SAN MATEO, CA--(Marketwired - Mar 14, 2016) - Armco Metals Holdings, Inc. ("Armco Metals " or "the Company") (NYSE MKT: AMCO), a distributor of imported metal ores and a steel recycler in China, today announced that the first shareholders' meeting of Shanghai Meng Yi Network Technology Co., Ltd.("Meng Yi") was held on March 1, 2016 in Shanghai.