FUZHOU, China, April 22, 2015 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company") a global fishing company based in the People's Republic of China (PRC), today announced that it was recently featured in the April 2015 edition of CFO World magazine.
The magazine outlines Pingtan's business model through a detailed interview with the Company's Chief Financial Officer, Mr. Roy Yu. The article also shares its view on how Pingtan might benefit from China's 21st Century Maritime Silk Road initiative (or also known as "One Belt, One Road"), stating that "distant water fishery is not only an economic activity, but also holds natural diplomatic and political attributes."
Mr. Xinrong Zhuo, Chairman and CEO of the Company, commented, "We are very proud to be featured in CFO World, as it reflects our leading position within the industry as the largest non-state owned fishing company, and reflects our efforts in expansion and establishing our brand. We are excited to share this feature in such a respected publication in China like CFO World."
CFO WORLD was founded on May 10, 2005, directly under the Ministry of Industry and Information Technology of the People's Republic of China. It is positioned as "the first domestic public professional media of providing services for the CFO group." The core content is closely around the new definition of "competitiveness, finance and operation." It interprets corporate finance from CFO's perspective, focusing on CFO practice, and acting as the spokesman of the CFO group. Its core mission is to grow together with the Chinese CFOs.
For more information regarding CFO World magazine, please visit:
http://www.topcfo.net/
About Pingtan Marine
Pingtan is a global fishing company, engaging in ocean fishing through its wholly-owned subsidiary, Fujian Provincial Pingtan County Ocean Fishing Group Co., Ltd., or Pingtan Fishing. Pingtan Fishing primarily engages in ocean fishing with many of its self-owned vessels operating within the Indian Exclusive Economic Zone and the Arafura Sea of Indonesia. Pingtan Fishing is a growing fishing company and provider of high quality seafood in the PRC.
Business Risks and Forward-Looking Statements
This press release may contain forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. In addition, please refer to the risk factors contained in Pingtan's SEC filings available at www.sec.gov, including Pingtan's most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Definitive Proxy Statement. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Pingtan undertakes no obligation to update or revise any forward-looking statements for any reason.
Contact:
Roy Yu
Chief Financial Officer
Pingtan Marine Enterprise Ltd.
Tel: +86 591 87271753
ryu@ptmarine.net
Investor Relations:
The Equity Group Inc.
Katherine Yao, Associate
86 10 6587 6435
kyao@equityny.com
