Xu Ji Electric (000400): Won the bid for Chengdu-Lanzhou Railway Co., Ltd. procurement project with a winning bid amount of 42.8917 million yuan.

NightAirdropper · 2026-03-12T20:18:21+00:00

Qichacha data shows that Xuji Electric won the bid for the Chengdu-Lanzhou Railway procurement project in March 2026, with a contract amount of 42.8917 million yuan. In 2024, the company achieved an operating revenue of 17.089 billion yuan and a net profit of 1.117 billion yuan, indicating its steady performance in the electrical equipment industry.

NightAirdropper

2026-03-12 20:18:21

Abstract generation in progress

Tongbi Finance News: According to Qichacha data, based on the announcement of the bid results for the “National Railway Group Management of the Supply Material Batch Procurement Plan for the New Xining to Chengdu Railway Xining to Huangshengguan Section (within Sichuan Province, excluding Liren Tunnel)” (track structure materials, power transmission and transformation equipment), XJ Electric Co., Ltd. announced on March 12, 2026, that it won the procurement project from Chenglan Railway Co., Ltd., with a bid amount of 42.89 million yuan.

Related listed company: XJ Electric (000400.SZ)

Tip from Tongbi Finance:

XJ Electric (000400.SZ) in 2024 reported operating revenue of 17.089 billion yuan, with a growth rate of 0.17%. Net profit attributable to the parent company was 1.117 billion yuan, with a growth rate of 11.09%. Return on equity was 10.08%.

In the first half of 2025, the company’s operating revenue was 6.447 billion yuan, a decrease of 5.68%. Net profit attributable to the parent was 634 million yuan, with a growth rate of 0.96%.

The company currently belongs to the industrial sector, mainly producing substation equipment, low-voltage electrical appliances, electrical instruments and meters, construction and testing equipment. In 2024, the main business composition was: intelligent power distribution systems: 27.57%; smart meters: 22.62%; intelligent medium-voltage power supply and distribution equipment: 19.61%; new energy and system integration: 14.42%; DC transmission systems: 8.45%; charging and swapping equipment and other manufacturing services: 7.33%.

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