Shengu Power (601369): Awarded the procurement project by Chifeng Zhongtang Special Steel Co., Ltd., with a bid amount of 235 million yuan.

Tongbi Finance News reports that data from Qichacha shows that according to the announcement of the bidding results for the “Chifeng Zhongtang Special Steel Co., Ltd. 1×100MW Ultra-High Temperature Subcritical Coal Gas Power Generation Project General Contracting (EPC)”, Xi’an Shaangu Power Co., Ltd. announced on March 27, 2026, that it won the bid for the procurement project of Chifeng Zhongtang Special Steel Co., Ltd., with a winning amount of 235 million yuan.

Related listed company: Shaangu Power (601369.SH)

Tongbi Finance Tip:

Shaangu Power (601369.SH) reported an operating revenue of 10.277 billion yuan in 2024, with a revenue growth rate of 1.32%. The net profit attributable to the parent company was 1.042 billion yuan, with a net profit growth rate of 2.09%, and a return on equity of 11.83%.

In the first half of 2025, the company’s operating revenue was 4.869 billion yuan, with a revenue growth rate of -2.70%. The net profit attributable to the parent company was 414 million yuan, with a net profit growth rate of -9.75%.

The company is currently in the industrial sector, with its main product types being power machinery, generators, and auxiliary equipment. In the 2024 annual report, the main business composition is as follows: energy conversion equipment: 43.75%; energy infrastructure operations: 38.55%; energy conversion system services: 17.45%; others: 0.21%; sales materials: 0.02%; leasing business: 0.01%.