# Oriental Yuhong subsidiary Hongjia Coatings wins 436 million yuan Sinopec paint contracts

Hongjia Industrial Coatings, a subsidiary of Oriental Yuhong, won two framework agreements from Sinopec for 2024 long-use paint and solvent-free paint, totaling 436 million yuan (369 million yuan and 67 million yuan).

- Type: Contract
- Announced: 2023-12-27
- Where: China
- Value: $61.0M (436.0M CNY)
- Status: completed
- Products: long-use paint, solvent-free paint
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Oriental Yuhong](https://endata.com/companies/42221.md) (investor)
- [China Petroleum & Chemical Corporation](https://endata.com/companies/44150.md) (customer)
- [Hongjia Industrial Coatings](https://endata.com/companies/74705.md) (supplier)

## Sources

- [finance.sina.com.cn](https://finance.sina.com.cn/roll/2023-12-29/doc-imzzrxme3160932.shtml), 2023-12-29: "东方雨虹子公司——虹嘉工业涂料有限公司中标中国石化2024年长常用漆框架协议与无溶剂油漆框架协议，标的额分别为3.69亿元、0.67亿元"

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