Ankai Secures A Major Order from Saudi Arabia

January 17,2019

On January 10, Anhui Ankai Automobile Co., Ltd. (hereafter referred to as Ankai; Share code: 000868) successfully secured a major order with a total value of 67,436,820 USD (about 456 million RMB) from HAFILTRANSPORTCOMPANYL.L.C. from Saudi Arabia, exerting positive impacts on the company’s total business revenue and profits in 2019.

According to the two parties’ contract, Ankai will deliver several batches of buses to its customer starting from April this year.

HAFILTRANSPORTCOMPANYL.L.C. is specialized in importing, retailing and wholesaling automobiles, trucks, heavy-duty machines, buses and related spare parts.

In 2017, Ankai sold a batch of buses to HAFILTRANSPORTCOMPANYL.L.C. with a total value of 315,129,600 RMB, accounting for 5.78% of Ankai’s total sales revenue in that year.

Established in 1998, HAFILTRANSPORTCOMPANYL.L.C. is a subsidiary of MOHAMMEDYOUSUFNAGHIMOTORS.

Source : www.chinabuses.org

Editor : Ida

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Tags: Ankai Saudi Arabia

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