News and Press Releases

Sino Agro Food, Inc. Changes Auditor

ECOVIS HK Resigns to Concentrate on Hong Kong Companies, Dropping All U.S. Public Companies

Jun 29, 2018

Sino Agro Food, Inc. (OTCQX: SIAF OSE: SIAF-ME) (the “Company”), is an integrated, diversified agriculture technology and organic food company with principal operations as a primary producer, processor and marketer of protein foods in the People's Republic of China.

ECOVIS David Yeung Hong Kong (“ECOVIS HK”) has informed the Company that his firm must resign as the Company’s independent registered public accounting firm due to its decision to discontinue handling auditing services for US public companies, mainly arising from its limited resources to serve the growing demand it is receiving from existing and new HK public registered company clients. The Company understands the situation and expresses its appreciation to ECOVIS HK for its dedicated service over the past three years.

As a result of ECOVIS HK’s resignation, on June 29, 2018, the Company appointed ZHEN HUI CPA ("ZHCPA") as its new independent registered public accounting firm.

ZHCPA provides a range of auditing services conducted under U.S. GAAP, IFRS, and Chinese accounting standards.  ZHCPA is registered with the Public Company Accounting Oversight Board (PCAOB), the Hong Kong Institute of Certified Public Accountants (HKICPA), and the Chartered Accountants in England and Wales (ICAEW). Further information regarding ZHCPA can be accessed via the web at http://zhenhuicpa.com

About Sino Agro Food, Inc.

SIAF is a specialized investment company focused on protein food. The Company produces, distributes, markets, and sells sustainable seafood and beef to the rapidly growing middle class in China. Activities also include production of organic fertilizer and produce. SIAF is a global leader in developing land based recirculating aquaculture systems (“RAS”), and with its partners is the world's largest producer of sustainable RAS prawns.

Founded in 2006 and headquartered in Guangzhou, the Company had over 550 employees and revenue of USD 198 million in 2017. Operations are located in Guangdong, Qinghai, and Hunan provinces, and in Shanghai.  Sino Agro Food is a public company listed on OTCQX U.S. Premier in the United States and on the Oslo Børs’ Merkur Market in Norway.

News and updates about Sino Agro Food, Inc., including key information, are published on the Company’s website (http://www.sinoagrofood.com), the Company’s Facebook page (https://www.facebook.com/SinoAgroFoodInc), and on twitter @SinoAgroFood.

 

Forward Looking Statements

This release may contain forward-looking statements relating to the business of SIAF and its subsidiary companies. All statements other than historical facts are forward-looking statements, which can be identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions. These statements involve risks and uncertainties that may cause actual results to differ materially from those anticipated, believed, estimated or expected. These risks and uncertainties are described in detail in our filings with the Securities and Exchange Commission. Forward-looking statements are based on SIAF’s current expectations and beliefs concerning future developments and their potential effects on SIAF. There is no assurance that future developments affecting SIAF will be those anticipated by SIAF. 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 required under applicable securities laws.

 

Investor Relations

Peter Grossman

+1 (775) 901-0344

info@sinoagrofood.com

 

Todd Fromer / Elizabeth Barker

+1 (212) 896-1215 / +1 (212) 896-1203

SIAF@kcsa.com

 

Nordic Countries

+46 (0) 760 495 885


print email rss