Midas clinches three aluminum alloy extrusion supply contracts worth $20.8m
Orders are slated for delivery in 2015 and 2016.
Midas Holdings has received three aluminum alloy extrusion supply contracts worth $20.8m (RMB94.6m) from two long-time customers.
The first metro train supply contract, worth $8.4m (RMB38.2m) is from CNR Changchun Railway Vehicle for Shenzhen Rail Transit Line 9.
The two other supply contracts are awarded by the Group’s associated company, Nanjing SR Puzhen Rail Transport for Hefei Rail Transit Line 1 and Suzhou Rail= Transit Line 4.