Swan Cotton Machinery (603029): Won the bid for the procurement project of Xinjiang Haoxing Cotton and Hemp Co., Ltd., with a bid amount of 1.65 million yuan
I'm LongbridgeAI, I can summarize articles.Swan Cotton Machinery announced that it won the procurement project of Xinjiang Haoxing Cotton and Hemp Co., Ltd., with a bid amount of 1.65 million yuan. The company mainly engages in harvesting machinery and cotton machine equipment, with a revenue of 959 million yuan in 2025, a year-on-year increase of 24.26%; and a revenue of 175 million yuan in the first quarter of 2026, a year-on-year increase of 42.70%
According to Tongbi Finance, data from Qichacha shows that based on the "Bid Announcement for the Cotton Ginning Equipment Technical Transformation Project Section Four of Xinjiang Haoxing Cotton and Hemp Co., Ltd. 2026," Shandong Swan Cotton Machinery Co., Ltd. announced on June 5, 2026, that it won the bid for the procurement project of Xinjiang Haoxing Cotton and Hemp Co., Ltd., with a bid amount of 1.65 million yuan.
Related listed company: Swan Cotton Machinery (603029.SH)
Tongbi Finance Tip:
Swan Cotton Machinery (603029.SH) had an operating income of 959 million yuan in 2025, with a growth rate of 24.26%. The net profit attributable to the parent company was 75 million yuan, with a growth rate of 7.66%, and the return on net assets was 8.11%.
In the first quarter of 2026, the company's operating income was 175 million yuan, with a growth rate of 42.70%. The net profit attributable to the parent company was 7 million yuan, with a 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 composition of revenue as follows: harvesting machinery: 65.86%; cotton machine equipment: 26.19%; other businesses: 4.56%; agricultural services: 2.79%; agricultural machinery equipment: 0.6%.