# Yinbang Clad Material signs three-year supply deal with Modine Manufacturing

Yinbang Clad Material Co., Ltd. signed a long-term supply agreement with Modine Manufacturing to provide aluminum alloy composite and non-composite materials over three years, with an expected total value of about CNY300 million (USD45.8 million).

- Type: Contract
- Announced: 2020-12-20
- Where: China
- Value: $45.8M
- Status: announced
- Products: aluminum alloy composite and non-composite materials
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Modine Manufacturing Company](https://endata.com/companies/2921.md) (customer)
- [Yinbang Clad Material](https://endata.com/companies/21668.md) (supplier)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/yinbang-clad-material-shares-rise-on-us-modine-usd458-million-order), 2020-12-21: "Yinbang Clad Material's stock price surged after the Chinese alloy producer said that it has penned a long-term supply deal with US thermal management giant Modine Manufacturing, expecting to gain about CNY300 million (USD45.8 million)."

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