Jingjin Equipment Secures Procurement Contract from South Manganese Group Valued at 1.98 Million Yuan

Deep News
Feb 26

Jingjin Equipment Inc. (603279) announced on February 26, 2026, that it has won a procurement project from South Manganese Group Limited, with a contract value of 1.98 million yuan, according to the tender announcement for the evaporation and concentration system procurement project.

Financial data for Jingjin Equipment (603279.SH) shows that in 2024, the company reported operating revenue of 6.129 billion yuan, representing a decline of 1.92% year-on-year. Net profit attributable to parent company shareholders was 848 million yuan, down 15.86% compared to the previous year. The return on equity stood at 18.82%.

For the first half of 2025, the company's operating revenue was 2.826 billion yuan, reflecting a decrease of 9.62% year-on-year. Net profit attributable to parent company shareholders was 328 million yuan, marking a decline of 28.51%.

Jingjin Equipment operates in the industrial sector and specializes in environmental protection machinery. Its primary product, the diaphragm filter press, accounted for 54.04% of its 2024 revenue. Other major products include chamber filter presses (16.73%), supporting equipment (13.15%), filter plates (7.81%), filter cloth (5.44%), other accessories (2.37%), and other business segments (0.48%).

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