Henan Splendor Science&Technology Co.,Ltd. (002296) Wins Bid for Guangzhou Railway Group Project Worth 88.06 Million Yuan

Deep News11-05

Henan Splendor Science&Technology Co.,Ltd. (002296.SZ) announced on November 5, 2025, that it has secured a procurement project from the Engineering Management Department of China Railway Guangzhou Group Co., Ltd. under the tender "[JG2025-4582] Construction Projects for Earthquake Early Warning Monitoring Systems on Xiamen-Shenzhen Railway, Meizhou-Shantou Passenger Dedicated Line, and Shenzhen-Zhanjiang Railway (WZ-01 Earthquake Warning Monitoring System WZ-2025-37)." The winning bid amounts to 88.06 million yuan.

Key financial highlights of the company include: - **2024 Performance**: Revenue reached 1.27 billion yuan, up 71.84% year-on-year, with net profit attributable to shareholders at 275 million yuan, a 66.99% increase. Return on equity (ROE) stood at 12.68%. - **H1 2025 Performance**: Revenue totaled 404 million yuan, growing 21.34% year-on-year, while net profit attributable to shareholders rose 19.50% to 135 million yuan.

Henan Splendor Science&Technology operates in the information technology sector, specializing in low-voltage electrical equipment, electrical instruments, electronic testing and measurement devices, communication systems, and operational platforms. Its 2024 revenue breakdown was: - Monitoring Product Line: 85.33% - Signal Infrastructure Product Line: 7.05% - Operational Management Product Line: 2.97% - Other Businesses: 2.44% - Integrated Maintenance Informatization & Equipment: 2.21%.

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