Thursday, October 31, 2013
China Environment
China Environment: Wholly-owned subsidiary, Fujian Dongyuan Environmental Protection, secured five contracts from three customers with aggregate value of Rmb119.1m. The customers include Shanxi Electric and Guangdong Power Engineering Corp, both SOEs, and Anhui Shengyun, a public listed company on Shenzhen Exchange.
All five contracts are for the supply of seven units of its hybrid dust collectors for an aluminium company in Shandong province and thermal power plants in Shanxi and Guangdong province.
The contracts are expected to contribute positively to the group for FY14, which will have an expected completion by 1H14.
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