PEN receives another shop fitting order from Liqun
PEN Concept Group has, through its wholly owned subsidiary Qingdao Oboya Shop Concept Co., Ltd., has received another purchase order from Liqun Group Co., Ltd, regarding shop fitting products. The delivery includes single and double sided shelving systems, promotion racks and podiums. All items, produced at PEN’s manufacturing facility in Qingdao, will be used in a new establishment in Pingdu (Shandong province). The new store, totalling some 4.700 square meters, will open for public on June 28, 2018. Order value is approx. 950 tCNY (approx. 1.250 tSEK). Liqun Group is planning further store openings ahead.
For any inquiry regarding this press release, kindly contact:
Johan Burtus, CEO, PEN Concept Group AB
Phone: +46 738 000 460
This information is insider information that PEN Concept Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication trough the agency of the contact person set out above, on April 4, 2018.
PEN Concept Group in brief
PEN Concept Group AB, headquartered in Jönköping, Sweden, is a turnkey supplier of interior products and solutions for shops, exhibitions, events, restaurants and showrooms. The group coordinates all required resources to offer customers both standard and customized interior solutions, including large scale productions. The Swedish operations is channelled through the subsidiaries PEN Interiör AB, PEN Shop Concept AB and Goods Sweden AB. The group also has a production and distribution facility, Qingdao Oboya Shop Concept Co., Ltd. in China.
The PEN brand represents solid know-how and experience in design, engineering, production and installation services for exhibitions, restaurants and retail customers. The GOODS brand covers a turnkey product range for restaurant businesses, including kitchen machinery, furniture and utensils.
Liqun Group in brief
Liqun Group Co., Ltd., ‘LIQUN’, is a commercial enterprise with history more than 70 years of business distribution experience across China. Operations include commercial chains, business logistics, hotel chains, pharmaceuticals, import and export trade and real estate. LIQUN was selected as one of the Top 500 Chinese Enterprises in 2004 and became the only retail enterprise selected in Shandong Province. 2016 net sales totaled 10.2 bCNY (Bloomberg.com / 601366:CH).