Shandong Zhangqiu Blower Secures 1.265 Million Yuan Contract from Gejiu Shengyun Nonferrous Metals

Deep News08-31

According to corporate data from Qichacha, Shandong Zhangqiu Blower Co., Ltd. (ST章鼓, 002598.SZ) has been officially announced as the winning bidder for the "Equipment Procurement Project (Batch 8)" of Gejiu Shengyun Nonferrous Metals Co., Ltd., with the contract value set at 1.265 million yuan. The announcement was made on August 31, 2026, based on the published transaction result notice.

As a quick reference for investors, ST章鼓 reported full-year 2025 revenue of 1.939 billion yuan, reflecting a year-on-year decline of 7.09%. Net profit attributable to parent company shareholders stood at 63 million yuan, down 19.46% from the previous year, while the return on net assets was recorded at 5.17%. For the first quarter of 2026, the company posted revenue of 413 million yuan, a decrease of 12.21% compared to the same period last year, with attributable net profit of 17 million yuan, marking a 17.45% year-on-year drop.

Operating within the industrial sector, the company's primary product categories include power transformation equipment, power machinery, engine systems, heavy construction machinery, and specialized equipment and components. Based on the 2025 annual report, the revenue breakdown by product line is as follows: fans account for 53.26%, slurry pumps 21.6%, water treatment solutions 20.5%, electrical equipment 2.48%, other products 2.05%, and pneumatic conveying systems 0.11%.

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