[Cooperation between Shanghai Petrochemical and Zhejiang Pinghu] On the afternoon of September 16, Shanghai Petrochemical and the Management Committee of Zhejiang Dushan Port Economic Development Zone signed a contract on the joint construction of the Pinghu-Shanghai Petrochemical New Material Industrial Park. Editor/Sang Xiaomei

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• 2025.10.16 11:09
• [40 billion Chinese wind power leader, investing 14.2 billion to build UK factory]
• On October 15, 2025, this leading wind power company announced that it will build the UK's first fully integrated wind turbine manufacturing base in Scotland, with an expected total investment of £ 1.5 billion, equivalent to approximately RMB 14.21 billion. The 21st Century Business Herald reporter noticed that the above-mentioned project focuses on the construction of offshore and floating wind turbine manufacturing factories. This means that Mingyang Intelligence has targeted the offshore wind power market in the UK. In fact, this investment is not easy for Mingyang Intelligent. As of the first half of this year, the company has total assets of approximately 90.8 billion yuan and a year-end cash balance of approximately 10.6 billion yuan, indicating that this significant investment will have a significant impact on Mingyang Intelligent's cash flow. It is worth mentioning that the above-mentioned investment is also the first billion dollar investment announced by Mingyang Intelligent since its listing. Obviously, it regards the offshore wind power market in the UK and even throughout Europe as a 'treasury' for future performance growth. The secondary market has responded positively to Mingyang Intelligent's heavy holdings in the UK offshore wind market. On October 13th, the A-share stock price of the company closed at 18.04 yuan/share, a significant increase of 7.25%, with a latest market value of 41 billion yuan.Editor/Bian Wenjun

• 2025.10.16 11:01
• [1140MW offshore wind farm, 78 single piles delivered!]
• Steelwind Nordenham, Germany, recently announced that the last three single pile foundations manufactured by the company for the Baltic Power offshore wind power project in Poland have been shipped, completing the delivery of all 78 single piles for the project. The Baltic Power offshore wind power project is jointly developed by Orlen and Northland Power. The wind farm is located about 23 kilometers north of the Baltic Sea coast, with an installed capacity of 1140 MW. It is planned to install 76 Vestas V236-15.0 MW offshore wind turbines and two offshore substations. The single pile foundation transportation and installation ship project is undertaken by Van Oord from the Netherlands, and the first single pile foundation will be completed for offshore installation in early 2025. At present, the wind farm has started offshore wind turbine installation operations, which are carried out by the wind power installation vessel "Wind Osprey" under Cadeler. The Baltic Power offshore wind farm is planned to be put into operation in 2026 and will become Poland's first offshore wind farm in the Baltic Sea. It is expected to produce approximately 4000 GWh of zero emission electricity annually, reduce approximately 2.8 million tons of carbon dioxide emissions, and provide power to over 1.5 million Polish households, meeting 3% of the country's electricity demand.Editor/Bian Wenjun