Gem-Year (China) Signs an RMB 230 Bn Railway Fastener Supply Contract

     Gem-Year Industrial Co., Ltd announced this September that it has signed a contract with Nanchang-Jiujiang Intercity Railway Company to supply 863,732 pieces of fasteners worth RMB 230 million for high-speed railway stemming from Ganzhou City to Shenzhen City in China. This contract accounts for 6.99% of Gem-Year's total audited operating income in the financial year of 2018.

     Gem-Year is a professional fastener maker with an innovative corporate system to develop intelligent manufacturing and e-commerce. It puts effort into high-end fasteners. Through technical reform on production and inspection equipment, it greatly improves the R&D and manufacturing of high-end fasteners, particularly automotive fasteners, providing clients with full support including design, production, sales, service and logistics.