Supcon Technology Co., Ltd. (688777) has been awarded a procurement project by China Energy Engineering Group Northeast Electric Power First Engineering Co., Ltd., with a contract value of 2.5 million yuan. The award was announced on March 18, 2026, under the procurement plan for the turbine bypass equipment of the Philippines TVI Phase II (Unit 3) expansion project.

Financial data shows that in 2024, Supcon Technology reported revenue of 9.139 billion yuan, representing a growth rate of 6.02%. Net profit attributable to shareholders reached 1.117 billion yuan, with a growth rate of 1.38%. The company's return on equity stood at 11.14%.

In the first half of 2025, the company's revenue was 3.83 billion yuan, reflecting a decline of 9.92% year-on-year. Net profit attributable to shareholders was 354 million yuan, down 31.46% compared to the same period last year.

Supcon Technology operates in the information technology sector. Its primary products include electrical instruments and meters, system integration services, industry-specific software, and professional consulting services. According to its 2024 annual report, the company's revenue breakdown was as follows: control systems and instruments accounted for 24.5%; control systems, software, and other items contributed 20.9%; S2B platform business represented 17.75%; control systems alone made up 16.35%; industrial software and services accounted for 8.13%; automation instruments contributed 7.04%; maintenance services represented 4.64%; other business activities accounted for 0.59%; and other items made up 0.11%.