--- title: "Jinpan Smart Technology (688676): Won the procurement project of the Sichuan Gas Turbine Research Institute of China Aero Engine Corporation, with a bid amount of 3.7 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/288352479.md" description: "Jinpan Smart Technology announced that it won the procurement project of the Sichuan Gas Turbine Research Institute of China Aero Engine Corporation, with a bid amount of 3.7 million yuan. The company's revenue for 2025 is expected to be 7.295 billion yuan, with a net profit of 660 million yuan; in the first quarter of 2026, the revenue is expected to be 1.523 billion yuan, with a net profit of 112 million yuan. The main business includes power transmission and distribution equipment, energy storage series, etc" datetime: "2026-06-02T02:15:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288352479.md) - [en](https://longbridge.com/en/news/288352479.md) - [zh-HK](https://longbridge.com/zh-HK/news/288352479.md) generator: "portal-rs" --- # Jinpan Smart Technology (688676): Won the procurement project of the Sichuan Gas Turbine Research Institute of China Aero Engine Corporation, with a bid amount of 3.7 million yuan According to Tongbi Finance, data from Qichacha shows that, based on the "Air Pre-treatment System - Bid Announcement for Transformers and High and Low Voltage Cabinets," Hainan Jinpan Intelligent Technology Co., Ltd. announced on June 2, 2026, that it won the bid for the procurement project of the China Aviation Engine Corporation Sichuan Gas Turbine Research Institute, with a bid amount of 3.7 million yuan. Related listed company: Jinpan Technology (688676.SH) *Tongbi Finance Tip:* *Jinpan Technology (688676.SH) had an operating income of 7.295 billion yuan in 2025, with an operating income growth rate of 5.71%. The net profit attributable to the parent company was 660 million yuan, with a net profit growth rate of 14.82%, and a return on equity of 14.05%.* *In the first quarter of 2026, the company's operating income was 1.523 billion yuan, with an operating income growth rate of 13.41%. The net profit attributable to the parent company was 112 million yuan, with a net profit growth rate of 4.83%.* *Currently, the company belongs to the industrial sector, with the main product type being substation equipment. The 2025 report shows the main composition of its business as power transmission and distribution equipment: 85.99%; energy storage series: 8.51%; others: 3.95%; digital overall solutions: 1.54%.* ### Related Stocks - [688676.CN](https://longbridge.com/en/quote/688676.CN.md) ## Related News & Research - [Canadian Solar highlights $3.5 billion energy storage backlog in investor deck](https://longbridge.com/en/news/297991668.md) - [Volue says battery trading skill drives widening returns gap in European storage projects](https://longbridge.com/en/news/298172343.md) - [Vatai’s Hong Kong IPO Filing Offers A Fresh Growth Angle On Maturing E-Commerce Narrative](https://longbridge.com/en/news/298350091.md) - [TAL: Production exceeds targets and new royalty terms improve future economics](https://longbridge.com/en/news/298178519.md) - [URGENT-Bombardier shares fall after Trump threatens US market access](https://longbridge.com/en/news/298329768.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**