Mainboard-listed Bright World Precision Machinery, the manufacturer of precision stamping equipment in China, says it has secured a contract worth for RMB10.9 million ($2 million) to supply one of the industry’s highest tonnage high performance range of stamping machines.
The contract is for four units of high performance & tonnage stamping machines to Jiangyin ZhongNan which is listed on Shenzhen Stock Exchange an one of the leading manufacturers of steel pipe fittings, flanges and pressure vessels.
Among the machines delivered will be a unit of its JS31-1600 series machine which will be used to manufacture Jiangyin ZhongNan’s range of valves for the oil & gas industry.
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