Core Viewpoint - The company, Huadian Technology (华电科工), has recently signed a significant contract worth 818 million yuan for the construction of a cooling tower and indirect air cooling system, which is expected to enhance its market position and technical capabilities in the power industry [1][2][3]. Group 1: Recent Contracts and Financial Performance - The company signed a contract for a cooling tower and indirect air cooling system totaling approximately 818 million yuan, which represents about 10.85% of its latest audited revenue [2]. - As of September 2025, the company has signed and won contracts totaling 151.46 billion yuan, with a revenue of 65.34 billion yuan, achieving 75.3% of its annual target [1][4]. - The company has also secured additional contracts, including a 265 million yuan contract for supercritical power plant pipelines and a 159 million yuan contract for digital solutions in high-altitude renewable energy stations [4]. Group 2: Market Position and Technical Advancements - The signed project is expected to serve as a benchmark in the industry, showcasing the company's leading technology in steel cooling towers and indirect cooling systems [2][3]. - The successful implementation of this project will significantly enhance the company's core capabilities in large cooling systems, engineering design, and project delivery [3]. - The company has been focusing on overseas expansion, with contracts signed in South America and Southeast Asia, contributing to revenue growth [5][7]. Group 3: Research and Development - The company has invested a total of 900 million yuan in R&D over the past four years, with a focus on engineering solutions across various sectors, including power, port, metallurgy, and hydrogen energy [8][9]. - As of mid-2025, the company holds 1,559 patents, including 303 invention patents, indicating a strong commitment to innovation [9]. - The company aims for a revenue growth rate of 15.10% in 2025, with a target of 150 billion yuan in new contracts [9].
华电科工开拓市场揽获8.18亿大单 前9月营收65.3亿完成年度目标75%