(Yicai) March 14 -- Yinlun Machinery, a Chinese supplier of new energy vehicle heat and cooling management parts, secured its fifth overseas order of the past three months, which is expected to generate about CNY280 million (USD38.9 million) in annual sales revenue.

A subsidiary of Yinlun will provide ultra-large cooling modules to a well-known international machinery equipment maker for its commercial equipment project from the third quarter of this year, the Zhejiang province-based parent company announced yesterday.

Yinlun received four other overseas orders in the past three months. But unlike the latest one, the others were all related to new energy vehicle projects.

The order is a key milestone for Yinlun's expansion into the digital energy management market and shows the client's high recognition of Yinlun's capability in localized manufacturing around the world, the firm added.

Yinlun is one of China's leading suppliers of vehicle heat management equipment. Its Shanghai plant has been the supplier of Tesla's Shanghai gigafactory. Last year, the company put its plants in Poland and Mexico into operation.

Yinlun's shares [SHE: 002126] were trading up 0.1 percent at CNY18.10 (USD2.52) as of 2.25 p.m. in Shenzhen today.

Editor: Futura Costaglione