LISHUI, China, May 23, 2023
/PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company")
(NASDAQ: FAMI), an agriculture products supplier in China, today announced Zhejiang Farmmi
Biotechnology Co., Ltd. showcased its enhanced product line
and growing global brand at Asia's
largest food innovation exhibition, the 2023 China International
Food and Beverage Exhibition (the "2023 SIAL China") in
Shanghai on May 18-20, 2023 at the Shanghai New International
Expo Center. This year's food industry summit theme – Bracing the
World, Embracing Change – underscored Asia's prominent role in the global food
production and supply chain.
Founded in 2000, SIAL China (www.sialchina.cn) is co-hosted
annually by the China Commerce Development Centre and the
Comexposium Group. The 2023 SIAL China was held at the Shanghai New
International Expo Center. As the most important annual event in
China's food and beverage
industry, China Food Fair brings buyers from across the world
together to jointly build the most influential food industry trade
platform. The event sets the standard for the companies entering
Asia, while providing the region's
food industry with market insight and opportunities for innovation,
making it a high-level, world-renowned international food and
beverage event.
Ms. Yefang Zhang, Chairman and
CEO of the company, said, "This was another highly successful event
for Farmmi, as participants once again embraced the in-person
format after a long pandemic hiatus. We are excited to be talking
face-to-face with our partners and prospective partners, as we work
to revitalize our sales and the overall industry. We received very
positive feedback, as we discussed development of agricultural
products and how to strengthen the supply chain. We are also very
pleased with the sales buzz, including for our new mushroom gift
box for domestic trade, which is one of many products we exhibited
during the food industry summit.
Ms. Zhang continued, "At present, we are in the rapid recovery
period of China and the world
economy, and China has set its
near-term focus of polices on strengthening trade, promoting market
expansion, stabilizing and expanding the scale of import and export
of key products, accelerating the innovative development of foreign
trade, and optimizing the foreign trade development environment. We
continue to execute on our Company's growth, expand our business
and further enhance our brand, as we leverage years of export
experience and the professionalism of our factory production
services."
About Farmmi, Inc.
Established in 1998, Farmmi Inc. (NASDAQ: FAMI) is an
agricultural products supplier, processor and retailer of edible
mushrooms like Shiitake and Mu Er, as well as other agricultural
products. Farmmi sells its products both online and offline. For
further information about the Company, please visit Farmmi's
website.
Forward-Looking Statements
No statement made in this press release should be interpreted as
an offer to purchase or sell any security. Such an offer can only
be made in accordance with the Securities Act of 1933, as amended,
and applicable state securities laws. Certain statements in this
press release concerning our future growth prospects are
forward-looking statements regarding our future business
expectations and intended to qualify for the "safe harbor" under
the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve a number of risks and
uncertainties that could cause actual results to differ materially
from those in such forward-looking statements. The risks and
uncertainties relating to these statements include, but are not
limited to, risks and uncertainties regarding lingering effects of
the Covid-19 pandemic on our customers' businesses and our end
purchasers' disposable income, our ability to raise capital on any
particular terms, fulfillment of customer orders, fluctuations in
earnings, fluctuations in foreign exchange rates, our ability to
manage growth, our ability to realize revenue from expanded
operation and acquired assets in China, our ability to attract and retain
skilled professionals, client concentration, industry segment
concentration, and general economic conditions affecting our
industry. Additional risks that could affect our future operating
results are more fully described in our United States Securities
and Exchange Commission filings. These filings are available at
www.sec.gov. Farmmi may, from time to time, make additional written
and oral forward-looking statements, including statements contained
in the Company's filings with the Securities and Exchange
Commission and our reports to shareholders. In addition, please
note that any forward-looking statements contained herein are based
on assumptions that we believe to be reasonable as of the date of
this press release. The Company does not undertake to update any
forward-looking statements that may be made from time to time by or
on behalf of the Company unless it is required by law.
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SOURCE Farmmi, Inc.