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Titan Wind Energy was included in the China Securities 500 Index

2023-03-21 15:59:43

Recently, the company's stock, Titan Wind Energy (002531), was adjusted to be included in the China Securities 500 Index, an index developed by China Securities Index Co., Ltd. Most of the index are leading companies in emerging industries, and these leading companies are growing rapidly and have great potential for development in the future. The CSI 500 Index has a good representativeness and is one of the largest tracking fund numbers and fund size indexes in the market. Currently, the total number of OTC funds tracking the CSI 500 on the market exceeds 150, with a total capital scale of over 100 billion and a huge volume.


"We have been persisting in deep development in the field of wind power, constantly consolidating our global leading position in the field of tower tube segmentation, and actively conducting relevant diversified business layouts within the wind power industry chain. We have successively entered the fields of wind power blade and mold manufacturing, wind power offshore equipment manufacturing, and the" zero carbon business "sector represented by new energy resource development and asset operation. Through the dual wheel drive of" manufacturing "and" zero carbon "businesses,", Realize horizontal and vertical expansion of the industrial chain.


In 2022, the company has added production bases in Tongliao, Puyang, Shayang, and Shangdu, which are located in Northeast, North, Central, and East China, where wind power resources are abundant. The marine engineering base in Port Coox, Germany, Europe is also being promoted in an orderly manner, and a new domestic marine engineering production base is also being planned and constructed, and will achieve further industrial chain linkage with the zero carbon business industry cluster. As of the end of the third quarter, we have built 11 wind farms in Xinjiang, Henan, Shandong, and other places, with a cumulative grid connection of 884MW. By the end of this year, the 500MW project in Xinghe County, Inner Mongolia is expected to achieve grid connection for power generation. We will continue to develop our business scale and contribute to the transformation of new energy in China and the world.


As a public enterprise, we always adhere to harmonious development with the environment, actively assume social responsibility, and actively improve corporate governance. We are committed to building and operating wind farms, gradually replacing traditional coal-fired power generation with clean energy to reduce carbon emissions. Our Taicang Tower Tower Factory is a green and low-carbon factory that uses smart energy systems and generates electricity from renewable energy sources. It provides employees with green charging services and responds to green power transactions to achieve cost reduction and efficiency increase. In response to the national call, we actively participate in social welfare undertakings, actively donate donations and materials, influence and drive the revitalization of the local economy through our own development, and strive to repay the society.


Our efforts have also received recognition from all sectors of society. In September 2021, we received a BBB+rating from the Hong Kong Quality Assurance Bureau - Hang Seng A Share Sustainable Development Enterprise Index. In November 2021, we were included in the MSCI China A Share Onshore Index. In January 2022, we received a MSCI ESG BBB rating. In September 2022, we were included in the Hang Seng A Share Sustainable Development Enterprise Benchmark Index. In the future, we will continue to work hard on the path of the new energy industry chain and the provision of new energy electricity, making contributions to the sustainable development of the world.


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