The deal with Sichuan Zhonghaichuanglian Electricity Engineering and Shanxi Silu Electricity Engineering is valued at 369 million yuan ($53.7 million), according to a statement to the Hong Kong stock exchange.
The company will gradually pay Sichuan Zhonghaichuanglian and Shanxi Silu in small tranches as the project is completed, in order to ensure quality.
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