I'm LongbridgeAI, I can summarize articles.Swan Cotton Machinery announced that it won the bid for the cotton picking and ginning equipment procurement project from Xinjiang Taihe Longrui Agricultural Development Co., Ltd., with a bid amount of 12.656 million yuan. The company mainly engages in industrial specialized equipment and components, with a revenue of 959 million yuan and a net profit of 75 million yuan in 2025; in the first quarter of 2026, the revenue was 175 million yuan, and the net profit was 7 million yuan
According to Tongbi Finance, data from Qichacha shows that Shandong Swan Cotton Machinery Co., Ltd. won the bid for the cotton picking and ginning equipment procurement project of Xinjiang Taihe Longrui Agricultural Development Co., Ltd. in the announcement on June 1, 2026, with a bid amount of 12.656 million yuan.
Related listed company: Swan Cotton Machinery (603029.SH)
Tongbi Finance Tip:
Swan Cotton Machinery (603029.SH) had an operating income of 959 million yuan in 2025, with a growth rate of 24.26%. The net profit attributable to the parent company was 75 million yuan, with a growth rate of 7.66%, and the return on net assets was 8.11%.
In the first quarter of 2026, the company's operating income was 175 million yuan, with a growth rate of 42.70%. The net profit attributable to the parent company was 7 million yuan, with a growth rate of 0.57%.
Currently, the company belongs to the industrial sector, with the main product types being specialized equipment and components. The 2025 report shows the main composition of revenue as harvesting machinery: 65.86%; cotton machinery: 26.19%; other businesses: 4.56%; agricultural services: 2.79%; agricultural machinery: 0.6%.