# New Trend International signs CNY700M logistics gear contracts with CATL and BYD

New Trend International Logis-Tech signed supply contracts worth CNY700 million (USD108.8 million) with subsidiaries of CATL (CNY661 million) and BYD (CNY33.17 million) for logistics equipment.

- Type: Contract
- Announced: 2021-05-20
- Where: China
- Value: $108.8M (700.0M CNY)
- Status: completed
- Products: logistics equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [New Trend International Logis-Tech](https://endata.com/companies/55315.md)
- [BYD](https://endata.com/companies/9720.md) (customer)
- [Contemporary Amperex Technology Limited](https://endata.com/companies/21803.md) (customer)

## Sources

- [www2.yicaiglobal.com](https://www2.yicaiglobal.com/news/new-trend-intl-hits-limit-up-as-catl-byd-place-logistics-gear-orders-worth-usd1088-million-), 2021-05-21: "New Trend International Logis-Tech signed CNY700 million worth of supply contracts with two major clients."

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