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Xinxing Ductile Iron Pipes (000778): Won the bid for the procurement project of Zhuhai Water Supply Co., Ltd., with a bid amount of 10.7544 million yuan
According to Tongbi Finance, Qichacha data shows that, based on the “Zhuhai City 2026-2028 Annual Procurement Project for Water Supply and Drainage Ductile Iron Pipes,” Xinxing Ductile Iron Pipes Co., Ltd. announced winning the bid for the Zhuhai Water Supply Co., Ltd. procurement project on March 6, 2026, with a bid amount of 10.7544 million yuan.
Related listed company: Xinxing Ductile Iron Pipes (000778.SZ)
Tongbi Finance Tips:
Xinxing Ductile Iron Pipes (000778.SZ) reported a revenue of 36.194 billion yuan in 2024, with a revenue growth rate of -16.32%. The net profit attributable to the parent company was 167 million yuan, with a net profit growth rate of -87.60%. The return on equity was 0.66%.
In the first half of 2025, the company’s revenue was 17.728 billion yuan, with a growth rate of -5.36%. The net profit attributable to the parent was 40.4 million yuan, with a growth rate of -5.58%.
The company currently belongs to the materials industry, mainly producing steel plates, steel pipes, and section steels. In 2024, the main product composition was ductile pipes: 30.53%; common steel: 27.96%; special steel: 24.82%; other products: 16.69%.