LISHUI, China, Feb. 22, 2019 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced it entered a cooperation agreement with Ningbo Jiangbei Cicheng Fenghengda Food Co., Ltd. ("Fenghengda Food"), one of China's largest and oldest food manufacturers.
Under this one-year agreement, select Fenghengda Food products will now be sold on Farmmi Liangpin Market (www.farmmi.com), Farmmi's leading ecommerce platform. Farmmi will be able to use the Fenghengda Food's brand and product names, images, trademarks and copyrights of these products in its sales and promotional campaigns.
Yefang Zhang, Farmmi's Chairwoman and CEO, stated, "We are very excited to welcome Fenghengda Food to the growing Farmmi family. Fenghengda Food is a national treasure, having created culinary delights and staples of consumers' daily diets for more than 160 years. Our agreement reflects our shared adherence to strict quality and technical standards, and underscores Farmmi's proven track record of creating an enriching online brand experience for both our partners and customers. This agreement also reflects our strategy of successfully partnering with a diverse group of suppliers and brands to further enhance and expand our product portfolio. With more than 120 brands today spanning seven core categories, our Farmmi Liangpin Market is positioned to achieve further growth and success."
About Ningbo Jiangbei Cicheng Fenghengda Food Co., Ltd.
Founded in the Qing Dynasty and headquartered in Ningbo, Zhejiang, Ningbo Jiangbei Cicheng Fenghengda Food Co., Ltd. ("Fenghengda Food") is one of China's renowned traditional food companies, with operations starting more than 160 years ago. Fenghengda Food is best known for its branded rice cakes and focus on the research of innovative soy and health products.
About Farmmi, Inc.
Headquartered in Lishui, Zhejiang, Farmmi, Inc. (NASDAQ: FAMI), is an agricultural products supplier, processor and retailer of Shiitake mushrooms, Mu Er mushrooms, other edible fungi, and many other sought after agricultural products. The products sold on the Company's Farmmi Liangpin Market include geographical indication products and other agricultural products. For further information, please visit: http://ir.farmmi.com.cn/.
Forward-Looking Statements
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.
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