Hikvision Secures 1.24 Million Yuan Contract from China Post Group's Jiangsu Branch

Deep News04-10 14:31

Hangzhou Hikvision Digital Technology Co.,Ltd. has been announced as the winning bidder for a procurement project from China Post Group's Jiangsu Branch, with a contract value of 1.242 million yuan. The award was disclosed on April 10, 2026, according to the pre-procurement announcement for the provincial video surveillance equipment framework procurement project.

Relevant listed company: Hangzhou Hikvision Digital Technology Co.,Ltd. (002415.SZ) reported 2024 revenue of 92.496 billion yuan, representing a revenue growth rate of 3.53%. Net profit attributable to parent company was 11.977 billion yuan, declining by 15.10% year-over-year, with a return on equity of 15.34%. For the first half of 2025, the company achieved revenue of 41.818 billion yuan, growing 1.48% year-over-year, while net profit attributable to parent company reached 5.657 billion yuan, increasing 11.71% compared to the same period last year.

The company operates in the information technology sector, with primary product categories including semiconductor discrete devices, storage equipment, electronic testing and measurement instruments, servers and workstations, optical equipment, and intelligent commercial equipment. According to its 2024 annual report, revenue breakdown was as follows: products and services accounted for 73.48%; robotics business contributed 6.41%; smart home business represented 5.61%; thermal imaging business made up 4.53%; automotive electronics accounted for 4.24%; storage business contributed 2.50%; engineering construction represented 2.21%; and other innovative businesses accounted for 1.02%.

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