PVTIME – J.S. Corrugating Machinery Co., Ltd. (000821.SZ), a solar equipment manufacturer based in China, announced on 14th August 2023 that its wholly-owned subsidiary, Suzhou Shengcheng Solar Equipment Co. (Shengcheng Solar), has recently signed a sales contract with a customer for solar module assembly line and laminator equipment.
The contract has a worth of 358 million yuan (including tax), which represents 7.36% of J.S. Corrugating Machinery’s audited operating revenue for the year 2022. For Shengcheng Solar, the contract accounts for 10.96% of its audited operating revenue for the year 2022.