WEIFANG, China, June 17, 2011 /PRNewswire-Asia/ -- Yuhe International, Inc. (NASDAQ: YUII) ("Yuhe" or the "Company"), a leading supplier of day-old chickens raised for meat production, or broilers, in the People's Republic of China ("PRC"), today announced that its management will comment on the volatility of the Company's shares through a special conference call before the market opens on Friday, June 17, 2011.
The Company will host a special conference call at 8:30 a.m. Eastern Time on Friday, June 17, 2011. To participate in the live conference call, please dial the following number five to ten minutes prior to the scheduled conference call time. Conference ID # 77152026
USA Toll-free:
18662421388
WEIFANG, China, June 16, 2011 /PRNewswire-Asia-FirstCall/ -- Yuhe International, Inc. (NASDAQ: YUII) ("Yuhe" or the "Company"), a leading supplier of day-old chickens raised for meat production, or broilers, in the People's Republic of China ("PRC"), today announced that the Company provides incremental documentation relating to the acquisition conducted in December 2009, when it entered into an agreement to purchase 13 breeder farms from Weifang Dajiang Corporation.
The Company hereof attaches the following Chinese documents as an evidence of the take-over progress:
(1) The Notice Letter of staff appointment for the acquired breeder farms
(2) The renovation contract for one of the acquired breeder farms with associated pay check stub
The Company will continue to disclose the renovation contracts relating to the acquired breeder farms in 24 hours via Yuhe's below website, in addition to the documents disclosed in its press release dated June 14, 2010:
http://www.yuhepoultry.com/newEbiz1/EbizPortalFG/portal/html/yz.html?GeneralContentShow_DocID=c373e91c4a72d7c58fefb464b58fb185
Mr. Zhentao Gao, Chairman and Chief Executive Officer of Yuhe International, commented, "The renovation contracts and employee appointment updates are solid evidence of our take-over progress of the acquisition we entered into with Weifang Dajiang Corporation in December 2009. Yuhe generally conducts a two to three-month facility restoration and employee training program to facilitate a smooth transition on the acquired breeder farms, after all existing breeding stocks are retired from the acquired breeder farms. We will continue to disclose incremental documentation, if necessary, to validate our business and to provide greater transparency in our operations for our shareholders."
Farm Manager Appointment Notice (re. acquired breeder farms):http://www.prnasia.com/sa/attachment/2011/06/20110616672065.pdf
Renovation Contract and pay check stub (re. Anqiu Breeder farm):http://www.prnasia.com/sa/attachment/2011/06/20110616792095.pdf
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