China Fire & Secuity (CFSG) Signs $1.5 Million Contract with Shenhua Baotou Charcoal Chemical Industry Co., Ltd

January 9, 2009 8:23 AM EST

China Fire & Security Group, Inc. (Nasdaq: CFSG) announced that the Company has won a contract with Shenhua Baotou Charcoal Chemical Industry Co., Ltd for its coal-to-olefins project, valued at approximately $1.5 million.

China Fire will serve as a safety products provider for the coal-to-olefins project carried out by Shenhua Baotou Charcoal Chemical. China Fire will provide various fire detection products including the Company's patented linear heat detector, third-party safety and surveillance products, and technical and engineering support. The project is expected to be completed within two years.

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China Fire & Security Group, Inc., through its wholly owned subsidiaries, Sureland Industrial Fire Safety Limited ("Sureland") and Tianjin Tianxiao Fire Safety Equipment ("Tianxiao"), is a leading total solution provider of industrial fire protection systems in China.


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