China Fire & Security Group inks three contracts for $4.3M
Chinese industrial fire protection products company China Fire & Security Group, Inc. (Nasdaq: CFSG), said this morning that it won three independent projects from Chinese steel company Jiuquan Iron and Steel Corp. valued at approximately $4.3 million that will be implemented in the next 12 months. Despite the positive news, shares lost 5.5%, or $0.44, to $7.50 in pre-market trading.
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