Youkeshu Technology (SHE:300209) unit Yueyunshu secured a five-year equipment leasing contract from a confidential entity, with the winning bid amount exceeding the company's total audited assets.
Yueyunshu must now post a 100-million-yuan performance bond within three days to secure the deal, according to a Tuesday filing with the Shenzhen bourse.
Shares of the e-commerce business operator closed 7% lower Tuesday.
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