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Taihai Manoir Nuclear Equipment Co Ltd

RongFa Nuclear Equipment Co., Ltd. manufactures high-end equipment and machinery and minerals through its subsidiaries in China and internationally. Its products include nuclear power plant main pipelines, reactor coolant circulation main pump casings, container and valve box forgings, nuclear power castings, petrochemical equipment, and large ring rolling products. The company also supplies technical equipment, high-tech components, and technical services to the nuclear power, energy, electric power, petrochemical, metallurgy, and national defense industries. Formerly known as Taihai Manoir Nuclear Equipment Co., Ltd., it changed its name to RongFa Nuclear Equipment Co., Ltd. in June 2023. Founded in 1997, it is headquartered in Yantai, China, and is a subsidiary of Yantai Taihai Group Co., Ltd.

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News & notes moving 002366.CS
Energy Transition & Power Demand▲

Rongfa Nuclear Power subsidiary wins bid for CGN main pipeline and surge line project

Yantai Taihai Manoir Nuclear Equipment, a wholly owned subsidiary of Rongfa Nuclear Power, has won the bid for Lot 120G main pipeline and Lot 120H surge line, Section 3, of the AU, CT, LT, DA, and BC projects of China Nuclear Power Engineering, namely Units 3 and 4 of the LT project, with a winning amount of approximately 201 million yuan. The company said the project falls under this year's routine operating contracts, and if implemented smoothly it will have a positive impact on future operating performance without affecting business independence. The company's funds, technology, equipment, and personnel can ensure smooth fulfillment of the project, and it will proceed with contract signing as soon as possible. The specific implementation details are subject to the formal contract.
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Rongfa Nuclear Power expects net loss attributable to parent of 21 million to 27 million yuan in first half of 2026

Rongfa Nuclear Power disclosed an earnings forecast, expecting a net loss attributable to the parent of 21 million to 27 million yuan in the first half of 2026, compared with a loss of 30.7031 million yuan in the same period last year. The net loss after deducting non-recurring items is expected to be 30 million to 38 million yuan, compared with a loss of 19.6026 million yuan a year earlier. The company expects to achieve operating revenue of 350 million to 400 million yuan in the same period. The company stated that the main reason for the loss is that its main business was affected by short-term industry policy changes, while the scope of consolidation changed compared with the same period last year. Rongfa Nuclear Power is mainly engaged in high-end equipment machinery manufacturing and high-end materials business.
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