According to enterprise data, Beijing Sifang Automation Co.,Ltd. announced on October 10, 2025, that it has won the bidding for a procurement project from Shaanxi Coal Industry Company Limited's Huangling branch, with a contract value of 3.3113 million yuan.
The winning bid was announced in the "Huangling Mining Diantou Power Plant Phase II 2×1000MW Unit Expansion Project Sixth Batch Auxiliary Equipment Procurement Project (Section 15: Relay Protection) Bid Result Announcement."
Related listed company: Beijing Sifang Automation Co.,Ltd. (601126.SH)
Company Performance Overview: Beijing Sifang Automation Co.,Ltd. (601126.SH) recorded operating revenue of 6.951 billion yuan in 2024, representing a growth rate of 20.86%. The company's net profit attributable to shareholders reached 716 million yuan, with a growth rate of 14.09%, and return on equity stood at 16.62%.
For the first half of 2025, the company achieved operating revenue of 4.020 billion yuan, up 15.62% year-over-year, while net profit attributable to shareholders was 476 million yuan, increasing 12.41% year-over-year.
The company operates in the industrial sector, with main product categories including power transformation equipment, transmission equipment, and relay protection and dispatching automation systems. According to the 2024 annual report, the main business composition consists of: Grid Automation 47.61%; Power Plant and Industrial Automation 44.92%; Others 7.29%; and Other Business 0.18%.
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