---
title: "XINXING PIPES (000778): Won the bid for the procurement project of the Zuojiang Drought Management Center in Chongzuo City, with a bid amount of 320 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289039641.md"
description: "XINXING PIPES (000778) announced that it won the bid for the procurement project of the Zuojiang Drought Management Center in Chongzuo City, with a bid amount of 320 million yuan. The company's revenue for 2025 is expected to be 37.022 billion yuan, with a net profit of 947 million yuan; in the first quarter of 2026, the revenue is expected to be 9.876 billion yuan, with a net profit of 197 million yuan"
datetime: "2026-06-08T10:25:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289039641.md)
  - [en](https://longbridge.com/en/news/289039641.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289039641.md)
generator: "portal-rs"
---

# XINXING PIPES (000778): Won the bid for the procurement project of the Zuojiang Drought Management Center in Chongzuo City, with a bid amount of 320 million yuan

According to Tongbi Finance, data from Qichacha shows that based on the "Announcement of the Bidding Results for the Procurement of Ductile Iron Pipes and Fittings for the Modernization Irrigation Project of the Left River in Guangxi," XINXING PIPES Co., Ltd. announced on June 8, 2026, that it won the bid for the procurement project of the Chongzuo City Left River Drought Management Center, with a bid amount of 320 million yuan.

Related listed company: XINXING PIPES (000778.SZ)

*Tongbi Finance Tip:*

*XINXING PIPES (000778.SZ) had an operating income of 37.022 billion yuan in 2025, with an operating income growth rate of 2.29%. The net profit attributable to the parent company was 949 million yuan, with a net profit growth rate of 465.67%, and a return on equity of 3.66%.*

*In the first quarter of 2026, the company's operating income was 9.876 billion yuan, with an operating income growth rate of 17.93%. The net profit attributable to the parent company was 197 million yuan, with a net profit growth rate of 43.94%.*

*Currently, the company belongs to the materials industry, with main product types including steel plates, steel pipes, and section steel. The main business composition in the 2025 report was: cast pipes and cast fittings: 34.15%; special steel: 28.18%; ordinary steel: 24.21%; other income: 13.47%.*

### Related Stocks

- [000778.CN](https://longbridge.com/en/quote/000778.CN.md)

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