# Zhejiang Rongtai receives battery insulation parts order from overseas battery maker

Zhejiang Rongtai (603119.SH) received a fixed-point project from an overseas power battery manufacturer to supply battery pack thermal runaway insulation parts. The total sales amount over the 4-year lifecycle is approximately RMB 785 million, with mass production expected in 2025.

- Type: Contract
- Announced: 2023-12-21
- Value: $110.0M (785.0M CNY)
- Status: announced
- Products: battery pack thermal runaway insulation parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Zhejiang Rongtai](https://endata.com/companies/74199.md) (supplier)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/1043434.html), 2023-12-21: "公司于近日收到了某海外动力电池制造商客户的定点通知，选择公司作为其电池包热失控防护绝缘件的供应商。"

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