Nanchang Mineral Systems Co., Ltd. Class ASZSE: 001360

Nanchang Mineral Systems Signs Agreement For Iron Ore Processing Equipment Sales And Project Operation

· Issued by Nanchang Mineral Systems Co., Ltd. Class A

Nanchang Mineral Systems Co Ltd SZSE:001360:

  • SAYS IT SIGNED AGREEMENT FOR IRON ORE PROCESSING EQUIPMENT SALES AND PROJECT OPERATIONS, OPERATION FEES EXPECTED AT ABOUT 3 BILLION YUAN ($428.16 million) OVER 10 YEARS

($1 = 7.0067 Chinese yuan renminbi)