Weihai Guangtai signs RMB 115 million airport equipment sales contract with India's Aghport

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โดย Jiemian·CNIN·Read original
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Weihai Guangtai Airport Equipment Co., Ltd. announced that it has signed a product sales contract with India's Aghport Aviation Services Limited to supply airport equipment including aircraft tractors, shuttle buses, aircraft power supply vehicles, and aircraft container loading and unloading platforms, with a total value of 17.0424 million US dollars, equivalent to approximately 115 million yuan. Aghport is a subsidiary of India's Adani Group, mainly engaged in airport ground support services. The contract will be delivered in three batches. If delivery is delayed, a penalty of 0.5 percent of the contract price will be charged for each week of delay, capped at 5 percent. The company stated that this contract is the largest airport equipment sales contract it has signed in the Asian region and is an important achievement of its internationalization strategy, but its performance is subject to uncertainties such as exchange rate fluctuations and changes in the international trade environment.

Impact on stocks 1

Others▲ · 1 stocks

Off-coverage companies 2

Aghport Aviation Services LimitedPrivate▲ Positive
Demandrelevance

As buyer, secures airport ground support equipment including tractors, shuttle buses and loading platforms under the contract.

Adani GroupPrivate± Mixed
relevance

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