The net profit attributable to Changbao shares in the first three quarters fell by more than 60%.

Beijing Business News (reporter Liu Fengru) on the evening of October 27, Changbao Shares (002478) disclosed that the third quarter of 2021 showed that the company's operating income in the first three quarters of this year was about 2.937 billion yuan, down 2.21% year-on-year; the corresponding net profit attributable to it was about 100 million yuan, down 64% year-on-year.

Changbao Co., Ltd. is mainly engaged in the research and development, production and sales of special pipes such as oil and gas pipes, boiler tubes for power stations, construction machinery and petrochemical pipes.