Qinglong Pipe Industry's revenue in the first half of the year was 820 million yuan! The total amount of newly signed contracts increased by 11.46% year on year!

On August 17, Ningxia Qinglong Pipe Industry Group Co., Ltd. released its semi-annual report for 2023.

The announcement shows that Qinglong Pipe Industry achieved annual operating income of about 820 million yuan, down 17.62% year-on-year; the net profit attributable to shareholders of listed companies was 13.769 million yuan, down 69.12% year-on-year; by the end of the reporting period, the total assets of Qinglong Pipe Industry were 4.075 billion yuan, down 2.17% year-on-year. During the

reporting period, the total amount of new contracts signed by the company was 2.364 billion yuan, including 2.075 billion yuan for pipeline manufacturing contracts and 289 million yuan for comprehensive service contracts for design and consultation. Among the pipeline manufacturing contracts, 1.548 billion yuan was newly signed for concrete pipes, 60 million yuan for composite steel pipes and 468 million yuan for plastic pipes. The contract amount carried forward from the previous year was 1.511 billion yuan, including 1.131 billion yuan for concrete pipes, 207 million yuan for composite steel pipes and 173 million yuan for plastic pipes; The contracted delivery amount was RMB825 million, including RMB382 million for concrete pipes, RMB146 million for composite steel pipes and RMB296 million for plastic pipes; and RMB2.558 billion was carried forward to the execution of contracts in subsequent reporting periods, including RMB2.245 billion for concrete pipes, RMB112 million for composite steel pipes and RMB202 million for plastic pipes.