Tungkong Inc. Secures Bank of China Procurement Contract Valued at RMB 3.4582 Million

Deep News06-25

According to corporate data, Tungkong Inc. (SHE: 002117) has been announced as the successful bidder for a procurement project from Bank of China. The award, based on the "Announcement of Bidding Results for the 2026 Credit Card Printing Materials and Statement Printing Processing Project (Second Batch) of Bank of China Limited", was disclosed on June 25, 2026, with a contract value of RMB 3.4582 million.

Company Performance Overview

For the full year 2025, Tungkong Inc. reported operating revenue of RMB 1.186 billion, representing a growth rate of 0.68%. Net profit attributable to the parent company was RMB 144 million, which marked a decrease of 8.65% year-on-year. The company's return on equity stood at 10.26%.

In the first quarter of 2026, the company's operating revenue was RMB 259 million, a decline of 6.40%. However, net profit attributable to the parent company for the quarter was RMB 50 million, showing a significant increase of 15.55%.

Business Profile

The company operates within the industrial sector, with its primary products being printed materials and printing equipment. According to its 2025 annual report, the revenue breakdown by product category is as follows: printed products accounted for 55.09%, composite products for 26.45%, technical services for 16.67%, and other business for 1.80%.

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