Zhongpin Opens New Prepared Pork Plant in Changge on December 26, 2009
January 04 2010 - 7:00AM
PR Newswire (US)
BEIJING and CHANGGE, China, Jan. 4 /PRNewswire-Asia-FirstCall/ --
Zhongpin Inc. ("Zhongpin", Nasdaq: HOGS), a leading meat and food
processing company in the People's Republic of China ("China"),
today announced it started production in its new prepared pork
products plant in Changge, in Henan province, on December 26, 2009.
The new Changge plant will have an annual capacity of 36,000 metric
tons for prepared pork products. With this addition, Zhongpin will
have 90,000 metric tons of annual capacity in its three Changge
plants for prepared pork products. Mr. Xianfu Zhu, Chairman and CEO
of Zhongpin, said, "Our new plant opened right on schedule and has
started its initial production of convenient pork products that are
ready-to-eat or easy-to-cook, including sausages, meatballs, and
Chinese-style meats. These products are especially flavorful,
wholesome, and designed for everyone's daily busy schedules. The
new plant uses all our modern systems to guarantee the highest
quality and safety of our products." The new Changge plant will
supply to most of Zhongpin's current retail locations, restaurant
chains, hotels, and other institutional customers in several
regional markets in China. Zhongpin is an industry leader in
modernizing meat production by selecting, integrating, and applying
the most modern industrial process engineering, quality assurance,
biological validation, cold-chain logistics, and information
technology systems. As a result, Zhongpin's production system
maintains the highest level of food quality and food safety in
every step of its process -- from farm to fork. About Zhongpin
Zhongpin Inc. is a meat and food processing company that
specializes in pork and pork products, vegetables, and fruits in
China. Its distribution network in the China covers 20 provinces
plus Beijing, Shanghai, Tianjin, and Chongqing and includes more
than 3,000 retail outlets. Zhongpin's export markets include the
European Union and Southeast Asia. For more information about
Zhongpin, please visit Zhongpin's website at http://www.zpfood.com/
. Safe harbor statement Certain statements in this news release,
such as those relating to increasing production capacity, are
forward-looking statements made under the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Zhongpin has
based its forward-looking statements largely on its current
expectations and projections. Forward-looking statements involve
inherent risks and uncertainties that could cause actual results to
differ materially from those in the forward-looking statements. You
are cautioned not to place undue reliance on those forward-looking
statements, which are qualified in their entirety by this
cautionary statement. All information provided in this news release
is as of the date of this news release. Zhongpin does not undertake
any obligation to update any forward-looking statement as a result
of new information, future events or otherwise, except as required
by law. For more information, please contact: Zhongpin Inc. Mr.
Sterling Song (English and Chinese) Investor Relations Manager Tel:
+86-10-8286-1788 x101 in Beijing Email: Mr. Warren (Feng) Wang
(English and Chinese) Chief Financial Officer Tel: +86-10-8286-1788
x104 in Beijing Email: Web: http://www.zpfood.com/ Christensen Mr.
Yuanyuan Chen (English and Chinese) Mobile: +86-139-2337-7882 in
Beijing Email: Mr. Tom Myers (English) Mobile: +86-139-1141-3520 in
Beijing Email: Ms. Kathy Li (English and Chinese) Tel:
+1-212-618-1978 in the USA Email: DATASOURCE: Zhongpin Inc.
CONTACT: Zhongpin Inc., Sterling Song (English and Chinese),
Investor Relations Manager, +86-10-8286-1788 x101 in Beijing, , or
Warren (Feng) Wang (English and Chinese), Chief Financial Officer,
+86-10-8286-1788 x104 in Beijing, ; Christensen, Yuanyuan Chen
(English and Chinese), +86-139-2337-7882 in Beijing, , or Tom Myers
(English), +86-139-1141-3520 in Beijing, , or Kathy Li (English and
Chinese), +1-212-618-1978 in the USA, Web site:
http://www.zpfood.com/
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