News and Press Releases

QingHai, HuangYuan, SanJing APower United Corporation Ltd. Provides Progress Report on Start-Up Operations

Mar 15, 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 provide shareholders with a detailed progress report on start-up operations to complement recent announcements from its joint venture project with SanJiang and the HuangYuan District.

“QingHai, HuangYuan, SanJiang APower United Corporation Ltd. Announces Major Shift in Business Plan, Increasing Farmer Cooperatives by over 50%”

Mr. Lee Solomon, Sino Agro Food, Inc. CEO, stated, “We recently announced some changes regarding our joint venture project with SanJiang. With the completion of our new service road and strong financial aid available to our cooperative farmers, we are now launching the major portions of our start-up operations. I would like to provide shareholders more detail in the progress being made.”

Fertilizer Operations

The Company is currently installing the heavy equipment required for Fertilizer operations. Renovation and construction on mixing and storage facilities are nearing completion. The equipment being installed will allow the Company to initially produce up to 20,000 Metric Tons per year. Currently, of the 15,000 Metric Tons expected to be produced in 2010, 7,000 Metric Tons worth of pending sales have already been booked by participating farmer cooperatives.

Livestock Feed Operations

The Company has placed an order to purchase 8 machines capable of field cutting, rolling and packaging (all-in-one operation). The machines are due in time for this season’s harvest. These new machines are expected to significantly lower the costs associated with labor, processing and logistics. Of the 30,000 Metric Tons of livestock feed expected to be produced in 2010, booked sales of 15,000 Metric Tons are pending.

As previously announced, the HuangYuan district government has agreed to lease an additional 10,000 Mu, or 1,650 acres of cropping land to the joint venture project. The project has received the additional plots of land on very favorable terms. The Company has also successfully contracted out the additional land to regional growers to begin planting and cropping the land.

Beef Cattle Fattening Operations

Construction and renovation work on the cattle houses continues on schedule. The Company has also stepped up renovation projects on a number of additional cattle houses to meet the anticipated increased need generated by the recently announced shift in the business plan.

Recent Related Headlines on Operations

“Sino Agro Food, Inc. to Increase Guidance on Feedstock Sales and Increases Cropping Land by 1,650 Acres”

“QingHai, HuangYuan, SanJiang APower United Corporation Ltd. Announces Major Shift in Business Plan, Increasing Farmer Cooperatives by over 50%”

“Sino Agro Food, Inc. Secures Downstream Processing Facility for its Beef Cattle Operations”

The Company recently conducted a shareholder conference call providing updates on operations and guidance for 2010. To download the complete 15.28 MB version in MP3 format please use the following link.

http://www.mediafire.com/?1fmqnuymmqn

To download the Company’s January 2010 Investor Presentation please use the following link:

http://www.mediafire.com/?mmmjjhunm1g

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.

Contacts

Sino Agro Food, Inc.
CEO
Mr. Solomon Lee, 86-20-22057860
info@siafchina.com
or
Investor Relations (US)
Mr. Chad Sykes, 281-210-4204