-+ 0.00%
-+ 0.00%
-+ 0.00%
China Super League Holdings announced that Jiangsu Zhongchao Aerospace Precision Casting Technology Co., Ltd., the company's holding company, recently signed a “Strategic Procurement Cooperation Framework Agreement” with Qingdao Zhongke Guosheng Power Technology Co., Ltd., and the two sides reached a framework agreement on subsequent procurement and capacity guarantee of gas turbine-related parts and products. Jiangsu Precision Casting promised that after the new plant is officially put into operation, the new plant will design no less than 30% of the annual production capacity as a special reserve capacity to give priority to guarantee Qingdao Guosheng's procurement needs; Qingdao Guosheng will prioritize procurement of related products from Jiangsu Precision Casting under the same conditions. This agreement is a framework agreement of intent. The details of the cooperation are subject to subsequent implementation, and will not have a significant impact on the company's financial situation and operating results this year.
Share
Listen to the news
China Super League Holdings announced that Jiangsu Zhongchao Aerospace Precision Casting Technology Co., Ltd., the company's holding company, recently signed a “Strategic Procurement Cooperation Framework Agreement” with Qingdao Zhongke Guosheng Power Technology Co., Ltd., and the two sides reached a framework agreement on subsequent procurement and capacity guarantee of gas turbine-related parts and products. Jiangsu Precision Casting promised that after the new plant is officially put into operation, the new plant will design no less than 30% of the annual production capacity as a special reserve capacity to give priority to guarantee Qingdao Guosheng's procurement needs; Qingdao Guosheng will prioritize procurement of related products from Jiangsu Precision Casting under the same conditions. This agreement is a framework agreement of intent. The details of the cooperation are subject to subsequent implementation, and will not have a significant impact on the company's financial situation and operating results this year.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending