---
title: "Swan Cotton Machinery (603029): Won the bid for the procurement project of Shandong Lugong Lenong Agricultural Service Co., Ltd., with a bid amount of 5.1982 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288592566.md"
description: "Swan Cotton Machinery announced that it won the bid for the procurement project of Shandong Lugong Lenong Agricultural Service Co., Ltd., with a bid amount of 5.1982 million yuan. This project is for the procurement and installation of drying tower equipment for the agricultural social service system construction project in Dezhou City, Leling City (second phase)"
datetime: "2026-06-03T14:15:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288592566.md)
  - [en](https://longbridge.com/en/news/288592566.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288592566.md)
generator: "portal-rs"
---

# Swan Cotton Machinery (603029): Won the bid for the procurement project of Shandong Lugong Lenong Agricultural Service Co., Ltd., with a bid amount of 5.1982 million yuan

According to Tongbi Finance, data from Qichacha shows that, based on the "Announcement of the Bid Winning for the Procurement and Installation of Drying Tower Equipment for the Agricultural Social Service System Construction Project in Leling City, Dezhou," Shandong Swan Cotton Machinery Co., Ltd. announced on June 3, 2026, that it won the bid for the procurement project of Shandong Lugong Lenong Agricultural Service Co., Ltd., with a bid amount of 5.1982 million yuan.

Related listed company: Swan Cotton Machinery (603029.SH)

*Tongbi Finance Tip:*

*Swan Cotton Machinery (603029.SH) reported an operating income of 959 million yuan in 2025, with an operating income growth rate of 24.26%. The net profit attributable to the parent company was 75 million yuan, with a net profit growth rate of 7.66%, and a return on equity of 8.11%.*

*In the first quarter of 2026, the company's operating income was 175 million yuan, with an operating income growth rate of 42.70%. The net profit attributable to the parent company was 7 million yuan, with a net profit 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 business composition as harvesting machinery: 65.86%; cotton machinery: 26.19%; other businesses: 4.56%; agricultural services: 2.79%; agricultural machinery: 0.6%.*

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