# China Glass and Rainbow New Energy sign strategic supply agreement

China Glass (03300) and Rainbow New Energy (00438) entered into a strategic cooperation agreement for the supply and purchase of products, with an estimated total value of approximately RMB 1 billion (including tax), effective from September 2022 to August 2025.

- Type: Contract
- Announced: 2022-08-15
- Where: China
- Value: $148.0M (1.00B CNY)
- Status: announced
- Products: photovoltaic glass
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [China Glass Holdings](https://endata.com/companies/20906.md) (supplier)
- [Rainbow New Energy](https://endata.com/companies/45994.md) (customer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/771509.html), 2022-08-15: "本次战略合作旨在帮助集团获得持续及稳定的销售渠道，利用区域优势来节约销售成本并全面提升其光伏玻璃市场份额及行业地位"

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