Tianyi Technology Wins 159M Yuan Contract

Date:2011-11-02houhaizhen  Text Size:

November 1 -- Sichuan Tianyi Science and Technology (600378.SH) reported it won a bid from China Gas Turbine Establishment worth 159 million yuan, equivalent to 32.5 percent of the listed company’s revenue in 2010, reports yicai.com, citing the company’s announcement.

Tianyi Technology, which is based in Chengdu, will help with one of China Gas Turbine Establishment's reconstruction projects in an unspecified location.

Shares of Sichuan Tianyi Science and Technology (600378) inched up 0.36 percent to close at 12 yuan today

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