Weixing New Materials (002372): Won the bid for the procurement project of Jin Heng Trading Co., Ltd. in Linhai City, with a bid amount of 4.6672 million yuan.

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Tongbi Finance News: According to the data from Qichacha, based on the “2026 Annual Tender Result Announcement for Water Pipes and Other Procurement (Re-tender) of Jin Heng Trading Co., Ltd. in Linhai City,” Zhejiang Weixing New Building Materials Co., Ltd. announced winning the bid for the procurement project of Jin Heng Trading Co., Ltd. in Linhai City on March 10, 2026, with a bid amount of 4.6672 million yuan.

Related listed company: Weixing New Materials (002372.SZ)

Tongbi Finance Tips:

Weixing New Materials (002372.SZ) reported a revenue of 6.267 billion yuan in 2024, with a revenue growth rate of -1.75%. The net profit attributable to the parent company was 953 million yuan, with a net profit growth rate of -33.49%. The return on equity was 18.11%.

In the first half of 2025, the company’s revenue was 2.078 billion yuan, with a growth rate of -11.33%. The net profit attributable to the parent was 271 million yuan, with a growth rate of -20.25%.

The company currently belongs to the industrial sector, mainly producing high-polymer polymers, cleaning tools, and decoration engineering. In 2024, the main product composition was: PPR pipes and fittings: 46.9%; PE pipes and fittings: 22.71%; other products: 16.48%; PVC pipes and fittings: 13.2%; other businesses: 0.71%.

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