Collective straight-line surge to limit up! Power concept stocks in a frenzy, Jin Kai New Energy order封 once reached nearly 1 million lots

On the afternoon of March 12, A-shares’ power concept stocks moved collectively, with wind power leading the gains. Among individual stocks, Shuangyi Technology hit the 20-centimeter daily limit, Haili Wind Power and Sany Heavy Energy rose over 10% to lead the gains. Many stocks such as Daikin Heavy Industry, Deli Jia, and Zhenjiang Shares surged straight to the daily limit in the afternoon, with Jinkai New Energy’s order book nearing 1 million lots at one point, trading at 10.87 yuan per share, with a total market value of 21.71 billion yuan.

On the news front, according to Cailian Press, the UK will cancel 33 wind turbine component import tariffs starting April 1, reducing tariffs on core parts like blades and cables from 6% and 2% to 0%, aiming to unlock 22 billion pounds of investment and accelerate offshore wind installation in the North Sea.

Guojin Securities remains optimistic about Europe’s offshore wind export chain, believing that the demand for green electricity driven by data centers and Europe’s energy independence ambitions fueled by the US-Iran conflict will further boost long-term demand for European offshore wind. Fundamentally, according to ICIS forecasts, Europe’s data center capacity is expected to increase from 10.6 GW to 26.6 GW by 2035. If 50% of the additional data center power demand is met by offshore wind, an extra approximately 24 GW of offshore wind capacity could be added beyond current government auction processes. Several data center projects have recently signed offshore wind PPA agreements, indicating that demand may be about to explode.

Additionally, Guojin Securities believes that the natural gas price fluctuations caused by the US-Iran conflict further trigger Europe’s energy independence sensitivities. Offshore wind, as a perfect energy technology to meet Europe’s requirements for affordability, safety, and cleanliness, will undoubtedly become a key choice for European governments in the future.

Guosheng Securities states that Europe’s power system currently relies on natural gas regulation, with soaring natural gas prices likely accelerating Europe’s efforts to reduce dependence on natural gas. Coal, nuclear, and wind power are expected to become alternative power sources. The overlapping demand for electricity from US AI developments and the replacement of aging power grids has intensified the demand for electrical equipment. Under this background, domestic industry chains may see relaxed access conditions for certain consumables and components.

(Disclaimer: The content of this article is for reference only and does not constitute investment advice. Investors operate at their own risk.)