CHINA GREEN AGRICULTURE ANNOUNCES RECEIPT OF NYSE CURE LETTER
13 November 2023 - 11:00PM
China Green Agriculture, Inc. (NYSE: CGA) (“China Green
Agriculture” or the “Company”) announced today that, on November 9,
2023 the Company received a notice letter from the New York Stock
Exchange (“NYSE”) stating that the Company is back in compliance
with the NYSE continued listing standards set forth in Section 302
of the NYSE Company Guide. The NYSE’s letter comes after the
Company held an annual meeting for the fiscal years ended June 30,
2022, and June 30, 2021, resolving the deficiency set forth in
NYSE’s July 12, 2023 notification letter.
As a result, on November 10, 2023, the Below
Compliance (“BC”) indicator had ceased to be disseminated for the
Company. The Company will then be removed from the list of issuers
noncompliant with NYSE corporate governance listing standards
posted on https://www.nyse.com/regulation/noncompliant-issuers and
the BC indicator will be removed from the profile, data and news
pages of the Company’s security.
About China Green Agriculture, Inc
The Company produces and distributes humic acid-based compound
fertilizers, other varieties of compound fertilizers and
agricultural products through its wholly-owned subsidiaries, i.e.:
Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. (“Jinong”),
Beijing Gufeng Chemical Products Co., Ltd (“Gufeng”) and variable
interest entities. In 2023, the Company started to purchase digital
asset mining machines and established Antaeus Tech Inc. (“Antaeus”)
in the State of Delaware and mined digital assets bitcoins in the
State of Texas. For more information, visit http://www.cgagri.com.
The Company routinely posts important information on its
website.
Safe Harbor Statement
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
concerning the Company’s business, products and financial results.
The Company’s actual results may differ materially from those
anticipated in the forward-looking statements depending on a number
of risk factors including, but not limited to, the following:
general economic, business and environment conditions; development,
shipment, market acceptance, additional competition from existing
and new competitors; interest rate and currency exchange rate
fluctuations; the impact of the recent global outbreak of novel
coronavirus disease (COVID-19); technological advances, new
products attained by competitors; challenges inherent in new
product development; the company’s ability to accurately predict
future market conditions; manufacturing difficulties or delays;
financial instability of economies and sovereign risk; dependence
on the effectiveness of the company’s protections for innovative
products; the exposure to litigation and/or regulatory actions, and
various other factors beyond the Company’s control.
All forward-looking statements are expressly qualified in their
entirety by this Safe Harbor Statement and the risk factors
detailed in the Company’s reports filed with the SEC. China Green
Agriculture undertakes no duty to revise or update any
forward-looking statements to reflect events or circumstances after
the date of this release, except as required by applicable law or
regulations.
For more information, please contact:
China Green Agriculture, Inc.Tel: +86-29-88266383Email:
info@cgagri.com
China Green Agriculture (NYSE:CGA)
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