SIFANG (601126): Won the bid for the procurement project of Changchun Second Thermal Power Branch of Datang Jilin Power Generation Co., Ltd., with a bid amount of 1.3151 million yuan
I'm LongbridgeAI, I can summarize articles.SIFANG announced that it won the bid for the procurement project of Changchun Second Thermal Power Branch of Datang Jilin Power Generation Co., Ltd., with a bid amount of 1.3151 million yuan. The company's revenue in 2025 is expected to be 8.193 billion yuan, with a net profit of 829 million yuan; in the first quarter of 2026, the revenue is expected to be 2.158 billion yuan, with a net profit of 271 million yuan. The company mainly engages in substation, transmission, and relay protection equipment
According to Tongbi Finance, data from Qichacha shows that based on the announcement of the bidding results for the "Jilin Company Datang Changchun No. 2 Heat Exit City to Suburb 2x660MW Coal Power Project Network Monitoring System (NCS) and Synchronous Clock Equipment," Beijing Sifang Automation Co., Ltd. announced on June 8, 2026, that it won the bid for the procurement project of Datang Jilin Power Generation Co., Ltd. Changchun No. 2 Thermal Power Branch, with a bid amount of 1.3151 million yuan.
Related listed company: Sifang Co., Ltd. (601126.SH)
Tongbi Finance Tip:
Sifang Co., Ltd. (601126.SH) had an operating income of 8.193 billion yuan in 2025, with a revenue growth rate of 17.87%. The net profit attributable to the parent company was 829 million yuan, with a net profit growth rate of 15.84%, and a return on equity of 17.75%.
In the first quarter of 2026, the company's operating income was 2.158 billion yuan, with a revenue growth rate of 18.05%. The net profit attributable to the parent company was 271 million yuan, with a net profit growth rate of 12.08%.
The company currently belongs to the industrial sector, with main product types including substation equipment, transmission equipment, relay protection, and dispatch automation. In the 2025 report, the main business composition was: power plant and industrial automation: 46.7%; grid automation: 44.9%; others: 8.24%; other businesses: 0.15%.