China Xiangtai Food Co., Ltd. Announces Appointment of Senior Blockchain Expert, Mr. Jinghai Jiang, as Chief Operating Officer
December 14 2021 - 8:00AM
China Xiangtai Food Co., Ltd. (NASDAQ: PLIN) ("PLIN" or the
"Company"), an emerging growth company engaged in agricultural
business with a diversified expansion strategy, today announced the
appointment of Mr. Jinghai Jiang as Chief Operating Officer.
Mr. Jiang graduated with a degree in Industrial
Automation from Wuxi Radio and Television University in 2000. Mr.
Jiang has been involved in blockchain technology since 2016, when
he founded Haiyuan Culture Development Limited and Qisuan
Technology Limited to research and apply blockchain technology. Mr.
Jiang also created the online community "Big Cabbage Blockchain"
and has published multiple white papers to teach blockchain
technology and the cryptocurrency business. As a result of his
efforts, Mr. Jiang has become a global leader in the cryptocurrency
industry.
Furthermore, Mr. Jiang has invested in over ten
data centers whose combined capacity totals 1030MW. In addition, he
owns over ten thousand miners and hosts another one hundred
thousand miners equipped with cutting-edge operating systems. In
2020, Mr. Jiang invested in IPFS and achieved a hash rate of over
166P.
Ms. Zeshu Dai, Chairwoman and Chief Executive
Officer of the Company, commenting on the appointment, states, "I'm
thrilled to have Mr. Jiang joining the Company. His extensive
experience in blockchain and crypto mining will substantially
enhance the Company's operational efficiency and competitiveness in
the growing cryptocurrency space. On behalf of the entire team, we
officially welcome Mr. Jiang on board."
Mr. Jiang gave the following comment on his
appointment, "Given China Xiangtai's status as an ambitious,
fast-growing company, it is incredibly exciting to be joining the
team. I look forward to working alongside management to help the
Company get to the next level."
About China Xiangtai Food Co.,
Ltd.
Headquartered in Chongqing, China, China
Xiangtai Food Co., Ltd., through the recent acquisition of
Chongqing Ji Mao Cang Feed Co., Ltd, engages in agricultural
business with a diversified expansion strategy. For more
information, please visit https://irplin.com.
Safe Harbor Statement
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. 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.
Company Contact
China Xiangtai Food Co., Ltd.Erick W. RengifoContact:
+1-347-556-4747Email: ir@irplin.com
Investor Relations Contact
Ms. Tina Xiao , PresidentAscent Investor
Relations LLCPhone:
+1-917-609-0333Email: tina.xiao@ascent-ir.com
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