Baiyu secures $60 million electric lithium battery contract in the u.s. market

Bradenton, fla. , aug. 29, 2024 /prnewswire/ -- baiyu holdings, inc. ("baiyu" or the "company") (nasdaq: byu), a leading b2b bulk commodity e-commerce platform and supply chain service provider, today announced that the company, through its subsidiary bmya new energy technology inc. ("bnet"), has signed a us$60 million purchase and sales contract (the "contract") for electric lithium batteries with feng's auto parts inc., a u.s.-based auto parts supplier.
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