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| 8-K - Deyu Agriculture Corp. | v205330_8k.htm |
FOR
IMMEDIATE RELEASE
Deyu
Agriculture Updates its Investor Presentation Materials
The
updated presentation reflects the Company’s strategy of adding higher
value-added, higher margin, branded processed grain based foods to its product
portfolio while also continuing to grow its corn processing
segment.
"As
Chinese consumers are becoming increasingly health and nutrition conscious, the
demand for high quality organic grain food is growing rapidly," said Mr.
Jianming Hao, Chairman and Chief Executive Officer of Deyu Agriculture. "We
believe this represents a tremendous growth opportunity for Deyu and are excited
about our recently announced agreements with Deyufarm, a manufacturer of instant
organic grain based packaged food in China. As a result of this affiliation,
Deyu will now market and distribute a range of branded instant organic grain
products including instant grain noodles, black buckwheat tea and ready-to-eat
soups.”
About
Deyu Agriculture Corp.
Deyu
Agriculture Corp. is a vertically integrated producer, processor, marketer and
distributor of organic and other agricultural products made from corn and grains
operating in the Shanxi Province of the People’s Republic of China. Deyu has
access to over 100,000 acres of farmland in the Shanxi Province for breeding,
cultivating, processing, warehousing, and distributing grain and corn products.
Deyu has an extensive retail distribution network of more than 8,500 retail
stores across China.
Deyu
Agriculture’s web site is located at www.deyuagri.com.
Safe
Harbor Statements
This
press release contains forward-looking statements made under the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward
looking statements are based upon the current plans, estimates and projections
of Deyu Agriculture's management and are subject to risks and uncertainties,
which could cause actual results to differ from the forward looking statements.
Such statements include, among others, those concerning market and industry
segment growth and demand and acceptance of new and existing products; any
projections of sales, earnings, revenue, margins or other financial items; any
statements of the plans, strategies and objectives of management for future
operations; any statements regarding future economic conditions or performance;
uncertainties related to conducting business in China, as well as all
assumptions, expectations, predictions, intentions or beliefs about future
events. Therefore, you should not place undue reliance on these forward-looking
statements. The following factors, among others, could cause actual results to
differ from those set forth in the forward-looking statements: business
conditions in China, general economic conditions; geopolitical events and
regulatory changes, availability of capital, changes in the agricultural
industry, the Company’s ability to maintain its competitive position. Additional
Information regarding risks can be found in the Company's Quarterly Report on
Form 10-Q and in the Company's recently filed Prospectus filed pursuant to Rule
424(b)(3) with the SEC.
Investor
Inquiries:
Company
Contact:
David
Lethem, Chief Financial Officer
Deyu
Agriculture Corp.
Tel:
+1-239-940-8889
E-mail:
david@china-deyu.com
Investor
Relations Contact:
Larry
Clark, Senior Vice President
Financial
Profiles, Inc.
Tel:
+1-310-478-2700 ext. 29
E-mail:
lclark@finprofiles.com
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