Kuang-Chi's Shenzhen Unit to Deliver RMB 907 Million in Metamaterial Structural Products
Kuang-Chi Technologies said its wholly owned subsidiary Shenzhen Kuang-Chi Advanced Technology will deliver a combined RMB 907 million of metamaterial structural products to three customers under batch-production contracts. One contract is worth RMB 862 million, while two others total RMB 45.29 million. The company disclosed the contracts on September 17, with the cumulative value reaching RMB 906.89 million.
Kuang-Chi Technologies announced on September 17 that it has received notice from its wholly owned subsidiary Shenzhen Kuang-Chi Advanced Technology Co. , Ltd. that the unit signed a batch-production contract for metamaterial products worth RMB 862 million with one customer, and batch-production contracts for metamaterial products totaling RMB 45.29 million with two other customers.
The contract with the single customer is valued at RMB 861.6 million, while the contracts with the two other customers total RMB 45.2942 million.
Shenzhen Kuang-Chi Advanced Technology recently signed batch-production contracts for metamaterial products with three customers in total, with a cumulative value of RMB 906.8942 million.
The unit will deliver a combined RMB 906.8942 million of metamaterial structural products to the three customers.
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