February 9, 2010 (FinancialWire) — China Fire & Security Group, Inc. (NASDAQ: CFSG), a provider of industrial fire protection systems in China, said it has signed a total solution contract worth around $92 million with Wuhan Iron and Steel Corp. for a fire protection retrofitting project.

Under the contract, China Fire will complete the overall retrofitting project of the fire protection facilities for WISCO’s 32 plants located in Qingshan, Hubei Province, by the end of 2011.

The project will employ China Fire’s product and services portfolio, including recoverable rate-of-rise & fixed temperature linear heat detectors with protective metallic coating, explosion-proof multi-frequency infrared flame detectors, anti-false-spray water spray fire-extinguishing systems, and anti-false-spray water mist fire extinguishing systems.

Upon completion of the project, the majority of WISCO’s Qingshan plants’ fire protection facilities will be fully compliant with China’s latest fire safety codes for the iron & steel industry, according to China Fire.

WISCO is an iron and steel companies in China and receives government support in accordance with the Chinese government’s “Iron & Steel Revitalization Scheme.” China Fire has been providing fire safety systems to WISCO for 15 years.

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