Qinglong Pipe Industry (002457.SZ): Preliminary winning bidder for a RMB 225 million project
Gelonghui, June 5 — Qinglong Pipe Industry (002457.SZ) announced that the Ningxia Hui Autonomous Region Public Resources Trading Network recently published the 'Notice of Shortlisted Bidders for Bid Package 1 of Cement Product Procurement and Supervision for the First Batch of Construction Projects under the 2026 Phase of the Modernization and Rehabilitation Project of the Qingtongxia Irrigation District in Ningxia.' Qinglong Pipe Industry Group Co., Ltd. has been ranked as the top shortlisted bidder. The bid price amounts to RMB 225 million, representing 8.54% of the company's audited total operating revenue for fiscal year 2025.
Express News | Shares related to the new-type urbanization concept rose sharply in early trading, with Qinglong Pipe Industry hitting the daily trading limit.
Express News | The underground pipeline sector of A-shares rose sharply in early trading, with Chengbang Shares and Qinglong Pipe Industry hitting the daily trading limit. Hanjian Heshan, Litong Technology, Huajian Group, Guotong Shares, and Hangyu Micro followed with g
Express News | The building materials sector of the A-share market rebounded in the short term, with Yangzi New Materials hitting the price limit, Qinglong Pipe Industry rising over 7%, and other stocks such as International Composite Materials, China National Building
Qinglong Pipes Industry Group: First Quarter Report 2026
Qinglong Pipe Industry (002457.SZ) released its first-quarter financial results, reporting a net loss attributable to shareholders of 6.3411 million yuan.
Qinglong Pipe Industry (002457.SZ) released its first-quarter report for 2026. In the first quarter, the company achieved operating revenue of 252 million yuan, a year-on-year decrease of 10.83%. The net loss attributable to shareholders of the listed company was 6.3411 million yuan. The net loss attributable to shareholders of the listed company after deducting non-recurring gains and losses was 6.4636 million yuan.
Qinglong Pipe Industry: 2025 Annual Report
Qinglong Pipe Industry: Summary of the 2025 Annual Report
Qinglong Pipe Industry (002457.SZ) announced its 2025 annual performance, with net profit attributable to shareholders amounting to 130 million yuan, representing a decrease of 51.58%.
Qinglong Pipe Industry (002457.SZ) released its annual report for 2025, showing operating revenue of 2.625 billion yuan, representing a year-on-year decrease of 6.84%. Net profit attributable to shareholders of the listed company was 130 million yuan, marking a year-on-year decline of 51.58%. Net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 120 million yuan, reflecting a year-on-year reduction of 51.25%. Basic earnings per share amounted to 0.39 yuan. Additionally, the company proposed a cash dividend of 1.2 yuan per 10 shares (tax included) to all shareholders.
Qinglong Pipe Industry (002457.SZ): Termination of the loan operating qualification of Ningxia Qinglong Microfinance Co., Ltd.
Gelonghui, April 3rd - Qinglong Pipe Industry (002457.SZ) announced that, due to the optimization of its business structure, and after prudent evaluation and comprehensive analysis by the company, in order to effectively prevent financial risks and safeguard the legitimate rights and interests of the company and all relevant parties, the company has decided to withdraw from the scope of microfinance company licenses in a stable, orderly, and compliant manner. It plans to terminate the operating qualification of the 'Ningxia Microfinance Company Operating License' ([2025] No. 10) held by Ningxia Qinglong Microfinance Co., Ltd. (referred to as 'Qinglong Microfinance') and authorize the management of Qinglong Microfinance to handle related termination matters in accordance with the law.
Qinglong Pipe Industry (002457.SZ): Proposes to Launch Second Phase Employee Stock Ownership Plan
Gelonghui, April 2nd – Qinglong Pipe Industry (002457.SZ) announced its second-phase employee stock ownership plan. This employee stock ownership plan aims to raise no more than 20 million yuan, with each unit of participation valued at 1 yuan per share. The maximum number of units for this plan is capped at 20 million shares, and the final total funds raised will be determined based on actual fundraising results. The funding for this employee stock ownership plan comes from participants' legal compensation, self-raised funds, and other methods permitted by laws and administrative regulations. The company will not provide any form of financial assistance or guarantees for loans to employees. The source of shares for this employee stock ownership plan is company repurchases.
Qinglong Pipe Industry (002457.SZ): Currently, there is no export business.
Gelonghui, March 19th, Qinglong Pipe Industry (002457.SZ) stated on the interactive platform that the company currently does not have any export business. In recent years, the company has actively explored opportunities for overseas market business expansion. If there is any substantial progress in the company’s overseas operations in the future, it will strictly comply with laws, regulations, and disclosure requirements, and make timely announcements.
Qinglong Pipe Industry (002457.SZ): Signs Sales Contract Worth 54.3586 Million Yuan
Gelonghui, March 17th: Qinglong Pipe Industry (002457.SZ) announced that recently, Qinglong Pipe Industry Group Co., Ltd. received the 'Procurement Contract' signed with Shanghai Electric Wind Power Group Co., Ltd. for the Ningxia Pengyang and Tongxin projects (hybrid tower segment procurement project). The total contract amount is RMB 54.3586 million, accounting for 1.93% of the company's audited total operating revenue for the year 2024.
Express News | Qinglong Pipe Industry: Signed a procurement contract worth 146 million yuan
Qinglong Pipe Industry (002457.SZ) has won the bid for the first section of the Pengyang County Wangwa Power Plant Waste Heat to Urban Heating Pipeline Project, valued at 146 million yuan.
Qinglong Pipe Industry (002457.SZ) announced recently that its controlling subsidiary, Pengyang Qinglong Pipeline Technology Co., Ltd., received the "Notice of Winning Bid" issued by Pengyang Central Heating Co., Ltd. The company was confirmed as the winning bidder for Phase I of the heat supply pipeline project from the waste heat of the Wangwa Power Plant to the county's central heating system in Pengyang County. The bid amount is 146 million yuan, accounting for 5.19% of the company’s audited total operating revenue for the fiscal year 2024.
Qinglong Pipe Industry (002457): Capitalizing on a New Cycle, Benefiting from Increased Water Conservancy Projects and Renovation of Existing Assets
Investment logic: The PCCP pipeline industry is highly concentrated, and we are optimistic about the prospects of water conservancy investment during the '15th Five-Year Plan.' PCCP pipes, a type of concrete pipeline, are mainly used in major national water diversion projects and urban water supply systems. According to China's concrete
Qinglong Pipe Industry: 2025 Annual Performance Forecast
Express News | Qinglong Pipe Industry: Estimated net profit for 2025 is RMB 1.25 billion to RMB 1.8 billion, representing a year-on-year decrease of 32.77% to 53.31%.
Qinglong Pipes Signs 55 Million Yuan Deal for Water Pipe Project
Express News | Qinglong Pipe Industry: Signs RMB 294 million pipe procurement contract