Jiuquan, China, Jan. 14, 2021 (GLOBE NEWSWIRE) — Qilian International Holding Group Limited (the “Company”) (Nasdaq: QLI), a China-based pharmaceutical and chemical products manufacturer, today
announced the closing of its initial public offering (“Offering”) of 5,000,000 ordinary shares at a public offering price of US$5.00 per share.

The Company received aggregate gross proceeds of US$25