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Shidai Electric (688187): Awarded the procurement project by China Railway Wuhan Bureau Group Co., Ltd. Xiangyang Locomotive Depot, with a winning bid of 4.241 million yuan.
Tongbi Finance news, Qichacha data shows that according to the “Bid Announcement for the Outsourcing Project of the CMD System Maintenance (Repair Technical Services) for the Wuhan Bureau Group Company in 2026,” Zhuzhou CRRC Times Electric Co., Ltd. announced on March 27, 2026, that it won the procurement project of the Xiangyang Locomotive Depot of China Railway Wuhan Bureau Group Co., Ltd., with a bid amount of 4.241 million yuan.
Related listed company: Times Electric (688187.SH)
Tongbi Finance Tips:
Times Electric (688187.SH) reported operating revenue of 24.909 billion yuan in 2024, with a revenue growth rate of 13.42%. The net profit attributable to the parent company was 3.703 billion yuan, with a growth rate of 21.77%. The return on equity was 9.31%.
In the first half of 2025, the company’s operating revenue was 12.214 billion yuan, with a revenue growth rate of 17.95%. The net profit attributable to the parent company was 1.672 billion yuan, with a growth rate of 12.93%.
The company currently belongs to the industrial sector, with the main product types being specialized equipment and components. The 2024 annual report shows the main composition of the business as rail transit equipment: 58.76%; emerging equipment: 40.61%; other businesses: 0.63%.