on the evening of October 27, 2023, trinity heavy energy (SH.688349) disclosed its third quarter 2023 report, with a revenue of 7.49 billion yuan from January to September 2023, up 18.04 percent year-on-year, with a significant increase in revenue scale, due to an increase in fan delivery scale over the same period last year.

Affected by factors such as intensified competition in the wind power industry and the increase in costs brought about by the development of overseas and offshore markets, the company's net profit has declined slightly. From January to September 2023, the net profit attributable to the parent company was 1.031 billion billion yuan, a slight decrease of 1.21 year-on-year.

It is worth noting that Sany Heavy Energy invested 0.684 billion billion yuan in R & D from the beginning of the year to the end of the reporting period, an increase of 29.01 percent over the same period last year, and R & D investment accounted for 9.13 percent of operating income, an increase of 0.77 percentage points over the same period last year. The company's R & D investment has been maintained at more than 5% for a long time. The continuous R & D investment has enhanced the company's competitive strength and future development potential in the wind power industry. The company's order scale in hand has repeatedly reached new highs. At the Beijing International Wind Energy Conference and Exhibition held in October 2023, the company released the world's largest onshore 15MW wind turbine and 13/16MW offshore wind turbine, maintaining a leading edge in the development of large megawatt units.

Sany Heavy Energy's main business is the research and development, manufacturing and sales of wind turbines, and the design, construction, and operation management of wind farms. It was listed on the Shanghai Stock Exchange on June 22, 2022. The concept of "changing the world" adheres to the vision of "promoting the efficient use of clean energy by mankind" and is committed to becoming the leader of global clean energy equipment and services.