Jiangsu SINOJIT Wind Energy Technology Co Ltd

On the morning of September 15, the A-share wind power equipment sector saw a wave of limit-up moves. Wind power leader Dajin Heavy Industry resealed its limit-up after the board was broken, with buy orders queued at the limit-up price reaching 159,000 lots. Xihua Technology, Titan Wind Energy, and Jixin Technology also hit limit-up simultaneously. On the news front, Germany's federal cabinet approved a draft amendment to the Offshore Wind Energy Act, introducing a contract-for-difference mechanism into Germany's offshore wind framework and planning to extend the standard operating period for projects from 25 years to 35 years. The bill will be submitted to the federal parliament for review and is planned to take effect on January 1, 2027. Domestically, from January to August 2026, a total of 383 central and state-owned enterprise wind power projects completed centralized procurement and bid awards for complete turbines, with cumulative capacity reaching 105,984.12 megawatts, or approximately 105.98 gigawatts. In August 2026, the average price for onshore wind power including towers was 2,120.32 yuan per kilowatt, down 61.2 yuan per kilowatt from July, while the average price excluding towers was 1,595.84 yuan per kilowatt, up 6.04 yuan per kilowatt from July. Industrial Securities said that Europe's new offshore wind installations are expected to jump from 2 gigawatts in 2025 to an average of about 7 gigawatts per year between 2026 and 2030, and Chinese companies are expected to gain entry by leveraging their technological and cost advantages. On the same day, the PCB sector continued its upward trend, with Aohong Electronics posting three consecutive limit-up boards, Huazheng New Materials and Dawei shares hitting limit-up, and Shuangxing New Materials in the copper foil segment also posting three consecutive limit-up boards.

Jixin Technology released its 2026 interim report, with operating revenue of 996 million yuan, up 39.33% year on year, and net profit attributable to the parent company of 119 million yuan, up 46.14% year on year. Net profit after deducting non-recurring items was 74.33 million yuan, up only 4.93%, while total non-recurring gains and losses were 44.86 million yuan, accounting for about 37.6% of net profit attributable to the parent company. In January 2026, the company completed full control of Jiangsu Xinneng Bearing Manufacturing, and the newly consolidated wind power bearing business contributed revenue of 271 million yuan, while disposal of the previously held equity generated investment income of about 37.99 million yuan. Net cash flow from operating activities was 292 million yuan, up 142.83% year on year. Wind farm operation business revenue was 104 million yuan, down 15.55% year on year, with net profit of 48.02 million yuan.