CHANGGE CITY, China, June 16 /PRNewswire-Asia/ -- Zhongpin Inc. (Nasdaq: HOGS) ("Zhongpin" or the "Company"), a leading meat and food processing company in the People's Republic of China ("China"), today announced that the Company was honored with an Award of Excellence by the Provincial Government in Henan Province.
The Award of Excellence is presented annually to the top 100 private enterprises in Henan Province and represents the highest honor for local private enterprises. The award is based on each company's product quality, distribution logistics, technological advancement, management capabilities, and overall contribution to society. This award further validates Zhongpin's strong market presence and growing brand recognition in Henan Province. The Company will continue to deliver high-quality products and increase its market share through product development and brand building efforts.
"We are honored to receive this prestigious award from the Provincial Government of Henan Province. We constantly strive to achieve excellence in our quality control, product development, and distribution processes," said Mr. Xianfu Zhu, chairman and CEO of Zhongpin. "As the world economy begins to slowly recover, we are optimistic about the future growth prospects for pork and prepared meat products in China. Our newly expanded chilled pork and fruits and vegetables facilities are well equipped to meet the growing demand for our products while we continue to penetrate existing and target markets."
About Zhongpin
Zhongpin is a meat and food processing company that specializes in pork and pork products, and fruits and vegetables in China. Its distribution network in China spans 20 provinces and 4 cities with special legal status, and includes over 3,097 retail outlets. Zhongpin's export markets include the European Union and Southeast Asia. For more information, contact CCG Investor Relations directly or go to Zhongpin's website at http://www.zpfood.com .
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Certain statements in this press release and oral statements made by Zhongpin on its conference call in relation to this release constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These statements include, without limitation, statements regarding our expectations of future consumer demand, ability to prepare the Company for growth, predictions and guidance relating to the Company's future financial performance. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs, but these projections also involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, which may include, but are not limited to, such factors as, unanticipated changes in product demand, interruptions in the supply of live pigs/raw pork, downturns in the Chinese economy, delivery delays, freezer facility malfunctions, poor performance of the retail distribution network, changes in applicable regulations, and other information detailed from time to time in the Company's filings and future filings with the United States Securities and Exchange Commission. You are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. The forward-looking statements made herein speak only as of the date of this press release and the Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.
For more information, please contact:
Crocker Coulson, President
CCG Investor Relations
Tel: +1-646-213-1915
Email: crocker.coulson@ccgir.com
Web: http://www.ccgirasia.com
Feng Wang, Chief Financial Officer
Zhongpin Inc.
Tel: +86-10-8286-1788
Email: ir@zhongpin.com
Web: http://www.zpfood.com
