Shandong New Beiyang Information Technology (SHE:002376) won a bid to supply mail sorting equipment to China Postal Express & Logistics for 110 million yuan, according to a Wednesday filing with the Shenzhen bourse.
The equipment includes single-piece separation machines, circular cross-belt sorters, swing wheel sorters, narrow-belt sorters, and high-speed dynamic scales, according to the filing.
The formal contracts are still being finalized.
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