RoboTechnik's Unit Signs 16 Million Euro Deal With Automotive Electronics Client; Shares Jump 17%
RoboTechnik Intelligent Technology's (SHE:300757) unit ficonTEC signed a 15.9 million euro daily operating contract with an unnamed automotive electronics client, according to a Tuesday disclosure on the Shenzhen bourse.The contract covers automotive camera assembly and testing production line equipment and related services.The Chinese automated equipment manufacturer jumped 17% during the afternoon trade.