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[ Fri, Jun 24th 2011 ] - Market Wire
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Deyu Agricultural Corp. Releases Report on First Quarter Developments and Future Outlook


Published on 2011-06-24 12:10:22 - Market Wire
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Deyu Agricultural Corp. Releases Report on First Quarter Developments and Future Outlook -- BEIJING, June 24, 2011 /PRNewswire-Asia-FirstCall/ --

Deyu Agricultural Corp. Releases Report on First Quarter Developments and Future Outlook

BEIJING, June 24, 2011 /PRNewswire-Asia-FirstCall/ -- Deyu Agriculture Corp. (OTCBB: DEYU) ("Deyu" or "the Company"), a Beijing, China based vertically integrated producer and distributor of organic and non-organic grain products, recently released a report analyzing the Company's progress in the first quarter of 2011 and Deyu's future prospects. In particular, the report highlights the latest growth in each of the Company's divisions—corn products and simple and deep processed grain products—as well as Deyu's future strategies. Deyu's report is available on the Company's website: [ www.deyuagri.com ] under Investors/Investor Presentation.

Jianming Hao, Deyu's Chief Executive Officer and Chairman commented, "We are committed to transparent communication and accountability. Specifically, we strive to keep our investors apprised of our developments and inform them of the steps we are taking to maximize shareholder value. In providing this report, we seek to open a dialogue with our investors so that together we can build a better future for the Company and accordingly, for them. Due in large part to the strength of our shareholder base, our Company is quickly emerging in China's agricultural sector as a prominent supplier of healthy, nutritious grain products. We are very optimistic about our future and we look forward to working with each of our investors to make the best use of our potential and their investments."  

About Deyu Agriculture

Deyu Agriculture Corp. is a vertically integrated producer, processor, marketer and distributor of organic and other agricultural products made from corn and grains operating in the Shanxi Province of the People's Republic of China. The Company has access to over 109,000 acres of farmland in the Shanxi Province for breeding, cultivating, processing, warehousing, and distributing grain and corn products. Deyu's deep-processed grain division was created in 2010 and its business is conducted through Detian Yu, Deyufarm and its subsidiaries, by producing and distributing instant grain vermicelli, instant millet beverage, and buckwheat tea to wholesalers and supermarkets underneath the brand name, "Deyufang". Deyu has an extensive retail distribution network of more than 10,000 retail stores across China. The Company's web site is located at [ www.deyuagri.com ].

Safe Harbor Statements

This press release contains forward-looking statements made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward looking statements are based upon the current plans, estimates and projections of Deyu Agriculture's management and are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in China, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: business conditions in China, general economic conditions; geopolitical events and regulatory changes, availability of capital, changes in the agricultural industry, the Company's ability to maintain its competitive position. Additional Information regarding risks can be found in the Company's Quarterly Report on Form 10-Q and in the Company's recently filed Prospectus filed pursuant to Rule 424(b)(3) with the SEC.

Investor Contact:
Mr. Kevin Fickle, President
NUWA Group LLC.
Tel: +1-925-330-8315
Email: [ kevin@nuwagroup.com ]

Company Contact:
Mr. Charlie Lin, Chief Financial Officer
Deyu Agriculture Corp.
Tel: +1-626-242-5292
Email: [ charlie@china-deyu.com ]

SOURCE Deyu Agriculture Corp.

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RELATED LINKS
[ http://www.deyuagri.com ]