LISHUI, China, July 5, 2023
/PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ:
FAMI), an agriculture products supplier in China, today announced new high-volume,
multi-customer orders. The expansive multi-product orders cover a
wide range of the Company's popular products including its dried
and sliced mushrooms, flower mushrooms, dried black fungus and
dried Shiitake mushrooms. The latest orders are from two long-term
customers, with all products for export to Canada.
Ms. Yefang Zhang, Farmmi's
Chairwoman and CEO, commented: "We are delighted to share the news
of new orders placed by two customers, highlighting a substantial
increase in demand for our products. These orders signify the trust
and confidence our customers have placed in us. We are fully
equipped and prepared to handle these high-volume orders, ensuring
seamless execution and satisfaction for our valued customers."
Ms. Zhang continued, "We are effectively executing on our
business strategy to achieve increased sales in the major global
markets we operate in. Our success can be attributed to several
factors, including our superior product offerings and growing
recognition of our brand. We are committed to further boosting our
growth by catering to the evolving and expanding demands of our
customers worldwide."
About Farmmi, Inc.
Established in 1998, Farmmi Inc. (NASDAQ: FAMI) is an
agricultural products supplier, processor and retailer of edible
mushrooms like Shiitake and Mu Er, as well as other agricultural
products. Farmmi sells its products both online and offline. For
further information about the Company, please visit Farmmi's
website.
Forward-Looking Statements
No statement made in this press release should be interpreted as
an offer to purchase or sell any security. Such an offer can only
be made in accordance with the Securities Act of 1933, as amended,
and applicable state securities laws. Certain statements in this
press release concerning our future growth prospects are
forward-looking statements regarding our future business
expectations and intended to qualify for the "safe harbor" under
the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements involve a number of risks and
uncertainties that could cause actual results to differ materially
from those in such forward-looking statements. The risks and
uncertainties relating to these statements include, but are not
limited to, risks and uncertainties regarding lingering effects of
the Covid-19 pandemic on our customers' businesses and our end
purchasers' disposable income, our ability to raise capital on any
particular terms, fulfillment of customer orders, fluctuations in
earnings, fluctuations in foreign exchange rates, our ability to
manage growth, our ability to realize revenue from expanded
operation and acquired assets in China, our ability to attract and retain
skilled professionals, client concentration, industry segment
concentration, and general economic conditions affecting our
industry. Additional risks that could affect our future operating
results are more fully described in our United States Securities
and Exchange Commission filings. These filings are available at
www.sec.gov. Farmmi may, from time to time, make additional written
and oral forward-looking statements, including statements contained
in the Company's filings with the Securities and Exchange
Commission and our reports to shareholders. In addition, please
note that any forward-looking statements contained herein are based
on assumptions that we believe to be reasonable as of the date of
this press release. The Company does not undertake to update any
forward-looking statements that may be made from time to time by or
on behalf of the Company unless it is required by law.
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SOURCE Farmmi, Inc.