Longking Environmental Protection (600388): Won the bid for the procurement project of Guangxi Liugang Zhongjin Stainless Steel Co., Ltd., with a bid amount of 12.68 million yuan.

2026-04-04 04:00:12

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Tongbi Finance News: According to Qichacha data, based on the 《China Merchants Securities No. 2 Sintering Ultra-Low Emissions Retrofit Project Head Dust Collection System Retrofit Engineering Bid Announcement》, on April 2, 2026, Fujian Longking Environmental Protection Co., Ltd. announced that it had won the bid for the procurement project of Guangxi Liugang China Merchants Securities Stainless Steel Co., Ltd.; the winning bid amount was 12.68 million yuan.

Relevant listed company: Longking Environmental Protection (600388.SH)

Tongbi Finance Tips:

Longking Environmental Protection (600388.SH) reported operating revenue of 10.019 billion yuan in 2024, with an operating revenue growth rate of -8.69%. Net profit attributable to the parent company was 830 million yuan, with a net profit attributable to the parent company growth rate of 63.15%. Return on net assets was 10.13%.

_In the first half of 2025, the company’s operating revenue was 4.683 billion yuan, with an operating revenue growth rate of 0.24%. Net profit attributable to the parent company was 445 million yuan, with a net profit attributable to the parent company growth rate of 3.27%. _

At present, the company operates in the industrial sector. Its main product categories include electronic components, industrial control machinery, hydropower, property leasing and management, and flue gas desulfurization systems. In the 2024 annual report, the main business composition is as follows: dust collectors and supporting equipment: 49.57%; desulfurization and denitrification engineering projects: 30.47%; energy storage business: 3.09%; other businesses: 2.58%; municipal solid waste incineration revenue: 2.5%; water treatment environmental protection equipment: 2.34%; sales of environmental protection equipment transportation, services, scrap, and other by-products: 2.28%; hazardous waste disposal revenue: 1.72%; denitrification catalysts: 1.44%; power generation business: 1.2%; water treatment environmental protection (equipment) projects: 1.07%; soil remediation: 1.03%; VOCs treatment projects: 0.7%.

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