Titan Wind Energy (Suzhou) Co., Ltd.

Titan Wind Energy (Suzhou) Co., Ltd. is a manufacturing company focused on the wind power industry, founded in 2005 and listed on the Shenzhen Stock Exchange in 2010. The company operates in both the upstream and downstream sectors, specializing in the production and distribution of wind towers, blades, offshore wind power foundations, and other related equipment. Additionally, Titan Wind Energy is involved in the development, construction, and operation of clean energy projects, positioning itself as a key player in the renewable energy sector. The company’s operations are divided into several main business lines, including offshore engineering equipment, zero-carbon industrial operations, and onshore wind energy equipment. Its offshore division manufactures large-scale components for offshore wind power, while the zero-carbon segment focuses on developing and operating wind power projects. Titan Wind Energy's onshore division produces large wind power equipment and has established strong partnerships within the industry. The company is actively expanding its capabilities in composite materials and aims to enhance its competitive position in the global market for wind energy solutions.

The company has been deeply involved in the wind power industry for twenty years, emerging as a leader in the equipment manufacturing segment. With a strategic layout driven by both "Equipment Manufacturing + Zero-Carbon Development", the company optimizes its equipment manufacturing product capacity structure while vigorously expanding its zero-carbon related businesses. This strategy provides substantial support for the company's transformative growth in the new strategic cycle. 1.Optimized Product Capacity Layout: Manufacturing Sector Achieves Seamless Transition from Land to Sea Through strategic optimization of its production capabilities and product portfolio, the enterprise has realigned its equipment manufacturing operations to prioritize offshore wind energy ventures, capitalizing on their superior market potential. In this sector, the company enters the realm of large-scale underwater foundation equipment manufacturing, characterized by higher entry barriers and strong port resources prerequisites. Due to limited resources in terms of docks, harbors, and adjacent lands, it's projected that the offshore wind power underwater foundation sector will continue to experience capacity constraints in the coming years. Through years of strategic planning, the company has established a robust geographical advantage in the production of offshore wind power foundational products, particularly in Europe and in China. The company aims to accelerate the construction and commissioning of its offshore engineering bases, further solidifying its advantageous position and competitive edge in the offshore engineering sector. 2.Zero-Carbon Business as the Second Growth Engine: Promising Rapid Development The zero-carbon business serves as a new driving force for the company's development. The company is poised to construct power stations, enhance operational capabilities, and utilize wind power development investments to catalyze the growth of other businesses. In the current landscape of intensified competition in the manufacturing segment of the wind power industry, the company has strategically accumulated substantial wind power development resources. It has stepped into the arena of zero-carbon business, progressively shifting downstream into the profitable realm of wind power station investment and development, away from the fiercely competitive midstream manufacturing segment. This approach not only strengthens the company's influence within the industry but also opens up avenues for further business growth, expanding its leadership and competitive advantages. Moreover, the zero-carbon business brings forth the accumulation of potential carbon assets, such as green electricity and CCER (Chinese Certified Emission Reduction) credits. As international and domestic carbon benchmark systems evolve and policies take root, the zero-carbon sector will provide robust support for the company's carbon neutrality, net-zero emissions, and green export trade initiatives.