CHANGGE CITY, China, June 20 /Xinhua-PRNewswire-FirstCall/ -- Zhongpin Inc. (Nasdaq: HOGS) (“Zhongpin”), a leading meat and food processing company in the People’s Republic of China (“PRC”), today announced that the company’s 2008 Annual Meeting of shareholders will be held on Thursday, June 26, 2008 at the company’s representative office in Beijing. The proxy materials and annual report on Form 10-K are available on Zhongpin’s website.
The time and venue of Zhongpin’s Annual Meeting are as follows:
Time: 10.00 am (Beijing Time)
Venue: Room 605 A, Tower A,
Raycom Info Tech Park,
No. 2 Kexueyuan South Road,
Haidian District, Beijing,
PRC 100190
At the annual meeting the following four proposals will be submitted for shareholders’ approval, fully described in the Proxy Statement issued on April 28, 2008:
1) To elect five directors to the company’s board of directors for the
next year and until their successors are elected;
2) To approve and ratify an amendment to the company’s Amended and
Restated 2006 Equity Incentive Plan to increase the number of shares
of the company’s common stock issuable thereunder by 700,000 shares;
3) To ratify the appointment of BDO Guangdong Dahua Delu Certified Public
Accountants (formerly BDO Shenzhen Dahua Tiancheng CPAs), independent
registered public accountants, as the company’s independent
auditors for fiscal year ending December 31, 2008;
4) To consider and act upon such other business as may properly come
before the meeting.
About Zhongpin
Zhongpin is a meat and food processing company that specializes in pork and pork products, and fruits and vegetables, in the PRC. Its distribution network in the PRC spans more than 20 provinces and includes over 2,900 retail outlets. Zhongpin’s export markets include the European Union, Eastern Europe, Russia, Hong Kong, Japan and South Korea. For more information, contact CCG Elite directly or go to Zhongpin’s website at http://www.zpfood.com .
Safe Harbor Under the Private Securities Litigation Reform Act of 1995: Certain statements in this press release constitute forward looking statements within the meaning of Federal securities laws. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are based upon the current beliefs and expectations of the company’s management and are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: 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.
For more information, please contact:
Yuanmei Ma, Chief Financial Officer
Zhongpin Inc.
Tel: +86-10-8286-1788
Email: zhongpin.ir@gmail.com
Web: http://www.zpfood.com
Crocker Coulson, President
CCG Elite
Tel: +1-646-213-1915
Email: crocker.coulson@ccgir.com
Web: http://www.ccgelite.com