LVMH will buy 40 million masks from China for 3.8 yuan a

LVMH, the world’s largest luxury goods group, the parent company of LV, has announced that it will buy 40 million masks from China, mainly to help France’s health sector and public hospitals,media reported. The masks were purchased in batches and the first 10 million will be delivered in the coming days, with the remaining 30 million to be delivered in four weeks.

In terms of price, it is understood that the first batch of 10 million mask orders worth 5 million euros, about 38 million yuan, calculated a single 3.8 yuan a, most of which should be ordinary medical disposable masks, and some medical N95 masks, such orders usually include a variety of products.

Earlier reports said gm technology group Italy and the Italian government’s civil defense department reached an agreement to supply 8 million masks, a total price of 13.6 million euros (about 106 million yuan).

The agreement is the domestic supplier of general technology group China Pharmaceutical and Health Industry Co., Ltd. (referred to as China Pharma), is designated by the Ministry of Industry and Information Technology for therapeutic drugs and medical protection materials storage units.

LVMH will buy 40 million masks from China for 3.8 yuan a