---
title: "Yineng Power (920046): Won the bid for the procurement project of Nantong SCC, with a bid amount of 17.7886 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288515254.md"
description: "Yineng Power (920046.BJ) announced that it won the bid for the procurement project of Nantong SCC, with a bid amount of 17.7886 million yuan. The company mainly engages in substation equipment, with a revenue of 210 million yuan in 2025, a year-on-year increase of 16.55%; in the first quarter of 2026, the revenue is 56 million yuan, a year-on-year increase of 43.01%"
datetime: "2026-06-03T04:10:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288515254.md)
  - [en](https://longbridge.com/en/news/288515254.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288515254.md)
---

# Yineng Power (920046): Won the bid for the procurement project of Nantong SCC, with a bid amount of 17.7886 million yuan

According to Tongbi Finance, data from Qichacha shows that based on the "Announcement of the Bidding Results for the Procurement of High and Low Voltage Cabinets for the Automotive Electronics and Consumer Electronics HDI R&D and Manufacturing Project by Shenzhen South Circuit," Wuxi Yinen Power Equipment Co., Ltd. announced on June 3, 2026, that it won the procurement project of Nantong Shenzhen South Circuit Co., Ltd., with a winning bid amount of 17.7886 million yuan.

Related listed company: Yinen Power (920046.BJ)

_Tongbi Finance Tip:_

_Yinen Power (920046.BJ) reported an operating income of 210 million yuan in 2025, with an operating income growth rate of 16.55%. The net profit attributable to the parent company was 15 million yuan, with a net profit growth rate of 5.38%, and a return on equity of 5.93%._

_In the first quarter of 2026, the company's operating income was 5.6 million yuan, with an operating income growth rate of 43.01%. The net profit attributable to the parent company was 600,000 yuan, with a net profit growth rate of 10.95%._

_The company currently belongs to the industrial sector, with the main product types being substation equipment. The 2025 report shows the main composition of its business as transformers: 65.62%; high and low voltage complete equipment: 14.49%; installation engineering: 8.47%; box-type substations: 6.11%; others: 2.48%; other businesses: 1.69%; lightning protection rings: 1.13%._

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