# Baolong Technology wins 1.3B yuan air suspension supply contract

Baolong Technology received a letter of intent from a major Chinese automaker to supply air suspension air supply units for three vehicle platforms, with a total sales value exceeding 1.3 billion yuan over five years, starting mass production in early 2024.

- Type: Contract
- Announced: 2022-10-23
- Where: China
- Value: $180.0M (1.30B CNY)
- Status: announced
- Products: air suspension air supply units
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Baolong Technology](https://endata.com/companies/62747.md)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/809980.html), 2022-10-23: "公司近日收到国内某头部自主品牌主机厂的《定点通知书》，选择公司作为其三个车型平台的空气悬架系统空气供给单元供应商。"

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