Longking Environmental Protection (600388): Awarded the Guangdong Datang International Leizhou Power Generation Co., Ltd. procurement project, with a winning bid of 14.99 million yuan.

Tongbi Finance News. According to Qichacha data, based on the “【(Guangdong Branch Company) Zhanjiang Power Plant Unit 2 Deep Cooling System Heat Transfer Surface Optimization Retrofit (EP)】 Bid Result Announcement,” Fujian Longjing Environmental Protection Co., Ltd. announced on April 7, 2026 that it won a procurement project from Guangdong Datang International Zhanjiang Electric Power Co., Ltd. The winning bid amount is RMB 14.99 million.

Related listed company: Longjing Environmental Protection (600388.SH)

_ Tongbi Finance Tips: _

_ In 2024, Longjing Environmental Protection (600388.SH) recorded operating revenue of RMB 10.02B, with an operating revenue growth rate of -8.69%. Net profit attributable to the parent company was RMB 830 million, with a net profit attributable to the parent company growth rate of 63.15%. Return on net assets was 10.13%. _

_ In the first half of 2025, the company’s operating revenue was RMB 4.68B, with an operating revenue growth rate of 0.24%. Net profit attributable to the parent company was RMB 445 million, with a net profit attributable to the parent company growth rate of 3.27%. _

_ The company currently operates in the industrial sector. Its main product types include electronic components, industrial control machinery, hydropower, property leasing and management, flue gas desulfurization systems, and others. In its 2024 annual report, the main revenue composition was: dust collectors and supporting equipment: 49.57%; desulfurization and denitrification engineering projects: 30.47%; energy storage business: 3.09%; other business: 2.58%; municipal waste incineration revenue: 2.5%; water treatment environmental protection equipment: 2.34%; sales of environmental protection equipment transportation, services, scrap and other by-products, etc.: 2.28%; hazardous waste disposal revenue: 1.72%; denitrification catalysts: 1.44%; power generation business: 1.2%; water treatment environmental protection (equipment) projects: 1.07%; soil remediation: 1.03%; VOCs treatment projects: 0.7%. _

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