Zhongpin Inc. Engages New Independent Auditor
11 Giugno 2008 - 2:00PM
PR Newswire (US)
CHANGGE CITY, China, June 11 /Xinhua-PRNewswire-FirstCall/ --
Zhongpin Inc. (NASDAQ:HOGS) ('Zhongpin'), a leading meat and food
processing company in the People's Republic of China ('PRC'), today
announced that it has engaged BDO Guangdong Dahua Delu CPAs ('BDO
Dahua'), a BDO International firm, as its new independent auditor,
effective June 10, 2008. BDO Dahua replaces Child, Van Wagoner
& Bradshaw, PLLC ('Child, Van Wagoner & Bradshaw'), which
was dismissed on June 10, 2008. The decision to change our
independent auditor was recommended, authorized and approved by the
audit committee of Zhongpin's board of directors. Zhongpin had no
disagreements with Child, Van Wagoner & Bradshaw from the time
of the initial engagement to its dismissal, including Zhongpin's
most recent fiscal year and the subsequent interim period, on any
matter of accounting principles or practices, financial statement
disclosure, or auditing scope or procedure, which, if they had not
been resolved to Child, Van Wagoner & Bradshaw's satisfaction,
would have caused them to make reference to the disagreements in
their reports on Zhongpin's financial statements. 'We are pleased
to engage BDO Dahua as our new independent auditor and look forward
to working with them in the future,' commented Mr. Xianfu Zhu,
Chief Executive Officer of Zhongpin. About BDO Guangdong Dahua Delu
CPAs BDO Dahua, the Southern China member firm of BDO
International, is in its 21st year of operation and provides
assurance, tax and consulting services to hundreds of private and
publicly listed companies. BDO International is a worldwide network
of independent professional firms serving global and national
businesses. It is the world's fifth largest accounting and advisory
organization and its member firms lead the market in advising
growth-oriented, owner-managed businesses. It is the only major
business advisory network specializing in growing businesses,
regardless of size or age. About Zhongpin Zhongpin is a meat and
food processing company that specializes in pork and pork products,
and fruits and vegetables, in the PRC. Its distribution network in
the PRC spans more than 20 provinces and includes over 2,900 retail
outlets. Zhongpin's export markets include the European Union,
Eastern Europe, Russia, Hong Kong, Japan and South Korea. For more
information, contact CCG Elite directly or go to Zhongpin's website
at http://www.zpfood.com/ . For more information, please contact:
Yuanmei Ma, Chief Financial Officer Zhongpin Inc. Tel:
+86-10-82861788 Email: Web: http://www.zpfood.com/ Crocker Coulson,
President CCG Elite Tel: +1-646-213-1915 Email: Web:
http://www.ccgelite.com/ DATASOURCE: Zhongpin Inc. Web site:
http://www.zpfood.com/ http://www.ccgelite.com/
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