YPB Signs Supply Contract With Major Supplier to China’s Tobacco and Liquor Industry
- Date: 14th January 2015
- Category: Investor News
- Origin: YPB
YPB has entered into an exclusive 5 years contract with Shenzhen Shensaier Ltd for the provision of its anti-counterfeit invisible tracer products and T1 scanners.
Shensaier will include YPB’s tracer in all high-end inks supplied to China’s biggest tobacco and wine brands.
Contract potentially worth AUD$16m (80 Million RMB) based on projected revenues over term of the contract.
Shensaier is one of China’s largest suppliers of high-end UV Printing ink and paints to the Chinese Tobacco industry.