--- title: "GEMAC (301048): Won the bid for the procurement project of Yuwan Railway Co., Ltd., with a bid amount of 13.654 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/287036611.md" description: "GEMAC (301048) won the bid for the procurement project of Yuwan Railway Co., Ltd., with an amount of 13.654 million yuan. The operating revenue for 2024 is 3.093 billion yuan, with a net profit of 191 million yuan, and a net profit growth rate of -35.54%. In the first half of 2025, the operating revenue is 1.35 billion yuan, with a net profit of 95 million yuan, and a net profit growth rate of 14.37%" datetime: "2026-05-20T09:11:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287036611.md) - [en](https://longbridge.com/en/news/287036611.md) - [zh-HK](https://longbridge.com/zh-HK/news/287036611.md) --- # GEMAC (301048): Won the bid for the procurement project of Yuwan Railway Co., Ltd., with a bid amount of 13.654 million yuan According to Tongbi Finance, data from Qichacha shows that, based on the "Announcement of the Bidding Results for the New Chongqing to Wanzhou High-Speed Railway Rolling Stock," GEMAC announced on May 20, 2026, that it won the bid for the procurement project of Yuwan Railway Co., Ltd., with a bid amount of 13.654 million yuan. Related listed company: GEMAC (301048.SZ) _Tongbi Finance Tip:_ _GEMAC (301048.SZ) had an operating income of 3.093 billion yuan in 2024, with an operating income growth rate of 1.13%. The net profit attributable to the parent company was 191 million yuan, with a net profit growth rate of -35.54%, and a return on equity of 7.44%._ _In the first half of 2025, the company's operating income was 1.35 billion yuan, with an operating income growth rate of 5.30%. The net profit attributable to the parent company was 95 million yuan, with a net profit growth rate of 14.37%._ _Currently, the company belongs to the industrial sector, with the main product types being industrial control machinery and special vehicles. The 2024 report shows the main business composition as railway engineering machinery: 42.44%; freight equipment: 20.03%; maintenance services: 16.41%; parts sales: 14.83%; other main businesses: 6.3%._ ### Related Stocks - [301048.CN](https://longbridge.com/en/quote/301048.CN.md) ## Related News & Research - [CARNEY SAYS VANCOUVER PORT AND SUPPORTING INFRASTRUCTURE LIKE ROADS, RAIL, AND AIRPORT MUST EXPAND.](https://longbridge.com/en/news/287093950.md) - [Keyera Corp - To Invest $240 Million In Ace Rail Terminal Including $100 Million Incremental To 2026 Guidance](https://longbridge.com/en/news/287052976.md) - [13:34 ETNorth American Rail Solutions acquires Queen City via US Subsidiary; American Track](https://longbridge.com/en/news/286298357.md) - [00:23 ET3,500 WORKERS WALK OUT AS BLET TEAMSTERS, UNION COALITION LAUNCH LIRR STRIKE](https://longbridge.com/en/news/286633178.md) - [China’s Jinlihua Electric Soars by Limit After Unveiling Plan to Foray Into Commercial Aerospace Field](https://longbridge.com/en/news/287036981.md)