Asia
Olympic Circuit Signs 37 Million Yuan Contract With Shunkong Development's Unit; Olympic's Shares Up 9%
Olympic Circuit Technology (SHA:603920) signed a 36.8 million yuan engineering contract for the installation of electromechanical equipment for a wastewater treatment station, with Guangdong Shunkong Development's (SHE:003039) unit, Guangdong Shunkong Shunshui Construction, according to a Shanghai bourse filing on Thursday.Guangdong Shunkong Shunshui Construction will be the project's contractor.The project is located in the Chinese printed circuit board manufacturer's Xinchuang Zhizai New Factory, and the construction is expected to run for 100 days.Olympic Circuit's shares jumped 9%, while Shunkong's shares fell 2% during the afternoon trade.
SHA:603920SHE:003039
