LISHUI, China, April 22, 2020 /PRNewswire/ -- Farmmi, Inc.
("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products
supplier in China, today announced
a further expansion of international business at its subsidiary
Zhejiang Forest Food Co., Ltd. The latest customer addition is
Netherlands-based W.N.H.
International (www.wahnamhong.nl). The initial orders of dried
mushrooms and dried black fungus are scheduled to ship in
May 2020 to Rotterdam, the Netherlands.
Ms. Yefang Zhang, Farmmi's
Chairwoman and CEO, commented, "We welcome W.N.H. International as
a valued customer that we will work to build a long-term
relationship with. We are encouraged to see continued growth
from customers both in China and
internationally, as we execute on our expansion strategy and
marketing efforts. We have established our brands as a
standard for high quality agriculture products with consistent
reliability and the commitment of the broader Farmmi
organization. Consumers worldwide continue to grapple with
limited availability of fresh produce and food on top of the
underlying longer term growth trends we were previously benefitting
from. We are working closely with our supply chain and
distributors to ensure we can meet the increased demand."
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, including the potential impact of the Coronavirus on
our business within and outside of China. 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.
View original
content:http://www.prnewswire.com/news-releases/farmmi-subsidiary-further-expands-international-business-301044900.html
SOURCE Farmmi, Inc.