HEILONGJIANG, China, Sept. 8 /PRNewswire-Asia-FirstCall/ -- Yanglin Soybean, Inc. (OTC Bulletin Board: YSYB) (“Yanglin” or the “Company”), one of the leading domestic processors of soybean products in China, today announced that it hosted a research group from the American Soybean Association at the Company’s office in Harbin and conducted high-level discussions with members of the research group.
Mr. Shulin Liu, Chief Executive Officer of Yanglin Soybean and other senior members of the Company were on hand to receive their guests. The Company presented their view on the current operating environment, status of the production facilities, as well as conducted high-level discussions on strategies that can help the Company to continue to deliver the
highest-quality soybean products to end customers.
"The visit allowed our guests an opportunity to gain a better understanding of our operations, production capabilities and quality control. The exchange of ideas will help us to develop and foster a deeper and more meaningful relationship with our American counterparts,” said Mr. Shulin Liu, CEO of Yanglin Soybean, Inc. “Our soybean products have achieved
global-quality standards, and our strategic location gives us cost advantages which will benefit our customers. Yanglin is one of the few non-state owned domestic soybean processors in China promoting integration, technological advancement, and superior quality. We intend to increase our production capacity over the next several years to meet the growing demand for our quality soybean products both domestically and abroad."
About Yanglin
Yanglin Soybean, Inc. is one of the leading domestic soybean processors in China. The Company manufactures soybean oil, salad oil and soybean meal with an annual processing capacity of 520,000 metric tons in 2008. The Company’s products are sold directly to its customers or through distributors. Majority of Yanglin Soybean’s customers are located in Northern China.
Forward Looking Statement
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements in this press release and oral statements made by the Company 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 ability to prepare the company for growth, the Company’s planned capacity expansion and 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 they 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, pricing and demand trends for the Company’s products, changes to government regulations, risk associated with operation of the Company’s facilities, risk associated with large scale implementation of the company’s business plan, the ability to attract new customers, ability to increase its product’s acceptance, cost of raw materials, downturns in the Chinese economy, and other information detailed from time to time in the Company’s filings and future filings with the United States Securities and Exchange Commission. Investors 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:
Yanglin Soybean, Inc.
Mr. Bode Xu
Chief Financial Officer
Email: cfo@yanglinsoybean.com
Grayling
Eddie Cheung / Valentine Ding
Investor Relations
Tel: +1-646-284-9414
Email: eddie.cheung@us.grayling.com
valentine.ding@us.grayling.com
