Tat Hong Secures New RMB53.17 Million Contract with China Nuclear Industry

Reuters2025-09-12

Tat Hong Secures New RMB53.17 Million Contract with China Nuclear Industry

Tat Hong Equipment Service Co., Ltd. has announced a significant purchase agreement with China Nuclear Industry Huaxing Construction Co., Ltd. The agreement involves the acquisition of machines meant to fulfill project requirements for other clients, rather than being leased back to China Nuclear Industry. The transaction is structured to offset the amount against future lease service fees payable by China Nuclear Industry, capitalizing on an existing business partnership. The ongoing projects between the two entities are valued at approximately RMB350 million, promising substantial future accounts receivable for Tat Hong. This strategic collaboration is expected to enhance the group's cash flow and secure more projects, thereby benefiting the company and its shareholders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tat Hong Equipment Service Co Ltd. published the original content used to generate this news brief on September 12, 2025, and is solely responsible for the information contained therein.

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.

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