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Huazhang Technology's indirect wholly-owned subsidiary Zhejiang Huazhang Technology signed a framework contract with Anhui Xiaoxian Linping Paper for a 5600 paper machine project worth approximately CNY 299 million. The contract became effective on March 21, 2017, and is expected to be completed by June 30, 2018.
“浙江华章于2017年3月21日收到人民币500万元头期款后,该合同载列的条件已达成及合同正式生效。”beta.zhitongcaijing.com
Summarized from public sources; check the original articles before acting on it.