Penglai Dajin Offshore Heavy Industry Achieves Record Performance in Offshore Wind Sector
Penglai Dajin Offshore Heavy Industry recorded a 132.8% profit increase in 2025, driven by strong demand in the offshore wind market. The firm is positioned to maintain its leadership despite ongoing challenges such as fluctuating policies and material costs.
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In 2025, Penglai Dajin Offshore Heavy Industry reported a net profit of 1.1 billion yuan ($159 million), primarily due to its strategic location and efficient delivery capabilities. The company, a key player in China's offshore wind power equipment market, accounted for over 90% of its parent company's revenue.
By the end of 2025, Dajin had an overseas order backlog exceeding 10 billion yuan, with most deliveries planned for the next two years. Challenges such as volatile wind energy policies, high steel prices, and trade barriers could impact future growth, yet analysts anticipate the firm will continue to thrive in the global market.
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