On April 14, Tianshun wind released the first quarter results forecast of 2020. According to the notice, the company estimates that from January 1, 2020 to March 31, 2020, the net profit attributable to the shareholders of the listed company is RMB 131 million to RMB 139 million, an increase of 50% to 60% over the same period of last year.
As for the reasons for the change in performance, Tianshun wind power shows that during the statement period, the company's net profit attributable to the shareholders of the listed company has increased in the same direction compared with the same period of last year, mainly because the grid connected capacity and grid connected power of the wind farm in the new energy development sector of the company have increased significantly year on year; the company's new energy equipment sector has basically the same amount of delivery in the context of the epidemic; the company's wholly-owned subsidiaries Gusu Tianli capital contribution Co., Ltd. (hereinafter referred to as "Tianli capital contribution") reduced part of the shares of Shenzhen Science and technology innovation new material Co., Ltd. (hereinafter referred to as "science and technology innovation new source") and obtained the investment income. As of the announcement date, Tianli still holds about 20.32 million shares of science and technology innovation source, accounting for 16.28% of its total share capital.
Materials show that Tianshun wind power was founded in 2005 and successfully listed on Shenzhen Stock Exchange in December 2010. The company has six production bases, including Taicang new area factory, Taicang port sea advantage tower factory, European factory and Baotou factory. The reporter learned that since 2006, Tianshun wind power has become the designated global wind tower supplier of the first-class wind power equipment manufacturers in the world, such as GE, Vestas, Siemens, gamesa, etc. the wind tower products are sold to dozens of countries, such as the United States, Canada, Brazil, Germany, Thailand, etc., which has established a huge competitive advantage in the world wind power tower market.
According to the recent results report of 2019 issued by Tianshun wind energy, by the end of December 2019, the total assets of the company reached 13.599 billion yuan. In 2019, the company completed a total operating revenue of 6.052 billion yuan, an increase of 57.86% year-on-year; completed a net profit of 753 million yuan, an increase of 60.31% year-on-year; completed a basic earnings per share of 0.43 yuan, an increase of 64.01% year-on-year.
