Movement Alert|DAJIN Rises 5.29% in Regular Trading, European Offshore Wind Order Expectations and Shipbuilding Progress Provide Support

Market Focus
Oct 12

On October 12, DAJIN rose 5.29% in regular trading, trading at HK$30.92 with turnover of HK$36.33 million. The stock found support as market focus returned to the company's exposure to the European offshore wind upcycle and its expanding shipbuilding order book.

Catalysts cited include JPMorgan's view that DAJIN, as a leading global offshore wind foundation supplier, stands to benefit from a multi-year European offshore wind construction upcycle, with earnings expected to rebound in 2027. Reports also highlighted that the company has accumulated new shipbuilding orders totaling 24 vessels worth approximately RMB 12 billion, with deliveries concentrated in 2027–2030, reinforcing a second growth curve beyond its core wind equipment business.

DAJIN is a Chinese company principally engaged in the provision of core offshore wind power equipment, with operations spanning offshore wind equipment R&D and manufacturing, ocean-going special transportation, ship design and construction, wind and photovoltaic power generation, and wind power mother port operations across domestic and overseas markets.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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