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Ann: YPB Secures $600,000 Take or Pay Contract in China, page-2

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    YPB secures $600,000 “take or pay” contract in China

    • YPB’s largest contract in China to date with diversified Zhongneng CIC International Import
    and Export Trade Co., Ltd

    • 3-year “take or pay” contract with a minimum order quantity of RMB1m (~A$200,000) per
    year.

    • Zhongneng will deploy YPB’s T2 Tracer-Scanner technology initially to tobacco, liquor and
    pharmaceutical customers.

    • Contract is consistent with YPB’s strategy in China to secure larger value and longer term
    contracts.

    • Contract is a solid reference point to enhance business growth in China.

    Good news!


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