--- title: "SCG (600170): Won the bid for the procurement project of Shanghai Hushen Expressway Construction Development Co., Ltd., with a bid amount of 395 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/287832189.md" description: "SCG (600170) won the bid for a procurement project from Shanghai Hushen Expressway Construction Development Co., Ltd., with an amount of 395 million yuan. The operating revenue for 2025 is expected to be 205.997 billion yuan, with a net profit of 1.237 billion yuan. In the first quarter of 2026, the operating revenue is expected to be 49.102 billion yuan, with a net profit of 1 million yuan" datetime: "2026-05-27T23:42:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287832189.md) - [en](https://longbridge.com/en/news/287832189.md) - [zh-HK](https://longbridge.com/zh-HK/news/287832189.md) generator: "portal-rs" --- # SCG (600170): Won the bid for the procurement project of Shanghai Hushen Expressway Construction Development Co., Ltd., with a bid amount of 395 million yuan According to Tongbi Finance, data from Qichacha shows that Shanghai Construction Group Co., Ltd. announced on May 27, 2026, that it won the bid for the procurement project of Shanghai Hushen Expressway Construction Development Co., Ltd. under the "S26 Highway (Provincial Boundary-G15 Highway) Reconstruction Project Main Construction 2 Standard," with a bid amount of 395 million yuan. Related listed company: Shanghai Construction (600170.SH) *Tongbi Finance Tip:* *Shanghai Construction (600170.SH) had an operating income of 205.997 billion yuan in 2025, with an operating income growth rate of -31.38%. The net profit attributable to the parent company was 1.237 billion yuan, with a net profit growth rate of -42.93%, and a return on equity of 2.16%.* *In the first quarter of 2026, the company's operating income was 49.102 billion yuan, with an operating income growth rate of 21.79%. The net profit attributable to the parent company was 0.01 billion yuan, with a net profit growth rate of 100.55%.* *Currently, the company belongs to the industrial sector, with the main product types being civil construction and residential buildings. The 2025 report shows the main composition of revenue as follows: housing construction: 60.23%; infrastructure projects: 10.83%; specialized engineering: 5.88%; sales of ready-mixed concrete materials: 5.35%; construction decoration projects: 4.42%; landscaping: 3.25%; real estate development: 3.15%; design and consulting services: 2.29%; others: 1.41%; complete equipment and other commodity trade: 1.03%; other businesses: 0.69%; urban infrastructure investment and construction: 0.64%; gold sales business: 0.5%; construction industry: 0.23%; stone sales revenue: 0.09%; photovoltaic new energy: 0.01%.* ### Related Stocks - [600170.CN](https://longbridge.com/en/quote/600170.CN.md) ## Related News & Research - [Jiangsu Expressway targets 16% revenue CAGR for 2025-2028 under 2026 action plan](https://longbridge.com/en/news/296501704.md) - [Negative Link Announces Global Expansion and Next Phase of Growth](https://longbridge.com/en/news/296644416.md) - [Azevedo & Travassos unit Rota Mogiana SPE meets key conditions for highway concession contract signing](https://longbridge.com/en/news/295984130.md) - [China's Growing Pet Market Lures New Entrants From Home Appliance, NEV, Other Industries](https://longbridge.com/en/news/296760049.md) - [Jiangsu Expressway schedules interim results presentation via telephone video conference](https://longbridge.com/en/news/296498702.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**