Zhejiang Yonggui Electric Equipment (SHE:300351) secured new orders totaling 22.2 million yuan from subsidiaries of CRRC Group (SHA:601766, HKG:1766).
The contracts include a 9.6-million-yuan connector supply deal with CRRC Zhuzhou Electric Locomotive and a 12.6-million-yuan gangway supply agreement with Hangzhou CRRC Vehicle.
Shares of Yonggui Electric Equipment closed 2% lower Tuesday.
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