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Sinoma International Engineering Co Ltd

Sinoma International Engineering Co., Ltd. operates in the cement technology equipment and engineering services industry in China and internationally. It offers research, development, technical consulting, engineering design, equipment manufacturing, construction and installation, and general contracting, along with products such as environmental protection equipment, conveying and metering equipment, automated control systems, steel structures, and wear-resistant materials. The company also provides system integration services for mining and cement production lines, as well as industry, housing construction, power and infrastructure services, and engineering logistics. Founded in 2001, it is headquartered in Beijing, China.

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600970.CG▼2

Sinoma International's 2026 interim net profit was 934 million yuan, down 34.30% year on year

Sinoma International released its 2026 interim report. Total operating revenue was 21.262 billion yuan, down 1.91% year on year. Net profit attributable to the parent company was 934 million yuan, down 34.30% year on year. Net cash flow from operating activities was negative 157 million yuan, an increase of 451 million yuan compared with the same period last year. The company's asset-liability ratio was 62.03%, gross margin was 16.78%, return on equity was 4.14%, and diluted earnings per share was 0.36 yuan, down 33.33% year on year. The number of shareholders was 52,000, and the shareholding ratio of the top ten shareholders was 66.13%.
600970.CG · Capital · Negative Net profit down 34.30% YoY, EPS down 33.33%, and negative operating cash flow.
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Sinoma International Signs $476 Million Equipment Supply Contract for Nigerian Cement Production Lines

Sinoma International has signed an equipment supply contract with Itori Cement Limited, a subsidiary of the Dangote Group, for the Itori clinker cement production lines in Ogun State, Nigeria. The contract is valued at $476 million. Under the agreement, Sinoma International will provide equipment supply services for lines three and four at the Itori site in Ogun State, Nigeria.
600970.CG · Demand · Positive Sinoma International secures a $476 million equipment supply contract for Nigerian cement lines.
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Critical Materials & Supply Chain▲2

Multiple Companies on Shanghai and Shenzhen Exchanges Release Positive Announcements on the Evening of August 3

Multiple listed companies on the Shanghai and Shenzhen exchanges disclosed positive announcements on the evening of August 3. Sunshine Co.'s controlled subsidiary plans to invest up to 980 million yuan in building the Sunshine Intelligent Computing Center project. Xingyun Technology has long-term framework orders for computing power and storage on hand exceeding 15.4 billion yuan. Hainan Expressway's wholly-owned subsidiary plans to acquire a 100 percent stake in Jiaokong Technology for 36.1038 million yuan. Rongbai Technology's Guizhou base, with an annual production capacity of 340,000 tons of lithium iron phosphate, is expected to be fully operational by the end of September. Shengda Resources' controlled subsidiary's Caiyuanzi copper-gold mine has entered the formal production stage. Laier Technology plans to raise no more than 1.17 billion yuan through a private placement for new energy carbon-coated foil and other projects. China Micro Corporation expects its first-half net profit to grow by 282.48 percent to 310.81 percent year-on-year. WuXi AppTec's first-half net profit rose 29.43 percent year-on-year, and it plans to distribute 5.1 yuan per 10 shares. Shandong Hi-Speed plans to repurchase shares worth 100 million to 200 million yuan for cancellation. Wuliangye has already spent 1.002 billion yuan on share repurchases. Daqin Railway plans to repurchase shares worth 400 million to 500 million yuan for cancellation. Sinoma International signed a 476 million US dollar equipment supply contract with a company under the Dangote Group. Gaole Co.'s wholly-owned subsidiary signed a 3.195 billion yuan computing power service contract. Nanfang Precision plans to bid for land and invest about 1.024 billion yuan in building a precision components project. Sungrow Power plans to repurchase shares worth 500 million to 1 billion yuan. Shida Shenghua plans to invest a total of 2.805 billion yuan in building three projects for liquid lithium salt, electrolyte, and others.
About megatrends
Critical Materials & Supply Chain › Lithium ▲Supply
Energy Transition & Power Demand › Solar ▲Supply
Energy Transition & Power Demand › Energy Storage & Grid Flexibility ▲Supply
Critical Materials & Supply Chain › Copper ▲Supply
000603.CS · Supply · Positive Caiyuanzi copper-gold mine entered formal production stage.
000608.CS · Capital · Positive Controlled subsidiary plans to invest up to 980 million yuan in intelligent computing center.
000858.CS · Capital · Positive Spent 1.002 billion yuan on share repurchases.
000886.CS · Capital · Positive Wholly-owned subsidiary plans to acquire 100% stake in Jiaokong Technology for 36.1038 million yuan.
002553.CS · Capital · Positive Plans to bid for land and invest about 1.024 billion yuan in building a precision components project.
300274.CS · Capital · Positive Plans to raise no more than 1.17 billion yuan through private placement for new energy carbon-coated foil and other projects.
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