# Tiantie shares subsidiary wins fastener supply contract for Taizhou rail line

Zhejiang Pandelu Rail Technology Co., Ltd, a subsidiary of Tiantie Co., Ltd (300587.SZ), won a bid to supply fasteners for the Taizhou City Rail S1 Line Phase I project, with a contract value of CNY 64.9941 million.

- Type: Contract
- Announced: 2021-02-01
- Where: Taizhou, China
- Value: $10.0M (65.0M CNY)
- Status: announced
- Products: rail fasteners
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Tiantie Co., Ltd](https://endata.com/companies/52931.md)
- [Zhejiang Pandelu Rail Technology](https://endata.com/companies/52932.md)
- [Tiantie Co., Ltd](https://endata.com/companies/52931.md) (supplier)
- [Suzhou Zhongche Construction Engineering](https://endata.com/companies/52933.md) (customer)
- [Suzhou CRRC Construction Engineering](https://endata.com/companies/53116.md) (customer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/404684.html), 2021-02-01: "浙江潘得路为台州市域铁路S1线一期工程扣件采购项目的中标单位，中标金额为6499.41万元。"
- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/410295.html), 2021-02-09: "合同的实施预计将对公司未来的经营业绩产生积极作用，但不会影响公司业务的独立性。"

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