Asia Plantation Capital Poised to Develop the Agarwood Industry in Malaysia

SINGAPORE, Aug. 30, 2014 /PRNewswire/ — Asia Plantation Capital (a sustainable plantation company) seeks to develop more opportunities for Agarwood as a beneficial crop in Malaysia.

Asia Plantation Capital at Bio Johor 2014

Asia Plantation Capital at Bio Johor 2014


Aquilaria Saplings in Nursery

Aquilaria Saplings in Nursery

Speaking at the biotechnology conference ‘Bio Johor 2014’, Dr Panamas Chetpattananondh (an Associate Professor from the Prince Songkla University in Thailand, and Head of the Scientific Advisory Board at Asia Plantation Capital) presented a plenary paper on the potential for Agarwood in Malaysia. Particular significance was given to the possibilities of utilising the advanced technologies developed by Asia Plantation Capital, and the opportunities that could be created in so doing.

With the value of Oud oil (that which comes from the specially treated wood of the tree), being significantly higher than the value of gold (by a factor of 1.5), the sustainable Agarwood industry is well established in Asia, with Asia Plantation Capital leading the way. The sustainable plantation company is now actively looking to bring their advanced plantation systems to Malaysia.

“Gaharu (Agarwood) is not new to the region and we see many opportunities for its growth in Malaysia. As a leading company in plantation management, we ensure that our agarwood is harvested ethically and sustainably,” said Steve Watts – Chief Executive Officer of Asia Plantation Capital Berhad – speaking at the Johor Biotech Conference. “Not only that,” he continued, “but we are one of the very few plantation companies to have our products certified by CITES (the Convention on International Trade in Endangered Species of Wild Fauna and Flora) which permits us to trade legally in Agarwood.”

Asia Plantation Capital is the main sponsor of the Bio Johor 2014 Biotechnology Conference and Exhibition. APC enjoyed the same privilege last year at the first International Scientific Symposium on Agarwood (ISSA) held in Malaysia, which was organised by Universiti Putra Malaysia.

Agarwood (or Gaharu, as it is more commonly known in Malaysia and Indonesia), comes from the Aquilaria tree – a species native to Southeast Asian countries such as Malaysia, Thailand, Cambodia, Vietnam and Indonesia. What makes Agarwood so highly sought after is the rarity of the fragrant resin contained within. It is produced only when the tree is affected by a certain fungus (or, in the case of trees managed by Asia Plantation Capital, when treated in a specific way).

Oud oil and Oud wood chips have been an integral part of Middle Eastern cultures for centuries, where it is not only used in fragrances, but also in the wood chips burned in homes as incense. In China, Agarwood sculptures are common residential artefacts, and wearing bracelets made of Agarwood beads is fast becoming a popular trend, with recent record prices at auction having been achieved in China for Agarwood pieces.

Globally, Oud is now a major ingredient in the perfume and cosmetic industry, and is used by almost all of the world’s leading, luxury fragrance brands. Asia Plantation Capital’s partner company, Fragrance Du Bois, recently had one of its perfumes shortlisted as a top 10 finalist in the Art and Olfaction Awards (the fragrance industry ceremony held in Los Angeles, USA) matching up with and surpassing competitors from around the world.

The health benefits of Agarwood have been well documented, and have been a mainstay of Traditional Chinese Medicine (TCM) for hundreds of years. Agarwood is renowned to be beneficial in the treatment of digestive system disorders, the relief of spasms and pain, as well as tightness in the chest, abdominal pain, vomiting, diarrhoea and asthma.

Recent research has shown that, potentially, Agarwood has even more medicinal benefits, with the oil having been found to have sedative effects, while a component shows promise for use in the development of an anti-cancer drug. Antioxidant properties have also been found in the extract of Agarwood leaves, which may also be used for the treatment of stomach complaints and skin infections.

“I have spent nine years researching and developing the extraction methods of Agarwood oil to produce better quality oil, and it has made me realise that there is always more to be discovered with this amazing tree,” said Dr Chetpattananondh. She continued, “The sustainable plantation of Agarwood trees could be very valuable to the Malaysian agriculture industry. One significant advantage is that Agarwood grows very well when partnered with banana and other interpolated crops and trees.” The Asia Plantation Capital Scientific Advisory Board is now working with academics across Asia to develop and produce pharmaceuticals from Agarwood for wider use in traditional medicine.

All species of the Aquilaria tree are classified under CITES as endangered species – due to extensive and illegal logging and harvesting for Oud oil. Asia Plantation Capital’s Oud oil and woodchip products are all legally certified under the CITES agreement, ensuring that the strictest ethical and legal standards are upheld in the planting, growing and harvesting of Agarwood and Oud oil.

Moving forward, Asia Plantation Capital has plans to explore further opportunities by acquiring plantations (or partnering existing plantation owners) to develop Agarwood in Malaysia. Over the last 10 years, Asia Plantation Capital has developed advanced proprietary inoculation systems that have been implemented in Thailand, Cambodia and India (with proven results) as well as a new, patented system which, over a longer time frame, will stimulate resin production throughout the entire tree.

Notes to Editors:

About Asia Plantation Capital

Asia Plantation Capital is an owner and operator of a diverse range of commercial plantation and farming businesses across the Asia-Pacific region, and globally, is part of the Asia Plantation Capital Group of associated companies. Its focus is on multicultural and diverse plantation projects geared to the domestic and commercial demands of the countries in which they operate. Working closely with, and supporting local communities, is an underlying core principle of the APC business, providing social and cultural support, as well as investment, to move these communities away from deforestation and illegal logging activities, previously seen as a main source of income in some regions of Asia. Established officially in 2008 (although operating privately since 2002) the group now has plantation and agricultural projects on four continents with operational projects at various stages in Thailand, Malaysia, China, Laos, India, Cambodia, Sri Lanka, Mozambique, The Gambia, North America and Europe.

Promoting the use of certified wood is the best way of preventing deforestation, thereby protecting biodiversity and combatting poverty in the tropical rainforest regions. For the yachting sector, which strives for excellence and which is already involved in environmental efforts, this is also a way of ensuring that no wood from illegal logging is used.

About Fragrance Du Bois

Fragrance Du Bois is a niche luxury perfume house working closely with sustainable plantations inAsia, bringing exciting new 100% organic Oud oil based fragrances to exclusive markets worldwide. Sustainably sourcing the finest raw materials across the globe, working with French perfumers to create a full range of products, and also providing bespoke fragrance services, Fragrance Du Bois is personal luxury with a conscience. With exclusive fragrance lounges around the world, in Dubai, Hong Kong, Thailand, Malaysia and Singapore, Fragrance Du Bois creates only the finest experience in bespoke perfumery.

Fragrance Du Bois is known as Parfums Du Bois in France and in non-French speaking markets, as Fragrance Du Bois.

Asia Plantation Capital Pte. Ltd. 50 Collyer Quay, #06-05 OUE Bayfront, Singapore 049321
Tel: +65 6222 3386 | Fax: +65 6221 2197 | Email:

Government Ministers, Business Leaders and Economists Confirmed for Cambodian Investment Conference

PHNOM PENH, Cambodia, Aug. 27, 2014 /PRNewswire/ — Agriculture, manufacturing, banking and real estate will be among the key business sectors to be discussed at the upcoming International Business Chamber of Cambodia (IBC) Investment Conference.

The conference will bring together senior government ministers, top economists and business leaders in Phnom Penh on October 6th and 7th.

Cambodia’s Prime Minister H.E. Samdech Akka Moha Sena Padei Techo Hun Sen will deliver the conference’s opening address on the morning of October 6th.

The keynote speech will be delivered by Donald Kanak, the chairman of Prudential Corporation Asia — which is a leading sponsor of the conference.

Two major panels will follow the opening address and the keynote speech, both moderated by the renowned Wall Street Journal columnist Andrew Browne.

The first panel will look at Cambodia’s Economic Outlook and will feature Eric Sidgwick, senior country officer at the Asian Development bank (ADB), the International Monetary Fund’s (IMF) Cambodia representative Ahmed Faisal and Dr. In Channy, CEO of ACLEDA Bank who is also the Vice Chairman of the IBC and the chairman of the conference’s organising committee.

Another panel at the conference will discuss Cambodia’s Economic Advantage.

“The speakers and moderators list for the conference is looking very exciting and I am delighted to see the calibre of those who will be present for these important discussions,” says Dr. Channy.

“There are a number of government ministers already in attendance and we are expecting more to confirm in the coming days and weeks,” says Dr. Channy.

Government ministers attending the event will include Cambodia’s Minister of Commerce H.E Sun Chanthol, Education Minister H.E. Hang Chuon Naron and Minister
 of Posts & Telecommunication (MPTC)  H.E. Prak Sokhonn.

IBC Chairman Bretton Sciaroni, senior partner at Sciaroni and Associates, will chair a break-out discussion on Cambodia’s Legal Landscape for Investors which will feature Senior Minister H.E. Mr. Om Yentieng, Chairman of Cambodia’s Anti-Corruption Unit.

“This will be one of the most important discussions at the conference — with investors constantly monitoring the political and legal situation in Cambodia as they make their investment decisions. The recent political breakthrough will be a big boost for investors who want to see similar breakthroughs in the legal landscape,” Mr. Sciaroni says.

Platinum sponsors for the IBC conference are Prudential Cambodia, Jardine Matheson Limited, Sciaroni and Associates, ACLEDA Bank and ANZ Royal. Gold sponsors include DFDL and Ezecom.

The South East Asia Globe and its sister publication Focus ASEAN are media partners of the event.

Those wishing to register for the IBC Investment conference should visit the IBC’s website at

Media Contact:

Julian Rake

Public Aquaria Set to Make a Splash at Aquarama 2015

SINGAPORE, Aug. 26, 2014 /PRNewswire/ — Aquarama is the leading biennial international ornamental fish, aquatic plants, invertebrates and accessories trade exhibition in the world ( Throughout its history stretching back to 1989, it has attracted exhibitors, trade and public visitors from all corners of the globe. The 14th edition — scheduled to run from 28-31 May 2015 in its traditional home of Singapore, will be no different — with one important exception.

In addition to its usual complement of visitors from the international ornamental aquatic industry and the general public (numbering in the many thousands), it has always attracted a small number of visitors from the public aquarium world, as well as some exhibitors who supply both the ornamental and public aquarium sectors.

This is now set to change dramatically with the organisers (UBM Media (Singapore) Pte Ltd) and a specially convened public aquarium committee launching a programme of sub-events aimed specifically at public aquarium personnel. This committee, consisting of Scott Dowd (Senior Aquarist at the New England Aquarium, Boston, USA), Ramon Barbosa (Senior Curator at the S.E.A. Aquarium in Sentosa, Singapore) and Rob Jones (‘The Aquarium Vet’ and veterinarian at the SEA LIFE Melbourne Aquarium, Australia) and co-ordinated by Aquarama Consultant, John Dawes, is devising a programme of activities tailored fairly and squarely to the needs of the public aquarium industry, as well as the fostering of closer links between the home aquarium industry and public aquaria.

Up to now, these links have only been modest. However, if developed to their full potential, this would undoubtedly benefit both industries. For instance, there are several livestock suppliers within the ornamental sector that already service public aquaria, but the room for expansion and improvement is considerable but, as yet, largely unexplored. The same applies to manufacturers and suppliers of equipment, foods, treatments, services, etc.

In order to address these issues, Aquarama is dedicating over 50% of its available seminar and meeting time slots to a number of activities aimed at bringing both industries closer together than ever before.

Round Table Discussion: Chaired by Aquarama Consultant, John Dawes, this will consist of a panel of invited experts, comprising the three above-mentioned committee members, government representatives, ornamental aquatic industry leaders, plus livestock suppliers. Under the theme: Engage, Influence and Collaborate: Maximising the Synergies of the Public and Home Aquarium Industries, attendance will be free and open to all Aquarama trade and public aquarium visitors and exhibitors, and will consist of a minimum of 1 1/2 hours of intense debate, action and Q&A’s.

Seminar: This half-day programme of presentations from leading figures from the public aquarium world will feature topics of exclusive relevance to the industry, such as: Artificial Reproduction Techniques in Sharks and Rays, Prolonged Transportation and Captive Husbandry of Manta Rays;The Initiative to Promote Conservation and Sustainable Management of Home Aquarium Fishes, led by the IUCN Species Survival Commission/Wetlands International Freshwater Fish Specialist Group (FFSG) and the Global Zoo and Aquarium Community; Initiative to Promote Socially and Environmentally Beneficial Home Fishkeeping, plus several other topics which are currently being finalised.

Strategic Development Meeting: This in-depth session will discuss the IUCN’s FFSG/public aquaria initiative set up to explore ways in which both industries can help drive environmental and socio-economic benefits, e.g. by identifying and promoting opportunities for sustainable management of wild populations of aquarium fishes that support livelihoods for communities living in regions of biological importance, thus fostering a powerful drive for conservation of these species as well as the habitats where they are found — achieved via well-informed consumer choices within the home aquarium industry. The team to explore this new, ambitious, and important initiative (under the chairmanship of committee member, Scott Dowd) will create a win-win-win scenario where the hobby gets an infusion of energy from zoos and public aquaria (which will showcase fish identified by IUCN’s FFSG as key species), thus promoting fishkeeping; zoos and aquaria will get a new instrument to achieve their goals of in-situ environmental protectionism; rural communities can receive sustainable economic returns for stewarding aquatic resources and watersheds, and the ornamental industry becomes a main actor in facilitating ethical supplies and helping alleviate poverty. This important meeting will last for a full afternoon (approximately four hours).

Too often, meetings of great importance such as this take place at international conferences. Important conclusions are reached by very well qualified specialists. Unfortunately though, those findings and discussed action plans fade away shortly after the meeting. In order to guarantee lasting outcomes from our Strategic Planning Meeting, we have retained the services of The Facilitators Network Singapore with trained experts to help us run the most efficient meeting, capture all information and produce a working document which will serve as a road map that will enable us to follow through and accomplish the goals we agree upon at Aquarama 2015.  

It is hoped that bringing public aquaria into Aquarama will benefit all parties, especially when added to the organiser’s efforts to attract exhibitors who supply public aquaria but are currently unaware of the trade benefits and possibilities that Aquarama undoubtedly offers.

It is also hoped that by attracting visitors and exhibitors from public aquaria, these will gain an invaluable insight into an industry which they may be aware of, but know little about. These visitors will, for example, be able to witness at first hand a staggering array of fish, aquatic plants, invertebrates and equipment which they may never have come across before. They will also, of course, be able to source supplies of equipment, services and livestock for their own establishments, be able to attend the free ornamental aquatic trade and public seminars which form a traditional part of Aquarama, join the highly popular fish farm tour and marvel at the more than 1,400 entries in the general fish competition, as well as the specialised crystal bee shrimp, betta, marine aquarium, marine nano cube, freshwater planted aquarium, freshwater nano, and dragon fish (Asian arowana/bonytongue) competitions, which have helped make Aquarama the ‘best ornamental aquatic exhibition’ on the planet.

In the words of Jennifer Lee, event manager for Aquarama: “The ornamental aquatic sector has always supplied fish, plants and invertebrates to the home aquarium hobbyist, on the one hand, and public aquaria on the other. It could be said to lie in the middle, with the two sectors at either end of the spectrum. It is our aim to bring both ends much closer together than they’ve ever been before and establish our event as a ‘must attend’ fixture in the calendar of all stakeholders.”

For further information on Aquarama, please visit

Notes to Editors

About UBM Media (Singapore) Pte Ltd (

A member of the UBM Asia Group of Companies, we organise events and conferences in a variety of industries, including aquatic and pet, cruise tourism, information technology, jewellery, paper and nonwovens, etc. The company stages leading events in its targeted industries across the world, attracting quality exhibitors, trade visitors, conference attendees and speakers from all over the world. These events are important business platforms where our customers can meet and network with their existing and new business partners face-to-face.

About UBM Asia (

Owned by UBM plc listed on the London Stock Exchange, UBM Asia is Asia’s leading exhibition organiser and the biggest commercial organiser in mainland China, India and Malaysia. Established with its headquarters in Hong Kong and subsidiary companies across Asia and in the US, UBM Asia has a strong global network of 30 offices and 1,300 staff in 24 major cities. We operate in 20 market sectors with 230 exhibitions and conferences, 23 trade publications, 20 online products for over 1,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world.

About UBM plc (

UBM plc is a leading global company. We inform markets and bring the world’s buyers and sellers together at events, online and in print and provide them with the information they need to do business successfully. We focus on serving professional commercial communities, from doctors to game developers, from journalists to jewellery traders, and from farmers to pharmacists around the world. Our 6,600 staff members in 31 countries are organised into specialist teams that serve these communities, helping them to do business and to work effectively and efficiently in their respective markets.

About the Freshwater Fish Specialist Group (FFSG) (

The FFSG group was established in 2004 and is a joint partnership between the IUCN Species Survival Commission and Wetlands International. It is a diverse group of experts, spread across the world, working on the biology and conservation of freshwater fishes. The mission of the FFSG is to achieve conservation and sustainable use of freshwater fishes and their habitats through: generating and disseminating sound scientific knowledge; creating widespread awareness of their values; and influencing decision-making processes at all levels. The FFSG includes the newly forming Home Aquarium Fish Specialist Sub-Group, chaired by Scott Dowd.

Piaba Logo (Credit: Project Piaba)
illustrated cardinal tetra (Credit: Sally Landry)
illustrated cardinal tetra (Credit: Sally Landry)

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Photo –
Photo –

China New Borun Announces Second Quarter 2014 Unaudited Financial Results

BEIJING, August 22, 2014 /PRNewswire/ — China New Borun Corporation (NYSE: BORN; “Borun” or the “Company”), a leading producer and distributor of corn-based edible alcohol in China, today announced its unaudited financial results for the second quarter of 2014.

Mr. Jinmiao Wang, Chairman and Chief Executive Officer of Borun, commented on the results, “Although demand and average selling price for edible alcohol were solid in the first half of the second quarter, the market encountered an unexpected sharp drop nation-wide in demand and average selling price this June. As a result, even though we recorded revenue growth at the high end of our second quarter guidance on better-than-expected volume shipment, our gross profits contracted year-over-year.”

“Despite the challenging month of June, we continued to make progress in ramping up our chlorinated polyethylene (“CPE”) and foam insulation businesses. During the quarter, we successfully scaled our CPE plant to full production capacity and grew total revenue from CPE and foam insulation by 47% sequentially to RMB23.4 million. It is worth noting that the new business has surpassed its gross breakeven point during the second quarter, and therefore we anticipate incremental positive contributions to profitability from the new business in the months ahead,” Mr. Wang concluded.

Second Quarter 2014 Quick View

  • Total revenue increased 6.4% to RMB668.9 million ($108.7 million[1]) from RMB628.5 million in the second quarter of 2013.
  • Gross profit decreased 5.4% to RMB67.5 million ($11.0 million) from RMB71.4 million in the second quarter of 2013.
  • Net income decreased 17.8% to RMB21.0 million ($3.4 million) from RMB25.5 million in the second quarter of 2013.
  • Basic and diluted earnings per American Depositary Share (“ADS”) were RMB0.82 ($0.13) for the quarter ended June 30, 2014. Each ADS represents one of the Company’s ordinary shares.

Second Quarter 2014 Financial Performance

For the second quarter of 2014, revenue increased by 6.4% year-over-year to RMB668.9 million ($108.7 million) from RMB628.5 million in the same period of 2013. The increase in revenue was mainly attributable to higher sales volume of edible alcohol, partially offset by lower average selling prices, as well as incremental revenue contribution from the Company’s CPE and foam insulation businesses that were introduced in the fourth quarter of 2013.

Revenue breakdown by product lines is as follows:

  • Revenue from edible alcohol increased by 4.1% to RMB425.9 million ($69.2 million) in the second quarter of 2014, compared to RMB409.0 million in the second quarter of 2013. Driven by higher production, the sales volume of edible alcohol in the second quarter of 2014 increased by 6.1% year-over-year to 83,505 tons, while the average selling price of edible alcohol decreased by 1.9% year-over-year to RMB5,100 per ton.
  • Revenue from DDGS Feed increased by 2.1% to RMB159.8 million ($26.0 million) in the second quarter of 2014, compared to RMB156.5 million in the second quarter of 2013. The sales volume of DDGS Feed in the second quarter of 2014 decreased by 1.2% year-over-year to 74,155 tons, while the average selling price increased by 3.3% year-over-year to RMB2,155 per ton.
  • Revenue from liquid carbon dioxide decreased by 17.0% to RMB11.4 million ($1.8 million) in the second quarter of 2014 compared to RMB13.7 million in the second quarter of 2013. The sales volume of liquid carbon dioxide in the second quarter of 2014 decreased by 2.6% year-over-year to 32,751 tons, and the average selling price decreased by 14.8% year-over-year to RMB347 per ton.
  • Revenue from crude corn oil decreased by 1.4% to RMB48.5 million ($7.9 million) in the second quarter of 2014 compared to RMB49.2 million in the second quarter of 2013. The sales volume of crude corn oil in the second quarter of 2014 increased by 4.0% year-over-year to 6,746 tons, while the average selling price decreased by 5.3% year-over-year to RMB7,185 per ton.
  • Revenue from CPE was RMB21.3 million ($3.5 million) in the second quarter of 2014, and the sales volume was 2,448 tons at an average selling price of RMB8,718 per ton. Revenue from foam insulation was RMB2.0 million ($0.3 million) in the second quarter of 2014, and the sales volume was 1,868 cubic meters at an average selling price of RMB1,094 per cubic meter.

During the second quarter of 2014, gross profit decreased by 5.4% to RMB67.5 million ($11.0 million) from RMB71.4 million in the same period of 2013. Gross margin for the second quarter of 2014 decreased to 10.1%, from 11.4% in the same period of 2013, which was primarily attributable to a decrease in average selling price of edible alcohol, as well as lower gross margin from the new CPE and foam insulation businesses during its initial production ramp up.

Operating income decreased by 7.8% to RMB55.3 million ($9.0 million) in the second quarter of 2014, from RMB60.0 million in the same period of 2013, primarily due to lower gross profit earned.

Selling expenses were RMB1.5 million ($0.2 million) in the second quarter of 2014, which remained stable with that in the same period of 2013.

General and administrative expenses increased by RMB0.8 million, or 8.0% to RMB 10.7 million ($1.7 million) in the second quarter of 2014, from RMB9.9 million in the same period of 2013, mainly due to the increasing management cost for our new CPE and foam insulation businesses.

Income tax expenses in the second quarter of 2014 were RMB7.0 million ($1.1 million), representing an effective tax rate of 25.0%.

Net income decreased by 17.8% to RMB21.0 million ($3.4 million) in the second quarter of 2014, compared to RMB25.5 million in the same quarter of 2013. In the second quarter of 2014, basic and diluted earnings per share and per ADS were RMB0.82 ($0.13), and the Company had 25.7 million weighted average basic and diluted shares outstanding.

As of June 30, 2014, cash and bank deposits of RMB361.8 million ($58.8 million) decreased by RMB159.5 million, compared with RMB521.3 million as of December 31, 2013. Cash flows provided by operating activities for the second quarter of 2014 were RMB77.3 million ($12.6 million), compared with operating cash outflow of $148.1 million in the second quarter of 2013.

Financial Outlook

During the third quarters, the Company historically conducts an annual maintenance of its production facilities, which requires a temporary shut down of all production lines for edible alcohol for approximately one month.

Reflecting the annual maintenance period this summer, and lower average selling prices, the Company estimates that its revenue for the third quarter of 2014 will be in the range of RMB520 million ($84.5 million) to RMB540 million ($87.8 million), an increase of approximately 0.4% to 4.2% over the same quarter of 2013.

This guidance is based on the current market conditions and reflects the Company’s current and preliminary estimates of market and operating conditions and customer demand, which are all subject to change.

Conference Call

Borun’s management will hold a corresponding earnings conference call and live webcast at 8:00 a.m. EDT on Friday, August 22, 2014 (8:00 p.m. Beijing time on Friday, August 22, 2014) to discuss the results and highlights from the second quarter and answer questions from investors. A webcast of the call will be available at Listeners may access the call by dialing:

United States Toll Free:


US Toll/International:


Hong Kong Toll Free:


Hong Kong Toll:


China Toll Free:


China Toll Free (Mobile):


Conference ID:


A replay of the webcast will be accessible through August 30, 2014 on or by dialing:

United States toll free:






About China New Borun Corporation

China New Borun Corporation (NYSE: BORN) is a leading producer and distributor of corn-based edible alcohol sold as an ingredient to producers of baijiu, a popular grain-based alcoholic beverage in China. The Company also produces DDGS Feed, liquid carbon dioxide and crude corn oil as by-products of edible alcohol production, and CPE and foam insulation that are widely used in chemical industries. China New Borun is based in Shouguang, Shandong Province. Additional information about the company can be found at and in documents filed with the U.S. Securities and Exchange Commission, which are available on the SEC’s website at

Forward-looking Statements

All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and projections about our industry, management’s beliefs, and certain assumptions made by us, all of which are subject to change. Forward-looking statements can often be identified by words such as “anticipates,” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” “would,” “could,” “potential,” “continue,” “ongoing,” similar expressions, and variations or negatives of these words. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause our actual results to differ materially and adversely from those expressed in any forward-looking statement.


This press release contains translations of certain Renminbi amounts into US dollars at specified rates solely for the convenience of readers. Unless otherwise noted, all translations from Renminbi to US dollars for the period ended June 30, 2014 were made at a rate of RMB6.1528 to USD1.00, the rate published by the People’s Bank of China on June 30, 2014. China New Borun Corporation makes no representation that the Renminbi or US dollar amounts referred to in this press release could have been or could be converted into US dollars or Renminbi, at any particular rate or at all.

Contact Information

Asia Bridge Capital Limited
Wendy Sun
Phone: +86-10-8556-9033 (China)
+1-888-870-0798 (U.S.)



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Vietstock and Vietmeat 2014 Expo & Forum Gains Strong Support from CP Vietnam and the Vietnam Chamber of Commerce & Industry (VCCI)

HO CHI MINH CITY, Vietnam, Aug. 19, 2014 /PRNewswire/ — CP Vietnam Corporation, a major feed, livestock and meat producer in Vietnam, will participate in the Vietstock and Vietmeat 2014 Expo & Forum to share their experiences with other meat processors in the country and how the company maintains the high standards of quality and safety of its meat products from farm to table.

Mr. Sooksunt Jiumjaiswanglerg, President of CP Vietnam

Mr. Sooksunt Jiumjaiswanglerg, President of CP Vietnam
Dr Vu Tien Loc (second from left) posts with UBM Asia's team during a meeting at VCCI in Hanoi.

Dr Vu Tien Loc (second from left) posts with UBM Asia’s team during a meeting at VCCI in Hanoi.
VIETSTOCK AND VIETMEAT 2014 Expo & Forum Gains Strong Support From CP Vietnam And The Vietnam Chamber Of Commerce & Industry (VCCI)

VIETSTOCK AND VIETMEAT 2014 Expo & Forum Gains Strong Support From CP Vietnam And The Vietnam Chamber Of Commerce & Industry (VCCI)
VIETSTOCK AND VIETMEAT 2014 Expo & Forum Gains Strong Support From CP Vietnam And The Vietnam Chamber Of Commerce & Industry (VCCI)

VIETSTOCK AND VIETMEAT 2014 Expo & Forum Gains Strong Support From CP Vietnam And The Vietnam Chamber Of Commerce & Industry (VCCI)

Sooksunt Jiumjaiswanglerg, President of CP Vietnam, said he would appoint a senior executive of the company to speak on this topic at a meat conference to be held at the event. 

“Meat processors in Vietnam should collaborate with each other in order to set strong standards on quality and safety to ensure consumers are confident in our products. As we’ve been in the meat processing business for a long time, we’d like to share our experiences with our friends in the industry,” he said.

Fully integrated, CP Vietnam operates from grain planting to feed milling, livestock farming, meat processing and retailing.

“A main goal of our business in Vietnam is to support livestock farmers. Therefore, we will continue to expand our farming business and produce safe and quality meat products for the nation,” said Mr. Sooksunt.

He said CP Vietnam is also willing to be a business partner with fellow meat processors in Vietnam as a supplier of raw materials for them.

“Our farmers implement strict standards on food safety and we process their chickens with the state-of-the-art technology. So, we can ensure that you’ll consistently get raw meat that is safe and of high quality for further processing,” he said.

Mr. Sooksunt said meat processors in Vietnam should have a forum to discuss and tackle issues that could pose threats to the country’s meat processing industry.

He said the opening of markets among ASEAN nations under the ASEAN Economic Community (AEC) in 2015 could result in massive imports of meat products into Vietnam and seriously affect the local meat processing industry.

“It’s a good idea that meat processors in Vietnam set up an association of their own. The Vietmeat forum would be a good place to discuss on this issue and I’m glad to host the discussion by myself,” said Mr. Sooksunt. 

The Vietnam Chamber of Commerce and Industry (VCCI) also agreed to support the Vietnam meat processing industry forum that will be held during Vietstock 2014 in Ho Chi Minh City, Vietnam.

Dr. Vu Tien Loc, VCCI’s Chairman and President, said Vietnam is a huge market for processed meat products. The forum, which will bring together CEOs of key meat processors in the country, will be a starting point for the industry to collaborate in developing their products and markets in the future.

Vietmeat is a one-stop forum focusing on the needs of the meat industry – from production, processing and packaging, right to the plate.

Organised by UBM Asia, the Vietmeat forum makes its debut in 2014 and will be co-located with Vietstock 2014 – Vietnam’s Premier International Feed, Livestock and Meat Industry Show. The events will be held from 15-17 October, 2014 at the Saigon Exhibition & Conference Centre (SECC) in Ho Chi Minh City, Vietnam.

Don’t miss the Vietstock & Vietmeat 2014 Expo & Forum. REGISTER TO VISIT TODAY at

Notes to the Editor

About UBM Asia in ASEAN (

In ASEAN, we serve 13 market sectors with wholly-owned subsidiary companies and JV companies in seven offices in the major cities in ASEAN, including Bangkok, Hanoi, Ho Chi Minh City, Jakarta, Kuala Lumpur, Manila and Singapore. We provide over 60 products in various categories: trade fairs, conferences and publications. As the leading B2B event organiser in the region, we are the largest exhibition organiser in Malaysia.

Our products serve tens of thousands of exhibitors, visitors, conference delegates, advertisers, subscribers and corporations in the region and from all over the world with high value face-to-face business-matching events and quality conference programmes presented by top-notch industry leaders. We have over 130 staff in six countries.

Sufian Zahari, +60-3-2176-8788,

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