Asia
New Focus Auto Tech Awards 580 Million Yuan Contract for Manufacturing Hub
New Focus Auto Tech (HKG:0360) said it awarded a 580 million yuan contract to build a manufacturing hub in Shanghai's Qingpu district, according to a Sunday filing with the Hong Kong bourse.The contract was awarded to multiple parties led by Jiangsu Zhongzhi and will see the construction of the manufacturing hub over a 480-day period ending Oct. 9, 2027, the firm said.New Focus' shares fell 2% in recent trade.
HKG:0360
