Longjing Environmental Protection (600388): Won the bid for the procurement project of Shenzhen Mawan Power Company, with a bid amount of 4.20 million yuan.

According to Tongbi Finance, Qichacha data shows that, based on the “Mawan Power Plant Upgrading and Renovation Coal Power Environmental Protection Replacement Phase I Project Second Batch Auxiliary Machine: Air Power Ash Conveying System Equipment Procurement Results Announcement,” Fujian Longking Environmental Protection Co., Ltd. announced winning the Shenzhen Mawan Power Co., Ltd. procurement project on February 25, 2026, with a bid amount of 4.2 million yuan.

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

Tongbi Finance Tips:

Longking Environmental Protection (600388.SH) reported a revenue of 10.019 billion yuan in 2024, with a year-over-year growth rate of -8.69%. The net profit attributable to the parent company was 830 million yuan, with a growth rate of 63.15%. 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%. Net profit attributable to the parent 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, and 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 protection (equipment) projects: 1.07%; soil remediation: 1.03%; VOCs treatment projects: 0.7%.