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Sino AG Earnings Release 2017

Jul 25, 2017

5464_rns_2017-07-25_034bcfa4-a1a9-4ac1-9a78-8cbf0fb981f2.html

Earnings Release

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Tri-way Industries Ltd. Raises Consumer Awareness

Tri-way Industries Ltd. Raises Consumer Awareness

Media Extol APRAS Indoor Aquaculture; Highlight Product Quality

GUANGZHOU, China-- Sino Agro Food, Inc. (OTCQX: SIAF | OSE: SIAF-ME), a

specialized investment company focused on protein food including seafood and

cattle, announces recognition of its APRAS aquaculture technology and products

of its former subsidiary, Tri-way Industries ("TW"), in which Sino Agro Food,

Inc. holds a 36.6% ownership interest.

Earlier, the Company announced two very significant milestones in the ongoing

development and build-out of TW; namely, a 5A-1 rating from Dun & Bradstreet

(July 10, 2017 press release), and signing a Bank Enterprise Comprehensive

Cooperation Agreement containing a credit facility of RMB 100 million with

Agricultural Bank of China (July 17, 2017 press release). The press releases are

found on our website:

· http://sinoagrofood.investorroom.com/Tri-way_5A1, and

· http://sinoagrofood.investorroom.com/TW-ABC_BECSCA

Now, Tri-way is proud to announce that its operations are gaining media

recognition throughout the Guangdong province, a province whose Gross Domestic

Product exceeds USD 1.2 trillion; the largest provincial GDP in mainland China.

Aquafarm 4 Prominently Featured in Two Television Broadcasts

A Zhongshan station recently aired the first in a series of news segments at

TW's Aquaculture Farm 4, highlighting it as one of a select few facilities that

meet the highest government standards for food safety and sanitation in the

production of live seafood. The APRAS technology produces chemical-free seafood,

allowing for premium pricing of this coveted product line, both domestically and

internationally.

Guangdong's NanFang, a regional Chinese broadcast station covering an area of

approximately 100 million people, aired a full edutainment program highlighting

the APRAS technology, and including an interview with SIAF's Chief Scientific

Officer, Dr. Anthony Ostrowski. The show features several celebrity chefs

examining the indoor tanks and later sampling silver cod, jade perch, mandarin

fish, tilapia, sleepy cod, and salt water prawns.

These broadcasts as well as supporting material will be available shortly in the

Tri-way section of Sino Agro Food's web site:

http://www.sinoagrofood.com/content/AF4_2017

CEO and CSO Commentary

Mr. Solomon Lee, interim Chairman of TW as well as Chairman and CEO of Sino Agro

Food, Inc., expressed his sincere appreciation for the recent media coverage,

adding, "our mission remains threefold; to produce great product, to market

great product, and to distribute great product. TV stations such as ZSTV and

NanFang TV allow us to reach their extensive viewing areas helping to broaden

brand awareness and publicize the benefits of indoor farmed seafood. We believe

on-going press coverage will further several aims:

· Facilitate sell-through to consumers directly, through e-commerce, and from

our wholesale customers,

· Consolidate and extend premium pricing, and

· Potentially broaden the footprint of Capital Award's APRAS technology within

China, and possibly into other Asian countries."

SIAF Chief Scientific Officer Dr. Anthony Ostrowski offered additional

perspective, "The ocean supply of seafood has remained stagnant since the mid

-1980s while the demand worldwide, and especially in China is increasing

rapidly. In addition, as more and more Chinese enter the middle class, specific

demand for safe and sustainably produced seafood is rising quickly. Aquafarm 4

is a large-scale model for technologically advanced indoor and environmentally

friendly aquaculture production of safe, high-quality, and healthy seafood. The

farm already enjoys a competitive advantage for freshness, owing to its valuable

location adjacent to Hong Kong and Macau, bordering Shenzhen and Guangzhou to

the north, within 100 miles of tens of millions of people.

"Longer term plans call for the Zhongshan facility to produce well over 100,000

metric tons of prawns and fish annually. Likewise, Tri-way is working toward an

integrated set of facilities and processes to become vertically integrated with

respect to life cycle - from its own selectively-bred broodstock and in-house

hatchery seed supplies through grow-out and sale - of genetically and

environmentally controlled, biosecure and, ultimately, internationally certified

sustainable seafood."

Peter Grossman

Investor Relations

1 (775) 901-0344

[email protected]

Todd Fromer / Elizabeth Barker

1 (212) 896-1215 / 212-896-1203

[email protected]

Nordic Countries

+46 (0)8 120 558 30

[email protected] ([email protected])

About Sino Agro Food, Inc.

SIAF is a specialized investment company focused on protein food. The Company

produces, distributes, markets, and sells sustainable seafood and beef to the

rapidly growing middle class in China. Activities also include production of

organic fertilizer and produce. SIAF is a global leader in developing land based

recirculating aquaculture systems ("RAS"), and with its partners is the world's

largest producer of sustainable RAS prawns.

Founded in 2006 and headquartered in Guangzhou, the Company had over 550

employees and revenue of USD 343 million in 2016. Operations are located in

Guangdong, Qinghai, and Hunan provinces, and in Shanghai.  Sino Agro Food is a

public company listed on OTCQX U.S. Premier in the United States and on the Oslo

Børs' Merkur Market in Norway.

News and updates about Sino Agro Food, Inc., including key information, are

published on the Company's website (http://www.sinoagrofood.com), the Company's

Facebook page (https://www.facebook.com/SinoAgroFoodInc), and on twitter

@SinoAgroFood (https://twitter.com/SinoAgroFood).