# Yinbang shares signs €2 billion supply contract with Valeo

Yinbang Shares (300337.SZ) signed a commercial contract with Valeo Thermal Systems on April 13, 2022, to supply aluminum alloy composite and non-composite materials, with an estimated contract value of about 2 billion RMB (approx. €280 million).

- Type: Contract
- Announced: 2022-04-13
- Value: $310.0M (2.00B CNY)
- Status: announced
- Products: aluminum alloy composite and non-composite materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Yinbang Shares](https://endata.com/companies/51983.md) (supplier)
- [Valeo Thermal Systems](https://endata.com/companies/62273.md) (customer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/700996.html), 2022-04-13: "银邦股份(300337.SZ)发布公告，公司于2022年4月13日与VALEO Thermal Systems签署《商业合同》，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.