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VANCOUVER - Smart farming company Pinnacle Food Group Limited (NASDAQ:PFAI), which has achieved impressive revenue growth of 56.6% over the last twelve months and maintains a market capitalization of $22.35 million, has appointed Dunruo Andrew Zhu as President of Asia Pacific, effective immediately, according to a press release issued Thursday.
Zhu brings over 30 years of commercial real estate experience to the role, having previously served as Senior Managing Director of CBRE China and as Co-Founder and President of E-Commercial China, a commercial real estate services provider in the Greater China region.
In his new position, Zhu will report directly to CEO Jiulong You and oversee Pinnacle Food’s regional business operations across Asia Pacific, focusing on growth acceleration and market share expansion.
"Mr. Zhu’s deep industry knowledge and leadership experience make him the ideal choice to lead our Asia Pacific operations," said CEO You in the statement.
Zhu expressed his enthusiasm about joining the company, stating, "I am honored to join Pinnacle Food Group and lead its expansion in Asia Pacific."
Pinnacle Food Group, incorporated in the Cayman Islands, specializes in smart hydroponic growing systems and technical support services for individual households, community groups, and urban farms. The company provides both hardware solutions and data-driven support to optimize smart farming productivity. According to InvestingPro analysis, PFAI maintains a strong balance sheet with more cash than debt, though its stock has experienced significant volatility, declining 43.28% over the past six months.
The appointment comes as part of the company’s strategy to strengthen its presence in key Asia Pacific markets. For detailed insights and additional metrics on PFAI’s financial health and growth prospects, explore InvestingPro, which offers 12 more exclusive tips for this stock.
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