Zhitong Finance App News, Seiko Steel (600496.SH) announced that recently, the company successfully signed contracts for Dangote fertilizer plant projects in Nigeria and Ethiopia, with a contract amount of US$727.33,500 (equivalent to approximately RMB 486 million), accounting for 2.33% of the company's most recent audited revenue.

The project is another major breakthrough for the company in the African market. The company's industrial construction sector has taken advantage of the wave of domestic manufacturing companies going overseas, and is actively developing business cooperation with overseas destination owners. This signing not only enriches the company's overseas order reserves, but also shows that the company's comprehensive capabilities continue to be highly recognized by overseas owners, which is of great significance for the company to deepen its African market layout and further expand overseas markets.

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