HUATONG WIRES & CABLES GROUP (605196): Won the procurement project of China 22nd Metallurgical Group Co., Ltd., with a bid amount of 2.414 million yuan
I'm LongbridgeAI, I can summarize articles.HUATONG WIRES & CABLES GROUP announced that it won the bid for a procurement project from China 22nd Metallurgical Group Co., Ltd., with a bid amount of 2.414 million yuan. The company's revenue for 2025 is expected to be 7.53 billion yuan, with revenue of 2.133 billion yuan in the first quarter of 2026 and a net profit of 65 million yuan
According to Tongbi Finance, data from Qichacha shows that, based on the procurement result announcement No. 0003 for the cable inquiry of the Baida Fortress River-2 project by the 22nd Metallurgical Group, Hebei Huadong Wires & Cables Group Co., Ltd. announced on June 1, 2026, that it won the bid for the procurement project of China 22nd Metallurgical Group Co., Ltd., with a winning amount of 2.414 million yuan.
Related listed company: Huadong Wires & Cables (605196.SH)
Tongbi Finance Tips:
Huadong Wires & Cables (605196.SH) had an operating income of 7.53 billion yuan in 2025, with a revenue growth rate of 18.64%. The net profit attributable to the parent company was 286 million yuan, with a net profit growth rate of -10.53%, and a return on equity of 8.75%.
In the first quarter of 2026, the company's operating income was 2.133 billion yuan, with a revenue growth rate of 38.85%. The net profit attributable to the parent company was 65 million yuan, with a net profit growth rate of 54.76%.
Currently, the company belongs to the industrial sector, with the main product types being specialized equipment and components. The 2025 report shows that the main business composition is wires and cables and others: 87.77%; continuous pipes and operating devices: 9.32%; other businesses: 2.91%.
