BEIJING, Jan. 25 (Xinhua) --- China Haisum Engineering Co., Ltd.(002116.SZ) signed an engineering, procurement and construction (EPC) contract with Kraft of Asia Paperboard & Package Co., Ltd and a Japanese company Marubeni Corporation, according to the company's filing to the stock exchange.
The total contract value was 107.5 million U.S. dollars (about 731.77 million yuan), accounting for 17.43 percent of the company's audited operation revenue in 2017 .
According to the filing, the project is located in Vietnam with the project duration of 600 days.
Under the contract, the Chinese company will carry out the construction of a slurry preparation & paper machine production line and be responsible for the engineering design, equipment procurement, installation, performance guarantee and defect repair during the warranty period.
China Haisum Engineering Co., Ltd., the first comprehensive engineering listed company in China, is mainly engaged in project EPC, engineering design, consultation and supervision, with its clients covering Asia, Europe, Africa, America, Oceania, etc.
(Edited by Bao Nuomin, baonuomin@xinhua.org)
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