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Pingtan Marine Enterprise Announces Launch of New Corporate Website

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FUZHOU, China, Feb. 27, 2014 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company") an integrated marine services company in the People's Republic of China (PRC), today announced the launch of a new version of its corporate and investor relations website at http://www.ptmarine.com.

The Company's newly enhanced website offers an overview of Pingtan's business operations, recent news developments, corporate governance and regulatory documents, stock and financial data, and other shareholder resources.

Pingtan's Chairman and CEO, Mr. Xinrong Zhuo, stated, "Our new website is a reflection of our continued commitment to being transparent and providing timely and relevant information. We also see the new website as a platform for us to better communicate with investors, and for them to better understand Pingtan's business and resources."

About Pingtan

Pingtan is a marine enterprises group, engaging in ocean fishing through its wholly-owned subsidiaries, Fujian Provincial Pingtan County Ocean Fishing Group Co., Ltd., or Pingtan Fishing.  Pingtan Fishing primarily engages in ocean fishing with many of its self-owned vessels operating within the Indian Exclusive Economic Zone and the Arafura Sea of Indonesia. Pingtan Fishing is a growing fishing company and provider of high quality seafood in the PRC.

Business Risks and Forward-Looking Statements

This press release may contain forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. In addition, please refer to the risk factors contained in the Company's SEC filings available at www.sec.gov, including the Company's most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Definitive Proxy Statement and Registration Statement on Form S-3. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Pingtan undertakes no obligation to update or revise any forward-looking statements for any reason.

CONTACT:

Roy Yu
Chief Financial Officer
Pingtan Marine Enterprise Ltd.
Tel: +86 591 87271753
[email protected]

INVESTOR RELATIONS:  

The Equity Group Inc.
Adam Prior, Senior Vice President
(212) 836-9606
[email protected]

In China
Katherine Yao, Associate
86 10 6587 6435
[email protected]

SOURCE Pingtan Marine Enterprise Ltd.