Farmmi Expansion On-Track New Facility and Certification

Farmmi, Inc. (“Farmmi” or the “Company”) (NASDAQ: FAMI), an agriculture products supplier in China, today announced that its subsidiary, Zhejiang Farmmi Food Co., Ltd. (“Farmmi Food”), has moved into to a new production facility on the first floor at Farmmi’s No. 888 Tianning Street location in Lishui, Zhejiang Province. The new facility has already passed the important food production license onsite audit and certification (the “SC License”).

Farmmi Food made the move to the new facility to accommodate the necessary production capacity expansion needed to meet increased demand. The new facility features 1,478,000 square feet of advanced inspection, production, storage and shipping capacity, with a fully automated production line. Farmmi expanded the factory area on the first floor of its No. 888 Tianning Street location, while also continue to keep its facility at No 307 Tianning Industrial Area for storage purposes.

The SC License is required by the Chinese government for food production. It provides customers and supply chain partners important validation of Farmmi’s facility environment, production standards and process flow, equipment layout and storage conditions, and personnel health management protocols. With the SC License, Farmmi Food has started production in its new facility.

Ms. Yefang Zhang, Farmmi’s Chairwoman and CEO, commented, “We are very excited to receive certification of our new, state-of-the-art Lishui facility. We are very proud of how fast our team was able to design, build and secure all regulatory approvals in the current challenging environment. We are fully aligned with Government’s support of healthy food produced in a safe environment and industrial transformation. Our new facility will serve as a showcase for Farmmi’s vision of supporting customers and partners through technological innovation, as we work to reduce product costs and increase the supply of healthy foods. Finally, our new facility will keep our business expansion on-track by increasing our scale, capacity and efficiencies in order to meet higher customer demand levels.”

Source: Farmmi, Inc.