American Lorain Corp., an international processed foods company based in Shandong Province, People’s Republic of China, announced that it has received authorization to list its common stock on the NYSE Amex Exchange and will begin trading on Tuesday, September 8, 2009 under the ticker symbol “ALN.”
“Moving from the OTC BB to NYSE Amex is a major milestone for American Lorain, as we strive to improve liquidity and transparency for our shareholders. Trading on NYSE Amex is also an important endorsement of the Company as a major player in the food processing industry in China and helps us build credibility with our customers worldwide,” stated Mr. Si Chen, CEO and Chairman of American Lorain.
He continued, “We are excited and honored to join the NYSE Amex group of companies and expect to attract additional interest from the investment community following our listing on this senior exchange. We wish to thank our management team, dedicated employees, shareholders and loyal customers for their ongoing support.”
“We are pleased to welcome the listing of American Lorain Corporation, a major processed foods company, on NYSE Amex,” added Michael Yang, Chief Representative of Beijing Office, NYSE Euronext. “We look forward to a lasting partnership with the company and its shareholders.”