Yuhe International Takes Investor Relations Functions In-House
WEIFANG, China,Dec. 9, 2010 /PRNewswire-Asia-FirstCall/ -- Yuhe International, Inc. (YUII:$8.26,00$-0.30,00-3.50%) , a leading supplier of day-old chicken raised for meat production, or broilers, in the People's Republic of China ("PRC"), today announced that the Company has taken its Investor Relations functions in-house to accommodate its growing business expansion and investor communications needs.
In connection with the initiative, the Company has ceased to outsource its IR functions to CCG Elite Investor Relations ("CCG"), who had been serving as the Company's external IR consultant since May 2008. In addition, the Company has terminated the service contract with Mr. Jason Wang, who had been serving as the Company's Investor Relations Director since July 2009, based on the parties' mutual understandings.