Zhejiang Yonggui Electric Equipment (300351.SZ) and its holding subsidiaries recently signed contracts totaling 32.8542 million yuan.

Zhejiang Yonggui Electric Equipment (300351.SZ) announced that CRRC Qingdao Sifang Locomotive & Rolling Stock Co., Ltd. ("Qingdao Sifang") has signed six purchase and sale contracts with the company, with a total contract amount of 23.3057 million yuan (including tax); Chongqing Hengtai Rui Rail Transit Equipment Co., Ltd. ("Hengtai Rui") has signed a material procurement contract with the company's holding subsidiary Chongqing Yonggui Traffic Equipment Co., Ltd. ("Chongqing Yonggui") for a contract amount of 9.5485 million yuan (including tax); the total amount of the above purchase and sale contracts is 32.8542 million yuan (including tax). In addition, the company's holding subsidiary Chongqing Yonggui recently received two bid notification letters from CRRC Logistics Co., Ltd. ("CRRC Logistics"), with a total bid amount of 24.8657 million yuan (including tax).