Sinomach Automobile (600335.SH): Subsidiary signs 1.09 billion yuan operating contract
China National Machinery Corporation (600335.SH) announced that its wholly-owned subsidiary, China Automotive Industry Engineering Co., Ltd. ("CAIE"), signed a construction engineering subcontracting contract with Shandong Highway and Bridge Construction Group Co., Ltd. on May 12, 2026. The contract amount is RMB 109 million (including tax). It is reported that the signing of this contract will help the company continue to expand its automotive parts intelligent manufacturing business.
Sinomach Automobile (600335.SH) announced that its wholly-owned subsidiary, China Automobile Industry Engineering Co., Ltd. ("CAIE"), signed a Construction Engineering Subcontracting Contract with Shandong Provincial Highway and Bridge Construction Group Co., Ltd. on May 12, 2026, with a contract value of RMB 109 million (including tax). It is reported that the signing of this contract will help the company continue to expand its business in the intelligent manufacturing of automotive components.
Related Articles
US Stock Market Move | Bilibili, Inc. Sponsored ADR Class Z (BILI.US) rises more than 5%; daily video and podcast content viewing time breaks one billion minutes for the first time.
US Stock Market Move | Ford Motor Company (F.US) rose more than 8% as it enters the large-scale energy storage market with Contemporary Amperex Technology technology.
In the AI era, the technology industry continues to lay off employees. Microsoft Corporation's (MSFT.US) subsidiary LinkedIn has initiated a new round of personnel adjustments.
US Stock Market Move | Bilibili, Inc. Sponsored ADR Class Z (BILI.US) rises more than 5%; daily video and podcast content viewing time breaks one billion minutes for the first time.
US Stock Market Move | Ford Motor Company (F.US) rose more than 8% as it enters the large-scale energy storage market with Contemporary Amperex Technology technology.
In the AI era, the technology industry continues to lay off employees. Microsoft Corporation's (MSFT.US) subsidiary LinkedIn has initiated a new round of personnel adjustments.
RECOMMEND
Two Mainland Accounting Firms Approved for H‑Share Audits, Lowering Listing Costs and Deepening Mainland–Hong Kong Market Integration**The Ministry of Finance, the CSRC, and Hong Kong’s Accounting and Financial Reporting Council have approved two additional mainland accounting firms—RSM China and ShineWing—to conduct H‑share audit work, marking the first expansion of the list since 2010.
11/05/2026
HKEX Tightens Rules on Auditor Dismissals as Sudden “Audit Firm Switches” Raise Governance Concerns
11/05/2026
The Chip Stock Frenzy Is Still Accelerating
11/05/2026
