WEIFANG, China PRNewswire-FirstCall Asia 9 December 2010 /-Street International, Inc. (Nasdaq: YUII) ("Street" or "the Company"), leading provider of chicken days reared for the production of meat or broiler People's Republic of China ("cpp"), announced today that the company took its internal investor relations functions to meet the needs of its business expansion and investor communications needs.
In the initiative, the company ceased to outsource its functions IR CCG Elite Investor Relations ("GCC"), which had been used for external IR consultant of the company since May 2008. In addition, the company terminated the contract service with Mr. Jason Wang, who had been serving as Director of investor relations company since July 2009, based on mutual understanding between the parties.
Serena Wu has been appointed internal Investor Relations Manager society, who will report directly head global financial company for investor relations issues. Ms. Wu joined Street August 2010 as Assistant to the Director, financial and widely recognized by management and corporate investors. Prior to joining Street, Ms. Wu served as IR Manager internal Hollysys Automation technologies, Inc. (Nasdaq: HOLI), where she played a vital role in supporting the Hollysys to internalize and streamlining its IR functions and increase its market capitalization $ 150 million to $ 600 million. To his position at Hollysys, Ms. Wu had an extensive IR exhibitions including drafting press releases organize presentations and investor teleconferences, coordinate road, performances etc. Ms. Wu worked also as trade finance analyst at a consulting firm in Toronto for two years before back to China to join Hollysys. Ms. Wu graduated from the University of Toronto and a double-degree in economics and finance and is fluent in English and mandarin.
Mr. Zhentao Gao, CEO of street, commented, "is a strategic decision to street to its investor relations internal functions in the company to become a public company leading strategic objective." In the wake of requirements for future growth of the company, street is committed to adopt best practices in not only the management of its business, but also in improving its public corporate functions. We have already internalized our functions of public reporting since the third quarter of this year, and we do the same for our IR functions. We expect more of our progress on this aspect share with investors in the near future. »
"Having internalized investor relations team will enable the company to provide a more thorough understanding of the company as our internal IR will get practical commitments with our aspects of the enterprise global sales, operations and management to investors." We are very pleased to have Ms. Wu join our IR team. His experience, passion for results, language skills and team spirit are important assets for this function.
"Here I am giving and special thanks to our company already committed IR external, CCG and IR Director, Mr. Jason Wang, for their exceptional services to the company during their respective leases," continued Mr. Gao, "we really appreciate the CCG and Jason for their contributions to society." Their commitments laid important foundations in our first stage of development in the capital market. We wish them every success in their future endeavors. "
Words of street international, Inc.
Yuhe International Inc. is one of the largest producers broiler days in China. Founded in 1996, the company operates in the midst of the commercial broiler chicken supply chain, where he buys breeding farms breeder's parent, fires producing hatching eggs and hatching of eggs to live the old days, which are then sold by 38 distributors to end users, such as integrated and chicken broiler breeders companies chickens. Its head office in the province of Weifang, Shandong, the company has two operating subsidiaries, Weifang Street Poultry Co. Ltd. and Weifang Taihong Feed Co. Ltd., which the latter provides much internal demand for chicken feed company. Currently, the company has approximately 1400 employees with 33 farms rearing and hatchery facility 3. Approximately 90% of the current sales of the company are in Shandong province with a customer in 10 provinces in China. The company adopted the ISO9001 certification and operates the state-of-the-art, imported equipment complying with international standards of operation. For more information about the company and its products, please visit http://www.yuhepoultry.com.
Cautionary statement
This press release contains forward-looking statements regarding the business, products and the financial results of the company. Actual results the company may vary materially from those projected in the statements forward-looking depending on a number of risk factors, including, but not limited to, the following: general business and economic conditions, development, dispatch, acceptance on the market, additional competition from existing and new technological change competitors and other factors beyond its control. All forward-looking statements are expressly qualified in their entirety by this statement warning and factors of risk in the company's reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update forward-looking statements to take account any events or circumstances after the date of this version.
SOURCE Street International, Inc.
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