Yinbang Shares signs 5-year supply contract with Valeo worth ~CNY 2 billion

Yinbang Shares (Yinbang Clad Material) signed a contract with Valeo on January 20, 2017, to supply aluminum alloy composite and non-composite materials. The annual contract value is USD 55-62 million (CNY 377-425 million), with a total estimated value of CNY 1.987-2.021 billion over 5 years.

“公司20日与法国汽车零部件产销企业Valeo签订合同，向后者供应铝合金复合及非复合材料，每年度合同金额5500万美元至6200万美元，履约期限5年。”news.jjmmw.com

• 1 source
• news.jjmmw.com银邦股份：签订5年合计约20亿元供应合同_创业板_基金买卖网Jan 24, 2017

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