BAIYU Secures Major Lithium Battery Contract

BAIYU Holdings, Inc. (BYU), a prominent B2B bulk commodity e-commerce platform, recently announced its expansion into the U.S. market. The company, through its subsidiary BMYA New Energy Technology Inc. (BNET), signed a $60 million contract with Feng’s Auto Parts Inc.

Contract Details

The contract involves 50,000 electric lithium battery sets. These batteries come in 6V and 12V configurations, with capacities ranging from 100Ah to 300Ah. Delivery is expected to be completed by May 2025.

CEO Ouyang Renmei’s Statement

Ms. Ouyang Renmei, CEO, stated that this contract highlights BAIYU’s strategic progress in the energy sector and their growing influence in the U.S. market. The company aims to enhance brand reputation and shareholder value through such ventures.

About BAIYU Holdings

BAIYU Holdings, Inc. specializes in photovoltaic, energy storage power, and fast-charging stations. The company is committed to delivering integrated new energy solutions that focus on clean energy and smart power systems.

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