Kuang-Chi Technologies Unit Secures Two Contracts Worth Over 516 Million Yuan

MT Newswires Live

10/13

Kuang-Chi Technologies (SHE:002625) subsidiary Shenzhen Kuang-Chi Advanced Technology has secured two mass production contracts worth about 516.4 million yuan for its metamaterial products.

One contract is worth 272.3 million yuan and the other is for 244.2 million yuan, according to a Monday filing with the Shenzhen bourse.

Shares of the aviation parts manufacturer closed 1% higher Monday.

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