According to CoinMeta, Hangxiao Steel Structure announced that the company has signed a procurement contract worth $166 million (approximately 1.128 billion yuan) with an enterprise in the Dangote Petroleum Refining and Chemicals Free Zone. This contract accounts for 15.87% of the company's most recent audited operating income. The scope of the contract includes the design, manufacture, supply of core process equipment and key materials for the expansion project of Dangote Petroleum Refinery in Nigeria, as well as related services, and the contract period is 30 months.