Shanghai Electric (601727): Won the bid for the procurement project of China Coal Huajin Group Co., Ltd. Jincheng Thermal Power Branch, with a bid amount of 108 million yuan.

NightAirdropper · 2026-02-28T17:38:57+00:00

Shanghai Electric Group wins the bid for the turbine retrofit project of China Coal Huajin Group Jincheng Thermal Power Branch, with a contract value of 108 million yuan. In 2024, the company's revenue is projected to be 116.186 billion yuan, with a net profit of 752 million yuan. Its main products include a variety of machinery and equipment.

NightAirdropper

2026-02-28 17:38:57

Abstract generation in progress

According to Tongbi Finance, Qichacha data shows that based on the “EPC General Contracting Announcement for the Turbine Flow Conversion Project of China Coal Huajin Group Co., Ltd. Jinzhong Thermal Power Branch #1、#2 Unit,” Shanghai Electric Group Co., Ltd. announced winning the procurement project of China Coal Huajin Group Co., Ltd. Jinzhong Thermal Power Branch on February 28, 2026, with a bid amount of 108 million yuan.

Related listed company: Shanghai Electric (601727.SH)

Tongbi Finance Tips:

Shanghai Electric (601727.SH) reported a revenue of 116.186 billion yuan in 2024, with a growth rate of 1.21%. Net profit attributable to the parent company was 752 million yuan, with a decline of 6.33%. Return on equity was 1.42%.

In the first half of 2025, the company’s revenue was 54.303 billion yuan, with an 8.89% increase. Net profit attributable to the parent was 821 million yuan, up 7.32%.

_Currently, the company operates in the industrial sector, mainly producing semiconductor solar photovoltaic products, packaging machinery, ships (parts) and maintenance, low-voltage electrical appliances, power machinery, generators and auxiliary equipment, industrial control machinery, boilers and auxiliary equipment, environmental protection machinery, relay protection and dispatch automation, monitoring equipment and systems, gas (water, fuel) turbines and auxiliary equipment, light construction machinery, flue gas desulfurization systems, heavy construction machinery, heavy trucks and special vehicles, specialized equipment and parts. In 2024, the main business composition was: selling goods 76.75%; providing services 9.94%; engineering construction 7.5%; other businesses 5.81%.

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