date:May 11, 2012
h net margin expected to fall in a range of 3.3-4.2%.
Zhongpin's board is considering a non-binding proposal from Xianfu to acquire all of the outstanding shares not owned by him. In a separate announcement today (10 May), the board said it had appointed Barclays as its financial advisor on the offer. The board said its evaluation of the offer is ongoing.