The signings include a US$4 million sales contract for a 900t special launching carrier, in what is Wowjoint's first agreement with China Railway 17th Bureau Group. The customised carrier has an anticipated delivery within the third quarter of 2011. It will be used to erect viaducts on three separate high-speed railway projects for the Hangzhou-Changsha, Nanjing-Anqing and Shanghai-Kunming high-speed railways.

"We are extremely excited about our new relationship with China Railway 17th Bureau Group,"  said Wowjoint chief executive officer Yabin Liu. "This displays how our products are achieving deeper penetration within the infrastructure industry. Our constant focus on expanding our business within China and abroad, coupled with the robust pipeline of new railway projects has provided Wowjoint with tremendous sales momentum."

Wowjoint has also signed a leasing contract fpr a 900t special launching carrier with China Railway No 3 Engineering Group’s rail line and bridge engineering branch. This marks the second leasing agreement for Wowjoint's most customised equipment. The contract is for 18 months, beginning on 1 October 1 when the equipment will be delivered. It will be used on a section of the Shanghai-Kunming high-speed railway.

"Our equipment continues to grow in demand and this contract shows our ability to provide extremely customized equipment but in a leasing situation,” said Liu. “We believe that we will continue to expand our leasing business, thereby increasing the diversification in our revenue streams and penetrating new markets and customers.”