China Nutrifruit Group Limited Approved to List on NYSE Amex

2009-08-25 19:53 704

DAQING, Heilongjiang, China, Aug. 25 /PRNewswire-Asia/ -- China Nutrifruit Group Limited (OTC Bulletin Board: CNGL) ("China Nutrifruit" or "the Company"), a leading producer of premium specialty fruit based products in China ("PRC"), today announced that it has received authorization to list its common stock on the NYSE Amex Market.

The Company expects to begin trading on NYSE Amex market on August 27, 2009. The trading symbol for China Nutrifruit's common stock will remain "CNGL".

"We are excited to report that our application to list on NYSE Amex has been approved and our common stock will soon be listed and traded on the esteemed NYSE Amex Market," commented Mr. Jinglin Shi, CEO of China Nutrifruit. "We are honored to join the NYSE Amex group of companies and believe the upgrade to NYSE Amex will attract additional interest from the investment community and further enhance our corporate image and visibility in the U.S. capital markets."

About China Nutrifruit Group Limited

Through its subsidiary Daqing Longheda Food Company Limited, China Nutrifruit, is engaged in developing, processing, marketing and distributing a variety of food products processed primarily from premium specialty fruits grown in Northeast China, including golden berry, crab apple, blueberry and raspberry. The Company's processing facility possesses ISO9001 and HACCP series qualifications. Currently, the Company has established an extensive nationwide sales and distribution network through 70 distributors in China.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act""). Such statements include, among others, those concerning our expected financial performance and strategic and operational plans, our plan for production capacity expansion, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. You are cautioned that any such forward-looking statements are not guarantees of future performance and that a number of risks and uncertainties could cause actual results of the Company to differ materially from those anticipated, expressed or implied in the forward-looking statements. The words "believe," "expect," "anticipate," "project," "targets," "optimistic," "intend," "aim," "will" or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks and uncertainties that could cause actual results to differ materially from those anticipated include risks related to new and existing products; any projections of sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in China; any statements of belief or intention; any of the factors mentioned in the "Risk Factors" section of our Current Report on Form 10-K filed on June 30, 2009, and other risks and uncertainties mentioned in our other reports filed with the Securities and Exchange Commission. The Company assumes no obligation and does not intend to update any forward-looking statements, except as required by law.

For more information, please contact:

CCG Investor Relations

Mr. Crocker Coulson, President

Phone: +1-646-213-1915 (New York)



Mr. Colman Cheng, Chief Financial Officer

China Nutrifruit Group Limited

Tel: +852-9039-8111



Source: China Nutrifruit Group Limited
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Keywords: Food/Beverages