Jiuli Special Materials Receives Order for 4 LNG Ship Bushings

It is reported that Jiuli Special Materials Co., Ltd. has signed four “Domestic Materials Purchasing Contracts” with Hudong Zhonghua Shipbuilding (Group) Co., Ltd. to provide low-temperature stainless steel casings for the entire shipbuilding of its four 172,000 cubic meters LNG ships. The total amount of the product is 45.8 million yuan.
According to the company, the total contract amount accounts for 2.12% of its total audited operating income in 2011. The performance of the contract does not have a significant impact on the company's 2012 annual operating results, but it has a certain impact on the company's 2013 annual operating results.

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