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Shanghai Yanpu Metal Products Co., Ltd. won a contract from JinYing Heavy Industry Machinery Co., Ltd. for railway special container material projects valued at CNY 587,231,500, with delivery required by June 2023.
Shanghai Yanpu's subsidiary Wuhan Pujiang Yanpu received a letter of intent from a major customer to supply parts indirectly to a new energy vehicle manufacturer, with production starting in mid-2022 and expected revenue of 1.94-2.27 billion yuan over 5 years.