Zhongpin Presents Its Integrated Industrial and IT Advances to the Chinese Consumer Goods Industry Conference
July 30 2009 - 6:30AM
PR Newswire (US)
CHANGGE CITY and BEIJING, China, July 30
/PRNewswire-Asia-FirstCall/ -- Zhongpin Inc. ("Zhongpin", Nasdaq:
HOGS), a leading meat and food processing company in the People's
Republic of China, today announced that it presented Zhongpin's
experience in applying integrated industrial engineering and
information technologies at the "National Conference for Advances
in Industrial and Information Technologies Applied in the Consumer
Goods Industry." The conference was held by the Chinese Ministry of
Industry and Information Technology (MIIT) in Zhengzhou in Henan
province on July 15, 2009. Attending the conference were 79
representatives from many companies, plus senior officials from the
Chinese government. As the only company from Henan province to
present, Zhongpin was selected as the sole representative to
present within the domestic food processing industry. A total of 10
companies from diverse industries introduced and explained their
process engineering and IT innovations and results. Companies that
presented included the Haier Group, Qingdao Hong Ling Company,
Shanghai Metersbonwe Fashion & Accessories Co., and others.
Zhongpin's presentation was titled "Enhancing Competitiveness by
Applying Integrated Industrial Process Engineering and Information
Systems." Mr. Xianfu Zhu, Chairman and CEO of Zhongpin, said, "We
are very pleased to have been the only representative presenting
for the Chinese food processing industry at this influential and
high-profile conference. Being selected shows the MIIT's
recognition of the outstanding and innovative advances Zhongpin has
made in its integrated operations, management, and accounting IT
system and also highlights the kinds of major advances that can be
achieved by applying advanced industrial process technology to
China's food processing industry. "Zhongpin has invested
extensively to industrialize its traditional food processing and
has leveraged those industrial process advances with modern
information systems. The result is dramatically higher efficiency
and profitability, stronger competitiveness, and a new foundation
for sustainable long-term success. "Zhongpin's advances and
integration of industrial engineering and information technology,
applied to most of our processes, have resulted in Zhongpin having
the leading vertically integrated supply chain in the food
processing industry, which also ensures the very high quality and
safety of our products. We are confident these investments will
help maximize our value for shareholders and further strengthen our
customers' satisfaction and our market position in the food
processing and supply business." About Zhongpin Zhongpin Inc. is a
meat and food processing company that specializes in pork and pork
products, fruits, and vegetables in China. Its distribution network
in 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 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 about future
events and trends that it believes may affect its business
strategy, results of operations, financial condition, and financing
needs. These projections 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 downturns in the Chinese economy, unanticipated
changes in product demand, any effect from the A(H1N1) virus on
Zhongpin's market or sales, interruptions in the supply of live
pigs and or raw pork, poor performance of the retail distribution
network, delivery delays, freezer facility malfunctions, Zhongpin's
ability to build and commence new production facilities according
to intended timelines, the ability to prepare Zhongpin for growth,
the ability to predict Zhongpin's future financial performance and
financing ability, changes in regulations, and other information
detailed in Zhongpin's filings with the United States Securities
and Exchange Commission. You are urged to consider these factors
carefully in evaluating Zhongpin's forward-looking statements and
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 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
in Beijing Email: Christensen Mr. Yuanyuan Chen (English and
Chinese) Tel: +86-10-5971-2001 in Beijing Mobile: +86-139-2337-7882
in Beijing Email: Mr. Tom Myers (English) Mobile: +86-139-1141-3520
in Beijing Email: DATASOURCE: Zhongpin Inc. CONTACT: Zhongpin Inc.:
Sterling Song (English and Chinese), Investor Relations Manager at
+86-10-8286-1788 x101 in Beijing or ; Warren (Feng) Wang (English
and Chinese), Chief Financial Officer at +86-10-8286-1788 in
Beijing or ; Or, at Christensen: Yuanyuan Chen (English and
Chinese) at +86-10-5971-2001 in Beijing, Mobile: +86-139-2337-7882
in Beijing or ; Tom Myers (English), +86-139-1141-3520 in Beijing
or Web site: http://www.zpfood.com/
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