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China Fire wins more contracts from China Nuclear Power Engineering Co.Ltd. |
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China Fire & Security Group (CFSG) has said it has won three additional contracts with China Nuclear Power Engineering Co. Ltd. (CNPEC), valued at about $5.3 million to provide fire detection services for three independent nuclear power projects. The Beijing, China-based company expects to recognize revenue from these contracts over a period of three years beginning in 2009. The present contract is in addition to the two contracts for $7.6 million announced on 8 October, 2008. The Shenzhen, Guangdong Province headquartered CNPEC is a subsidiary of nuclear power company China Guangdong Nuclear Power Group or CGNPG. |