Jiangsu Yinhe Electronics Wins China Mobile Internet of Things’ Tender for USD161 Million Project



(Yicai Global) Dec. 7 -- Jiangsu Yinhe Electronics Co. [SHE:002519] has won the bid for the new 2016 customized mobile box procurement project by China Mobile Internet of Things (IOT) Co., in a deal worth CNY1.113 billion (USD161 million).

Headquartered in Zhangjiagang in Jiangsu province, eastern China, Jiangsu Yinhe Electronics is a diversified corporate group focusing on four industries: broadcasting and television and internet, defense, new energy and intelligent sheet metal manufacturing.