# Guangwei Composites subsidiary signs CNY 3.66 billion carbon fiber supply contract

Weihai Tuozhan Fiber, a wholly owned subsidiary of Guangwei Composites, signed a contract with Customer A for carbon fiber and fabrics totaling CNY 3.664 billion, covering 2024 to 2027.

- Type: Contract
- Announced: 2024-12-25
- Where: China
- Value: $502.0M (3.66B CNY)
- Status: completed
- Products: carbon fiber, carbon fiber fabrics
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Guangwei Composites](https://endata.com/companies/40825.md)
- [Weihai Tuozhan Fiber](https://endata.com/companies/59568.md)

## Sources

- [21jingji.com](https://www.21jingji.com/article/20241225/herald/4bade72bf76068c1be8f3bac9cbf9426.html), 2024-12-25: "本次签订合同总金额为366361.67万元，占公司最近一个会计年度经审计的营业收入的145.51%"

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