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RoboTechnik Signs $16 Million Deal for Coupling Equipment Order; Shares Up 5%

MT Newswires Live13:00

RoboTechnik Intelligent Technology (SHE:300757) signed a $16.2 million contract to produce coupling equipment for an unnamed client, according to a Wednesday disclosure on the Shenzhen bourse.

The Chinese automated equipment manufacturer's shares jumped 5% during the midday trade.

The unnamed company is a subsidiary of a Nasdaq-listed company.

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