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XiAn Shaangu Power Co Ltd

Xi'an Shaangu Power Co., Ltd. provides system solutions for various businesses in the People's Republic of China and internationally. The company offers energy conversion turbine units, such as air separation compressor, axial compressor, blast furnace power recovery turbine, centrifugal compressor, industrial steam turbine, LNG compressor train, natural gas long-distance pipeline compressor, nitric acia 4-in-1turbine units, sinter blower residual heat recovery turbine, and water vapor compressor. It also provides general contracting engineering, electrical and mechanical equipment installation, energy conversion system technology development and technical services, energy-saving projects diagnostic assessment and energy efficiency analysis, design and engineering cost of energy conversion system, and energy conservation and environmental protection engineering services for the petrochemical, coal chemical, metallurgy, pharmaceutical, food, papermaking, municipal, environmental protection, industrial park integrated energy services, and other fields. In addition, the company offers financing services; energy infrastructure operation, as well as consultant, design, construction, and operation services in the field of industrial gases; installation and commissioning, maintenance and overhaul, remanufacturing, operation monitoring, inventory, and reverse engineering services; industrial intelligent services; and automatic control system. Further, it provides various solutions comprising air separation and gas operation, chemical industry, dual-pressure nitric acid process, metallurgical industry, natural gas and LNG, oil and gas industry, sewage treatment, and energy interconnection symbiosis system solutions. Xi'an Shaangu Power Co., Ltd. was founded in 1999 and is based in Xi'an, the People's Republic of China. Xi'an Shaangu Power Co., Ltd. operates as a subsidiary of Shaanxi Blower (Group) Co., Ltd.

Price · split & dividend adjusted
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601369.CG

ShaanGu Power's 2026 interim net profit was 331 million yuan, down 19.94% year-on-year

ShaanGu Power released its 2026 interim report. Total operating revenue was 4.988 billion yuan, up 2.44% year-on-year. Net profit attributable to the parent company was 331 million yuan, down 19.94% year-on-year. Net cash inflow from operating activities was 509 million yuan, up 109.95% year-on-year. The company's asset-liability ratio was 55.93%, gross margin was 22.26%, return on equity was 3.69%, and diluted earnings per share was 0.19 yuan. The number of shareholders was 29,000, and the top ten shareholders held 71.54% of the total share capital.
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Shaanxi Blower Group first-half net profit attributable to parent falls 19.94% year on year; plans dividend of 1 yuan per 10 shares

Shaanxi Blower Group disclosed its 2026 semi-annual report. In the first half, it achieved operating revenue of 4.988 billion yuan, up 2.44% year on year. Net profit attributable to shareholders of the listed company was 331 million yuan, down 19.94% year on year. Basic earnings per share were 0.19 yuan. The company plans to distribute a cash dividend of 1 yuan, tax included, for every 10 shares. The announcement showed that revenue growth was mainly due to the company deepening its transformation toward service-oriented manufacturing, focusing on its core responsibilities and main business, and actively expanding domestic and international markets.
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Shaangu Power Plans to Acquire 36.06% Stake in Qinfeng Gas via Share Issuance, Shares Resume Trading

Shaangu Power announced that it plans to acquire a combined 36.06% equity interest in Shaanxi Qinfeng Gas Co., Ltd. from minority shareholders through the issuance of shares. The counterparties include Shaanxi Chemical Group, Shaanxi Yanchang Petroleum Group, Shaanxi Financial Holding Group, and Xi'an Hengbolong Enterprise Management Consulting Partnership. Trading in the company's shares will resume from the market open on July 13, 2026. The transaction is still subject to further review by the company's board of directors, approval by the shareholders' meeting, and clearance from competent regulatory authorities, and there remains uncertainty.
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Summary of Major Announcements from Shanghai and Shenzhen Listed Companies on the Evening of July 10

On the evening of July 10, multiple listed companies on the Shanghai and Shenzhen stock exchanges released important announcements. Lifecome Biochemistry clarified that it has no brain-computer interface related businesses or products. Tuojing Technology plans to acquire 82.97% of Wuxi Shangji, 100% of Shanghai Taina Micro, and 100% of Wuxi Kuanxing through a combination of share issuance and cash payment, along with a配套 fundraising, and its shares will resume trading on July 13. Linewell Software has been placed under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws. Wu Yizhong, the actual controller, chairman, and general manager of Tianyuan Intelligent, has been released from detention. The controlling shareholder of Dynamic Power is set to change to Hongmian Sci-Tech Innovation, with shares resuming trading on the 13th. Rike Chemical plans to acquire 70.75% of Genyuan New Materials, adding new energy battery electrolyte material business, and its shares will resume trading on the 13th. CGN Nuclear Technology plans to raise between 850 million and 1.25 billion yuan through a private placement to its controlling shareholder. Shaanxi Blower Power plans to acquire the remaining 36.06% stake in Qinfeng Gas, with shares resuming trading on the 13th. FiberHome Telecommunication plans to raise no more than 2.913 billion yuan through a private placement and intends to acquire 60% of Fujikura FiberHome for 500 million yuan. China Merchants Energy Shipping plans to spend no more than 1.51 billion yuan to build one bulk carrier and four container ships. The wholly-owned subsidiary of LUSTER LightTech plans to sell no more than 334,800 shares of Zhipu. In terms of performance, CITIC Securities expects its first-half net profit to increase by 69.59% year-on-year, Shannon Semiconductor expects an increase of 2,117.54% to 2,434.34%, and China Vanke expects a loss of 12 billion to 15 billion yuan. A controlling subsidiary of Dongyangguang has signed a computing power service contract worth 13 billion to 15 billion yuan. Monalisa has received a commitment letter for a special repurchase loan of no more than 90 million yuan from a financial institution.
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