WUHAN, China, Aug. 22, 2016 /PRNewswire/ -- Aoxin Tianli Group,
Inc. (NASDAQ: ABAC) ("Aoxin Tianli" or the "Company"), a leading
producer of breeder hogs, market hogs and black hogs, as well as
specialty processed black hog pork products sold through retail
outlets and the internet, with headquarters in Wuhan City, Hubei
Province, China, today
announced that it had signed a sales agreement (the "Agreement")
with Shangzhi Xiaop (Dalian)
E-Commerce Co., Ltd. ("Xiaop") to sell the Company's
Tianli-Xiduhei™ black hog pork products through Xiaop's
group-buying web portal www.ixiaop.com (the "Ixiaop.com"). The
Agreement has a one year term, effective as of August 19, 2016, and can be automatically
extended for successive one-year periods.
Mr. Wocheng Liu, Chairman and Co-Chief Executive Officer of
Aoxin Tianli commented, "With the increasing popularity of online
shopping, especially group buying in China, we believe that Ixiaop.com could
potentially open up tremendous opportunities for our retail
business. As an emerging online group buying site in China, Ixiaop.com is the sister site of
www.popular.com.tw, a top-3 ranked online group buying site in
Taiwan. Our branded specialty
black hog pork products are now available for sale at
http://www.ixiaop.com/."
About Aoxin Tianli Group, Inc.
Aoxin Tianli Group, Inc. (the "Company"), previously known as
Tianli Agritech, Inc., is in the business of breeding, raising and
selling breeder and market hogs in China. The Company also sells specialty
processed black hog pork products through supermarkets and other
retail outlets, as well as the internet. More information about the
Company can be found at: www.aoxintianli-china.com.
Forward-Looking Statements
This news release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. These statements are subject to
uncertainties and risks including, but not limited to, product and
service demand and acceptance, changes in technology, economic
conditions, the impact of competition and pricing, government
regulations, and other risks contained in reports filed by the
company with the Securities and Exchange Commission. All such
forward-looking statements, whether written or oral, and whether
made by or on behalf of the Company, are expressly qualified by
this cautionary statement and any other cautionary statements which
may accompany the forward-looking statements. In addition, the
Company disclaims any obligation to update any forward-looking
statements to reflect events or circumstances after the date
hereof.
For more information, please contact:
Tina Xiao
Weitian Group LLC
Phone: +1-917-609-0333
Email: tina.xiao@weitian-ir.com
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SOURCE Aoxin Tianli Group, Inc.
