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Shuanghui International Enters Into Strategic Cooperation Framework Agreement with Bank of China



Shuanghui International Enters Into Strategic Cooperation Framework Agreement
                              with Bank of China

PR Newswire

HONG KONG, Nov. 27, 2013

HONG KONG, Nov. 27, 2013 /PRNewswire/ -- Shuanghui International Holdings
Limited ("Shuanghui International"), a global leader in animal protein and the
world's largest pork producer, announced today that it has entered into a US$8
billion (RMB50 billion) non-binding strategic cooperation framework agreement
with Bank of China.  Shuanghui International and its subsidiaries would have
the flexibility to utilize the proposed services and new funding arrangements
to invest in operations, fixed assets, international trade initiatives,
potential mergers and acquisitions, and other corporate purposes.

"Bank of China has been an essential, long-standing partner throughout our
growth, and we are deeply grateful for their strong and sustained support as
we continue to explore ways to profitably expand our business worldwide," said
Shuanghui International Chairman and Chief Executive Officer Wan Long.

About Shuanghui International

Shuanghui International is a Hong Kong-based privately held company that owns
a variety of food and logistics enterprises, including Smithfield Foods, Inc.
and Henan Shuanghui Investment & Development Co. Ltd.  Smithfield Foods is the
world's largest pork processor and hog producer.  Henan Shuanghui Investment &
Development is China's largest meat processor and is publicly listed on the
Shenzhen Stock Exchange under the ticker symbol 000895.  More information
about Shuanghui International is available at www.shuanghui-international.com.

This communication contains "forward-looking" statements within the meaning of
the U.S. federal securities laws. The forward-looking statements include
statements concerning Shuanghui International's outlook for the future, as
well as other statements of beliefs, future plans and strategies or
anticipated events, and similar expressions concerning matters that are not
historical facts. Shuanghui International's forward-looking information and
statements are subject to risks and uncertainties that could cause actual
results to differ materially from those expressed in, or implied by, the
statements. These risks and uncertainties include risks associated with
Shuanghui International's indebtedness. Readers are cautioned not to place
undue reliance on forward-looking statements because actual results may differ
materially from those expressed in, or implied by, the statements. Any
forward-looking statement that Shuanghui International makes speaks only as of
the date of such statement, and Shuanghui International undertakes no
obligation to update any forward-looking statements, whether as a result of
new information, future events or otherwise.

 

SOURCE Shuanghui International Holdings Limited

Website: http://www.shuanghui-international.com
Contact: Mainland China, Li Jin, Y Communications, +86 10 5963 6986,
jli@ycom.hk; or Hong Kong, Pamela Leung, Y Communications, +852 2254 8848,
pleung@ycom.hk; or United States, Ian Campbell/Chuck Dohrenwend, Abernathy
MacGregor, +1 213 630 6550/+1 212 371 5999
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