Merino & Co. Limited (ASX:MNC)

ALERT: Price-sensitive ASX Announcement for MNC

Current share price for MNC : $0.095 -0.025 (-20.83%)⁺

Announcement

Merino & Co. Secures $1.1 Million China Order

Release

11 May 2026 10:01AM

Price at Release

$0.120

Full Release

Summary

Merino & Co. Limited has announced that it has secured a significant purchase order valued at AUD $1.1 million with a distribution partner in China. This order marks the initial execution of the recently established Exclusive China Distribution Agreement as of 4th May 2026. The order includes a range of wool garments and accessories, and represents a pivotal commercial milestone for the company, providing immediate revenue visibility and confirming the demand for Merino & Co.'s products in the Chinese market. The company has initiated production planning to meet the order requirements, which signifies a substantial step in Merino & Co.’s expansion into international markets, specifically within China. This announcement was approved by the Board of Merino & Co., reinforcing its commitment to leveraging its vertically integrated operations that span from design to marketing of wool products across various distribution channels.

Key Points

Purchase order valued at AUD $1.1 million.
Initial execution under the Exclusive China Distribution Agreement.
Order includes wool garments and accessories.
Provides near-term revenue visibility.
Confirms demand for Merino & Co. products in China.
Production planning initiated to fulfill the order.
Reinforces Merino & Co.'s international market expansion.

IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.