Oboya Horticulture Industries AB (publ) has through its wholly owned subsidiary Oboya Commerce and Trade Co., Ltd. in Qingdao, China, ("the company") received an order from a new customer in China. The order value amounted to CNY 13.4 million, corresponding to approximately SEK 17.5 million.

The order concerns deliveries of 300 containers of substrates to the customer Yuexi Farmer Organic Fertilizer Plan in China. Substrates will be delivered from March to July. The order value amounted to approximately CNY 13.4 million, corresponding to approximately SEK 17.5 million. Oboya invested in expansion of sales organization in China in 2017. Through its 12 sales offices, Oboya sales force can reach most of the important areas of cultivation in China. There is growing demand for both high quality products and services for the cultivation sector in China.

Erik Penser Bank is Oboyas Certified Adviser at Nasdaq First North.

 

For any inquiry regarding this press release, kindly contact:

 

Mikael Palm Andersson, CEO of Oboya Horticulture Industries AB (publ)

Phone: + 46 (0)708 99 80 70

E-mail: mpa@oboya.se

Homepage: www.oboya.se

 

Robert Wu, Chairman of Oboya Horticulture Industries AB (publ)

Phone: + 46 (0)735 63 09 35

E-mail: robert.wu@oboya.cc

Homepage: www.oboya.se

 

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 11.45 on March 5 th, 2018.

 

About Oboya Horticulture Industries AB

Oboya Horticulture aims to become a world-leading total supplier of consumables and logistics products for the cultivation industry as well as consumer products for home cultivation and indoor environments. Production takes place in factories in China, Poland, Denmark, Vietnam and Kenya. More information about the company is available at www.oboya.se.