Puyang Refractories announced on January 5 that the company recently received the notification of award form SGIS Songshan Co., Ltd., Shandong Iron and Steel Group Rizhao Co., Ltd., Anyang Steel Co., Ltd., Chongqing Steel Co., Ltd., Jiangsu Lihuai Steel Co., Ltd. and Shougang Jingtang Iron and Steel Co., Ltd. The company successively won the bids for the overall contract projects of the six customers mentioned above. The total amount of the bids is estimated to be RMB1.045 billion (USD159.25 milion), of which the total amount affected in 2021 is RMB451 million (USD68.73 million), accounting for 10.89% of the company's audited operating income in 2019.