--- title: "CHINA SATCOM (601698): Won the procurement project of the China Central Radio and Television Station, with a bid amount of 45.152 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/288236622.md" description: "CHINA SATCOM (601698) announced that it won the procurement project of the China Central Radio and Television Station, with a winning amount of 45.152 million yuan. The company belongs to the telecommunications service industry, with its main products being communication systems and platforms as well as professional consulting services. Financial data shows that the company's revenue in 2025 is expected to be 2.645 billion yuan, a year-on-year increase of 4.08%; in the first quarter of 2026, revenue is expected to be 542 million yuan, with a net profit of 27 million yuan, a significant year-on-year decrease of 61.90%" datetime: "2026-06-01T08:10:15.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288236622.md) - [en](https://longbridge.com/en/news/288236622.md) - [zh-HK](https://longbridge.com/zh-HK/news/288236622.md) generator: "portal-rs" --- # CHINA SATCOM (601698): Won the procurement project of the China Central Radio and Television Station, with a bid amount of 45.152 million yuan According to Tongbi Finance, data from Qichacha shows that based on the "Public Consultation on the Procurement of Satellite Broadcasting and Television Repeater Transmission Services (Live Satellite HD Broadcasting) by China Central Television," China Satcom Group Co., Ltd. announced on June 1, 2026, that it won the bid for the procurement project by China Central Television, with a winning amount of 45.152 million yuan. Related listed company: China Satcom (601698.SH) *Tongbi Finance Tip:* *China Satcom (601698.SH) had an operating revenue of 2.645 billion yuan in 2025, with a revenue growth rate of 4.08%. The net profit attributable to the parent company was 441 million yuan, with a net profit growth rate of -2.92%, and a return on equity of 2.79%.* *In the first quarter of 2026, the company's operating revenue was 542 million yuan, with a revenue growth rate of 0.71%. The net profit attributable to the parent company was 27 million yuan, with a net profit growth rate of -61.90%.* *Currently, the company belongs to the telecommunications service industry, with main product types including communication systems and platforms, and professional consulting services.* ### Related Stocks - [601698.CN](https://longbridge.com/en/quote/601698.CN.md) ## Related News & Research - [Reconova Technologies publishes shareholder letter on electronic corporate communications arrangements (FY2026)](https://longbridge.com/en/news/296596050.md) - [Noble Financial Reaffirms Their Buy Rating on QuoteMedia (QMCI)](https://longbridge.com/en/news/296249622.md) - [ENGINEAI says general-purpose humanoid robot costs have fallen below RMB100,000](https://longbridge.com/en/news/296741129.md) - [12:01 ETNEI Global Relocation Wins Gold Stevie® for Company of the Year in 2026 International Business Awards®](https://longbridge.com/en/news/296515963.md) - [03:00 ETCorinex stellt Grid Intelligence Node vor: präzise Transparenz über den tatsächlichen Netzzustand im Niederspannungsnetz](https://longbridge.com/en/news/296747686.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**