China Xiangtai Food Co., Ltd. Announces Cooperation with Dragon Gate Investment Partners
February 18 2020 - 7:30AM
China Xiangtai Food Co., Ltd. (NASDAQ: PLIN) (“Xiangtai” or the
“Company”), an emerging growth company engaged in food processing
business in China, today announced that it has engaged Dragon Gate
Investment Partners as its financial advisor.
“We are glad to announce our partnership with
Dragon Gate Investment Partners,” said Mr. Xiaohui Wu, President
and Director of China Xiangtai Food Co., Ltd. “We believe
Dragon Gate’s expertise can help us to build an interactive and
stable communication channel, meanwhile establishing cooperation
with US partners.”
“The outbreak of coronavirus increases the
consumption of foods in China, and the food supply may continue as
a going concern. In the consumer market, we will keep providing
high-quality, nutritious and safe products. In the capital market,
we are building an effort to generate a good performance for our
investors.” Said Ms. Zeshu Dai, Chairman and Chief Executive
Officer of China Xiangtai Food Co., Ltd.
“The global food supply chain matters to many
people’s daily lives. We are glad to become the financial advisor
of China Xiangtai Food Co., Ltd.” said Ms. Lijie Zhu, Managing
Director of Dragon Gate Investment Partners. “As a public company
listed on NASDAQ, China Xiangtai can serve as a bridge to connect
supply and demand in the food industry between US and China. We
will work closely with the management to improve the company’s
transparency, further strengthen its performance and future-proof
the business model.”
About Dragon Gate Investment
Partners
Headquartered in New York City’s Midtown
Manhattan, Dragon Gate Investment Partners is a
unique investment firm with a special focus on
globalizing and localizing sustainable and promising companies in
the U.S. and China. The team has well-earned reputation of
excellence in providing sensible and cost-effective
cross-border business solutions for a wide breadth of
clientele, including public companies, financial institutions, and
high-net-worth individuals.
About China Xiangtai Food Co.,
Ltd
Headquartered in Chongqing,
China, China Xiangtai Food Co., Ltd, is a food company
primarily engaged in pork processing. The Company's operations span
key sections of the pork processing value chain, including
slaughtering, packing, distribution, and wholesale of a variety of
fresh pork meat and parts. The Company offers fresh and processed
products, including a variety of pork, beef, lamb, chicken, duck,
and rabbit products. Through its core values, the Company is
committed to maintaining the highest standards of food safety,
product quality, and sustainability to provide high-quality,
nutritious, and tasty food in a responsible manner through its
portfolio of trusted brands. For more information, please
visit http://ir.plinfood.com/.
Safe Harbor Statement
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.
IR Contact:Dragon Gate
Investment Partners LLC Tel: +1(646)-801-2803
Email: PLIN@dgipl.com
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