PINGTAN MARINE ENTERPRISE LTD. (NASDAQ:PME) Files An 8-K Results of Operations and Financial Condition
Item 9.01
| 99.1 | Press Release of Pingtan Marine Enterprise Ltd., dated March 15, 2019. |
Pingtan Marine Enterprise Ltd. Exhibit
EX-99.1 2 f8k031519ex99-1_pingtan.htm PRESS RELEASE OF PINGTAN MARINE ENTERPRISE LTD.,…
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About PINGTAN MARINE ENTERPRISE LTD. (NASDAQ:PME)
Pingtan Marine Enterprise Ltd. is a marine enterprises company. The Company, through its subsidiary, Fujian Provincial Pingtan County Ocean Fishing Group Co., Ltd. (Pingtan Fishing), is primarily engaged in ocean fishing. The Company harvests a range of fish species with its owned and licensed vessels operating within the Indian Exclusive Economic Zone and the Arafura Sea of Indonesia. The Company provides seafood to its customers, including distributors, restaurant owners and exporters in the People’s Republic of China (PRC). The Company owns approximately 110 trawlers, four longline fishing vessels, two squid jigging vessels and two drifters, and has exclusive operating license rights to 20 drifters. The Company catches approximately 30 different species of fish, including ribbon fish, Indian white shrimp, croaker fish, pomfret, Spanish mackerel, conger eel, squid and red snapper. The Company’s catch is shipped back to China.
