China Marine Food Group Ltd. on Friday responded to shareholder concerns over the possibility of radiation contamination of its seafood supplies, as Japan works to bring its tsunami-crippled nuclear power plants under control.
“Our supplies of raw fish and seafood come from the Taiwan Strait, which is located between Taiwan and Fujian Province, China and thus pose no threat of contamination,” said Pengfei Liu, CEO and chairman of China Marine. “In addition, this area maintains a separate ocean current from those of the East Japan Sea. According to the nuclear radiation-monitoring station in Shanghai, large-scale and long-distance radiation spread is unlikely as the primary containment vessel and fuel rods in the nuclear plant in Japan were not damaged. Under the current circumstances, only those residents within 110 miles of the nuclear plant will be affected.
“Furthermore, there has been no disruption in the buying pattern of our customers and we do not anticipate one will occur,” added Liu.
China Marine manufactures Mingxiang® seafood-based snack foods and Hi-Power-branded marine algae-based beverages as well as distributes frozen seafood.
