LISHUI, China, Nov. 7, 2019 /PRNewswire/ -- Farmmi, Inc
("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products
supplier in China, today announced
the Company's Chairwoman and CEO, Yefang
Zhang, was taking an active role in an alleviating poverty
initiative. Together with several other business executives from
Lishui, Ms. Zhang recently accompanied Jilei Wu, Deputy Chairman of the Lishui Branch
of the China Democratic League, to the Chishi Township of Yunhe
County, Lishui, Zhejiang Province,
to carry out the initiative and to conduct relevant research as a
group.
During this trip, Yefang Zhang
visited Yunhe County, the Chishi Township, Dianzi Village, Nandong
Village and Danbukeng Village. Working in conjunction with
the village representatives, the group reviewed economic
development, farm production, living conditions and safety of those
villages. They also investigated how to best help the villages with
long-term development planning and support so the group members can
create and implement the action plans accordingly.
Yefang Zhang, Farmmi's Chairwoman
and CEO, stated, "This alleviating poverty initiative is one of my
and Farmmi's priorities. We have been fortunate to benefit
from the support of our local resources. Therefore, it has
always been important for us to give back to the people of Lishui,
where Farmmi was founded. I am thankful to now have a more
formal opportunity to work with the China Democratic
League and other business executives in a coordinated effort
to help communities to alleviate poverty and to create a
sustainable, improved way of living. As part of the
initiative, we plan to provide job opportunities to the villagers,
give technology advice to the farmers for free and purchase local
agricultural products and sell them in our stores."
About Farmmi, Inc.
Headquartered in Lishui, Zhejiang, Farmmi, Inc. (NASDAQ: FAMI), is a
leading agricultural products supplier, processor and retailer of
Shiitake mushrooms, Mu Er mushrooms, other edible fungi, and many
other sought-after agricultural products. The Company's
Farmmi Liangpin Market serves as a global trading platform for
Chinese geographical indication agricultural products and is one of
the largest platforms for consumers to access locally sourced
agricultural products. For further information about the Company,
please visit: http://ir.farmmi.com.cn/.
Forward-Looking Statements
This announcement contains forward-looking statements within the
meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. All statements other than statements
of historical fact in this announcement are forward-looking
statements. These forward-looking statements involve known and
unknown risks and uncertainties and are based on current
expectations and projections about future events and financial
trends that the Company believes may affect its financial
condition, results of operations, business strategy and financial
needs. Investors can identify these forward-looking statements by
words or phrases such as "may," "will," "expect," "anticipate,"
"aim," "estimate," "intend," "plan," "believe," "potential,"
"continue," "is/are likely to" or other similar expressions. The
Company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and the
Company cautions investors that actual results may differ
materially from the anticipated results.
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SOURCE Farmmi, Inc.