Dajin Heavy Industry Co., Ltd. (ASX: DAJIN) saw its stock climb more than 7% during early trading sessions, with shares last trading at HK$31.66, representing a 7.11% gain. Trading volume reached HK$71.4 million by press time.

JPMorgan noted in a research report that positive catalysts have emerged over the past two weeks, including Germany's introduction of a contract-for-difference mechanism and the grid connection of the Waterekke offshore wind project. These developments have prompted investors to take a fresh look at Dajin Heavy Industry Co., Ltd., whose shares have rebounded approximately 20% since September 9.

The investment bank highlighted that Dajin Heavy Industry Co., Ltd. stands as a leading global supplier of offshore wind foundation structures. Despite a significant pullback in stock price since mid-2026 due to downward earnings estimate revisions, the firm anticipates an earnings recovery by 2027. This optimism stems from diminishing headwinds related to exchange rates and logistics, coupled with reaccelerating order growth from Europe.

JPMorgan believes the current valuation presents an attractive entry point, positioning the company to benefit from a multi-year upward cycle in European offshore wind construction.