CHINA GREEN AGRICULTURE ANNOUNCES RECEIPT OF NYSE CURE LETTER
01 Setembro 2021 - 8:00AM
China Green Agriculture, Inc. (NYSE: CGA) (“China Green
Agriculture” or the “Company”) announced today that, on August 31,
2020 the Company received a notice letter from the New York Stock
Exchange (“NYSE”) stating that the Company is back in compliance
with the NYSE American continued listing standards set forth in
Section 704 of the NYSE American Company Guide. The NYSE’s letter
comes after the Company held an annual meeting for the fiscal years
ended June 30, 2019 and June 30, 2020, resolving the deficiency set
forth in NYSE’s July 14, 2020 notification letter.
As a result, on September 1, 2021, the Below Compliance (“BC”)
indicator will cease to be disseminated for the Company. The
Company will then be removed from the list of issuers noncompliant
with NYSE American corporate governance listing standards posted on
https://www.nyse.com/regulation/noncompliant-issuers and the BC
indicator will be removed from the profile, data and news pages of
the Company’s security.
About China Green Agriculture, Inc
The Company produces and distributes humic acid-based compound
fertilizers, other varieties of compound fertilizers and
agricultural products through its wholly-owned subsidiaries, i.e.:
Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. (“Jinong”),
Beijing Gufeng Chemical Products Co., Ltd (“Gufeng”) and a variable
interest entities: Xi’an Hu County Yuxing Agriculture Technology
Development Co., Ltd. (“Yuxing”), Shaanxi Lishijie Agrochemical
Co., Ltd. (“Lishijie”), Songyuan Jinyangguang Sannong Service Co.,
Ltd. (Jinyangguang”), Shenqiu County Zhenbai Agriculture Co., Ltd.
(“Zhenbai Argi”), Weinan City Linwei District Wangtian Agricultural
Materials Co., Ltd. (“Wangtian”), and Anhui Fengnong Seed Co. Ltd.
(Fengnong). For more information, visit http://www.cgagri.com. The
Company routinely posts important information on its website.
Safe Harbor Statement
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
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, business and environment conditions; development,
shipment, market acceptance, additional competition from existing
and new competitors; interest rate and currency exchange rate
fluctuations; the impact of the recent global outbreak of novel
coronavirus disease (COVID-19); technological advances, new
products attained by competitors; challenges inherent in new
product development; the company’s ability to accurately predict
future market conditions; manufacturing difficulties or delays;
financial instability of economies and sovereign risk; dependence
on the effectiveness of the company’s protections for innovative
products; the exposure to litigation and/or regulatory actions, and
various other factors beyond the Company’s control.
All forward-looking statements are expressly qualified in their
entirety by this Safe Harbor Statement and the risk factors
detailed in the Company’s reports filed with the SEC. China Green
Agriculture undertakes no duty to revise or update any
forward-looking statements to reflect events or circumstances after
the date of this release, except as required by applicable law or
regulations.
For more information, please contact:
China Green Agriculture, Inc. Tel: +86-29-88266383 Email:
info@cgagri.com
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