Sinonet & Xinlong Science & Technology's Unit Signs 70 Million Yuan Power Supply Contract

MT Newswires Live2025-01-23

Suzhou Tianping Installation Engineering, a unit of Anhui Sinonet & Xinlong Science & Technology (SHE:002298), signed a 69.6 million yuan contract to supply power to the eastern area of the Sangtian Science Island Science and Technology Innovation Center in China, according to a Wednesday filing with the Shenzhen Stock Exchange.

Tianping Installation Engineering will undertake the project for 242 days, the electric machine and equipment manufacturer said.

The company's shares closed more than 5% lower.

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