Xinjiang Joinworld Secures Procurement Project from Qinghai Provincial Investment Group with Winning Bid of 21.1693 Million Yuan

Deep News03-16

Data from Qichacha reveals that, according to the public announcement of the bidding results for Qinghai Provincial Investment Group Co., Ltd.'s 2026 Fourth Batch Centralized Tender (04-14 Qinghai Qingtou Aluminum & Electric Technology Engineering Co., Ltd. Electrolytic Cell Overhaul Service Project), Xinjiang Joinworld Co.,Ltd. announced on March 16, 2026, that it had won the procurement project from Qinghai Provincial Investment Group Co., Ltd. The winning bid amount is 21.1693 million yuan.

Relevant listed company: Xinjiang Joinworld (600888.SH). In 2024, Xinjiang Joinworld (600888.SH) reported operating revenue of 7.321 billion yuan, representing an operating revenue growth rate of 12.03%. Net profit attributable to the parent company was 1.203 billion yuan, with a growth rate of -22.94%. The Return on Equity (ROE) stood at 11.75%. For the first half of 2025, the company's operating revenue was 4.003 billion yuan, showing a growth rate of 10.95%. Net profit attributable to the parent company was 391 million yuan, with a growth rate of -38.48%.

Currently, the company operates in the materials industry. Its primary product types are electrolytic aluminum and aluminum processed materials. According to its 2024 annual report, the main business composition was as follows: alloy products: 38.43%; electrode foil: 19.3%; high-purity aluminum: 13.86%; other businesses: 10.42%; electronic aluminum foil: 9.37%; aluminum products: 8.62%.

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