--- title: "XEMC (600416): Won the bid for the procurement project of Fujian Ningde Nuclear Power Co., Ltd., with a bid amount of 7.2972 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/287050117.md" description: "XEMC (600416) won the bid for the procurement project of Fujian Ningde Nuclear Power Co., Ltd., with an amount of 7.2972 million yuan. The operating revenue for 2024 is expected to be 4.701 billion yuan, with a growth rate of 3.02%, and a net profit of 249 million yuan, a decrease of 16.98%. In the first half of 2025, the operating revenue is expected to be 2.544 billion yuan, with a growth rate of 4.60%, and a net profit of 188 million yuan, an increase of 12.98%" datetime: "2026-05-20T10:46:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287050117.md) - [en](https://longbridge.com/en/news/287050117.md) - [zh-HK](https://longbridge.com/zh-HK/news/287050117.md) --- # XEMC (600416): Won the bid for the procurement project of Fujian Ningde Nuclear Power Co., Ltd., with a bid amount of 7.2972 million yuan According to Tongbi Finance, data from Qichacha shows that based on the "Announcement of the Procurement Results for Non-Nuclear Grade Motor (APA, CRF) Maintenance Service Projects from 2026 to 2028," Xiangtan Electric Motor Co., Ltd. announced on May 20, 2026, that it won the procurement project from Fujian Ningde Nuclear Power Co., Ltd., with a winning bid amount of 7.2972 million yuan. Related listed company: Xiangdian Co., Ltd. (600416.SH) _Tongbi Finance Tip:_ _Xiangdian Co., Ltd. (600416.SH) had an operating income of 4.701 billion yuan in 2024, with a revenue growth rate of 3.02%. The net profit attributable to the parent company was 249 million yuan, with a net profit growth rate of -16.98%, and a return on equity of 3.38%._ _In the first half of 2025, the company's operating income was 2.544 billion yuan, with a revenue growth rate of 4.60%. The net profit attributable to the parent company was 188 million yuan, with a net profit growth rate of 12.98%._ _The company currently belongs to the industrial sector, with main product types including substation equipment, low-voltage electrical appliances, power machinery, wind pump machinery, buses, heavy trucks, and special vehicles. The main business composition in the 2024 report is as follows: motors: 53.05%; spare parts and others: 41.74%; electric control: 4.16%; other businesses: 1.04%._ ### Related Stocks - [600416.CN](https://longbridge.com/en/quote/600416.CN.md) ## Related News & Research - [China's CGN Starts Building Fourth Hualong One Atomic Power Unit of Taipingling Project](https://longbridge.com/en/news/286034536.md) - [The Texas-size fight over Rick Perry’s nuclear power startup](https://longbridge.com/en/news/286641646.md) - [NTPC chief cautions against dependence on single supplier for nuclear tech](https://longbridge.com/en/news/286668658.md) - [Abu Dhabi says drone strike caused fire at Barakah Nuclear Power Plant, no injuries or safety impact](https://longbridge.com/en/news/286669229.md) - [UAE restores power to Barakah nuclear plant after drone strike, IAEA says](https://longbridge.com/en/news/286806063.md)