SkyPeople Fruit Juice Announces Results of its Annual Shareholders Meeting
XI'AN, China, Sept. 30, 2013
XI'AN, China, Sept. 30, 2013 /PRNewswire/ -- SkyPeople Fruit Juice, Inc.
(NASDAQ: SPU) ("SkyPeople" or "the Company"), a producer of fruit juice
concentrates, fruit juice beverages and other fruit-related products, today
announced that it held its 2013 Annual Meeting of Shareholders (the "Annual
Meeting") on September 30, 2013 at the Company's principal executive offices
at 10:00 A.M., Xi'an local time as previously announced.
At the Annual Meeting, the Company's shareholders were asked to vote on a
proposal to elect seven directors to serve as members of the Board of
Directors until the 2014 Annual Meeting of Stockholders or until their
successors are elected and qualified. The shareholders elected Messrs. Yongke
Xue, Norman Ko, Tao Wang, John W. Smagula, Baosheng Lu, Hongke Xue and Guolin
Wang as members of the Board of Directors of the Company by a plurality of the
The Company's shareholders also ratified a proposal for the appointment of
Paritz & Company, P.A. as the Company's independent registered accounting firm
for the fiscal year ending on December 31, 2013.
About SkyPeople Fruit Juice, Inc.
SkyPeople Fruit Juice, Inc., a Florida company, through its wholly-owned
subsidiary Pacific Industry Holding Group Co., Ltd. ("Pacific"), a Vanuatu
company, and SkyPeople Juice International Holding (HK) Ltd., a company
organized under the laws of Hong Kong Special Administrative Region of the
People's Republic of China and a wholly owned subsidiary of Pacific, holds
99.78% ownership interest in SkyPeople Juice Group Co., Ltd. ("SkyPeople
(China)"). SkyPeople (China), together with its operating subsidiaries in
China, is engaged in the production and sales of fruit juice concentrates,
fruit beverages, and other fruit related products in the PRC and overseas
markets. Its fruit juice concentrates are sold to domestic customers and
exported directly or via distributors. Fruit juice concentrates are used as a
basic ingredient component in the food industry. Its brands, "Hedetang" and
"SkyPeople," which are registered trademarks in the PRC, are positioned as
high quality, healthy and nutritious end-use juice beverages. For more
information, please visit http://www.skypeoplefruitjuice.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 People's Republic
of China, 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.
For more information, please contact:
Xin Ma, CFO
SkyPeople Fruit Juice, Inc.
Tel: China + 86 - 29-8837-7161
SOURCE SkyPeople Fruit Juice, Inc.
Contact: INVESTOR RELATIONS, David Rudnick, Account Manager, CCG Investor
Relations, Tel: US +1- 646-626-4172, Email: email@example.com, Web:
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