---
title: "Mingyang Electric (301291): Won the bid for the procurement project of Jiangsu Electric Power Design Institute Co., Ltd. under China Energy Engineering Group, with a bid amount of 19.2452 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287717277.md"
description: "Mingyang Electric (301291) won the bid for a procurement project from China Energy Engineering Group Jiangsu Electric Power Design Institute Co., Ltd., with an amount of 19.2452 million yuan. The operating revenue for 2025 is expected to be 6.91 billion yuan, with a growth rate of 7.22%; the net profit is expected to be 588 million yuan, a decrease of 11.20%. In the first quarter of 2026, the operating revenue is expected to be 962 million yuan, a decrease of 26.28%; the net profit is expected to be 25 million yuan, a decrease of 78.08%"
datetime: "2026-05-27T04:54:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287717277.md)
  - [en](https://longbridge.com/en/news/287717277.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287717277.md)
---

# Mingyang Electric (301291): Won the bid for the procurement project of Jiangsu Electric Power Design Institute Co., Ltd. under China Energy Engineering Group, with a bid amount of 19.2452 million yuan

According to Tongbi Finance, data from Qichacha shows that based on the "Liuyang City Bieqiao Town Daocheng Fishing Light Complementary Photovoltaic Power Generation Project Photovoltaic Area (Section 2) EPC General Contracting Box Transformation Invitation Inquiry Procurement," Guangdong Mingyang Electric Co., Ltd. announced on May 27, 2026, that it won the bid for the procurement project of China Energy Engineering Group Jiangsu Electric Power Design Institute Co., Ltd., with a winning amount of 19.2452 million yuan.

Related listed company: Mingyang Electric (301291.SZ)

_Tongbi Finance Tip:_

_Mingyang Electric (301291.SZ) had an operating income of 6.91 billion yuan in 2025, with an operating income growth rate of 7.22%. The net profit attributable to the parent company was 588 million yuan, with a net profit growth rate of -11.20%, and a return on net assets of 12.12%._

_In the first quarter of 2026, the company's operating income was 962 million yuan, with an operating income growth rate of -26.28%. The net profit attributable to the parent company was 25 million yuan, with a net profit growth rate of -78.08%._

_Currently, the company belongs to the industrial sector, with the main product types being substation equipment, electronic components, specialized equipment and parts. In the 2025 report, the main business composition was: power transmission and distribution and control equipment: 93.62%; electromechanical integration business: 4.61%; sales of materials and waste: 1.5%; maintenance and others: 0.27%._

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