Damon Technology Bags SHEIN Logistics Project

MT Newswires Live08-22

Damon Technology Group (SHA:688360) won the SHEIN US B4 smart logistics project bid for $23.5 million, according to a Thursday filing on the Shanghai Stock Exchange.

Style Link Logistics is the tenderer of the project, the Chinese conveyor and conveying equipment manufacturer said.

Shares of the company fell more than 1% at the close.

Price (RMB): ¥13.21, Change: ¥-0.17, Percent Change: -1.27%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment