JUNAN COUNTY, China, March 12, 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 its Beijing subsidiary has received two honorary awards from Ministry of Science and Technology and Beijing Science and Technology Committee, respectively.
Beijing Lorain was awarded the Beijing Entrepreneurial Center for Scientific Commissioners in March 2014, with only 5 enterprises in Beijing receiving this award by MOST (Ministry of Science and Technology). The initial application began in September 2013 and it is the first Ministry level award received by Beijing Lorain.
Beijing Lorain was also awarded the Beijing International Scientific Cooperation Center by Beijing Science and Technology Committee in March 2014. Twelve enterprises received this award under modern agriculture center category this time, with Beijing Lorain ranked number one in the category and being the only successful applicant in Miyun County, Beijing.
Mr. Si Chen, Chairman and CEO of American Lorain, commented: "We are very pleased to announce the successful grant of the two honorary awards. These awards further strengthen our corporate image as well as soft power and provide a strong aid to secure government support such as subsidies. We look forward to continued positive developments in our Beijing Subsidiary."
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.
Forward-Looking Statements
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
