Visit Mingyang Intelligent Wind Power Leader: Rush To Install The Tide And Come To The Company'S "Full Load" Operation, Adhere To The Semi Direct Drive Technology To Meet The Wind Power Parity Era.

With the improvement of wind power outage and the rush of wind power, the wind power industry is beginning to pick up.

Located in Mingyang Industrial Park, 22 Torch Road, Zhongshan, the factory is running at full capacity. Mingyang intelligent chairman Zhang Chuanwei revealed that orders for Ming Yang's intelligence have been received in 2021.

In May 2019, the notice issued by the national development and Reform Commission on the policy of improving the price of wind power on the Internet clearly stated that the offshore wind power projects approved by the end of 2018, such as the completion of the grid connection before the end of 2021, and the implementation of the approved electricity price; and after 2022 and after the completion of the grid connection, the implementation price of the grid connected year.

In the first half of 2019, the new quota of wind power in China has exceeded the level of the previous year under the influence of industry policies. Since the beginning of the second half of this year, the average bid price of the whole machine has risen sharply, and the land based fan has risen to 3800 yuan / kilowatt, and offshore wind power has risen to 7400 yuan / kilowatt. Compared with the lowest trough in 2018, the increase was more than 15%, and has returned to 2017 level.

Under the guidance of the two leading indicators of tender volume and average median price, many market participants have judged that China's wind power installed capacity will increase to the best level in history in 2020, and wind power generators and parts enterprises will usher in a boom in gross profit and operating income.

It is not difficult to see the trend of the "hot" trend from the three Quarterly Bulletin released by the wind power giant in 2019. In the first three quarters, business performance of main wind power generation increased to varying degrees. Among them, the domestic offshore wind giant Ming Yang intelligent business income reached 7 billion 210 million yuan, an increase of 58.87% over the same period last year, which has surpassed the whole year of 2018, and realized net profit of 514 million yuan, an increase of 98.59% over the same period last year, and also surpassed the annual level in 2018.

A share market helps prepare capacity

According to public information, Mingyang intelligence was founded in 2006. Its predecessor, Guangdong Mingyang wind power industry group Co., Ltd. is mainly engaged in R & D, production and manufacture of wind turbine.

In 2010, Mingyang intelligence was successfully listed on the NYSE in the US. In 2016, it completed the privatization from the US stock market, and returned to the domestic capital market in January 2019, listing on the Shanghai Stock Exchange.

"Shanghai Stock Exchange has great help and support for the company. Before listing, we listed the new blue chip list, and gave guidance and help to the compliance and promotion process of listing, from the upper level of the exchange to the executive level. After listing, it gave a full range of professional guidance in Information Disclosure and corporate governance compliance, and solved our operational problems and doubts one by one, which played an important role in information disclosure of new listed companies." Mingyang intelligent insider said.

And the most important benefit of domestic listing is to provide refinancing channels for Ming Yang intelligence, and promote the preparation capacity and strategic development of listed companies.

When landing on the A share market, Mingyang intelligent IPO raised funds for its Yangjiang high tech Zone Mingyang fan equipment manufacturing blade project, Yangjiang high tech Zone Mingyang fan manufacturing equipment project, Gongcheng low wind speed test wind farm project and Jingbian mingyangliang Liang Liang second wind farm project. Among them, the Yangjiang base is an important production base for Mingyang intelligence in offshore wind power layout. It is mainly used to produce 5.5MW semi direct drive offshore wind turbine and its supporting blades.

According to the reporter's understanding, the base has been put into operation, and will play a key supporting role for the company's offshore wind power dispatching in 2020.

More than a month ago, the application of Mingyang intelligent public offering to Switching Company bonds was also approved by the SFC. The company intends to issue Switching Company bonds with no more than 1 billion 700 million yuan (including 1 billion 700 million yuan).

The net proceeds raised after deducting the issuance cost will be used to invest in Mingyang Xilinhaote 100MW wind power project, Xilinhaote Mingyang Wind Power Generation Co., Ltd. 50MW wind power heating project, Mingyang Qingshui River leek village 50MW wind power heating project, MySE10MW level offshore wind power unit and key parts development project and supplementary working capital.

At the Beijing wind energy exhibition, the company released the land 5MW model with the largest domestic land-based model and the 8MW model with the largest sweep area in the country.

Since 2018, the domestic offshore wind power has developed rapidly, and a large number of offshore wind power projects have been launched, especially the planning and construction of offshore wind power in Guangdong.

According to the statistics of Huachang securities, as of October 2019, Mingyang intelligence has successfully won the bid offshore wind power exceeding 4.7GW, of which the scalar 4.3GW in Guangdong area is reached.

"Our current orders are very sufficient, and we have received many high quality orders, including items in the southeast coast, Jiangsu, Inner Mongolia, Henan and Xinyang. The order at sea has reached more than 4GW." Zhang Chuanwei said.

With the gradual increase in orders, Mingyang smart capacity preparation has also been strongly concerned by the market.

Zhang Chuanwei responded, "based on the technology of semi direct drive, Mingyang intelligence has cultivated a unique and robust supply chain system for several years, and its key components of the supply chain system have little competition with the same companies. Among them, the blade is designed and produced independently. It can be said that the advantages of modular design of semi direct drive effectively guarantee the stability of the company's supply chain system. In the context of the current industry's rush to install, Mingyang intelligence is ready for the upcoming delivery peak.

Two measures to deal with parity Era

Based on the position of more than ten years in the semi direct drive technology, Mingyang intelligence is becoming a "hot leader" in the market and the offshore wind power.

In the early days of its founding, Mingyang wind power introduced the technology of German Aerodyn company. Through digesting and absorbing advanced technology of Aerodyn, the company independently developed land 3MW, 4MW, 5MW series, marine 5.5MW, 6MW, 7MW, 8MW series semi direct drive large wind turbines.

At present, the company's technology has applied for patent protection. Semi direct drive technology has more than 100 inventions and more than 300 practical patents. The company's semi direct drive technology has more than 400 patent protection.

In recent years, semi direct drive technology has been recognized by more and more wind power faucets. The global fan leader, Vestas, used semi direct drive in offshore wind power. In 2019, it also introduced a new generation of fan technology platform, EnVentus, which will adopt semi direct drive technology in the future.

Many people in the industry expect that Mingyang semi direct drive technology will take into account the high stability of direct drive technology and the low-cost advantage of doubly fed technology, which will become a technical vane under the pressure of parity.

"Our technical line is mainly aimed at solving typhoons, large-scale and engineering problems. Ming Yang's direct drive unit adopts the "super compact" design - gearbox, spindle and generator "three in one" integrated design. The weight and volume of the main engine are significantly smaller than other technology roadways. It not only saves material costs, but also improves the transmission efficiency. Zhang Chuanwei said.

Before that, many market participants pointed out that with the advent of parity Internet era, the wind power industry or mid term performance is under pressure.

In Zhang Chuanwei's view, the company is not worried about this trend. The company has taken two measures at present, that is, adhere to the technology of semi direct drive, realize the "light weight" of the unit, and promote the "light assets" business mode of the company.

It is understood that at the end of equipment, Mingyang intelligence is based on the semi direct drive technology line, and has a higher power generation efficiency while realizing the "lightweight" of the unit. Moreover, the "lightweight" design can reduce the overall load of the unit, making it possible for the fan to continue large-scale development and pave the way for the wind power parity process.

From the power generation side, the company will continue to promote the "light assets" business model. The company's professional team relies on the core competence of the whole life cycle of the wind power project, changing the traditional investment mode, rolling the development of the head project, and providing a package solution with the cooperation of large power generation assets investment and operators.

"Now the national policy emphasizes the burden reduction for private enterprises, but in fact, there is not much room for reducing operating costs. The reduction of taxes, environment and manpower costs will not drop much. For example, the minimum wage standards are increasing, resource costs and land costs are increasing. The only cost reduction is the energy side. The maturity of the wind power industry and the continuous optimization of the cost of electricity will bring great burden to the energy cost. Zhang Chuanwei added.