CNC announced on January that in order to fully guarantee the supply of raw materials, the company signed a purchase contract with KBC regarding carbon/carbon composite products. The contract amount for the purchase of carbon crucible, draft tube, insulation tube and other accessories from 2021 to 2022 is expected to be 500 million yuan (77.4 million US dollars) (tax included) or 442 million yuan (68.42 million US dollars) (tax excluded).