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Wednesday, June 25, 2014 8:57:59 AM
Today before the opening bell, Big Tree Group announced it has received some purchase orders from an operator of a retail store chain in Costa Rica that specializes in family products, home goods, and hardware. Big Tree Group’s purchase orders are valued at approximately $400,000 and call for toy products ranging from electronic learning games and instruments to play sets and dolls.
Big Tree Group interprets the purchase orders as an important development in its efforts to expand its market reach internationally with an emphasis on aggressive value pricing. Complete delivery of the toy products to the Costa Rican retail chain is anticipated to be finished by Q3 2014. Big Tree Group notes there are tremendous opportunities for it to strengthen business ties with this customer and increase sales with the chain in the second half of 2014 and into 2015. Other details of the transaction were not immediately available.
Mr. Xiuhuan Lin, the newly appointed CEO and Chairman of Big Tree Group, stated, “We are very pleased to have received initial orders from one of the premier retail operators in Costa Rica as we continue to expand our international customer base in Latin America. We look forward to the opportunity to expand our relationship with this customer for years to come and continue to leverage our capabilities to serve as a one stop shop for toy buyers across the globe. We are confident that our efforts will position our company to deliver strong financial growth for our stockholders in the quarters and years to come.”
Headquartered in Shantou, China, the “capital” of toy manufacturing in China, Big Tree Group serves as a “one stop shop” for the sourcing and distribution of toys and related products. The company functions as an authorized agent for over 8,000 toy manufacturers in China, offering more than 300,000 varieties of toy products inclusive of remote control toys, digital toys, sports toys, play sets, educational toys, dolls, and infant toys. Big Tree Group also markets the Big Tree Magic Puzzle, a proprietary line of construction toys it sells through its websites as well as through domestic retail outlets.
For more information, visit www.bigtreegroup.net
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