LISHUI, China, June 11, 2020 /PRNewswire/ -- Farmmi, Inc.
("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture
products supplier in China, today
announced it would participate in China's oldest and largest international
exhibition, the 127th China Import and Export Fair
(www.cantonfair.org.cn) from June 15 to June
24, 2020. Popularly known as the Canton Fair and typically
held in Guangzhou, China, the
preeminent international exhibition will be held virtually online
this time in observance of social distancing and safety
guidelines.
The Canton Fair was founded in 1957 and is held twice a year, in
the spring and autumn. It is an all-around international trade
platform, showcasing an exhaustive list of products, supplies,
devices, equipment across three distinct phases. The most recent
Canton Fair featured over 60,000 exhibition booths, and nearly
25,000 exhibitors. 107 out of the Top 250 Global Retailers in 2019
attended the most recent Canton Fair. Among them were 5 of the Top
10 retailers: Wal-Mart, Schwartz, Amazon, Walgreen and CVS
Health.
Ms. Yefang Zhang, Farmmi's
Chairwoman and CEO, commented, "The Canton Fair attracts merchants
from all over the world, and is an important platform for us to
meet customers, introduce products, conduct industry exchanges and
seek cooperation opportunities. Our sales and marketing teams have
done an excellent job adapting to the post-COVID-19 world. We have
continued to expand our opportunity pipeline, while supporting our
existing customers by embracing video calls and digital platforms.
We have found many instances where customers are now more easily
accessible virtually then they would have been if an in-person
meeting was required. The Canton Fair will give us an even bigger
stage to feature our popular green, ecological and healthy
products, including dried mushrooms and fungus. We plan to leverage
video promotion, multimedia and other online tools in order to
capture growth opportunities migrating to the cloud exhibition and
consumption model."
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 COVID-19 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-to-participate-in-chinas-oldest-and-largest-international-exhibition-301074136.html
SOURCE Farmmi, Inc.