News and Press Releases

Sino Agro Food, Inc. Completes 2008-2009 Audit and is Invited to Present in Stockholm, Sweden

Sep 30, 2010

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 management and its investor relations staff will be traveling to Stockholm, Sweden on November 18th, 2010 to present to a variety of brokers, private investors and institutional investors at an event sponsored by the Jordan Fund. The Company has also completed the audit of its 2008 and 2009 financial statements bringing the Company current with its annual audited reports. The reports have been published to

2008 Audited Annual Report

2009 Audited Annual Report

Representatives of the Jordan Fund visited with management and toured all Company operations in mid August of this year. The Jordan Fund and its members have informed the Company that as of September 28th they have collectively acquired a 17.5% equity position in the Company’s common stock through purchases made on the open market.

Mr. Nils-Erik Sandberg, Chairman of the Jordan Fund, stated, “Our delegation recently visited all of Sino Agro Foods operations in China and was extremely impressed by what we saw and of the official people we met. That includes the quality of the different operations, the quality of the different food produced, the first class ecological thinking underlying all operations, the financial way of building up the company and the future fast increasing operations in all sectors, the very good profit being created, the good relations with all levels of rule-building politicians and bank, the long tax holiday situation due to `going by the book', and the high level of the leading company people we met all around.”

Mr. Lee Solomon, Sino Agro Food, Inc. CEO, stated, “I would like to thank Mr. Sandberg, the members of the Jordan Fund and the individual investors that came to China to tour our operations. We would also like to thank the Jordan Fund for providing us the opportunity to present our Company in Sweden. Our current investor relation strategy is to continue building institutional investment in our common stock in order to maintain a strong market and reduce our cost of capital. We are also very grateful for the support and patience of our shareholders during our efforts to become a fully reporting Company and qualify for listing on a senior exchange. It has taken us longer than anticipated but I am pleased to say we are in the final stages of comments from our attorney with regards to the draft Form 10 and our audits for 2008 and 2009 are now complete and published.”


The Jordan Fund ( is a collective group of private independent investors based in Sweden. Nils-Erik Sandberg who studied under and later worked together with the late Adolf H. Lundin, founded the Jordan Fund in 1963 as the investment portfolio of the famed Ängby Sportklubb. The fund was named after its honorary Chairman and patron, King Hussein of Jordan. The Jordan Fund now manages the named portfolio and is adviser to its members and to the Swedish public Stockpicker/JF commodity-energy fund. The Jordan Fund have as members some 200 families, most of them Swedish. Its investment focus is raw materials such as gold, oil and agriculture.


Sino Agro Food, Inc. (“SIAF”) ( 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.


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.


Sino Agro Food, Inc.
Mr. Solomon Lee
Phone: 86-20-22057860
Investor Relations (US and Europe)
Mr. Chad Sykes