Dajin Heavy Industry (01081) Falls Over 4% to New Listing Low; Nearly 70% of Revenue Comes from European Market

Stock News10-21

Dajin Heavy Industry (01081) dropped more than 4%, hitting a low of HK$21.52, a new listing low. As of press time, it was down 3.82% at HK$21.68, with a turnover of HK$49.0935 million.

On the news front, Dajin Heavy Industry Co.,Ltd. (01081) recently confirmed that rumors about the European Commission's decision to launch anti-dumping and anti-subsidy investigations into wind turbine towers and key structural components originating from China were false, and the company's operations remain normal.

Citigroup said in a research report that the European market is crucial to Dajin Heavy Industry, and it is expected that 68.8% of revenue in 2025 will come from the European market.

GF Securities pointed out that European wind power is constrained in the short term by grid bottlenecks, inefficient approvals, and supply chain tightness, but marginal improvements such as recovering capital investment and optimized electricity pricing mechanisms continue to materialize. The industry's bottoming-out and recovery trend is clear, highlighting restorative growth opportunities.

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