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Longjing Environmental Protection (600388): Successfully bid for the procurement project of Huadian Zibo Thermal Power Co., Ltd., with a bid amount of 2.9719 million yuan.
Tongbi Finance News: According to Qichacha data, based on the public announcement of the bid results for the project “Reliability Improvement and Renovation of Electrostatic Precipitators for Units 1 and 2 at Huadian Zibo Thermal Power Co., Ltd.” under the batch of the China Huadian Group Co., Ltd. Shandong Branch related project, Fujian Longking Environmental Protection Co., Ltd. announced on March 24, 2026, that it won the procurement project of Huadian Zibo Thermal Power Co., Ltd., with a bid amount of 2.9719 million yuan.
Related listed company: Longking Environmental Protection (600388.SH)
Quick Tips from Tongbi Finance:
Longking Environmental Protection (600388.SH) reported a revenue of 10.019 billion yuan in 2024, with a revenue growth rate of -8.69%. The net profit attributable to the parent company was 830 million yuan, with a growth rate of 63.15%. The return on equity was 10.13%.
In the first half of 2025, the company’s revenue was 4.683 billion yuan, with a growth rate of 0.24%. The net profit attributable to the parent company was 445 million yuan, with a growth rate of 3.27%.
The company currently operates in the industrial sector, mainly producing electronic components, industrial control machinery, hydropower, property leasing and management, flue gas desulfurization systems. In 2024, the main business composition was: dust collectors and supporting equipment: 49.57%; desulfurization and denitrification engineering projects: 30.47%; energy storage business: 3.09%; other businesses: 2.58%; waste incineration revenue: 2.5%; water treatment environmental protection equipment: 2.34%; environmental protection equipment transportation, services, and scrap sales: 2.28%; hazardous waste disposal revenue: 1.72%; denitrification catalysts: 1.44%; power generation business: 1.2%; water treatment environmental projects: 1.07%; soil remediation: 1.03%; VOCs treatment projects: 0.7%.