Jiangsu Yunhu New Material Technology

Yunhu Coatings (Jiangsu Yunhu New Material Technology Co., Ltd.) successfully won three framework agreements from Sinopec for 2025: common paint (280 million yuan), water-based industrial paint (67.36 million yuan), and solvent-free paint (49.32 million yuan), totaling approximately 396.68 million yuan (about $55.5 million).