LISHUI, China, July 2, 2024
/PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ:
FAMI), an agriculture products supplier in China, today announced the Company's
subsidiary, Zhejiang Farmmi Food Co., Ltd., has received the
certificate of "An Agricultural Products Sales King" awarded by the
Lishui municipal authority.
Ms. Yefang Zhang, Farmmi's
Chairwoman and CEO, commented, "We are honored to receive this
important award. This award is granted following a careful
selection process based on onsite visits, verification and
evaluations of relevant indicators. We have invested significantly
in our core agriculture business, and our focus is firmly on
accelerating our sales growth. We are capitalizing on our many
active, long-term customer engagements to help develop new
customers in our target geographic markets worldwide. A big part of
our success and strategy centers on our investments in our
infrastructure, supply chain partnerships and warehousing systems.
We target new quality customers that will rely on Farmmi to source
their products, which differentiates us from our competitors in the
market. We are also increasing our marketing efforts as we more
aggressively target new customers."
Ms. Yefang Zhang, continued,
"Having tackled the challenges with COVID-19 and supply chain
issues in the past few years, we believe Farmmi has emerged as an
even stronger company, in a stronger financial position, with a far
greater capacity for long-term growth. We remain focused on our
business strategy, with expansion of our core agricultural business
and diversification into new growth vectors. We expect to play a
leading role in Lishui's agriculture product market as we provide
market-oriented professional and standardized services for our agricultural products and promote
high-quality, advanced green development of rural industries in
Lishui City."
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.
For more information, please contact Investor
Relations:
Farmmi, Inc.
Investor Relations
Tel: +86-0578-82612876
ir@farmmi.com
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SOURCE Farmmi, Inc.