RIAMB (Beijing) Technology Development (SHA:603082), also named BZS, signed a 248.9 million yuan logistics deal with Kweichow Moutai (SHA:600519), according to a Wednesday disclosure on the Shanghai bourse.
The project includes the installation of warehouse equipment at Park B of Kweichow Moutai's Tanchang Packaging and Logistics Park.
The Chinese logistics company's shares slumped 5% at the close.
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