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%.
Comments