American Lorain Corporation (ALN)

[hebercreeper]

http://prnw.cbe.thejakartapost.com/news/2013/another-round-of-financing-for-xinlv-cattle-closed-by-hfg-china-2.html

With years of relevant industrial experience, the shareholders and manegement team have accummulated steady bases of upstream cattle resources and downstream distribution channels all over the country.

The company mainly deals with the distribution of branded frozen beef and beefsteak products. With the contributions of three rounds of private placement financing, Xinlv has advanced and expanded greatly in the past two years. In Shandong Province, where the company is based, Xinlv`s products entered 80% of supermarkets and shopping malls, thus became top beef brand in Shandong.

ALN has over 43,000 tons of cold/frozen storage that will compliment this venture's growth.

HFG China as an investor in Xinlv with Si Chen as Chairman. Only a matter of time until definitive agreement.

Tongley also likely to be a part of SPV. DEG might be as well.