Citi has issued a research report giving Dajin Heavy Industry Co.,Ltd. (01081) a "Buy" rating with a target price of HK$43. The firm believes that the sharp decline in the company's share price represents a good buying opportunity, and expects that the resumption of new orders in Europe in the first half of 2027 will have a positive impact.
Citi stated that market concerns that the European Union may ban imports of Chinese wind power equipment due to national security threats caused Dajin Heavy Industry Co.,Ltd. (01081) shares to fall 16% on October 9. The European market is crucial to Dajin Heavy Industry Co.,Ltd. (01081), with an estimated 68.8% of its 2025 revenue expected to come from the European market.
According to the mainland wind power association, given the current supply shortage in Europe, the likelihood of the European Union imposing an import ban on Chinese wind power equipment is not high. Meanwhile, Dajin Heavy Industry Co.,Ltd. (01081) stated that it has not received any confirmation regarding a possible EU ban on imports of Chinese wind power equipment.