Yongda Co.: The company's large specialized equipment metal structural components business has achieved extensive coverage in the domestic wind power market.

Securities Daily Online News: On March 17, Yongda Co., Ltd. responded to investor questions on the interactive platform, stating that the company’s large-scale specialized equipment metal structural component business has deeply covered the domestic wind power market. The products are suitable for the full range of onshore and offshore wind turbines from 1.5MW to 18MW and are core suppliers for leading turbine manufacturers such as Mingyang Smart Energy and Goldwind. At the same time, relying on core turbine customers’ overseas expansion, the company’s products have indirectly participated in the international wind power supply chain, laying a solid foundation for extending into overseas markets. The UK’s policy to reduce tariffs on wind power equipment provides a substantial positive impact on the company’s overseas wind power business expansion. The implementation of related policies will directly lower the overall costs of exporting products to the UK and European markets, enhancing product price competitiveness. Meanwhile, as a key global offshore wind market, the accelerated construction of wind power projects in the UK will bring new market growth for the company, further promoting collaboration with core customers already present in the European market. Moving forward, the company will seize this overseas market opportunity, continue to increase research and development and capacity deployment of large megawatt and high-end offshore wind power structural components, deepen cooperation with leading global wind power customers, actively participate in UK and European wind power projects, steadily advance the internationalization of its wind power business, and enhance its market share in the global wind power supply chain.

(Edited by Yuan Guanlin)