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SMALL BUSINESS
Yuhe International Inc. Approved to List on NASDAQ
PR Newswire
WEIFANG,
China ,
Oct. 29 /PRNewswire-Asia-FirstCall/ -- Yuhe International
Inc. (OTC Bulletin Board: YUII) ("Yuhe" or "the Company"), a leading supplier
of day-old chickens raised for meat production, or broilers, in
the People's
Republic of China ("PRC"), today announced that the Company received
authorization to list its common stock on the NASDAQ Capital Market.
Yuhe expects to begin trading on the NASDAQ Capital Market on
Friday,
October 30, 2009 , until which time its share will continue to trade on the
Over-the-Counter Bulletin Board. Yuhe will continue to trade with the stock
symbol "YUII" after its listing on NASDAQ.
"We are honored to list on our shares on NASDAQ, one of the world's
preeminent stock exchanges," commented Mr.
Zhentao Gao, Chief Executive
Officer of Yuhe International. "We view this upgrade as a significant
milestone in our Company's development and validation of our corporate
governance practices. As a result, we anticipate that our Company will attain
higher visibility within the investment community and media, improving our
stock's liquidity and attracting new shareholders."
About Yuhe International, Inc.
Founded in 1996, Yuhe is the second largest day-old broiler breeder in
Cautionary Statement
This press release contains forward-looking statements concerning the
Company's business, products and financial results. The Company's actual
results may differ materially from those anticipated in the forward-looking
statements depending on a number of risk factors including, but not limited to,
the following: general economic and business conditions, development, shipment,
market acceptance, additional competition from existing and new competitors,
changes in technology, and various other factors beyond the Company's control.
All forward-looking statements are expressly qualified in their entirety by
this Cautionary Statement and the risk factors detailed in the Company's
reports filed with the Securities and Exchange Commission. The Company
undertakes no duty to revise or update any forward-looking statements to
reflect events or circumstances after the date of this release.
For more information, please contact:
Yuhe International, Inc.
Mr. Vincent Hu, CFO
Tel: +86-536-7300-667
Email: vincent.hu@yuhepoultry.com
Mr. Jason Wang, Director of Investor Relations
Tel: +1-765-409-1844
Email: jason.wang@yuhepoultry.com
Web: http://www.yuhepoultry.com
CCG Investor Relations Inc.
Mr. Crocker Coulson, President
Tel: +1-646-213-1915 (New York)
Email: crocker.coulson@ccgir.com
Web: http://www.ccgirasia.com
SOURCE Yuhe International, Inc.
2009-10-29 08:30:00
COMMENTS ( 0 )
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