TBEA Co., Ltd. (600089): Won a bid for a procurement project from the Power Co., Ltd. of the Fourth Division of the Xinjiang Production and Construction Corps, with a bid amount of 3.0458 million yuan.

According to Tongbi Finance, Qichacha data shows that, based on the “Notice of Winning Bid Results for the Power Supply Facility Renovation Project of the 63rd Regiment of the Fourth Division,” TBEA Co., Ltd. announced on March 16, 2026, that it won the procurement project of Xinjiang Production and Construction Corps Fourth Division Electric Power Co., Ltd., with a bid amount of 3.0458 million yuan.

Related listed company: TBEA Co., Ltd. (600089.SH)

Tongbi Finance Tips:

TBEA Co., Ltd. (600089.SH) reported a revenue of 97.867 billion yuan in 2024, with a year-over-year growth rate of -0.35%. Net profit attributable to the parent company was 4.135 billion yuan, with a decline of 61.37%. Return on equity was 6.44%.

In the first half of 2025, the company’s revenue was 48.401 billion yuan, with a growth rate of 1.12%. Net profit attributable to the parent was 3.184 billion yuan, with a growth rate of 5.00%.

_The company currently belongs to the industrial sector. Its main products include substation equipment, specialized equipment and parts. In 2024, the main composition of its business was transformers: 22.85%; coal: 19.68%; new energy products and integrated projects: 18.94%; wires and cables: 16.03%; power generation business: 5.73%; aluminum electronic new materials, aluminum and alloy products: 5.73%; substation engineering: 5.04%; others: 2.19%; other businesses: 1.91%; gold: 1.22%; trade: 0.68%.