21.08.2013 14:26:01
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Tianli Agritech Signs Retail Distribution Deal With Wushang Mart - Quick Facts
(RTTNews) - Tianli Agritech Inc. (OINK), a producer of breeder hogs, market hogs and black hogs, headquartered in Wuhan City, China, announced that it signed an agreement with Wushang Mart to sell cuts of its Tianli-Xiduhei black hog meat through three of Wushang Mart's retail outlets located in Wuhan City, Hubei province.
Wushang Mart is a supermarket chain with retail outlets across major cities in Hubei province and a wholly owned subsidiary of Wuhan Department Store Group Co., Ltd. According to its latest Annual Report , Wuhan Department Store Group had net sales of RMB 14.9 billion in 2012, of which Wushang Mart contributed approximately RMB 6.2 billion, or 42% of total net sales.
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