Oboya receives a new major order in China
Oboya Horticulture Industries AB (publ) has through its wholly owned subsidiary Oboya Commerce and Trade Co., Ltd has received a new major peat moss orders in China from Yuexi Nongyou Organic Fertilizer Plant.
The order mainly concerns sales of 180 containers peat moss to Yuexi Nongyou Organic Fertilizer Plant, total amount of the new order amounted to CNY10 million, corresponding to approximately SEK 13 million. The peat moss will be delivered in the beginning of September until end of November.
Besides the new major order, Oboya Commerce and Trade Co.,Ltd has additional received new substrate order in Coco Pith from another leading company in the tobacco industry. The order value amounted to approximately SEK 4 million. By signing of the new orders, Oboya is developing its sales to the Chinese the tobacco industry, which will be a great importance for Oboyas development and growth in the Chinese market.
About Yuexi Nongyou Organic Fertilizer Plant
Yuexi Nongyou Organic Fertilizer Plant is formerly known as farmer’s peat factory in China. Yuexi Nongyou Organic Fertilizer Plant is one of largest tobacco, vegetable nursery and substrate research and development suppliers and has been in business for more than 30 years.
Erik Penser Bank is Oboyas Certified Adviser at Nasdaq First North.
For any inquiry regarding this press release, kindly contact:
Robert Wu, CEO of Oboya Horticulture Industries AB (publ)
Phone: + 86 159 6983 5999
This information is insider information that Oboya Horticulture Industries AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 12.10 on July 27 th, 2018.