PRCO wins bids of six clients' overall contracting projects

2021-01-06

Jan. 6, 2021 - On January 5, Puyang Refractories Group Co., Ltd (PRCO) announced that the company recently received the Notification of Award from SGIS Songshan Co., Ltd., Shandong Iron & Steel Group Rizhao Co., Ltd., Anyang Iron & Steel Inc., Chongqing Iron & Steel Co., Ltd., Jiangsu Lihuai Iron & Steel Co., Ltd., and Shougang Jingtang Iron & Steel Co., Ltd. The company has successively won the overall contracting projects of the six clients mentioned above. The total amount of the bids is estimated to be 1.045 billion yuan (USD161.76 million), of which the total amount affected in 2021 is 451 million yuan (USD69.81 million), accounting for 10.89% of the company's audited operating income in 2019.