# LTO and Shanghai Textile sign new framework agreements for textile products and services

LTO, a subsidiary of Luenthai Holdings, has entered into new framework agreements with Shanghai Textile for the purchase of textile and garment products and the provision of related services. The maximum annual purchase amount is expected to be approximately $4.5 million for each of the three years ending 2022.

- Type: Contract
- Announced: 2019-12-19
- Where: China
- Value: $4.50M
- Status: announced
- Products: textile and garment products
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Luenthai Holdings](https://endata.com/companies/44023.md) (customer)
- [Shanghai Textile](https://endata.com/companies/44024.md) (supplier)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/261282.html), 2019-12-19: "LTO与上海纺织已就由LTO集团向上海纺织集团采购纺织及成衣相关产品订立新订买卖框架协议"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.