According to the Zhitong Finance App, Xinjin Power (300157.SZ) announced that Jinzhou Xinjinhua Machinery Manufacturing Co., Ltd. (“Xinjinhua Machinery”), a holding subsidiary of the company, has received a winning bid notice from Shanghai River Map Engineering Co., Ltd. (“Shanghai River Map”). Recently, Xinjin Chemical Machinery signed a “Complete Equipment Sales Contract” with Shanghai Hetu. The total price of the contract, including tax, is RMB 206 million.
The company said that Xinjin Chemical Machinery has advanced turbomachinery technology. After years of R&D investment and technological development, the company's technical reserves in the field of ammonia synthesis are comparable to that of world-class enterprises. The signing of this contract is conducive to further deepening the professional technical advantages of the company's compressors and units in the field of ammonia synthesis and improving the business coverage of the company's high-end equipment manufacturing business.