LISHUI, China, May 7, 2020 /PRNewswire/ -- Farmmi, Inc.
("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture
products supplier in China, today
announced its subsidiary Zhejiang Forest Food Co., Ltd. won and
fulfilled multiple new orders from a long-term customer, a trading
company with business relationships in more than 100 countries and
operating businesses across hundreds of products. The
follow-on orders for dried mushrooms and dried mushroom slices were
shipped to the U.S. and have already been received.
Ms. Yefang Zhang, Farmmi's
Chairwoman and CEO, commented, "Repeat orders like these underscore
the momentum in our business and our ability to support large,
multi-national companies. By helping customers meet the
growing worldwide demand for high quality, fresh agricultural
products we are building mutually beneficial, long-term
relationships that will help drive our company's future growth,
cash flow generation and profitability."
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.
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SOURCE Farmmi, Inc.