---
title: "Silvery Dragon (603969): Won the procurement project of Heilongjiang Longyuan Construction Development Co., Ltd. A Cheng Branch, with a bid amount of 8.7528 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288561333.md"
description: "Silvery Dragon (603969) announced that it won the bid for the procurement project of Longyuan Construction Development Co., Ltd. A Cheng Branch in Heilongjiang Province, with a bid amount of 8.7528 million yuan. The company mainly engages in materials such as steel wire and steel strand, with a revenue of 3.206 billion yuan and a net profit of 366 million yuan in 2025; in the first quarter of 2026, the revenue was 561 million yuan, and the net profit was 66 million yuan"
datetime: "2026-06-03T10:45:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288561333.md)
  - [en](https://longbridge.com/en/news/288561333.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288561333.md)
generator: "portal-rs"
---

# Silvery Dragon (603969): Won the procurement project of Heilongjiang Longyuan Construction Development Co., Ltd. A Cheng Branch, with a bid amount of 8.7528 million yuan

According to Tongbi Finance, data from Qichacha shows that based on the "Announcement of the Procurement Results for Steel Strand by Heilongjiang Longyuan Construction Development Co., Ltd. A Cheng Branch for the Shanghai Electric Three Gorges Zhaodong Whole Tower Project," Tianjin Silvery Dragon Group Co., Ltd. announced on June 3, 2026, that it won the bid for the procurement project of Heilongjiang Longyuan Construction Development Co., Ltd. A Cheng Branch, with a bid amount of 8.7528 million yuan.

Related listed company: Silvery Dragon (603969.SH)

*Tongbi Finance Tip:*

*Silvery Dragon (603969.SH) reported an operating income of 3.206 billion yuan in 2025, with an operating income growth rate of 5.00%. The net profit attributable to the parent company was 366 million yuan, with a net profit growth rate of 54.51%, and a return on equity of 13.78%.*

*In the first quarter of 2026, the company's operating income was 561 million yuan, with an operating income growth rate of -4.11%. The net profit attributable to the parent company was 66 million yuan, with a net profit growth rate of -5.77%.*

*Currently, the company belongs to the materials industry, with main product types including steel billets and steel wires. The 2025 report shows the main composition of revenue as follows: steel wire: 38.84%; steel strand: 38.33%; sales and supporting services of concrete products for rail transit: 18.57%; other businesses: 3.74%; steel bars: 0.42%; steel and plates: 0.1%.*

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**