Published: Sep 22, 2023 10:51
Changyuan Group achieved an operating income of approximately 3.871 billion yuan in the first half of 2023, an increase of 13.85% year-on-year; net profit attributable to shareholders of listed companies was approximately 82 million yuan, a decrease of 45.47% year-on-year. The traditional market bidding share of Changyuan Power Subsidiary remained stable, and it continued to bid in the State Grid collection and Southern Grid framework projects, among which the high-voltage cable accessories and distribution equipment ring network cabinet products ranked in the top in the Southern Grid framework bidding. In the emerging market, it won the annual framework project of Zhoushan Sea Cable Emergency Repair, Ma'anshan Steel Project, etc.; in the overseas market, it won the 115kV project of Sumei Island and reached a strategic cooperation intention with the cable factory in Kazan, Russia. New products and new technologies are continuously promoted, and cable monitoring systems have been applied in Fujian and Hebei.

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