The carrier will be used on a section of the Shanghai-Kunming high-speed passenger railway project that includes extreme mountainous areas.
Wowjoint has signed approximately $20 million in new contracts since the beginning of 2011. Those contracts include $10 million in sales contracts, $9 million in leasing contracts and almost $1 million in technical service contracts.
“We are pleased to have another new customer and look forward to a continued relationship with Guangzhou Railway,” said Wowjoint chief executive officer Yabin Liu. “Our sales team has continued to win new contracts and obtain new customers, which is shown by the $20 million in contracts we have achieved since the beginning of this year. In addition, our employees have been extremely dedicated and have ensured that our customers’ requests are met and that Wowjoint continues to provide the highest quality equipment in a timely manner. We have been able to achieve penetration of sales in different markets and in our leasing and service business in a fairly quick time frame and we believe we will continue to expand in these areas.”
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