Jiangsu Shengtong (002438): Won the bid for Shenzhen Mawan Power Co., Ltd. procurement project with a bid amount of 7.8616 million yuan.

Tongbi Finance News: According to the “Mawan Power Plant Upgrading and Renovation Coal Power Environmental Protection Replacement Phase I Project Second Batch Auxiliary Equipment: Circulating Water System Hydraulic Control Butterfly Valves and Electric Butterfly Valve Equipment Procurement Pre-Announcement,” Jiangsu Shentong Valve Co., Ltd. announced on March 16, 2026, that it won the bid for the procurement project of Shenzhen Mawan Power Generation Co., Ltd., with a bid amount of 7.8616 million yuan.

Related listed company: Jiangsu Shentong (002438.SZ)

Tongbi Finance Tips:

Jiangsu Shentong (002438.SZ) reported a revenue of 2.143 billion yuan in 2024, with a revenue growth rate of 0.48%. The net profit attributable to the parent company was 295 million yuan, with a net profit growth rate of 9.68%. The return on equity was 8.61%.

In the first half of 2025, the company’s revenue was 1.068 billion yuan, with a growth rate of 1.52%. The net profit attributable to the parent was 150 million yuan, with a growth rate of 4.72%.

_The company currently belongs to the industrial sector, mainly producing metallurgical machinery, specialized equipment, and parts. In 2024, the main business composition was butterfly valves: 24.98%; flanges: 23.24%; energy-saving services: 19.83%; non-standard valves and other equipment: 7.76%; other businesses: 7.43%; ball valves: 6.46%; blind flange valves: 5.29%; gate valves: 3.01%; pit filters: 1.67%; pressure regulating valve groups: 0.18%; water seal check valves: 0.13%.