YGF
YanGuFang International Group Co Ordinary SharesYGF
YGF
Delisted
YGF was delisted on the 26th of March, 2024.
About: YanGuFang International Group Co Ltd is primarily engaged in the production, research and development, and sales of oat and grain products through its direct salesforce and distribution network. Its product portfolio is broadly categorized into oat series products including oat germ groats, oatmeal, oat flour, oat bran, some of which are organic or green food series, and oat nutrient and health series products including oat peptide series, dietary fiber powder, oat biscuits, oil series, oat hand cream, and soap, and oat toothpaste.
Employees: 309
Financial journalist opinion
Neutral
GlobeNewsWire
1 year ago
YanGuFang Announces Receipt of Nasdaq Notice of Deficiency Resulting from Resignation of Director
SHANGHAI, China, Jan. 25, 2024 (GLOBE NEWSWIRE) -- YanGuFang International Group Co., Ltd. (Nasdaq: YGF) (“YanGuFang” or the “Company”), a health food company primarily engaged in the production, sourcing, research, development, and sales and distribution of oat and grain products across China and internationally, today announced that it received a deficiency notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) on January 19, 2024. The deficiency cited by Nasdaq was due to the resignation of Mr. Jiangping Xiao, an independent director of the Company, from the board of directors (the “Board”) and the audit committee of the Board (the “Audit Committee”). As a result of the Resignation of Mr. Xiao, the Company is no longer in compliance with Nasdaq's independent director and audit committee requirements as set forth in Listing Rule 5605. The Notice states that, consistent with Listing Rule 5605(b)(1)(A) and 5605(c)(4), Nasdaq will provide the Company a cure period until the earlier of the Company's next annual shareholders' meeting or January 16, 2025 to regain compliance; provided that if the next annual shareholders' meeting is held before July 15, 2024, then the Company must evidence compliance no later than July 15, 2024.

Neutral
GlobeNewsWire
1 year ago
YanGuFang Provides Update on Its CEO and CFO and Operations
SHANGHAI, China, Jan. 10, 2024 (GLOBE NEWSWIRE) -- YanGuFang International Group Co., Ltd. (the “Company” or “YanGuFang”) (Nasdaq: YGF), a health food company primarily engaged in the production, sourcing, research and development, and sales and distribution of oat and grain products across China and internationally, today announced that the Company has been informed by the family members of Mr. Junguo He, the Chief Executive Officer (the “CEO”) and Chairman of the Board of Directors (the “Board”) of the Company, and Mr. Kui Shi, the Chief Financial Officer (the “CFO”) of the Company that the CEO and the CFO have been detained by certain Public Safety Bureau of Shanghai, China (“Shanghai Police”), and are currently under investigation by said Shanghai Police. As of the date of this announcement, the Company has not received any official notice of the investigation against Mr. He or Mr. Shi or the respective reasons for their detainment.

Neutral
GlobeNewsWire
1 year ago
YanGuFang Oatmeal Tops Sales Chart in Key Category on Douyin during the Double 11 Festival in China
SHANGHAI, China, Dec. 15, 2023 (GLOBE NEWSWIRE) -- YanGuFang International Group Co., Ltd. (the “Company” or “YanGuFang”) (Nasdaq: YGF), a health food company primarily engaged in the production, sourcing, research and development, and sales and distribution of oat and grain products across China and internationally, today announced that its oatmeal products ranked first in the “Meal Replacement Oatmeal” category and second in the “Instant Drink” category on Chinese e-commerce platform Douyin during the Double 11 online shopping festival, a nationwide online sales event held around November 11 each year.

Neutral
GlobeNewsWire
1 year ago
YanGuFang Expands Retail Presence in China's Supermarkets
SHANGHAI, China, Nov. 24, 2023 (GLOBE NEWSWIRE) -- YanGuFang International Group Co., Ltd. (the “Company” or “YanGuFang”) (Nasdaq: YGF), a health food company primarily engaged in the production, sourcing, research and development, and sales and distribution of oat and grain products across China and internationally, today announced the continued expansion of the Company's presence in China's supermarkets, including Yonghui, Century Mart and RT-MART, bringing YanGuFang's whole grain products to a wider range of consumers. Since the beginning of 2023, the Company has strategically expanded its footprint by establishing new partnerships with supermarkets across China. Simultaneously, the Company has continued to showcase and market its products in supermarkets in China such as Yonghui, Walmart, Century Mart, and RT-MART.

Neutral
GlobeNewsWire
1 year ago
YanGuFang Receives NASDAQ Notice Related to Late Filing of Form 20-F
SHANGHAI, China, Nov. 18, 2023 (GLOBE NEWSWIRE) -- YanGuFang International Group Co., Ltd. (the “Company” or “YanGuFang”) (Nasdaq: YGF), a health food company primarily engaged in the production, sourcing, research and development, and sales and distribution of oat and grain products across China and internationally, today announced that it has received a staff determination letter (the “Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company of its noncompliance with the Nasdaq Listing Rule 5250 (c)(1) for continued listing due to its failure to file its Annual Report on Form 20-F for the fiscal year ended June 30, 2023 (“Form 20-F”) in a timely manner.

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