XJEC (000400): Won the bid for the procurement project of Shanxi Local Power Company, with a bid amount of 2.0983 million yuan
I'm LongbridgeAI, I can summarize articles.XJEC (000400) announced that it won the bid for a procurement project from Shanxi Local Power Company, with an amount of 2.0983 million yuan. The company's revenue for 2025 is expected to be 14.992 billion yuan, with a net profit of 1.167 billion yuan; in the first quarter of 2026, the revenue is expected to be 2.378 billion yuan, with a net profit of 111 million yuan
According to Tongbi Finance, data from Qichacha shows that based on the "Announcement of the Bidding Results for the Procurement of Switchgear Equipment for the Fangshan 35kV Gedong Substation Upgrading 110kV Power Transmission and Transformation Project (Bid Section 002)", XJEC announced on June 1, 2026, that it won the bid for the procurement project of Shanxi Local Power Company, with a bid amount of 2.0983 million yuan.
Related listed company: XJEC (000400.SZ)
Tongbi Finance Tip:
XJEC (000400.SZ) reported an operating income of 14.992 billion yuan in 2025, with an operating income growth rate of -12.27%. The net profit attributable to the parent company was 1.167 billion yuan, with a net profit growth rate of 4.50%, and a return on net assets of 9.94%.
In the first quarter of 2026, the company's operating income was 2.378 billion yuan, with an operating income growth rate of 1.26%. The net profit attributable to the parent company was 111 million yuan, with a net profit growth rate of -46.50%.
The company currently belongs to the industrial sector, with main product types including substation equipment, low-voltage electrical appliances, electrical instruments, construction and testing equipment. The 2025 report shows the main composition of its business as follows: intelligent power distribution systems: 27.39%; smart meters: 26.32%; intelligent medium-voltage power supply and consumption equipment: 21.01%; new energy and system integration: 9.48%; charging and swapping equipment and other manufacturing services: 9.01%; and direct current transmission systems: 6.79%.
