Yantai Longyuan Power Technology Secures 3.71 Million Yuan Contract from Guoneng Huangjinbu Power Generation

Deep News04-03 19:51

Yantai Longyuan Power Technology Co.,Ltd. has been awarded a procurement project by Guoneng Huangjinbu Power Generation Co., Ltd., with a contract value of 3.7126 million yuan. The award was announced on April 3, 2026, following the public tender results for the #2 furnace A and C layer plasma displacement and air distribution optimization renovation project at Jiangxi Company's Huangjinbu facility.

Relevant listed company: Yantai Longyuan Power Technology Co.,Ltd. (300105.SZ)

Company Profile: For the full year 2024, Yantai Longyuan Power Technology reported revenue of 1.277 billion yuan, representing a growth rate of 13.06%. Net profit attributable to parent company shareholders was 65 million yuan, a decrease of 53.77% year-over-year. The return on equity was 3.38%.

In the first half of 2025, the company's revenue was 362 million yuan, with a growth rate of 1.48%. Net profit attributable to parent company shareholders was 28 million yuan, showing a significant increase of 135.60%.

The company operates in the industrial sector and primarily produces power transformation equipment. According to its 2024 annual report, its business composition is as follows: comprehensive energy-saving renovation business: 63.49%; fuel-saving business: 17.82%; low-nitrogen combustion products: 6.99%; ammonia-blending business: 4.31%; other energy-saving products: 2.3%; biomass business: 1.63%; intelligent software: 1.60%; clean heating business: 1.37%; distributed photovoltaic projects: 0.49%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment