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Yea, I'm looking forward to another pump so I can short the snot out of it once again... management is slacking!!!! This chinese scam of a company is just pumping and dumping over and over until they go to zero. in a couple years when new regulations against chinese companies come in, they will be shut down. in the meantime, they are pumping nonnnn stop!!! dont get caught in the garbage!
Looking forward to hearing more about this grand opening!
Ms. Zeshu Dai, Chairwoman and Chief Executive Officer of the Company commented, "The grand opening of the first hot pot restaurant is a significant milestone for our company as it is our first step to explore a new market and reach out to more customers.
$PLIN
I'm extremely excited about this $PLIN News!
"The grand opening of the first hot pot restaurant is a significant milestone for our company as it is our first step to explore a new market and reach out to more customers. We plan to use a franchise model to open 200 restaurants with our own brand by 2021. We take pride ourselves in our existing industry resources and ability to provide consumers with a true farm-to-table experience. In the future, we will expand our hot pot chain and we believe it will become a key driver for our Company," commented Ms. Zeshu Dai, Chairwoman and Chief Executive Officer of the Company $PLIN
$PLIN today announced that the grand opening of its first hot pot restaurant will be held on August 28, 2020 in Chongqing, China. https://finance.yahoo.com/news/china-xiangtai-food-co-ltd-110000987.html
A great milestone completed for $PLIN!
China Xiangtai Food Co., Ltd. Announces Grand Opening of its First Hot Pot Restaurant in Chongqing
CHONGQING, China, Aug. 27, 2020 /PRNewswire/ -- China Xiangtai Food Co., Ltd. (NASDAQ: PLIN) ("PLIN" or the "Company"), an emerging growth company engaged in the food processing business, today announced that the grand opening of its first hot pot restaurant will be held on August 28, 2020 in Chongqing, China.
Ms. Zeshu Dai, Chairwoman and Chief Executive Officer of the Company commented, "The grand opening of the first hot pot restaurant is a significant milestone for our company as it is our first step to explore a new market and reach out to more customers. We plan to use a franchise model to open 200 restaurants with our own brand by 2021. We take pride ourselves in our existing industry resources and ability to provide consumers with a true farm-to-table experience. In the future, we will expand our hot pot chain and we believe it will become a key driver for our Company."
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. Primarily focused on pork products, the Company also offers other fresh and processed products, including beef, lamb and poultries. Through the recent acquisition of Chongqing Ji Mao Cang Feed Co., Ltd, the Company has also expanded into the business of feed raw material and feed formula solutions. 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.
Company Contact
Mr. Xiaohui Wu, President
China Xiangtai Food Co., Ltd.
Phone: +86-1860-117-0697
Email: ir@plinfood.com
Investor Relations Contact
Ms. Tina Xiao, President
Ascent Investor Relations LLC
Phone: +1-917-609-0333
Email: tina.xiao@ascent-ir.com
SOURCE China Xiangtai Food Co., Ltd.
Related Links
http://ir.plinfood.com/
$PLIN China Xiangtai Food Co., Ltd. Announces Grand Opening of its First Hot Pot Restaurant in Chongqing
CHONGQING, China, Aug. 27, 2020 /PRNewswire/ -- China Xiangtai Food Co., Ltd. (NASDAQ: PLIN) ("PLIN" or the "Company"), an emerging growth company engaged in the food processing business, today announced that the grand opening of its first hot pot restaurant will be held on August 28, 2020 in Chongqing, China.
Ms. Zeshu Dai, Chairwoman and Chief Executive Officer of the Company commented, "The grand opening of the first hot pot restaurant is a significant milestone for our company as it is our first step to explore a new market and reach out to more customers. We plan to use a franchise model to open 200 restaurants with our own brand by 2021. We take pride ourselves in our existing industry resources and ability to provide consumers with a true farm-to-table experience. In the future, we will expand our hot pot chain and we believe it will become a key driver for our Company."
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. Primarily focused on pork products, the Company also offers other fresh and processed products, including beef, lamb and poultries. Through the recent acquisition of Chongqing Ji Mao Cang Feed Co., Ltd, the Company has also expanded into the business of feed raw material and feed formula solutions. 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.
Company Contact
Mr. Xiaohui Wu, President
China Xiangtai Food Co., Ltd.
Phone: +86-1860-117-0697
Email: ir@plinfood.com
Investor Relations Contact
Ms. Tina Xiao, President
Ascent Investor Relations LLC
Phone: +1-917-609-0333
Email: tina.xiao@ascent-ir.com
Oh my...we are in on the ground floor here! Huge upside potential!
$PLIN
$PLIN | #ChinaXiangtaiFoodCompany Today's Blockbuster Sales News Could Spark Rally!
China Xiangtai Food Co., Ltd. (NASDAQ: PLIN )
Alert Price: $1.07
Price Target: $6.70 (Goldman Small Cap Research)
Float: 9.8M
Earlier we told you that we've identified a low-float Nasdaq listed alert with monster gain potential.
The Company is China Xiangtai Food Co., Ltd. (NASDAQ: PLIN ), and it deserves your immediate attention.
The world is changing rapidly.
This change is now affecting food supply chains.
As CNBC noted, “The meat supply chain is broken. Here’s why shortages are likely to last during the coronavirus pandemic”.
Through this dislocation, some companies might be presented with significant growth opportunity.
China Xiangtai Food Co., Ltd. (NASDAQ: PLIN ) could be one of those companies.
The Company:
Has A Razor Thin Float
A History Of Monster Single Day Moves
Has Tremendous Upside
Just Released Blockbuster Sales News
Just minutes ago, the Company announced that its controlled subsidiary Chongqing Ji Mao Cang Feed Co., Ltd. ("JMC") has completed approximately USD 5 million in sales of soybean meal between within one week. The Company entered into a purchase contract (the "Contract") with China Grain Reserve Corporation's ("Sinograin") Zhenjiang Branch to sell 12,000 tons of soybean meal to Sinograin. Soybean meal is produced by the residue after oil extraction and is used in food and animal feed as a protein supplement.
Ms . Zeshu Dai, Chairwoman and Chief Executive Officer of the Company commented, "We are pleased to generate such significant sales in one week's time and expects to maintain a stable sale to Sinograin in the future. Sinograin are very selective in choosing their suppliers and we are proud to be considered as their long-term business partner. By leveraging JMC's expertise in animal feed raw material and formula solutions and the Company's commercial strength, we are confident that this approach will be successful in expanding into the southwest China market and creating value for our shareholders."
Today's blockbuster news could spark a major rally for this low-float alert!
That being said, we suggest that you act now, and add PLIN to the top of your watchlist.
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. Primarily focused on pork products, the Company also offers other fresh and processed products, including beef, lamb and poultries. Through the recent acquisition of Chongqing Ji Mao Cang Feed Co., Ltd, the Company has also expanded into the business of feed raw material and feed formula solutions. 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.
We offer two main series of our products, namely the processed series and the fresh series.
We purchase live hogs through distributors who purchase hogs from well-known big hog farms located in different cities in southern China. We use an automated standard modern production line to slaughter the hogs and pack the fresh pork and byproducts. We deliver the fresh pork to local distributors who then resell the fresh pork to smaller wholesalers and retail vendors. Main products from the processed series include shredded meat, sliced meat, meat stuffing, pickled meat, lamb and offal, sausage, bacon, steamed meat, breaded chicken and spicy meat.
We also purchase fresh pork, beef, lamb, chicken, duck, and rabbit meat from local farmers. We process fresh pork, beef, lamb, chicken, duck, and rabbit meat into processed products. We sell fresh pork and processed meat products to both wholesale and retail markets. Main products from the fresh series include fresh pork and byproducts, beef, lamb, chicken, duck and rabbit meat.
Maintaining the highest industry standards for food safety, product quality and sustainability is one of our core values. We have food circulation permit and national industrial production certificate. Our operations comply with international standards and we have obtained a series of certifications, such as ISO9001, ISO22000 and HACCP. We have strict quality control systems in each segment of our value chain, from production through sales and distribution.
We have more than 200 employees. In our slaughterhouse and processing facility, we have a standardized and automatic production line for hog slaughtering and meat packing. We also have meat processing rooms and standardized freezers to process and store processed meat product. Our slaughtering plant in Linshui Industrial Park, Sichuan Province covers an area of 27,000 square meters. Our processing factory in Fuling, Chongqing, covering an area of 8,000 square meters. We have 6 registered trademarks in PRC .
We are committed to provide consumers with high-quality, nutritious and tasty products through our portfolio of trusted and well-known brands and to driving consumption trends, while setting a high industry standard in product quality and food safety.
For more information, please visit http://ir.plinfood.com/
PLIN Launches Hot Pot Restaurant Business
The Company aims to open 200 hot pot franchisees by the end of 2021
Earlier this month, the Company announced that it plans to launch a hot pot franchise business and plans to open its first location in Chongqing by August 31, 2020. The launch will allow the Company to integrate its existing industry resources and leverage its strength to provide consumers with a farm-to-table experience.
The Company plans to expand the hot pot chain by applying a franchise model and increase the number of restaurants to 200 by the end of 2021. All restaurants will be operated under Company's own brand "Xiangtai Fresh Beef Hot Pot". The Company plans to recruit a team of seasoned restaurateurs with more than 20 years of professional experience to manage and operate the franchise chain.
Ms . Zeshu Dai, Chairwoman and Chief Executive Officer of the Company commented, "We are excited about the launch of our hot pot restaurant franchise. We hope to meet the robust demand by supplying fresh and flavorful meat products on the retail level, thus creating additional revenue channels. Being competitive in the hot pot business requires high quality food supplies and extensive food industry experience, which are our strengths. We believe PLIN has tremendous potential and this new business will position the Company to create long-term value."
Xiaohui Wu , the President and Director of China Xiangtai Food , is Featured in a New Interview at SmallCapVoice.com
Plans to Increase Revenue and Profits from Internal Operations
Mr. Xiaohui Wu called in to SmallCapVoice.com, Inc. to go over the business model and markets served by his Company. In addition, Mr. Wu provided his personal comments on the recent news and upcoming events for the Company.
In the interview, Mr. Wu expanded on how the Company is handling the pork shortages in China, their continued path to vertical integration, how they are taking advantage of rising pork prices, and what direction the Company will take for the remainder of 2020. Recently, the Company announced that they have entered into a lease agreement (the "Agreement") to expand hog breeding business in Guangxi Province. Pursuant to the Agreement, the Company has agreed to rent a 2,500-square-meter hog breeding farm (the "Farm") with four hog breeding houses in Guangxi for five years until May 7, 2025.
Regarding the recently announced expansion into the hog breeding business, Mr. Wu stated, “This is really a particularly important development for our company since the goal of our company is to increase revenue and profits from our internal operations. Right now, the price of pork is extremely high making the hog breeding business especially profitable. This is just another sign of our commitment to vertical integration and expanding internal operations.”
PLIN Is An Award Winning Company
Earlier this monrth, PLIN was awarded the First Class Award of 2020 Excellent Chongqing International Food Enterprise Recommendation (the "Award") by Preferred Merchant (www.shouxuan18. cn ), an enterprise information integration and marketing platform that ranks enterprises in different industries and conducts strict field investigations and real-time monitoring of enterprises.
The Award aims to build a quality international food market, to lead the development of the international food industry, to enhance competitive advantages of international food companies, to cultivate a good market environment, to set up industry standards, and to promote a sustainable, steady and vigorous development of the Chinese international food industry. Also, the Award provides consumers with authoritative guidance and assistance, resulting in more rational consumption choices and saving time and energy for consumers.
"We are excited to win the Award. The recognition from Preferred Merchant reinforces our growing footprint locally, where we continue to increase our products offerings, ensure our products' quality, and attract more customers. The Award highlights the commitment and passion of our team to build an industry benchmark that meets consumers' needs for healthy and high-quality food," said Ms . Zeshu Dai, Chairman and Chief Executive Officer of the Company.
Ms . Dai continued, "Every year we receive multiple awards, and every one of them demonstrates the PLIN's exceptional reputation and market position. We are honored to receive the Award from Preferred Merchant and we believe it can help improve PLIN's branding awareness and expand our business."
Goldman Small Cap Research Slaps On $6.70 Price Target. Over +525% In Upside Potential
Analyst Rob Goldman from Goldman Small Cap Research, released a complete research report on the company with a $6.70 target.
Conclusion: PLIN has announced major initiatives which should substantially increase the Company’s financial performance and drive the stock toward our $6.70 price target, which reflects 13x our upwardly revised FY21 operating income forecast in our basic (non-roll up) P&L model.
PLIN closes accretive, complementary acquisition. In a matter of weeks, PLIN not only executed a highly profitable and accretive complementary business acquisition but closed on a major joint venture which provides the Company with unrivalled positioning through vertical integration. The acquisition in particular enables PLIN to expand the southwest market in China but also add roughly $70 million, or a 70% rise in annualized sales.
New, 10-year JV bolsters integration. Meanwhile, the recently announced a 10-year joint venture with Chongqing Fengjie County Rural Ecological Agriculture Development Co., Ltd. ("FEA") increases PLIN’s vertical integration by immediately adding hog breeding capabilities. Pork is a major food staple in China and PLIN is a leading provider throughout the food chain.
New forecasts, price target under review, more deals in the offing. Given the recent events, we have raised key forecasts and our price target is under review for a potential upgrade as well. Plus, it appears additional business development opportunities are in the offing later this year, enabling PLIN to establish a stronghold in this sector. Publicly traded pork companies such as Hormel are near year highs as this category serves as a popular defensive group during these difficult economic and market conditions. As a US-traded pure play on this sector in China, PLIN could follow a similar path.
Technical Analysis
We've done our very own chart analysis and see the potential for a big move from here!
The share structure also seems attractive to those looking for a ticker with tremendous upside potential!
Bullish Indicators:
Bullish break from down-trending channel while also reclaiming the 20 moving average as support.
Indicators also in reversal after bottoming.
Indicators bottomed and signaling a bullish reversal.
The Bottom Line
PLIN could be our next Nasdaq listed alert to run-up big.
The Company is in the midst of a major growth period, and has several bullish catalysts on the horizon.
Now may be the perfect time to take a closer look at PLIN
As always, we encourage you to do further research. Also, when you find yourself in a position to profit, it is often wise to do so.By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)
Best Regards,
What an awesome start to Hump Day!
$PLIN running hard on this massive news!
We all will be living large once we spark this short squeeze
You ready for wild ride
I feel the shorts are about to be crushed Short squeeze in the works
Holy soybeans Batman...this is massive news for a massive amount of soybeans!
$PLIN
$PLIN Global Animal Feed Additives Market On Target To Exceed $55 Billion By 2027 https://www.marketwatch.com/press-release/global-animal-feed-additives-market-on-target-to-exceed-55-billion-by-2027-2020-08-26-81973237?reflink=mw_share_twitter
$PLIN today announced that its controlled subsidiary Chongqing Ji Mao Cang Feed Co., Ltd. ("JMC") has completed approximately USD 5 million in sales of soybean meal between within one week. https://finance.yahoo.com/news/china-xiangtai-food-co-ltd-110000822.html
Ms. Zeshu Dai, $PLIN Chairwoman and Chief Executive Officer of the Company commented,
$PLIN News: China Xiangtai Food Co., Ltd. Completes Approximately US$5 Million Sales of 12,000 tons of Soybean Meal Within a Week #Supplier
PR Newswire August 26, 2020
CHONGQING, China, Aug. 26, 2020 /PRNewswire/ -- China Xiangtai Food Co., Ltd. (NASDAQ: PLIN) ("PLIN" or the "Company"), an emerging growth company engaged in the food processing business, today announced that its controlled subsidiary Chongqing Ji Mao Cang Feed Co., Ltd. ("JMC") has completed approximately USD 5 million in sales of soybean meal between within one week. The Company entered into a purchase contract (the "Contract") with China Grain Reserve Corporation's ("Sinograin") Zhenjiang Branch to sell 12,000 tons of soybean meal to Sinograin. Soybean meal is produced by the residue after oil extraction and is used in food and animal feed as a protein supplement.
Ms. Zeshu Dai, Chairwoman and Chief Executive Officer of the Company commented, "We are pleased to generate such significant sales in one week's time and expects to maintain a stable sale to Sinograin in the future. Sinograin are very selective in choosing their suppliers and we are proud to be considered as their long-term business partner. By leveraging JMC's expertise in animal feed raw material and formula solutions and the Company's commercial strength, we are confident that this approach will be successful in expanding into the southwest China market and creating value for our shareholders."
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. Primarily focused on pork products, the Company also offers other fresh and processed products, including beef, lamb and poultries. Through the recent acquisition of Chongqing Ji Mao Cang Feed Co., Ltd, the Company has also expanded into the business of feed raw material and feed formula solutions. 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.
Company Contact
Mr. Xiaohui Wu, President
China Xiangtai Food Co., Ltd.
Phone: +86-1860-117-0697
Email: ir@plinfood.com
Investor Relations Contact
Ms. Tina Xiao, President
Ascent Investor Relations LLC
Phone: +1-917-609-0333
Email: tina.xiao@ascent-ir.com
View original content:http://www.prnewswire.com/news-releases/china-xiangtai-food-co-ltd-completes-approximately-us5-million-sales-of-12-000-tons-of-soybean-meal-within-a-week-301118320.html
SOURCE China Xiangtai Food Co., Ltd.
China Xiangtai Food Co., Ltd. Completes Approximately US$5 Million Sales of 12,000 tons of Soybean Meal Within a Week
https://www.prnewswire.com/news-releases/china-xiangtai-food-co-ltd-completes-approximately-us5-million-sales-of-12-000-tons-of-soybean-meal-within-a-week-301118320.html
Not sure about the shorts but there's been a lot of accomplishments recently. $PLIN putting all the pieces together to build a strong company!
This should be at $1.50 easy
Looks like it’s ready to bounce and shorts cover
Looking for confirmation from the $PLIN chart.
I really like what I have found in my DD...plus this interview was interesting and informative.
$PLIN News July 30, 2020
Xiaohui Wu, the President and Director of China Xiangtai Food, is Featured in a New Interview at SmallCapVoice.com
https://finance.yahoo.com/news/xiaohui-wu-president-director-china-120000044.html
PLIN looks like a veritable steal at these prices. They are growing at lightening speed and profitably.
That sounds like a great concept for a restaurant!
These new directors should help get this new concept restaurant off the ground!
News August 18, 2020
China Xiangtai Food Co., Ltd. Announces Appointments of New Independent Directors
https://finance.yahoo.com/news/china-xiangtai-food-co-ltd-110000516.html
$PLIN China Xiangtai aims to open 200 hot pot franchisees by the end of 2021
CHONGQING, China, Aug. 13, 2020 /PRNewswire/ -- China Xiangtai Food Co., Ltd. (NASDAQ: PLIN) ("PLIN" or the "Company"), an emerging growth company engaged in the food processing business, today announced that it plans to launch a hot pot franchise business and plans to open its first location in Chongqing by August 31, 2020. The launch will allow the Company to integrate its existing industry resources and leverage its strength to provide consumers with a farm-to-table experience.
The Company plans to expand the hot pot chain by applying a franchise model and increase the number of restaurants to 200 by the end of 2021. All restaurants will be operated under Company's own brand "Xiangtai Fresh Beef Hot Pot". The Company plans to recruit a team of seasoned restaurateurs with more than 20 years of professional experience to manage and operate the franchise chain.
Ms. Zeshu Dai, Chairwoman and Chief Executive Officer of the Company commented, "We are excited about the launch of our hot pot restaurant franchise. We hope to meet the robust demand by supplying fresh and flavorful meat products on the retail level, thus creating additional revenue channels. Being competitive in the hot pot business requires high quality food supplies and extensive food industry experience, which are our strengths. We believe PLIN has tremendous potential and this new business will position the Company to create long-term value."
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. Primarily focused on pork products, the Company also offers other fresh and processed products, including beef, lamb and poultries. Through the recent acquisition of Chongqing Ji Mao Cang Feed Co., Ltd, the Company has also expanded into the business of feed raw material and feed formula solutions. 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.
Company Contact
Mr. Xiaohui Wu, President
China Xiangtai Food Co., Ltd.
Phone: +86-1860-117-0697
Email: ir@plinfood.com
Investor Relations Contact
Ms. Tina Xiao, President
Ascent Investor Relations LLC
Phone: +1-917-609-0333
Email: tina.xiao@ascent-ir.com
Cision
Cision
More
View original content:http://www.prnewswire.com/news-releases/china-xiangtai-food-co-ltd-launches-hot-pot-restaurant-business-301109713.html
SOURCE China Xiangtai Food Co., Ltd.
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China Xiangtai Food Co., Ltd. Wins the First Class Award of 2020 Excellent Chongqing International Food Enterprise Recommendation
PR Newswire PR Newswire•August 3, 2020
CHONGQING, China, Aug. 3, 2020 /PRNewswire/ -- China Xiangtai Food Co., Ltd. (NASDAQ: PLIN) ("PLIN" or the "Company"), an emerging growth company engaged in the food processing business, today announced that the Company was awarded the First Class Award of 2020 Excellent Chongqing International Food Enterprise Recommendation (the "Award") by Preferred Merchant (www.shouxuan18.cn), an enterprise information integration and marketing platform that ranks enterprises in different industries and conducts strict field investigations and real-time monitoring of enterprises.
The Award aims to build a quality international food market, to lead the development of the international food industry, to enhance competitive advantages of international food companies, to cultivate a good market environment, to set up industry standards, and to promote a sustainable, steady and vigorous development of the Chinese international food industry. Also, the Award provides consumers with authoritative guidance and assistance, resulting in more rational consumption choices and saving time and energy for consumers.
"We are excited to win the Award. The recognition from Preferred Merchant reinforces our growing footprint locally, where we continue to increase our products offerings, ensure our products' quality, and attract more customers. The Award highlights the commitment and passion of our team to build an industry benchmark that meets consumers' needs for healthy and high-quality food," said Ms. Zeshu Dai, Chairman and Chief Executive Officer of the Company.
Ms. Dai continued, "Every year we receive multiple awards, and every one of them demonstrates the PLIN's exceptional reputation and market position. We are honored to receive the Award from Preferred Merchant and we believe it can help improve PLIN's branding awareness and expand our business."
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. Primarily focused on pork products, the Company also offers other fresh and processed products, including beef, lamb and poultries. Through the recent acquisition of Chongqing Ji Mao Cang Feed Co., Ltd, the Company has also expanded into the business of feed raw material and feed formula solutions. 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.
Company Contact:
Mr. Xiaohui Wu, President
China Xiangtai Food Co., Ltd.
Phone: +86-1860-117-0697
Email: ir@plinfood.com
Investor Relations Contact
Ms. Tina Xiao, President
Ascent Investor Relations LLC
Phone: +1-917-609-0333
Email: tina.xiao@ascent-ir.com
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View original content:http://www.prnewswire.com/news-releases/china-xiangtai-food-co-ltd-wins-the-first-class-award-of-2020-excellent-chongqing-international-food-enterprise-recommendation-301104363.html
SOURCE China Xiangtai Food Co., Ltd.
$PLIN definitely put some thought into these appointments, looking to growth and provide shareholder value!
$PLIN China Xiangtai Food Co., Ltd. Announces Appointments of New Independent Directors
CHONQING, China, Aug. 18, 2020 /PRNewswire/ -- China Xiangtai Food Co., Ltd. (PLIN) ("PLIN" or the "Company"), an emerging growth company engaged in the food processing business, today announced that it has appointed Mr. K. Bryce Toussaint and Mr. Scott Silverman as independent directors of the Company effective August 1, 2020 and August 14, 2020, respectively.
Mr. Toussaint is a highly accomplished, result-driven entrepreneur with more than 20 years of business experience, including extensive work in providing merger and acquisition consulting, raising capital (equity and debt), project and corporate finance, private equity due diligence and accounting systems integration, with an emphasis in the energy (renewable, E&P, and midstream), manufacturing, nutraceutical and technology industries. He is well versed on SEC rules and regulations as well as Generally Accepted Accounting Principles (GAAP) promulgated by the Financial Accounting Stands Board.
Mr. Silverman has over 25 years of business success on national and international levels, with a highly diverse knowledge of financial, legal and operations management, public company management, accounting and SEC regulations. Mr. Silverman specializes in establishing and streamlining back-office policies and procedures and implementing sound financial management and internal controls necessary for enterprise growth and scalability. Mr. Silverman has orchestrated investor exits for multiple companies, including direct participation in taking 7 companies public. He has also assisted in raising over $35 million for client companies, both public and private.
Ms. Zeshu Dai, Chairwoman and Chief Executive Officer of the Company commented, "We are honored to have Mr. K. Bryce Toussaint and Mr. Scott Silverman joining us as new independent directors. We regularly evaluate our board composition to ensure it includes the appropriate skills, experience and perspective necessary to drive growth for all PLIN's shareholders. The appointments reflect a thoughtful and deliberate process by our management team."
Ms. Dai continued, "Mr. K. Bryce Toussaint and Mr. Scott Silverman are joining us at an exciting time as we continue to push our strategic transformation plans forward and build closer and wider relationships with customers to fulfill our ultimate goal of maintaining the highest standards of food safety, product quality, and sustainability to provide high-quality, nutritious, and tasty food in a responsible manner. We are confident that Mr. Toussaint's financial expertise and public company experience, along with Mr. Silverman's finance expertise will provide valuable perspectives to our strategy, help drive profitability and enhance value for all PLIN's shareholders. We look forward to their contributions."
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. Primarily focused on pork products, the Company also offers other fresh and processed products, including beef, lamb and poultries. Through the recent acquisition of Chongqing Ji Mao Cang Feed Co., Ltd, the Company has also expanded into the business of feed raw material and feed formula solutions. 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.
Company Contact
Mr. Xiaohui Wu, President
China Xiangtai Food Co., Ltd.
Phone: +86-1860-117-0697
Email: ir@plinfood.com
Investor Relations Contact
Ms. Tina Xiao, President
Ascent Investor Relations LLC
Phone: +1-917-609-0333
Email: tina.xiao@ascent-ir.com
https://c212.net/c/img/favicon.png?sn=LN94665&sd=2020-08-18View original content:http://www.prnewswire.com/news-releases/china-xiangtai-food-co-ltd-announces-appointments-of-new-independent-directors-301113665.html
SOURCE China Xiangtai Food Co., Ltd.
China Xiangtai Food Co., Ltd. Announces Appointments of New Independent Directors
CHONQING, China, Aug. 18, 2020 /PRNewswire/ -- China Xiangtai Food Co., Ltd. (NASDAQ: PLIN) ("PLIN" or the "Company"), an emerging growth company engaged in the food processing business, today announced that it has appointed Mr. K. Bryce Toussaint and Mr. Scott Silverman as independent directors of the Company effective August 1, 2020 and August 14, 2020, respectively.
Mr. Toussaint is a highly accomplished, result-driven entrepreneur with more than 20 years of business experience, including extensive work in providing merger and acquisition consulting, raising capital (equity and debt), project and corporate finance, private equity due diligence and accounting systems integration, with an emphasis in the energy (renewable, E&P, and midstream), manufacturing, nutraceutical and technology industries. He is well versed on SEC rules and regulations as well as Generally Accepted Accounting Principles (GAAP) promulgated by the Financial Accounting Stands Board.
Mr. Silverman has over 25 years of business success on national and international levels, with a highly diverse knowledge of financial, legal and operations management, public company management, accounting and SEC regulations. Mr. Silverman specializes in establishing and streamlining back-office policies and procedures and implementing sound financial management and internal controls necessary for enterprise growth and scalability. Mr. Silverman has orchestrated investor exits for multiple companies, including direct participation in taking 7 companies public. He has also assisted in raising over $35 million for client companies, both public and private.
Ms. Zeshu Dai, Chairwoman and Chief Executive Officer of the Company commented, "We are honored to have Mr. K. Bryce Toussaint and Mr. Scott Silverman joining us as new independent directors. We regularly evaluate our board composition to ensure it includes the appropriate skills, experience and perspective necessary to drive growth for all PLIN's shareholders. The appointments reflect a thoughtful and deliberate process by our management team."
Ms. Dai continued, "Mr. K. Bryce Toussaint and Mr. Scott Silverman are joining us at an exciting time as we continue to push our strategic transformation plans forward and build closer and wider relationships with customers to fulfill our ultimate goal of maintaining the highest standards of food safety, product quality, and sustainability to provide high-quality, nutritious, and tasty food in a responsible manner. We are confident that Mr. Toussaint's financial expertise and public company experience, along with Mr. Silverman's finance expertise will provide valuable perspectives to our strategy, help drive profitability and enhance value for all PLIN's shareholders. We look forward to their contributions."
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. Primarily focused on pork products, the Company also offers other fresh and processed products, including beef, lamb and poultries. Through the recent acquisition of Chongqing Ji Mao Cang Feed Co., Ltd, the Company has also expanded into the business of feed raw material and feed formula solutions. 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.
Company Contact
Mr. Xiaohui Wu, President
China Xiangtai Food Co., Ltd.
Phone: +86-1860-117-0697
Email: ir@plinfood.com
Investor Relations Contact
Ms. Tina Xiao, President
Ascent Investor Relations LLC
Phone: +1-917-609-0333
Email: tina.xiao@ascent-ir.com
SOURCE China Xiangtai Food Co., Ltd.
China Xiangtai Food Co., Ltd. (NASDAQ:PLIN) Launches Hot Pot Restaurant Business Aims to Open 200 Hot Pot Franchisees by the End of 2021
The Company plans to expand the hot pot chain by applying a franchise model and increase the number of restaurants to 200 by the end of 2021.
Chongqing, China -- (ReleaseWire) -- 08/16/2020 -- China Xiangtai Food Co., Ltd. (NASDAQ: PLIN) ("PLIN" or the "Company"), an emerging growth company engaged in the food processing business, today announced that it plans to launch a hot pot franchise business and plans to open its first location in Chongqing by August 31, 2020. The launch will allow the Company to integrate its existing industry resources and leverage its strength to provide consumers with a farm-to-table experience.
The Company plans to expand the hot pot chain by applying a franchise model and increase the number of restaurants to 200 by the end of 2021. All restaurants will be operated under Company's own brand "Xiangtai Fresh Beef Hot Pot". The Company plans to recruit a team of seasoned restaurateurs with more than 20 years of professional experience to manage and operate the franchise chain.
Ms. Zeshu Dai, Chairwoman and Chief Executive Officer of the Company commented, "We are excited about the launch of our hot pot restaurant franchise. We hope to meet the robust demand by supplying fresh and flavorful meat products on the retail level, thus creating additional revenue channels. Being competitive in the hot pot business requires high quality food supplies and extensive food industry experience, which are our strengths. We believe PLIN has tremendous potential and this new business will position the Company to create long-term value."
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. Primarily focused on pork products, the Company also offers other fresh and processed products, including beef, lamb and poultries. Through the recent acquisition of Chongqing Ji Mao Cang Feed Co., Ltd, the Company has also expanded into the business of feed raw material and feed formula solutions. 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.
Company Contact
Mr. Xiaohui Wu, President
China Xiangtai Food Co., Ltd.
Phone: +86-1860-117-0697
Email: ir@plinfood.com
Investor Relations Contact
Ms. Tina Xiao, President
Ascent Investor Relations LLC
Phone: +1-917-609-0333
Email: tina.xiao@ascent-ir.com
SOURCE China Xiangtai Food Co., Ltd.
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I believe there is only one reason for PLIN PPS to be at this depressed level. Distrust in financials and general negativity due to the Geo-political environment The U.S. Senate passed the Holding Foreign Companies Accountable Act, which requires the Securities Exchange Commission to prohibit the trading of companies whose auditor has not been under the inspection of the Public Company Accounting Oversight Board (PCAOB). PLIN's consolidated financial statements were audited by a PCAOB-inspected public accounting firm. Once this sinks in PLIN is going to be a nice ride up from here. Grossly undervalued!
Something is up. Large block buyers in the $1.35 up to $1.40 range. Probably close strong from here. Big buyers accumulating and small sellers profit taking.
From Yahoo. Some stuff about what PLIN is doing to expand rapidly as a roll up. Their financials look great. I guess we can add the Hot Pot restaurant business to the list as well.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 20-F
· China Xiangtai Food Co., Ltd., a Cayman Islands exempted company (“Xiangtai Cayman” or the “Company” when individually referenced);
· WVM Inc., a British Virgin Islands company (“Xiangtai BVI” when individually referenced)
· CVS Limited (“Xiangtai HK” when individually referenced), a Hong Kong company that is a wholly owned subsidiary of Xiangtai BVI;
· Chongqing Jinghuangtai Business Management Consulting Co., Ltd. (also known as “???????????????”) “Xiangtai WFOE” when individually referenced), a PRC wholly foreign-owned enterprise and a wholly owned subsidiary of Xiangtai HK;
· Guangan Yongpeng Food Co., Ltd. (also known as “??????????”) (“GA Yongpeng” when individually referenced), a PRC company and a wholly owned subsidiary of Xiangtai WFOE;
· Chongqing Penglin Food Co., Ltd. (also known as “??????????”) (“CQ Penglin” when individually referenced), a PRC company and a variable interest entity (“VIE”) contractually controlled by Xiangtai WFOE;
· Chongqing Pengmei Supermarket Co., Ltd. also known as “??????????”) (“CQ Pengmei” when individually referenced), a PRC company and a wholly owned subsidiary of Xiangtai WFOE;
· Xiangtai WFOE, CQ Penglin, GA Yongpeng and CQ Pengmei are collected referred to as the “PRC entities” hereafter
$PLIN China Xiangtai Food Co., Ltd. Launches Hot Pot Restaurant Business
The Company aims to open 200 hot pot franchisees by the end of 2021
https://www.prnewswire.com/news-releases/china-xiangtai-food-co-ltd-launches-hot-pot-restaurant-business-301109713.html
theres no interest in shorting OR buying... its just gradually fading and a waste of time.
Thanks, if it shoots up $.50 I am selling on the way up? Stay in touch. I do not know much about shorting. Would like to learn. You seem to know what you are talking about. I am done buying. Just holding now at PPS I feel very comfortable. If PLIN has no interest in shorting at this PPS that is great for me! IF PPS goes up $.50 I will be shorting along with you. You have changed my perspective.
? Nobody cares to short PLIN right now. It is not in play and illiquid. When it puts out another paid promo and shoots up .50 cents I will for sure short it as insiders will dump massively within the first 30 minutes as they always do.
Until then PLIN is just fading away.
Yea, you sound like all those investors of PRED that were all in Lol. PRED was in bed with Chinese companies as well. It is an OTC, but PLIN is Chinese. Same family in my book.
I go by odds. Paid promo and paid pump campaigns from a Chinese company? How do we know the finances are correct? Were they audited by a US firm? No! No way for us to know and China isn't going to enforce anything. The SEC has no reach over there. PLIN just fraudulently makes it up. Did you see LK recently? PLIN Is like the crippled baby cousin of LK.
Yawn. I've seen too many paid promo Chinese companies like PLIN that people fall for. Very sad actually. It's all a scam.
Could you answer a question for me? I am curious. I can only find very minor evidence of shorting. If you would take the time, will you direct me to where I can see this shorting activity? Within my resources I can not find it! Shorting seems to me is minimal.
Could you answer my question? I am curious. I can only find very minor evidence of shorting. If you would take the time, will you direct me to where I can see this shorting activity. Within my resources I can not find it!
No reference to XiangTai I could discern. Scary stuff though and definitely true. Thanks again. There are individuals and there are companies in ho-hum businesses who believe and try to make a difference. I think XiangTai is one of them and they will be rewarded. You will remember me. I am filled on PLIN. My allocation of funds related to buying PLIN was filled today. I still have not set a sell plan in place because I am a holder now. I will sell 20%, maybe even tomorrow, to stay in the trading game on this one. I will hold core position from here. Short away! Good luck! my man.
I'm sincere, I believe what you are saying big time! I have never thought from this perspective. I,in know way, consider you bashing. On the short side I do not understand. Truly, I want to learn. Why are there so many restrictions on investing in your terms. Merrill retirement accounts make this difficult. Why? Our brief encounter made me realize and I am no spring chicken. Thanks again. I love to learn.
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