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Xinran Group's compressor business submitted a bid for PipeChina's 2026 centralized procurement of centrifugal compressor units for gas pipeline projects. PipeChina's estimated budget is about US$260 million for roughly 36 units.
BAOYI Group ranked first in PipeChina's 2026 centralized procurement for safety valves and won the project with a bid value of RMB 2.5677 million including 13% VAT.