Farmmi Subsidiary Receives Lishui Shangeng Certification

|Sep 9|magazine9 min read

LISHUI, China, Sept. 9, 2020 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced one of its subsidiaries, Farmmi Food Ltd Co, was certified by the China Standard Conformity Assessment Co., Ltd., as authorized by the international certification alliance of Lishui Shangeng.

To establish the Lishui Shangeng brand, the Certification program was launched by the International Certification Alliance of Lishui Shangeng, which is a cooperation of 14 domestic and foreign organizations including the Lishui Ecological Agriculture Association, inspection and testing certification institutions, and technical service institutions. Lishui Shangeng is a regional public brand signifying high-quality agricultural products in Lishui and other cities in Zhejiang. To receive the Certification, the products must demonstrate a proper ecological agricultural environment and meet the strict requirements of "Three Products and One Indication" (pollution-free agricultural products, green food, organic agricultural products and geographical indications of agricultural products) through third-party evaluation and certification.

Ms. Yefang Zhang, Farmmi's Chairwoman and CEO, commented, "As a premiere agricultural products company, we adhere to strict controls and policies to ensure the highest quality products for consumers, while also treating the environment with proper care. Sustainability is critical to our business today and will help ensure the health of the environment for future generations. We are proud of receiving the Certification because it recognizes our results and steadfast commitment to modern agriculture, where advanced facilities and processing technologies are the foundation for an enhanced ecologically-friendly civilization. For Farmmi, ensuring the highest environmental and agricultural standards is the right thing to do, makes good business sense and will help drive our long-term growth."

About Farmmi, Inc.

Headquartered in Lishui, Zhejiang, Farmmi, Inc. (NASDAQ: FAMI), is a leading agricultural products supplier, processor and retailer of Shiitake mushrooms, Mu Er mushrooms, other edible fungi, and many other sought-after agricultural products. The Company's Farmmi Liangpin Market serves as a trading platform for Chinese geographical indication agricultural products and is a large platform for consumers to access locally sourced agricultural products. For further information about the Company, 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, including the potential impact of COVID-19 on our business within and outside of China. 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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SOURCE Farmmi, Inc.