New Contract Win
10 8월 2010 - 6:17PM
UK Regulatory
TIDMCWO
RNS Number : 8239Q
China Wonder Limited
10 August 2010
China Wonder Limited
("the Company" or "China Wonder")
New Contract Win
China Wonder is pleased to announce that Wonder Equipment Machinery ("WEM"), one
of China Wonder's subsidiaries, has entered into an agreement to manufacture a
plating production line for Jinzhou Wanyou Mechanical Parts Co., Ltd, a
manufacturer and supplier of piston rods to the shock absorber manufacturing
market. The Company estimates that this agreement could be worth approximately
RMB7,500,000 to the China Wonder group during the present financial year.
The Directors (other than Qingdong Zeng who is a director of Jinzhou Wanyou
Mechanical Parts Co., Ltd) consider, having consulted with its nominated
adviser, WH Ireland Limited, that the terms of this agreement are fair and
reasonable insofar as its shareholders are concerned.
Qingdong Zeng, CEO of China Wonder, commented:
"WEM has for some time been engaged in the research and development of
production lines and equipment for auto parts manufacturing and testing and has
fifteen designers working in this field. We are delighted that WEM has won this
contract and the board of China Wonder is optimistic that it will be able to win
more large projects of this kind in the future."
For further information, please contact:
+---------------------+---------------------+---------------------+
| Mark Chapman | China Wonder | Tel: 01483 |
| | Limited | 894 627 |
| | | Mob: 07918 733 |
| | | 111 |
| | | |
+---------------------+---------------------+---------------------+
| Dan Bate | WH Ireland Limited | Tel: 0161 |
| | | 832 2174 |
| | | |
+---------------------+---------------------+---------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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