# Hunan Oil Pump secures two exclusive supply deals worth up to CNY480M

Hunan Oil Pump secured an exclusive supply deal with Geely Auto Group to develop and mass produce oil pump products for a new model, valued at up to CNY480 million over five years. It also secured an exclusive supply deal with Naveco for oil and vacuum pump assembly products, expected to bring CNY18 million annual revenue.

- Type: Contract
- Announced: 2020-11-04
- Where: China
- Value: $72.0M (480.0M CNY)
- Status: announced
- Products: oil pumps, vacuum pumps
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Geely Auto](https://endata.com/companies/25741.md) (customer)
- [Hunan Oil Pump](https://endata.com/companies/50970.md) (supplier)
- [Naveco](https://endata.com/companies/50971.md) (customer)

## Sources

- [www2.yicaiglobal.com](https://www2.yicaiglobal.com/news/hunan-oil-pump-jumps-nearly-7-after-bagging-two-sole-supply-deals), 2020-11-04: "The firm's stock closed up 6.96 percent at CNY37.63 at noon."

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