NEW YORK, Jan. 19, 2016 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial markets, today announced Sino Agro Food, Inc. (or "SIAF") (OTCQX: SIAF), an agriculture technology and natural food holding company serving the People's Republic of China, has qualified to trade on the OTCQX® Best Market. SIAF upgraded to OTCQX from the OTCQB® Venture Market.
SIAF begins trading today on OTCQX under the symbol "SIAF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
"SIAF is developing natural, sustainable methods for producing high-quality seafood and beef to serve China's growing middle-class," said Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group. "We are pleased to welcome this innovative company to the OTCQX market and look forward to helping build its visibility in the U.S. investment market."
SIAF CEO Solomon Lee commented, "I am very pleased to have our Company's shares traded on the OTCQX U.S. Premier Market tier. Improving accessibility and liquidity, trading on OTCQX will create greater exposure to investment communities. This latest milestone enhances the Company's capacity to attract institutional investors, in line with the Company's goal to open additional opportunities toward shareholder value. We are proud of our story, delivering solid and growing financial returns providing natural, sustainable protein foods in China, and welcome the additional visibility afforded us through OTCQX U.S. Premier."
Sichenzia Ross Friedman Ference LLP serves as SIAF's OTCQX Advisor, responsible for providing professional guidance on OTCQX requirements and U.S. securities laws.
About Sino Agro Food, Inc.
Sino Agro Food develops and operates protein food production facilities in the People's Republic of China. The Company produces, distributes, markets, and sells sustainable seafood and beef to the rapidly growing middle class in China. Activities also include production of organic fertilizer and produce. The Company is a global leader in developing land based recirculating aquaculture systems ("RAS"), and with its partners is the world's largest producer of sustainable RAS prawns.
Founded in 2006 and headquartered in Guangzhou, the Company had over 550 employees and revenue of $404M in 2014. Operations are located in the provinces of Guangdong, Qinghai, Hunan, and Shanghai.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates Open, Transparent and Connected financial markets for 10,000 U.S. and global securities. Through our OTC Link® ATS, we directly link a diverse network of broker-dealers that provide liquidity and execution services for a wide spectrum of securities. We organize these securities into markets to inform investors of opportunities and risks: the OTCQX® Best Market; the OTCQB® Venture Market; and the OTC Pink® Open Market. Our data-driven platform enables investors to easily trade through the broker of their choice at the best possible price and empowers a broad range of companies to improve the quality and availability of information for their investors. To learn more about how we create better informed and more efficient financial markets, visit www.otcmarkets.com.
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Saskia Sidenfaden, OTC Markets Group Inc., +1 (212) 896-4428, firstname.lastname@example.org
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