Sinoma International said on Thursday that its Nigerian project, with a contract value of nearly $200 million, had not yet met the disclosure standard of 1.5 billion yuan, and that news media reports were wrong.
The above is the response made by Sinoma International to the news report on September 18 that Sinoma International won the contract of 600 million cement production lines in Nigeria according to the standard of the company's contract announcement proposed by investors that the contract value is more than 1.5 billion RMB.
The principal business of Sinoma International is the construction of large and medium-sized new dry-process cement production lines, including research and development and design of cement production lines, equipment procurement and manufacturing and equipment installation business, as well as engineering supervision and research and development, production and sales of concrete products.
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