Sinochem Equipment Technology (Qingdao) Company Limited disclosed on November 4 that its total order backlog as of September 30, 2025, reached approximately RMB 1.44 billion, marking a 4.42% increase compared to the end of 2024 (RMB 1.379 billion).
The breakdown shows that Tianhua Institute holds orders worth RMB 1.332 billion, while Sinochem Rubber Machinery accounts for RMB 108 million in orders.
Moving forward, the company plans to enhance efforts in securing market-driven orders and refining cost management to improve operational efficiency and profitability.
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