August 4 -- Tianli Environmental Protection Engineering (Tianli Engineering) (300156) won a 331 million-yuan contract to provide Anhui Tenglong Alloy with nickel alloy equipment, reports the National Business Daily, citing a company filing. The contract value accounts for 98.67 percent of the company’s 2010 revenues, and the project entails a construction period of 12 months.

According to the report, the information was leaked before the company posted its official announcement.

Tianli Engineering is based in Beijing and produces submerged arc furnaces and gas purification systems. 

Source:CapitalVue