# Yinbang Shares signs ~CNY 2B supply contract with Valeo

Yinbang Shares announced a commercial contract with Valeo Group to supply aluminum composite and non-composite materials. The contract is valued at approximately CNY 2 billion (excluding tax), covering 2022 to 2024.

- Type: Contract
- Announced: 2022-04-13
- Value: $300.0M (2.00B CNY)
- Status: announced
- Products: aluminum composite materials, non-composite materials
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Valeo](https://endata.com/companies/655.md) (customer)
- [Yinbang Shares](https://endata.com/companies/51983.md) (supplier)

## Sources

- [nbd.com.cn](https://www.nbd.com.cn/articles/2022-04-13/2216887.html), 2022-04-13: "银邦股份(300337)4月13日晚间公告，公司与法雷奥集团签署《商业合同》，公司将向法雷奥集团及其下属子公司或其指定的配套公司供应铝合金复合及非复合材料。"

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