GUANGZHOU, China--()--Sino Agro Food, Inc. (Pink Sheet:SIAF), an emerging integrated, diversified agriculture technology and organic food company with subsidiaries operating in China, is pleased to announce its Joint Venture, QingHai, HuangYuan, SanJing APower United Corporation Ltd. has begun beef cattle operations.
“Sino Agro Food, Inc. Announces Construction Begins on HuangYuan China, SanJing Joint Venture Agriculture Project”
All renovations on staff quarters have been completed at the project site. Management and staff have begun moving on site to begin start-up operations. Over fifty labor personnel and management are expected to be on site by the end of November.
The Joint Venture project also recently completed construction on two cattle houses and yards. The Joint Venture has also received its first 110 head of cattle. The herd is aged between 5 and 6 months old. Additional head will be added as more cattle houses and yards are completed. Fattening operations over the next 5 months are expected to bring the herd to an average body weight of 500Kg per head.
For more information visit our previous press releases regarding this project, “Sino Agro Food, Inc. Announces Construction Begins on HuangYuan China, SanJing Joint Venture Agriculture Project” and “HuangYuan, China Government to Increase Resources and Subsidies to SanJing Joint Venture Agriculture Project.”
Mr. Lee Solomon, Sino Agro Food, Inc. CEO, stated, “Progress at the HaungYuan site continues to move ahead of schedule. With our first herd on site, we can begin to prepare for our first deliveries of beef to market mid next year. These beef sales combined with stock feed and fertilizer sales already underway will begin to provide a boost to our bottom line in 2010.”
Beacon Equity Research recently published an equity report providing an overview of Sino Agro Food, Inc. This report may be viewed at http://siafchina.com/download/SIAF.pdf. Additional information about the Company may be obtained at http://www.pinksheets.com.
ABOUT SINO AGRO FOOD, INC.
Sino Agro Food, Inc. (“SIAF”) (http://www.siafchina.com) is an integrated, diversified agricultural technology and organic food company focused on developing, producing and distributing agricultural products in the Peoples Republic of China. The Company intends to focus on meeting the increasing demand of China’s rising middle class for gourmet and high-quality food items. Current lines of business include the manufacture and distribution of Bio-Organic Fertilizer and Stock-Feed, as well as, fisheries, dairies, and Hylocereus Undatus plantations. SIAF’s products are produced to meet the high organic quality standards of the United Kingdom. SIAF is owner of a patented process; the conversion of corn stalk into high quality feed for livestock and is the “Master Licensee” for China with exclusive right to a patented Bacterial used in converting food based agriculture produce wastes into nutritional feed products that are also applicable in the manufacturing of Bio-Organic fertilizer. The Company also holds the “Master License” for China on a modern re-circulating Aquaculture Technology “A Power RAS Technology” that has the capacity to commercially grow quality table fish and seafood free from chemical and pollution in enclosed modules on land in a system designed to promote economic sustainability and viability. Currently the Company has total employment of 520 persons of which 60 are skilled and experienced management staff.
FORWARD LOOKING STATEMENTS
This release contains certain “forward-looking statements” relating to the business of SIAF and its subsidiary companies, which can be identified by the use of forward-looking terminology such as “believes, expects” or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on SIAF’s current expectations and beliefs concerning future developments and their potential effects on SIAF. There can be no assurance that future developments affecting SIAF will be those anticipated by SIAF. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. SIAF undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

