LISHUI, China, May 10, 2023
/PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company")
(NASDAQ: FAMI), an agriculture products supplier in China, today announced it recently
participated in China's oldest and
largest international exhibition, the 133rd China Import and Export
Fair (www.cantonfair.org.cn) from May 1-5,
2023.
Popularly known as the Canton Fair and typically held in
Guangzhou, China, the preeminent
international exhibition is one of the first mass scale exhibitions
to resume following a three-year COVID hiatus. Founded in 1957, the
famed Canton Fair is typically held twice a year, in the spring and
autumn. It is an all-around international trade platform,
showcasing an exhaustive list of products, supplies, devices,
equipment across three distinct phases. In prior years, the Canton
Fair has featured over 60,000 exhibition booths, and nearly 25,000
exhibitors, with top global retailers actively participating.
Ms. Yefang Zhang, Farmmi's
Chairwoman and CEO, commented, "We were very excited to participate
in the 133rd Canton Fair. Having high visibility,
international commerce events like this resume are import to our
growth strategy. As in the past, we were able to meet with new and
existing customers from across the globe. We held successful talks
with our Israeli customers, which praised our products and
services. We are also very pleased with the productive meetings we
held with customers from the U.S., Canada, Germany, Dubai, Japan
and Korea, to name a few."
"The resumption of this major international exhibition is
another positive precursor for our anticipated business growth
moving into the second half of 2023. We thank the host organization
for all of its efforts in making this event a resounding success.
We look forward to now moving many of the discussions we had into
more formal revenue generating opportunities."
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.
