Baotou Beifang Chuangye Co is to sell 100 light oil tank wagons to CNPC Northwest Sales Co in a contract worth 52.82 million yuan ($7.98 million) signed recently, according to a Dec 3 Baotou Daily report.

Baotou Beifang Chuangye Co is one of the core subsidiaries of Inner Mongolia First Machinery Group, which is the largest machinery manufacturer based in the Inner Mongolia autonomous region. The company is the designated manufacturer for railway freight cars, and is approved by China Railway Corporation. It is a listed company with expertise in research and production.