**
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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