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Delica Transmission Technology (Jiangsu) Co., Ltd. cited QYResearch's publication on the wind power gear transmission equipment market in its IPO project.

风电齿轮传动设备


According to a research report by QY Research, in 2023, Delijia's market share (12.77%) was 22.19 percentage points lower than that of China High Speed Transmission (34.96%). As the global leader, China High Speed Transmission is still facing a decline in profitability in 2024 due to rising costs and falling prices for wind power gear transmission equipment. How did Delijia manage to stand out so remarkably? The explanation provided in its response to the first round of regulatory inquiries is unlikely to convince the regulators.

Source: Sohu
More: https://www.sohu.com/a/901878686_121347599

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