Enping City Bi Tao A Power Prawn Culture Development Co., Ltd. (EBAPCD)

Enping City Bi Tao A Power Prawn Culture Development Co., Ltd. (EBAPCD), also known as Prawn Farm 1 (PF1), is in the business of growing prawns (or shrimp), with production starting in Q3 2013. Sino Agro Food, Inc. holds a 51% equity interest in EBAPCD.

Click below for our update from August 2013:

EBAPCD is the proposed name of the future SJVC (subject to approval by relevant Chinese authorities under our application for SJVC status), established to own and operate Prawn Farm 1. EBAPCD generated revenue starting during the third quarter of 2013. Capital Award recognized income from purchases of prawns from Prawn Farm 1 and selling them to the wholesale markets.

The Company believes that its Prawn Farm 1 represents the first indoor RAS prawn farm in Asia. Going forward, Prawn Farm 1 will carry out its rotational stocking and harvesting program targeting to produce between 250/ 300 MT of live prawns in 2013.

Shrimp ponds in PF1

CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS.
The information, communications and presentations contained on this website may contain certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's present expectations and beliefs about future events. As with any projection or forecast, these statements are inherently susceptible to risks, uncertainty and changes in circumstance. Important factors could cause actual results to differ materially from those expressed or implied by the forward-looking statements and should be considered in evaluating the outlook of the Company. Risks and uncertainties are detailed from time to time in Sino Agro Food, Inc.'s filings with the U.S. Securities and Exchange Commission. Sino Agro Food, Inc. is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of changes, new information, subsequent events or otherwise.