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

Deep News

Nov 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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