[Haichuan Overseas Engineering] Shudao Equipment Company won the bid for the Nigerian Rumuji natural gas liquefaction facility project worth $64.86 million

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Recently, Shudao Equipment Company won the bid for the Rumuji natural gas liquefaction project in Nigeria, with the bid amount reaching 64.86 million US dollars, equivalent to approximately 458 million yuan. This win represents a concrete example of Shudao Group’s ongoing and in-depth participation in the development of the Belt and Road Initiative, as well as its efforts to expand its overseas business operations. It illustrates the group’s brand influence and technical capabilities in the field of global natural gas liquefaction. According to the award notice, Shudao Equipment Company will be responsible for the process package and engineering design of the project, as well as equipment manufacturing and supply and technical services; it will also provide accompanying services such as relevant technical documents and personnel training. The comprehensive, end-to-end integrated service coverage for projects demonstrates the company’s core technical expertise and comprehensive service capabilities in the LNG sector. This project has successfully filled the gap left by Shudao Equipment Company in the field of medium and large-scale LNG plant projects in Africa. Meanwhile, the contract value for this project accounts for approximately 53.13% of the company’s audited operating revenue for 2024, having a significant positive impact on the company’s performance. As of mid-December, the company had signed overseas contracts worth approximately 223 million yuan for the year 2025, which indicates significant progress in implementing its internationalization strategy and expanding its business overseas. In the future, Shudao Equipment Company will use this winning bid as an important opportunity to help Shudao Group accelerate its internationalization efforts, provide higher-quality products and services to customers around the world, and achieve further success in its expansion into overseas markets!