# Midas Holdings secures five supply contracts worth $48M

Midas Holdings Ltd., through its subsidiary Jilin Midas Aluminium Industries Co., Ltd., secured five supply contracts totaling $48 million (RMB232.1 million) for rail projects in China, the Middle East, and Europe.

- Type: Contract
- Announced: 2016-12-02
- Where: China
- Value: $48.0M
- Status: announced
- Products: aluminium components for rail vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [MIDAS](https://endata.com/companies/13517.md)
- [CRRC Changchun Railway Vehicles](https://endata.com/companies/16398.md) (customer)
- [Jilin Midas Aluminium Industries Co., Ltd.](https://endata.com/companies/20368.md) (partner)

## Sources

- [sbr.com.sg](https://sbr.com.sg/utilities/more-news/midas-snaps-five-supply-contracts), 2016-12-02: "Midas Holdings Ltd. has successfuly secured five international and PRC supply contracts totalling $48m (RMB232.1m)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.