JIUQUAN, China, Feb. 16,
2023 /PRNewswire/ -- Qilian International Holding
Group Ltd (the "Company" or Nasdaq: QLI), a China-based pharmaceutical and chemical
products manufacturer, announced today that the Company has
declared a special one-time cash dividend of $0.05 per ordinary share, payable in cash on or
about March 6, 2023, to shareholders
of record on February 28, 2023.
"Despite the impacts of COVID-19 on us in our last fiscal year,
the Company maintained decent operating results and healthy cash
flow. We expect better financial results as China announced a rollback of its anti-COVID
measures." said Mr. Zhanchang Xin, CEO of the Company.
About Qilian International Holding Group Ltd
Qilian International Holding Group Ltd, headquartered in
Gansu, China, is a pharmaceutical
and chemical products manufacturer in China. It focuses on the development,
manufacture, marketing and sale of licorice products,
oxytetracycline products, traditional Chinese medicine derivatives
product, heparin product, sausage casings, and fertilizers. The
Company's products are sold in more than 20 provinces in
China. For more information, visit
the Company's website at http://ir.qlsyy.net.
Forward-Looking Statements
This press 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. When the Company uses words such as
"may, "will, "intend," "should," "believe," "expect," "anticipate,"
"project," "estimate" or similar expressions that do not relate
solely to historical matters, it is making forward-looking
statements. Forward-looking statements are not guarantees of future
performance and involve risks and uncertainties that may cause the
actual results to differ materially from the Company's expectations
discussed in the forward-looking statements. These statements are
subject to uncertainties and risks including, but not limited to,
the following: the Company's goals and strategies; the
Company's future business development; products demand and
acceptance; changes in technology; economic conditions; reputation
and brand; the impact of competition and pricing; government
regulations; fluctuations in general economic and business
conditions in China; the COVID-19
outbreak and its impact on our operations and assumptions
underlying or related to any of the foregoing and other risks
contained in reports filed by the Company with the Securities and
Exchange Commission. For these reasons, among others, investors are
cautioned not to place undue reliance upon any forward-looking
statements in this press release. Additional factors are discussed
in the Company's filings with the U.S. Securities and Exchange
Commission, which are available for review at www.sec.gov. The
Company undertakes no obligation to publicly revise these
forward-looking statements to reflect events or circumstances that
arise after the date hereof.
For media enquiries, please contact:
Yubin Jiang,
QLI@qlsyy.net.
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SOURCE Qilian International Holding Group Limited
