(Yicai Global) March 30 -- General Motors has agreed to purchase CNY59.8 million (USD8.4 million) worth of respirator accessories from Chinese manufacturer Anhui Zhongding Sealing Parts, according to the supplier.

The contract is for the sealing parts for 200,000 respirators, Zhongding Sealing said in a statement yesterday, without specifying a delivery date or other details.

The company emphasized that the deal will not greatly impact performance this year, though its share price [SHE:000887] rose by more than 9 percent in today's morning session before closing at CNY9.20 (USD1.30), down 1.1 percent.

Shares in the firm, a long-term supplier to GM and the likes of Volvo, Jaguar Land Rover Automotive and Tesla, hit the daily limit twice last week as investors anticipated a surge in demand for respirators given the global spread of Covid-19.

Editor: James Boynton