China Stock Alert: Zhongpin (NASDAQ: HOGS) Shares Soar on Go Private Bid of $13.50

New York, NY - March 27, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on China stock, Zhongpin Inc. (NASDAQ: HOGS), spiking up to a morning high of $12.25, currently trading at$11.90, up 2.69(29.21%) on over 2 Million shares on news that the Chairman and CEO has made a going private offer with a proposed price of $13.50 per share.

Chairman and CEO Mr. Zhu said he intends to acquire all of the outstanding shares of the Company's common stock. Mr. Zhu currently beneficially owns approximately 17.5% of the Company's common stock.

The Company's Board of Directors intends to form a special committee of independent directors to consider this proposal and any additional proposal that may be made by Mr. Zhu and his affiliates, if any. There can be no assurance that any definitive offer will be made, that any agreement will be executed or that a transaction with Mr. Zhu or any other transaction will be approved or consummated.

This is one of several China deals that have announced going private offers from Company founders. Earlier in March Tibet Pharmaceuticals (NASDAQ: TBET) announced an offer from Chairman and Chief Executive Officer, Mr. Hong Yu to acquire all of the outstanding shares of the Company's common stock not currently owned by Mr. Yu, in a going private transaction for $3.00 per share in cash subject to certain conditions.
Investorideas.com Newswire

About Zhongpin (NASDAQ: HOGS)

Zhongpin Inc. is a leading meat and food processing company that specializes in pork and pork products, vegetables, and fruits in China. Its distribution network in China covers 20 provinces plus Beijing, Shanghai, Tianjin, and Chongqing and includes 3,428 retail outlets as of December 31, 2011. Zhongpin's export markets include Europe, Hong Kong, and other countries in Asia. For more information about Zhongpin, please visit Zhongpin's website at http://www.zpfood.com.

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