|By PR Newswire||
|February 5, 2014 09:00 AM EST|
JUNAN COUNTY, China, Feb. 5, 2014 /PRNewswire/ -- American Lorain Corporation (NYSE MKT: ALN) ("American Lorain" or the "Company"), an international processed snack foods, convenience foods, and frozen foods company based in the Shandong Province, China, today announced that it has received a purchase order in the amount of approximately $5 million from a renowned Turkish trading company.
American Lorain first commenced negotiating with the Turkish customer in December 2013 and after two rounds of on-site visits, the order was placed in late January. The order value was approximately $5 million and will be fulfilled by end of May.
Mr. Si Chen, Chairman and CEO of American Lorain, commented: "We are very pleased to accomplish a cooperation with our Turkish customer early in 2014; I am also very confident in the overall export sales in 2014. I believe the marketing efforts towards the global export markets as well as the growth of premium customer base will continue to establish American Lorain as a strong and growing international brand."
About American Lorain Corporation
American Lorain Corporation's products include chestnut products, convenience food products and frozen food products. The Company sells its products to most provinces in domestic China as well as numerous export markets in Asia and Europe. The Company operates through its five direct and indirect subsidiaries and one leased factory located in China. For further information about American Lorain Corporation, please visit the Company's website at http://www.americanlorain.com.
This press release contains certain "forward-looking statements" that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management's current expectations. Such factors include, but are not limited to, the Company's ability to obtain the necessary financing to continue and expand operations, to market its products in new markets and to offer products at competitive pricing, to attract and retain management, and to integrate and maintain technical information and management information systems, political and economic factors in the PRC, compliance requirement of laws and regulations of the PRC, the effects of currency policies and fluctuations, general economic conditions and other factors detailed from time to time in the Company's filings with the United States Securities and Exchange Commission and other regulatory authorities. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE American Lorain Corporation
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