Vimicro International Corp. ( VIMC ) , a video surveillance technology and solution provider in China, announced Tuesday that its joint venture, Shanxi Zhongtianxin Science and Technology Co. Ltd., won a competitive bid for the provision of SVAC-compliant video surveillance cameras and system to Jincheng Municipal Government in Shanxi Province. The contract has an estimated value of 136.2 million Chinese yuan or $22 million approximately.

Zhongtianxin is a joint venture in which Vimicro holds a 51% stake. The company said the bid is for the construction of Public Security Video Surveillance System, ‘Tianwang Project’, in Jincheng City of Shanxi Province.

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