---
title: "HuangLan Co., Ltd. (002498): Won the bid for the procurement project of Yangquan Coal Industry Group Material Distribution Co., Ltd., with a bid amount of 1.0621 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289039601.md"
description: "Hlgf announced that it won the bid for the procurement project of Yangquan Coal Industry Group Material Distribution Co., Ltd., with a bid amount of 1.0621 million yuan. The company mainly engages in products such as power cables, with revenue of 10.407 billion yuan in 2025, revenue of 2.552 billion yuan in the first quarter of 2026, and a net profit of 160 million yuan"
datetime: "2026-06-08T10:25:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289039601.md)
  - [en](https://longbridge.com/en/news/289039601.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289039601.md)
generator: "portal-rs"
---

# HuangLan Co., Ltd. (002498): Won the bid for the procurement project of Yangquan Coal Industry Group Material Distribution Co., Ltd., with a bid amount of 1.0621 million yuan

According to Tongbi Finance, data from Qichacha shows that based on the "Announcement of the Results of the First Batch of Inquiry and Procurement for Metal Shielded Rubber Cables for Coal Mining Machines by Yangquan Coal Industry Group Material Distribution Co., Ltd.", Qingdao Huan Cable Co., Ltd. announced on June 8, 2026, that it won the bid for the procurement project of Yangquan Coal Industry Group Material Distribution Co., Ltd., with a bid amount of 1.0621 million yuan.

Related listed company: Huan Cable (002498.SZ)

*Tongbi Finance Tip:*

*Huan Cable (002498.SZ) reported an operating income of 10.407 billion yuan in 2025, with a growth rate of 12.39%. The net profit attributable to the parent company was 553 million yuan, with a net profit growth rate of -15.52%, and a return on equity of 6.51%.*

*In the first quarter of 2026, the company's operating income was 2.552 billion yuan, with a growth rate of 39.37%. The net profit attributable to the parent company was 160 million yuan, with a net profit growth rate of 12.17%.*

*Currently, the company belongs to the industrial sector, with main product types including construction and testing equipment, power transmission equipment, and communication cables. The 2025 report shows the main composition of revenue as follows: power cables: 66.89%; bare wires: 16.1%; electrical equipment wires and cables: 5.47%; others: 3.35%; special cables: 3.34%; raw materials and scraps: 2.08%; communication cables and optical cables: 1.93%; installation and testing services: 0.84%.*

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