Jiangxi Guoke Defence Group (SHA:688543) said its two subsidiaries, Pioneer Co. and Jiujiang Guoke, signed a sales contract valued at 738.7 million yuan.
Under the contract, the subsidiaries will supply two primary ammunition types and other related products to an undisclosed military unit in 2025, according to a Friday filing with the Shanghai bourse.
Shares of the defense products manufacturer were down 5% in recent trade.
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