Zhongpin Stands by Its SEC Filings and Reserves the Right to Take Legal Action

Zhongpin Inc.

today released the following statements: During its public conference call on July 19, 2011, Zhongpin refuted defamatory allegations contained in a report published by China Economic Review that was dated July 8, 2011. The conference call also included a question and answer session. Zhongpin stands by all the information contained in its filings with the U.S. Securities and Exchange Commission and again reiterates that the CER report contains numerous mistakes and incorrect assumptions, and is based on faulty sampling methods and a superficial understanding of the business and the industry. On Friday, July 29, 2011, Zhongpin will hold an investor tour of retail stores in Shanghai in which investors will be permitted to randomly select retail stores to visit. Please contact Mr. Sterling Song, Investor Relations Manager, using the details listed below if you want to register for this investor tour. Zhongpin is dedicated to protecting its reputation and the interests of its investors. Accordingly, Zhongpin officially reserves all rights in this matter, and is currently weighing a number of potential remedies, including legal action against the authors involved in creating the CER report, as well as other persons that Zhongpin has reason to believe are behind this attack. Zhongpin will pursue any and all means available to protect its brand, reputation, and value in the stock market.