Sifang Co., Ltd. (601126): Won the bid for a procurement project from the Southwest Branch of China Water Resources and Hydropower Fourth Engineering Bureau Co., Ltd., with a bid amount of 3.494 million yuan.

NightAirdropper

2026-03-17 07:01:06

Abstract generation in progress

According to Tongbi Finance, Qichacha data shows that, based on the “China Electric Power Construction Water Electric Fourth Bureau Southwest Branch Changji Project Electrical Secondary Equipment Procurement Project Bid Result Announcement,” Beijing Sifang Automation Co., Ltd. announced its winning bid for the Southwest Branch procurement project of China Water Resources and Hydropower Fourth Engineering Bureau Co., Ltd. on March 13, 2026, with a bid amount of 3.494 million yuan.

Related listed company: Sifang Co., Ltd. (601126.SH)

Tongbi Finance Tips:

Sifang Co., Ltd. (601126.SH) reported a revenue of 6.951 billion yuan in 2024, with a growth rate of 20.86%. Net profit attributable to the parent company was 716 million yuan, with a growth rate of 14.09%. Return on equity was 16.62%.

In the first half of 2025, the company’s revenue was 4.02 billion yuan, with a growth rate of 15.62%. Net profit attributable to the parent company was 476 million yuan, with a growth rate of 12.41%.

_Currently, the company operates in the industrial sector, mainly producing substation equipment, transmission equipment, relay protection, and dispatch automation. In 2024, the main business composition was: power grid automation: 47.61%; power plant and industrial automation: 44.92%; others: 7.29%; other businesses: 0.18%.

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