On March 25, Xinjiang Goldwind Science And Technology Co.Ltd(002202) (Shenzhen Stock Exchange Xinjiang Goldwind Science And Technology Co.Ltd(002202) ; Hong Kong Stock Exchange 2208) disclosed the annual report of 2021. During the reporting period, the company realized an operating revenue of 50.571 billion yuan and a net profit attributable to the parent company of 3.457 billion yuan. The market share of the company has remained the first in China for 11 consecutive years and ranked the top three in the world for 7 consecutive years.
In 2021, the company will continue to accelerate the technological transformation of intelligent fan series products. The wind turbine adopts the “two wheel drive” technical route of direct drive permanent magnet and medium speed permanent magnet. According to the data, the sales capacity of direct drive permanent magnet gw6s / 8s units and gw3s / 4S units increased by 305.01% and 210.27% respectively year-on-year, and the sales capacity of medium speed permanent magnet (MSPM) wind turbines achieved a breakthrough.
After 10 years of research and development and on-site operation practice, the new generation of medium speed permanent magnet series units released by the company have the characteristics of more reasonable transmission chain design, good operation condition of generator gearbox and high reliability of the whole machine. They are common with 90% of the materials of direct drive permanent magnet technology line units. In addition to inheriting and applying a large number of technical advantages and experience accumulated by direct drive units, the new generation of medium speed permanent magnet products still share the service system with direct drive units, and the service advantages of Jinfeng are still guaranteed.
Xinjiang Goldwind Science And Technology Co.Ltd(002202) the new generation MSPM unit has obtained a large number of orders on hand and achieved rapid delivery after its release. By the end of 2021, the company’s external orders on hand totaled 1687470mw, and the capacity of MSPM orders was 481695mw, becoming a product with Xinjiang Goldwind Science And Technology Co.Ltd(002202) market potential. In many commercial projects in Xinjiang, Gansu and other places, the company’s MSPM units have been delivered and connected to the grid.
In addition, in the face of the “rush for loading” at sea in 2021, the company successfully completed the delivery and grid connection of all orders of offshore projects, and the delivery volume exceeded the total of offshore delivery in previous years. The company’s internationalization strategy has been actively promoted. It has not only made a number of breakthroughs in key target markets such as Australia and Europe, but also actively distributed emerging markets such as Africa and Asia, with remarkable development results. According to the annual report, Xinjiang Goldwind Science And Technology Co.Ltd(002202) achieved international sales of 6.06 billion yuan in 2021, with a year-on-year increase of 31.90%,
It is also noteworthy that the company’s wind farm investment and development business is progressing smoothly, and the power generation revenue continues to grow. By the end of 2021, Xinjiang Goldwind Science And Technology Co.Ltd(002202) global cumulative equity grid connected installed capacity is 606820 MW, and the capacity of wind farms under construction outside China is 259488 MW At present, the company’s wind power assets have covered 17 provinces in China. The average generation utilization hours of Chinese units are 2546 hours, an increase of 323 hours year-on-year. The generation utilization hours exceed the industry average.
For the future wind power market, Bloomberg new energy finance predicts that the global cumulative wind power installed capacity will exceed 1000gw in 2023. Wood Mackenzie predicts that by the end of 2030, China’s cumulative grid connected wind power capacity will reach 689gw, accounting for 67% of the global share Xinjiang Goldwind Science And Technology Co.Ltd(002202) said in the annual report that facing the future market, the company will realize product leadership with scientific and technological innovation, meet the growing global market, launch products and solutions with higher quality, lower price and better performance, and continue to improve the diversified profitability of the company.