Farmmi Continues Sales Expansion with Latest Win
Farmmi, Inc. (NASDAQ: FAMI) announced that its subsidiary, Zhejiang Farmmi Biotechnology, secured a new order for dried Shiitake mushrooms, which will be exported to Dubai. Chairwoman and CEO Yefang Zhang highlighted the company's success in meeting increasing demand and executing their business strategy despite challenges. The company aims to unlock greater shareholder value while continuing its growth strategy and diversification efforts.
- Secured new order for dried Shiitake mushrooms to be exported to Dubai.
- Increased demand for high-quality agricultural products from customers.
- Successful execution of business strategy despite adverse conditions.
- None.
LISHUI, China, Dec. 13, 2021 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced the Company's subsidiary Zhejiang Farmmi Biotechnology Co., Ltd., won another order for its dried Shiitake mushrooms. The customer will export Farmmi's products to Dubai.
Ms. Yefang Zhang, Farmmi's Chairwoman and CEO, commented, "Our team has done an excellent job this year overcoming adverse conditions as we further expand both domestically and internationally. We continue to meet increased demand levels from our customers for our high-quality agricultural products, and have successfully helped our customers by delivering our orders as promised. Even with the considerable progress we have made this year executing on our business strategy, securing additional capital to support our growth strategy and launching our diversification efforts, we are even more excited about the opportunities ahead, as we focus on unlocking greater value for shareholders."
About Farmmi, Inc.
Farmmi Inc. (NASDAQ: FAMI) was Established in 1998, formerly known as Zhejiang Forasen Food Co., Ltd., which is an agricultural e-commerce technology enterprise. Headquartered in Lishui, Zhejiang, is an agricultural products supplier, processor and retailer of Shiitake mushrooms, Mu Er mushrooms, other edible fungi and other agricultural products. For further information about the Company, please visit: http://ir.farmmi.com.cn/.
Forward-Looking Statements
This press release contains forwarding-looking statement within information about Farmmi Inc.'s views on its future expectations, plans and prospects. We remind you not to rely too much on these forward-looking statements. Due to various of factors, actual results may differ materially from the anticipated results, including but not limited to its ability to raise additional funds, maintain and develop business, variability of business performance, ability to maintain and enhance its brand, development and launch of new products and services, successful integration of acquired companies, technologies and assets into its product and service portfolio, marketing and other business development initiatives, industry competition, general government regulation, economic conditions, the impact of the novel coronavirus pneumonia, dependence on key personnel, attracting, hiring and retaining personnel with the skills and experience required to meet customer requirements, and the ability to protect their intellectual property rights. Farmmi Inc. encourages you to review other factors that may affect its future results in its registration statement and other documents submitted to the U.S. Securities and Exchange Commission. The forward-looking statements in this press release are based on current expectations, our company does not undertake the obligation to update these forward-looking statements.
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SOURCE Farmmi, Inc.
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