---
title: "GAD (300902): Won the procurement project of China Energy Engineering Group Tianjin Electric Power Construction Co., Ltd., with a bid amount of 11.2 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288547395.md"
description: "GAD (300902) announced that it won the bid for a procurement project from China Energy Construction Group Tianjin Electric Power Construction Co., Ltd., with an amount of 11.2 million yuan. The company's revenue in 2025 is expected to be 315 million yuan, with a net loss; in the first quarter of 2026, revenue is expected to be 33 million yuan, with an expanded net loss. The main business is automatic fire extinguishing devices and systems"
datetime: "2026-06-03T09:10:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288547395.md)
  - [en](https://longbridge.com/en/news/288547395.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288547395.md)
---

# GAD (300902): Won the procurement project of China Energy Engineering Group Tianjin Electric Power Construction Co., Ltd., with a bid amount of 11.2 million yuan

According to Tongbi Finance, data from Qichacha shows that based on the "Procurement of Compressed Foam Firefighting Equipment (CAFS) for the New Energy Dalarat Converter Station Project," GAD Co., Ltd. announced on June 3, 2026, that it won the bid for the procurement project of China Energy Engineering Group Tianjin Electric Power Construction Co., Ltd., with a bid amount of 11.2 million yuan.

Related listed company: GAD (300902.SZ)

_Tongbi Finance Tip:_

_GAD (300902.SZ) had an operating income of 315 million yuan in 2025, with an operating income growth rate of 2.36%. The net profit attributable to the parent company was -1 million yuan, with a net profit growth rate of 96.95%, and a return on net assets of -0.08%._

_In the first quarter of 2026, the company's operating income was 33 million yuan, with an operating income growth rate of -44.98%. The net profit attributable to the parent company was -0.7 million yuan, with a net profit growth rate of -353.34%._

_Currently, the company belongs to the industrial sector, with the main product types being chemical reagents, specialized equipment, and components. The 2025 report indicates that the main composition of its business is automatic fire extinguishing devices and systems: 95.07%; hardware accessories and others: 4.93%._

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