Hold the Presses is your online newsportal en brings press releases from around the world. Journalists can use it for free, although it is their responsibilty to check the news. Hold the Presses is in no way responsible for the content of the press releases, the Sender is. We hope you enjoy reading the news we bring you on this website. If a message is published that is not acceptable, we apologize. Please contact us and we will remove the message as soon as possible.

Monday, 5 March 2018

Oboya grows and receives new order in China


Published: 11:45 CET 05-03-2018 /GlobeNewswire /Source: Oboya Horticulture Industries AB / : OBOYA B /ISIN: SE0006259834

Oboya grows and receives new order in China

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.

Pressrelease - Oboya grows and receives order in China

This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Oboya Horticulture Industries AB, Snickarevägen 2, Stenkullen 443 61, Sweden
If you would like to unsubscribe and stop receiving these e-mails click here.