Gelonghui, May 11丨Recently, Penglai Daikin, a subsidiary of Daikin Heavy Industries (002487.SZ), signed consecutive single-pile supply contracts for the Haifeng project with European energy development companies, with a total contract amount of 743 million euros. The Ping An Securities Research Report pointed out that since 2023, the company's order scale has exceeded all of 2022, and the overseas Haifeng business expansion results have exceeded expectations. As orders continue to accumulate, the company's recognition in overseas markets has further increased, which is expected to fully benefit from the rapid development of offshore wind power in Europe. In addition to the European and American markets, the company is also actively developing other seabreeze markets. In early 2023, the company was invited to attend the Philippine President's Business Roundtable. Industrial investment in the Philippines has been included in the company's development strategy, and future expansion of the company's emerging ocean wind market in the Asia-Pacific region is worth looking forward to. The bank considered that the company's overseas business expansion exceeded expectations and adjusted the company's profit forecast. The company's net profit for 2023-2025 was estimated to be 931, 1,354, and 1,854 million yuan respectively (the original forecast values were 931, 1,274, and 1,668 million yuan). The offshore wind power boom is improving, and the company is expected to become the world's leading offshore wind farm pile and maintain the company's “recommended” rating.