Yoga wei shares on June 27 morning announcement, a wholly owned subsidiary company subordinate yoga wei technology (Hong Kong) co., LTD has received the order confirmation of wal-mart, the two sides for the company new product line, LED LED outdoor landscape lighting system and the low voltage photovoltaic lighting lamps and lanterns agreed a two-year contracts, including contract will be in the fourth quarter of 2016 to the first order shipment during the first quarter of 2017, the first order amount not less than $13 million (86 million yuan).
Wal-mart is the world's largest retail chains, measured by sales for the world's largest company. As of April 30, 2016, wal-mart in 28 countries worldwide total of 11527 stores, wal-mart, which has 4601 stores in the United States is the nation's largest retailers.
Announcement, said this is the first time the company has extensive cooperation, the company with the United States is also a company in North America and a major retail market business progress. In view of the cooperation is based on the company listed on the new product line, and the wal-mart retail scale and market influence, the company expects the implementation of procurement contracts are expected to be for the company's performance over the next two years, bring a positive impact, and will be good for photovoltaic lighting business's medium and long-term development of the north American market.