China Leon(01586)wins coal inspection services pjt X
11/07/2018 17:37
(Infocast News)     China Leon Inspection (01586) announced that Beijing Huaxia Lihong Commodity Inspection, an indirect wholly-owned subsidiary of the Company, has successfully won the bid for the commercial coal third-party coal inspection services project  in Northern Shannxi Mining Area for Shaanxi Coal Selling and Transportation (Group). The Project would generate an annual revenue of approximately RMB30 million . The term of the agreement would be five years and the agreement is expected to contribute to the Group an aggregate amount of RMB140 million.

Pursuant to which, Shaan Coal agreed to engage Beijing Huaxia to provide Shaan Coal with commercial coal third-party coal inspection services in Northern Shannxi Mining Area and the parties will enter into an agreement in the near future. (SY)

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