Shanghai Zhenhua Heavy Industries (600320.SH) has announced that recently, the company has signed an agreement with OCP Morocco Phosphate Group regarding Morocco...
According to an announcement from the Zhitong Finance APP, Shanghai Zhenhua Heavy Industries (600320.SH) has recently reached an agreement with OCP Morocco Phosphate Group regarding the procurement and related matters for the bulk cargo system project at the Safi Port in Morocco, and has signed a contract agreement with a total contract amount of approximately 1.461 billion yuan. The onsite delivery is to be completed within 30 months after the contract becomes effective.
The signed contract is a routine Operation contract, which has significant positive implications for the company's Business development, aligns with the company's development direction, and helps enhance the company's core competitiveness. The execution of the contract is expected to positively impact the company's financial condition and operating results in future accounting years.
