WUHAN CITY, China, June 2,
2016 /PRNewswire/ -- Aoxin Tianli Group, Inc. (NASDAQ:ABAC)
("Aoxin Tianli" or the "Company"), a leading producer of breeder
hogs, market hogs and black hogs, as well as specialty processed
black hog pork products sold through retail outlets and the
internet, today announced that upon the recommendation of Mrs.
Hanying Li, its Board of Directors
has elected Mr. Wocheng Liu as a Director, the Chairman of the
Board, and Co- Chief Executive Officer of the Company. Mrs.
Li has resigned from her position as Chairperson of the Company,
effective immediately, to accommodate the election of Mr. Liu. Mrs.
Li will remain with Aoxin Tianli as a member of the Board of
Directors and Co-Chief Executive Officer. Mrs. Li and Mr. Liu will
have equal responsibility and authority as Co-CEOs, with Mrs. Li
focusing on internal operations and Mr. Liu on external affairs and
business development.
Bringing over 30 years of work experience in both the public and
private sectors, Mr. Liu is recognized as an individual with
extensive knowledge in corporate governance, operational
management, and business development. Mr. Liu joined Aoxin Tianli
from Hubei Aoxin Science & Technology Group Co., Ltd. where he
most recently served as Executive President. Mr. Liu holds a
Master's degree in engineering from Luoyang Refractory Materials
Research Institute and a bachelor's degree in chemistry from
Yancheng Normal College.
Mr. Liu commented: "I am honored and humbled to take up the
torch and look forward to working with Mrs. Li and other senior
management members of Aoxin Tianli to take the Company to the next
level. While Mrs. Li and I share the same vision of growing the
Company through both organic growth and selective acquisitions
along the hog farming/ pork industry value chain, we are also
equally confident about the long-term prospects of the hog
farming/pork industry in China and
believe significant growth and shareholder values can be achieved
through the Aoxin Tianli platform."
About Aoxin Tianli Group, Inc.
Aoxin Tianli Group, Inc. (the "Company"), previously known as
Tianli Agritech, Inc., is in the business of breeding, raising and
selling breeder and market hogs in China. The Company also sells specialty
processed black hog pork products through supermarkets and other
retail outlets, as well as the internet.
Forward-Looking Statements
This news release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. These statements are subject to
uncertainties and risks including, but not limited to, product and
service demand and acceptance, changes in technology, economic
conditions, the impact of competition and pricing, government
regulations, and other risks contained in reports filed by the
company with the Securities and Exchange Commission. All such
forward-looking statements, whether written or oral, and whether
made by or on behalf of the Company, are expressly qualified by
this cautionary statement and any other cautionary statements which
may accompany the forward-looking statements. In addition, the
Company disclaims any obligation to update any forward-looking
statements to reflect events or circumstances after the date
hereof.
For more information, please contact:
Tina Xiao
Weitian Group LLC
Phone: +1-917-609-0333
Email: tina.xiao@weitian-ir.com
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SOURCE Aoxin Tianli Group, Inc.
