fuwei films reschedules reporting of its financial results for the fourth quarter and full year of 2018
\"Rich micro film\" or \"Company\")
A manufacturer and distributor of high-tech
China\'s premium BOPET plastic film company has announced that due to administrative issues reviewing its annual report to the United StatesS.
The US Securities and Exchange Commission (sec) previously announced that it failed to recover its financial performance on Tuesday, April 23, 2019.
The company is working with auditors on these matters and will provide updated reporting dates and times as soon as possible.
About the development, manufacture and distribution of Fuwei film
High-quality plastic film using two-way stretching Technology, also known as BOPET film (
2-way stretch polyethylene (pet).
Fuwei\'s BOPET film is widely used in packaging food, medicine, cosmetics, tobacco and alcohol, as well as in the imaging, electronic and magnetic products industry.
Security HarborThis press release contains information that constitutes forwarding
According to a statement issued by the safe harbor provisions of the private enterprise Litigation Reform Act of 1995, there are risks.
Risk factors that may lead to this discrepancy include these issues disclosed in the company\'s report to the United StatesS.
Securities and Exchange Commissions, including short and long term, among other things
The long-term impact of the global financial crisis on companies and the film industry
Competition in the BOPET film industry
The growth and risk of BOPET film industry in China
Uncertainty about future profitability and our ability to get enough financing for planned capital expenditure needs;
Uncertainty about our ability to continuously develop new BOPET film products and keep up with changes in BOPET film technology;
Risks associated with possible defects and errors in our products;
The uncertainty of our ability to protect and enforce intellectual property rights;
There is uncertainty about our ability to attract and retain qualified executives and people;
And the uncertainty of access to raw materials on time and on acceptable conditions, especially given the volatility in the prices of petroleum products in recent years. Theforward-
The information provided here represents the company\'s estimate of the date of the press release, and subsequent events and developments may result in a change in the company\'s estimate.
The Company expressly denies any obligation to forward updates
Looking for information in the future.
So this one
Any date after the date of this press release, should not rely on information representing the company\'s future financial performance estimates.
The actual results of our operation may be very different from the information contained in the forward direction.
Forward-looking statements resulting from risk factors.
For more information, please contact: China: Xiaoli you Investor Relations Office Tel: 86-133-615-
59266 mailbox: Fu Weifeng @ Fu Weifeng moviecomIn the U. S.
: Worldview silver investment Phone Number: 1-646-284-
9474 mail: Shiwei. yin@grayling.
Original content: Yuanfu micro film (Holdings)Co. , Ltd.