Yuanrong Technology and Hongde Era have signed a contract worth 120 billion yuan!
On January 14, 2026, Yuanrong Technology announced that it has entered into a strategic partnership with Hongde Era. The agreement was signed on January 13 and pertains to the purchase of phosphor copper alloy products. The contract is set to last from the first quarter of 2026 until 2031. Under this agreement, Yuanrong Technology will supply Hongde Era with an estimated 305,000 tons of phosphor copper alloy products, with a total value exceeding 120 billion yuan.
On the same day, Yuanrong Technology received a request for consultation regarding the contract. This consultation includes annual production capacity commitments and whether the company will fulfill the agreed production standards, alongside market pricing adjustments. Additionally, there will be self-assessments and compliance checks to ensure adherence to the contract terms.
It is worth noting that Yuanrong Technology specializes in three main types of products: phosphor copper alloy, phosphor bronze, and copper alloy products, which are extensively used in various industries, including electrical and electronic manufacturing.
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Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/major-breakthrough-120-billion-yuan-agreement-between-yunchuang-technology-and-hongde-times-for-new-energy-resource-development/
