Sungrow Power Supply (300274) Wins Anhui Conch Cement Procurement Project Worth RMB 13 Million

Deep News

2025/11/03

According to public data, Sungrow Power Supply Co., Ltd. (300274.SZ) announced on November 3, 2025, that it has secured a procurement project from Anhui Conch Cement Company Limited (600585.SH) with a winning bid amount of RMB 13 million. The project involves a 10MW/20MWh energy storage system procurement in Jining, Shandong, at a bid price of RMB 0.65 per Wh.

Key financial highlights of Sungrow Power Supply (300274.SZ): - 2024 revenue: RMB 77.857 billion, up 7.76% YoY. - Net profit attributable to parent company: RMB 11.036 billion, up 16.92% YoY. - ROE: 33.99%. - H1 2025 revenue: RMB 43.533 billion, up 40.34% YoY. - H1 2025 net profit attributable to parent company: RMB 7.735 billion, up 55.97% YoY.

The company operates in the industrial sector, with core products including power conversion equipment (37.41% of revenue), energy storage systems (32.06%), and power station system integration (26.98%).

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(300274.SZ) announced on November 3, 2025, that it has secured a procurement project from Anhui Conch Cement Company Limited (600585.SH) with a winning bid amount of RMB 13 million. 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