SOURCE: Sen Yu International Holdings, Inc.

Sen Yu International Holdings, Inc.

August 18, 2011 07:00 ET

Sen Yu Sees Continued Government Support for Pork Breeders

Company Expects Beijing Policies to Help Increase Breeders' Profits and Growth

JIAMUSI CITY, CHINA--(Marketwire - Aug 18, 2011) - Sen Yu International Holdings, Inc. ("Sen Yu International" or the "Company") (OTCBB: CSWG), a leading commercial hog breeder and supplier in Heilongjiang Province, the People's Republic of China, commented today that it expects a continuation in government support of animal husbandry and rural infrastructure policies for agricultural products to benefit hog breeders on the back of rising hog prices.

The Chinese government typically offers subsidies to help small-scale pig breeders control diseases and encourage them to boost production when pork prices are high. Following a year-on-year 57.1% pork price surge in June, Beijing has resumed an RMB 2.5 billion subsidy to spur pig breeding and prevent future supply shocks, according to China Briefing, a China news service based in Hong Kong. China is the world's largest pork producer, accounting for over 50 million tons of production in 2010, or half of the world's total production. However, the Pork industry itself is highly fragmented, with the majority of China's pig farms categorized as small-time breeders.

"Pork has historically been the primary animal protein source in Chinese diets and government subsidies to help increase and spur pork production at a time of record high prices are likely to help increase breeders' profits and growth in 2011," commented Mr. Zhenyu (Jack) Shang, Founder, Chairman and CEO of Sen Yu International Holdings, Inc. "Against a backdrop of record high prices for pork, we see government support continuing in the future as China grows its pork industry and expect to benefit from government subsidies that encourage breeders to raise more pigs."

Mr. Shang added, "Sen Yu continues to refine its breeding techniques, ensuring its pigs are safe and always of the highest quality, and has the production capacity to meet higher demand for pork. Our efficient business model allows us to capture more market share and reduce costs as consumers continue to look to purchase the highest quality pork products derived from our superior quality animals such as our Canadian breeding hogs. We believe strong demand from Chinese consumers coupled with rising middle-class incomes from China's economic expansion will continue to simulate demand for our products."

About Sen Yu International Holdings, Inc.

Sen Yu International Holdings, Inc. (OTCBB: CSWG), through its subsidiaries, is the largest commercial hog breeder and supplier in Heilongjiang Province, the People's Republic of China (PRC). Founded in 2004 and based in Jiamusi City, the Company owns and operates two farms in Heilongjiang Province with an aggregate annual capacity of over 11,000 breeding hogs. For the fiscal year ended June 30 2010, the Company sold approximately 390,000 commercial hogs in Beijing market. The Company also conducts genetic and breeding research to improve pork production capabilities.

To be added to the Company's email distribution for future news releases, please send your request to robert.haag@hamptongrowth.com.

Safe Harbor Statement

Certain statements in this release concerning our future growth prospects are "forward-looking statements," which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Such statements may include, without limitation, statements with respect to the Company's plans, objectives, projections, beliefs, expectations and intentions and other statements identified by words such as "guidance," "projects," "may," "could," "would," "should," "believe," "expect," "anticipate," "estimate," "intend," "plan," or similar expressions. These statements are based upon the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties (many of which are beyond the Company's control), including, but not limited to, risks and uncertainties regarding the success of our investments, risks and uncertainties regarding fluctuations in earnings, our ability to sustain our previous levels of profitability including on account of our ability to manage growth, intense competition, wage increases in China, our ability to attract and retain highly skilled professionals, client concentration, our ability to successfully complete and integrate potential acquisitions, withdrawal of governmental fiscal incentives, political instability and regional conflicts and legal restrictions on raising capital or acquiring companies outside China. Additional risks that could affect our future operating results are more fully described in our filings with United States Securities and Exchange Commission. These filings are available at www.sec.gov.

We may, from time to time, make additional written and oral forward-looking statements, including statements contained in our filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statements that may be made from time to time by us or on our behalf.

Contact Information

  • Investor Relations Contact:
    Robert Haag
    Managing Director, Asia
    Hampton Growth, LLC (HGR)
    Tel: +86-152-2174-3282
    Tel: +1-877-368-3566
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    Website: www.hamptongrowth.com