Brief: BYD Electronic International Says Entered Into Supply Framework Agreement With BYD

Byd Electronic (International)

19/03/2020 15:20

March 19 (Reuters) - BYD Electronic International Co Ltd
 0285.HK :
    * COMPANY ENTERED INTO SUPPLY FRAMEWORK AGREEMENT WITH BYD
    * GROUP SHALL SUPPLY SURGICAL MASKS TO BYD GROUP
    * ALSO ENTERED INTO PROCESSING SERVICES FRAMEWORK AGREEMENT
WITH
BYD GROUP
    * BYD GROUP SHALL PROVIDE CERTAIN PROCESSING SERVICES TO
GROUP IN
RELATION TO ELECTRIC INTELLIGENT ROBOT PROJECT OF GROUP
    * ESTIMATES TRANSACTION AMOUNTS UNDER SUPPLY FRAMEWORK
AGREEMENT
SHALL NOT EXCEED RMB1.20 BILLION FOR YEAR
    * ESTIMATES TRANSACTION AMOUNTS UNDER PROCESSING SERVICES
DEAL
SHALL NOT EXCEED RMB84 MILLION FOR FY2020, RMB84 MILLION FOR
FY21

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS3KFbZX
Further company coverage:  0285.HK 

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