Wowjoint Holdings Limited announced that it has entered into three contracts for projects and services in China. The company entered into a contract with Zhejiang Xiangshan Fishing Trade Development Co. Ltd. for the sale of a 25 ton marine hoist. This hoist will be used for lifting smaller boats and is an extension of the yacht market that the company entered last year. The contract value is approximately $250,000 (RMB 1,600,000). In addition, the company entered into a leasing contract with No.1 Engineering Co. Ltd. of China Railway 25th Bureau Group. This leasing contract is to provide a 900-ton special launching carrier, the company's proprietary product. The term of the lease is 10 months, beginning on August 1, 2012. The total payable by the customer under this contract is approximately $930,000 (RMB 5,900,000). The company also entered into a service contract with second Bureau of China Railway Co. Ltd., who commissioned the company to lift 37 rail bridge sections using one of the company's 900-ton special launching carriers. Service will commence on August 15, 2012. The total value of the contract is approximately $850,000 (RMB 5,400,000).