COSCO Shipping Heavy Transport (600428): Won the bid for the procurement project of the Power Grid Engineering Company of China Energy Construction Group Guangdong Electric Power Design & Research Institute Co., Ltd., with a bid amount of 18.8139 million yuan.

NightAirdropper · 2026-03-17T06:25:51+00:00

COSCO Shipping Special Transportation Co., Ltd. won the bid for an EPC project valued at 16.8139 million yuan, mainly providing logistics services for photovoltaic and energy storage cabinets. The company achieved increases in both operating revenue and net profit in 2024 and the first half of 2025, demonstrating a strong performance trend.

NightAirdropper

2026-03-17 06:25:51

Abstract generation in progress

Tongbi Finance News, according to Qichacha data, based on the “Philippines Terra Phase II 1.05GWp Photovoltaic + 1.2GWh Energy Storage EPC Project Energy Storage Cabinet (Hazardous Materials) Logistics and Transportation Services,” COSCO Shipping Special Transportation Co., Ltd. announced on March 13, 2026, that it won the procurement project from China Energy Construction Group Guangdong Electric Power Design Institute Co., Ltd./Power Grid Engineering Company, with a bid amount of 18.8139 million yuan.

Related listed company: COSCO SHIPPING Special Transportation (600428.SH)

Tongbi Finance Tips:

COSCO SHIPPING Special Transportation (600428.SH) in 2024 reported operating revenue of 16.78 billion yuan, with a growth rate of 37.57%. Net profit attributable to the parent company was 1.531 billion yuan, with a growth rate of 43.82%. Return on equity was 12.74%.

In the first half of 2025, the company’s operating revenue was 10.775 billion yuan, with a growth rate of 44.05%. Net profit attributable to the parent company was 825 million yuan, with a growth rate of 13.08%.

_Currently, the company belongs to the industrial sector, mainly engaged in bulk cargo shipping and special cargo shipping. In 2024, the main composition of its business was: pulp ships 26.27%; multipurpose ships 21.54%; semi-submersible ships 15.71%; heavy lift ships 13.3%; other businesses 8.51%; car ships 8.36%; timber ships 3.44%; asphalt ships 2.87%.

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