Jinpan Smart Technology (688676): Won the bid for the procurement project of Datang Shaanxi Power Generation Baoji Chencang New Energy Co., Ltd., with a bid amount of 3.1542 million yuan
I'm LongbridgeAI, I can summarize articles.Jinpan Smart Technology announced that it won the bid for the procurement project of Datang Shaanxi Power Generation Baoji Chencang New Energy Co., Ltd., with a bid amount of 3.1542 million yuan. The company mainly engages in substation equipment, with a revenue of 7.295 billion yuan in 2025 and a net profit of 660 million yuan; in the first quarter of 2026, the revenue was 1.523 billion yuan, and the net profit was 112 million yuan
According to Tongbi Finance, data from Qichacha shows that based on the "Announcement of the Bidding Results for the Procurement of Dry-type Transformers and High-voltage Switchgear for the 50,000 kW Wind Power Project of Datang Chencang in Shaanxi," Hainan Jinpan Intelligent Technology Co., Ltd. announced on June 5, 2026, that it won the procurement project of Datang Shaanxi Power Baoji Chencang New Energy Co., Ltd., with a winning bid amount of 3.1542 million yuan.
Related listed company: Jinpan Technology (688676.SH)
Tongbi Finance Tip:
Jinpan Technology (688676.SH) had an operating income of 7.295 billion yuan in 2025, with an operating income growth rate of 5.71%. The net profit attributable to the parent company was 660 million yuan, with a net profit growth rate of 14.82%, and a return on equity of 14.05%.
In the first quarter of 2026, the company's operating income was 1.523 billion yuan, with an operating income growth rate of 13.41%. The net profit attributable to the parent company was 112 million yuan, with a net profit growth rate of 4.83%.
Currently, the company belongs to the industrial sector, with the main product type being substation equipment. The 2025 report shows the main composition of its business as follows: power transmission and distribution equipment: 85.99%; energy storage series: 8.51%; others: 3.95%; digital overall solutions: 1.54%.
