Hanfeng Evergreen Inc.

Hanfeng Evergreen Inc.

August 10, 2009 16:51 ET

Hanfeng to Release Audited Results for Six Month Transition Period on September 9, 2009

TORONTO, ONTARIO--(Marketwire - Aug. 10, 2009) - Hanfeng Evergreen Inc. ("Hanfeng" or the "Company") (TSX:HF), announced that it expects to release its audited six month results for the period ended June 30, 2009 on September 9, 2009. As previously announced, Hanfeng received CRA approval to change its fiscal year end from December 31 to June 30, and as a result of the change, will file audited financial statements and MD&A for the transitional six-month period ending June 30, 2009.

About Hanfeng Evergreen Inc.

Hanfeng is the largest producer of slow and controlled release fertilizers in China. It was the first company to introduce the concept of slow and controlled release fertilizers into China's agriculture market with its establishment of the first commercial scale production in China. All production facilities are located in prime agricultural regions of China. The Company is headquartered in Toronto, Ontario and its shares trade on the Toronto Stock Exchange. www.hanfengevergreen.com.

This press release contains forward-looking statements based on current expectations. These forward-looking statements entail various risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. Risks and uncertainties about Hanfeng's business are more fully discussed in the Company's disclosure materials, including its annual information form and MD&A, filed with the securities regulatory authorities in Canada. All amounts are stated in Canadian dollars except for noted otherwise.

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