(Yicai Global) Nov. 21 -- Fushun Optoelectronic Co., a subsidiary of Guangdong Cnlight Optoelectronic Co. [SHE:002076] has signed a CNY150 million (USD22.62 million) sales contract with Fujian Yuanlong Intelligent Technology Co. for charging piles, the company said in a press briefing yesterday.

The announcement did not disclose more details such as the number of the charging piles involved, specifications or period of implementation.

This contract, which amounts to roughly 18.44 percent of the company's annual business revenue in 2016, is expected to have a positive influence on the future performance of the subsidiary, the firm said.