BEIJING, Dec. 10, 2019
/PRNewswire/ -- Fuwei Films (Holdings) Co., Ltd. (Nasdaq: FFHL)
("Fuwei Films" or the "Company"), a manufacturer and distributor of
high-quality BOPET plastic films in China, today announced that it will hold its
2019 Annual General Meeting of Shareholders (the "AGM") on
December 17, 2019 at 9:30 a.m. (Beijing Time, at Fuwei Films
(Shandong) Co., Ltd., No. 387
Dongming Road, Weifang, Shandong,
China). Holders of record of
ordinary shares of the Company at the close of business on
November 12, 2019 are entitled to
receive notice of and attend the AGM or any adjournment or
postponement thereof. Holders of record as of November 12, 2019 are welcome to attend the AGM
in person.
The notice of the AGM is available on the "Investor Relations"
section of the Company's website at http://www.fuweiholdings.com.
Fuwei Films has filed its Annual Report on Form 20-F, including its
audited financial statements for the fiscal year ended December 31, 2018 with the U.S. Securities and
Exchange Commission (the "SEC"). Fuwei Films' Annual Report can be
accessed on the above-mentioned website, as well as on the SEC's
website at http://www.sec.gov. Shareholders may request a hard copy
of the Company's Annual Report, free of charge, by contacting
Investors Relations by email at fuweiir@fuweifilms.com or
shiwei.yin@grayling.com.
About Fuwei Films
Fuwei Films conducts its business through its wholly owned
subsidiary, Fuwei Films (Shandong)
Co., Ltd. ("Fuwei Shandong"). Fuwei Shandong develops, manufactures
and distributes high-quality plastic films using the biaxial
oriented stretch technique, otherwise known as BOPET film
(biaxially oriented polyethylene terephthalate). Fuwei Films' BOPET
film is widely used to package food, medicine, cosmetics, tobacco,
and alcohol, as well as in the imaging, electronics, and magnetic
products industries.
Safe Harbor
This press release contains information that constitutes
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995
and are subject to risks. Risk factors that could contribute to
such differences include those matters more fully disclosed in the
Company's reports filed with the U.S. Securities and Exchange
Commission which, among other things, include both the short and
long-term effects of the global financial crisis on the Company and
the BOPET film industry; competition in the BOPET film industry;
growth of, and risks inherent in, the BOPET film industry in
China; uncertainty as to future
profitability and our ability to obtain adequate financing for our
planned capital expenditure requirements; uncertainty as to our
ability to continuously develop new BOPET film products and keep up
with changes in BOPET film technology; risks associated with
possible defects and errors in our products; uncertainty as to our
ability to protect and enforce our intellectual property rights;
uncertainty as to our ability to attract and retain qualified
executives and personnel; and uncertainty in acquiring raw
materials on time and on acceptable terms, particularly in view of
the volatility in the prices of petroleum products in recent years.
The forward-looking information provided herein represents the
Company's estimates as of the date of the press release, and
subsequent events and developments may cause the Company's
estimates to change. The Company specifically disclaims any
obligation to update the forward-looking information in the future.
Therefore, this forward-looking information should not be relied
upon as representing the Company's estimates of its future
financial performance as of any date subsequent to the date of this
press release. Actual results of our operations may differ
materially from information contained in the forward-looking
statements as a result of the risk factors.
For more information, please contact:
In China:
Ms. Xiaoli Yu
Investor Relations Officer
Phone: +86-133-615-59266
Email: fuweiIR@fuweifilms.com
In the U.S.:
Mr. Shiwei Yin
Investor Relations
Grayling
Phone: +1-646-284-9474
Email: shiwei.yin@grayling.com
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SOURCE Fuwei Films (Holdings) Co., Ltd.