17 September 2019

Shinil inks exclusive supply deal with Wanchang, Yonhap says

South Korean home appliance maker Shinil Industrial Co. Ltd. said on Tuesday that it has signed an exclusive contract with Shandong-based home appliance distributor Wanchang Group for supply of juice makers and quilt vacuum cleaners, Yonhap news agency reported. The contract is worth about 19.58 million yuan (US$3.22 million), representing 3.8 percent of the South Korean firm’s annual sales, the report said.

– Contact HKEJ [email protected]