Oboya Horticulture Industries AB (publ) has through its wholly owned subsidiary Oboya Commerce and Trade Co. Ltd in China, received several orders from new Chinese customers. The total order value amounted to EUR 5, 2 million, corresponding approximately to SEK 54, 2 million.

The new orders concerns sale of 750 containers of substrates to several new customers in China. One of the customers is Guangdong Shengsheng Agricultural Technology Company, which is China's leading vegetable and flower producer. The substrates will be delivered from September to December. The total order value amounted to approximately EUR 5.2 million, corresponding to approximately SEK 54.2 million. The signing of the order will be of great importance to Oboya's development and growth in the Chinese market.

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

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 15.30 on Aug 27th, 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.