Oriental Electronics (000682): Awarded the procurement project by China Southern Power Grid Limited, with a winning bid of 4.188 million yuan.

Tongbi Finance reports that, according to Qichacha data, based on the “Announcement on the Winning Bid for 17 Functional Add-On Projects Including the New Energy Assessment and Compensation and Ancillary Service Market Settlement in the Two Grid Rules System of Southern Power Grid,” Oriental Electronics Co., Ltd. announced on March 30, 2026 that it won a procurement project from China Southern Power Grid Co., Ltd., with a bid amount of 4.1880 million yuan.

Related listed company: Oriental Electronics (000682.SZ)

Tongbi Finance Tips:

_Oriental Electronics (000682.SZ): In 2024, operating revenue was 7.545 billion yuan, with a year-on-year operating revenue growth rate of 16.47%; net profit attributable to the parent company was 684 million yuan, with a year-on-year growth rate of 26.34%; return on net assets was 14.05%. _

_In the first half of 2025, the company’s operating revenue was 3.162 billion yuan, with a year-on-year operating revenue growth rate of 12.18%; net profit attributable to the parent company was 302 million yuan, with a year-on-year growth rate of 19.65%. _

_At present, the company belongs to the industrial sector. Its main product types include substation equipment, industrial control machinery, relay protection and dispatch automation, monitoring equipment and systems, construction and testing equipment, video on-demand systems, and industry-specific software. The 2024 annual report shows the main revenue composition as: smart distribution power business: 57.31%; dispatch and cloud-based business: 17.1%; transmission and transformation automation business: 11.35%; industrial internet and intelligent manufacturing: 5.94%; new energy and energy storage business: 3.92%; integrated energy and virtual power plants: 2.91%; leasing: 1.19%; others: 0.27%. _