Shandong Daye (SHA:603278) agreed to construct a 200-megawatt wind power project for Shanghai Ruijing Energy Technology for 1.16 billion yuan, according to a Shanghai Stock Exchange filing on Thursday.
The agreement was signed through the Chinese wire and cord manufacturer's subsidiary, Shandong Daye New Energy.
The project will be constructed for 268 days, the filing said.
The company's shares closed over 3% lower.
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