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DEYU AGRICULTURE CORP.
                     INVESTOR PRESENTATION
                              2012




                                             0
www.deyuagri.com
Safe Harbor Statements



This presentation contains "forward-looking statements" within the meaning of the ―safe-
harbor‖ provisions of the Private Securities Litigation Reform Act of 1995. Such
statements involve known and unknown risks, uncertainties and other factors that could
cause the actual results of the Company to differ materially from the results expressed or
implied by such statements, including changes from anticipated levels of sales, future
national or regional economic and competitive conditions, changes in relationships with
customers, access to capital, difficulties in developing and marketing new products,
marketing existing products, customer acceptance of existing and new products, the
company’s ability to complete additional acquisitions and other factors. Accordingly,
although the Company believes that the expectations reflected in such forward-looking
statements are reasonable, there can be no assurance that such expectations will prove
to be correct. The Company has no obligation to update the forward-looking information
contained in this presentation.



                                                                                             1
www.deyuagri.com
Company Overview

                                                                                               Financial Highlights
                                                                         USD' milliom
                                                                          Revenue
                                                                 300.0                                261.0
•     Vertically integrated value chain of producer,             250.0
      processor, marketer and distributor of over 200 types
                                                                 200.0                                          170.5    175.0
      of organic and other agricultural products made from                       CAGR 143.8%
      corn and grains                                            150.0
                                                                 100.0                         85.2
•     Headquarted in Beijing, with operations in Jinzhong                            40.7
                                                                  50.0     18.0
      City and Quwo County of Shanxi Province
                                                                    -
•     Extensive wholesale network in over 15 provinces                    2008       2009      2010   2011    Jan-Sep. Jan-Sep.
      and a retail distribution network of 20,000 stores in 29                                                  2011     2012
      provinces across China
                                                                         USD' milliom
•     A leading corn processor and distributor in Shanxi                  EBITDA
      Province with storage capacity of over 100,000 tons         20.0                                18.6
                                                                                                                         17.4
      and an annual turnover of 700,000 tons                      18.0
                                                                  16.0                                          14.8
                                                                             CAGR 70.0%
•     Exclusive access to over 109,000 acres of farmland,         14.0                         11.7
                                                                  12.0
      including 17,000 acres owned by Deyu                        10.0                7.6
                                                                   8.0
•     690 fulltime employees plus a part-time/seasonal             6.0     3.8
      working force of varing number of additional                 4.0
      employees                                                    2.0
                                                                    -
                                                                          2008       2009      2010   2011    Jan-Sep. Jan-Sep.
                                                                                                                2011     2012


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    www.deyuagri.com
Investment Highlights




                                           3
www.deyuagri.com
Investment Highlights

                                     • 10+ Years of experience working in the agricultural industry
  Experienced Management Team        • Technical support and cooperation from academic faculties and
                                       research institutes


 Well Established Cultivation in a   • 109,000 acres fertile farmland
  Strategic Geographic Region        • Cooperation with 60,000 farmers

                                     • Automated facilities in Shanxi Province
     Scalable Production Base        • Capacity of 700,000+ tons for corn and 100,000+ tons for grain
                                       processing

                                     • Marketing branded grain and other food products
     Growing Brand Presence          • Brand names of “Deyu”, “Shi-Tie”, “Huichun” &“Taizihu”
                                     • Products recognized in China as green, ecological, organic foods


    Large and Flexible Storage       • Six self-owned warehouses
            Facilities               • Storage capacity of over 100,000 tons

                                     • Close proximity to railway and the transportation hub
       Logistic Advantages
                                     • Exclusive lease agreements with three major railway lines

                                     •   200+ types of organic and non-organic products
  Diversified Product Portfolio &    •   Wholesale network in 15+ provinces,
  Extensive Marketing Network        •   20,000+ retail stores in 29 provinces
                                     •   Exports to Germany, Japan and other counties
                                                                                                          4
www.deyuagri.com
Deyu’s Business Model

                                 Vertical value chain from
                                farmland to end market
material
 Raw




                                 Unique partnership with farmers
                                on shared farmland to deliver
                                strategic industrial and market
                                advantages
    Processing




                                To enter a market demanding
                                highly integrated multiple
                                commercial and community based
                                resources
  Logistics




                                High entry barriers for new
                                competitors: agricultural expertise;
                                crop access; logistics advantages;
                                sales network

                                 Vision: to be a global leader in
 market




                                vertical agriculture value chain to
  End




                                provide diversified product lines
                                delivered to commercial and consumer
                                markets

                                                                   5
          www.deyuagri.com
Growth Strategies

                                                                Develop a
                                                               diversified
                                                               vertical
 Extend Deyu’s operation to other                             agricultural
producing areas such as Jilin and Hebei                        value chain by
Provinces                                                      adding more
                                                               food products
                       Headquarters                            beyond staple
                                                               foods to Deyu’s
                                                               product lines
              Shanxi - Our Base
                                                               Increase commercial sales to the
                                   Beijing
                                                               institutional clients, particularly the grain
                                               Shenyang
                          Shijiazhuang
                                                               products for the consumer market
                                           Tianjin
                         Taiyuan
                                          Jinan
                        Jinzhong                       Jilin   Utilize available global resources and
                                             Nanjing
                       Xi’an
                                                  Shanghai
                                                               organic certifications to expand
                   Chengdu       Wuhan
                                                               exporting to US and other regions
                         Chongqing

                                       Fuzhou
                               Guangzhou

                                         Hebei

                                                                                                               6
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Financial Highlights

                    Fiscal Year 2011 Highlights:

                    • Revenue increased 207.0% year-over-year to $261.6 million
                    • Corn division sales improved 155.7% to $177.7 million
                    • Grain division sales increased 253.0% to $40.5 million
                    • Bulk trading division sales increased 936.2% to $43.3 million
                    • Gross profit improved 96.8% to $43.1 million
                    • Net income available to common stockholders increased 50.4% to $17.3 million
                                              FY 2011                  FY 2010                 CHANGE
                    Revenue                   $261.6 million           $85.2 million           +207.0%
                    Gross profit              $43.1 million            $21.9 million           +96.8%
                    Net Income                $17.3 million            $11.5 million           +50.4%
                    EPS (Diluted)             $1.42                    $1.16                   +22.4%


                   For the Nine months ended September 30, 2012 Highlights:

                   • From Q3 2011 to Q3 2012, revenue increased 2.7% to 175.0 million;
                   • Corn division sales decreased 1.6% to $115.5 million;
                   • Grain division sales rose 76.8% to $46.7 million;
                   • Bulk trading division gross margin increased by 150 basis points;
                   • Gross profit improved 17.3% to $33.1million;
                   • Net income available to common stockholders decreased 10.7% to $12.51 million
                                             Jan – Sep. of 2012       Jan – Sep. of 2011      CHANGE
                   Revenue                   $175.0 million           $170.5 million          +2.7%
                   Gross profit              $33.1 million            $29.5 million           +12.3%
                   Net Income*               $12.8 million            $13.6 million           -5.8%
                                                                                                         7
                   EPS (Diluted)**           $1.02                    $1.15                   -11.3%
www.deyuagri.com
Equity Snapshot



Ticker Symbol                                                                                   DEYU.OB

Recent Price (Nov. 16, 2012)                                                                        $1.00

Common Shares Outstanding (6/30/2012)                                                         10.6 million

Fully Diluted Shares Outstanding (6/30/2012)
                                                                                              12.6 million

Market Capitalization (Fully Diluted) (6/30/2012)                                            $12.6 million

Revenue (FY 2011)*                                                                          $261.6 million

Net Income (FY 2011)*                                                                        $17.3 million

Diluted EPS (FY 2011)*                                                                              $1.42

P/E (FY 2011)*                                                                                      X0.70

  * FY 2011: based on the operation results of fiscal year ended December 31, 2011
                                                                                                             8
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Market Highlights




                                       9
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Corn Division

    Corn products                                                            China Corn Consumption

   Partially processed –                                  Million tons
    cleaned, husked, sifted and dried
                                                            200
   Sold in bulk to major food companies and
                                                            150
    livestock feed producers
                                                            100
   Deyu’s corn is among the very best in
    China due to its high germ protein and                   50
    germ oil contents, rich resources of 10
                                                              0
    types of fatty acids, more than 50% of




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    which are rich in vitamins A and E




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   A difficult market to enter as China no                       Source: USDA
    longer issues new licenses to new corn
    processors in Shanxi Province              End Product Usages                             China’s Corn Market
                                                  Cooking oil, Corn starch                      The world’s second-leading
                                                  Corn-based sweeteners                          consumer and
                                                                                                  producer, second only to the
                                                  Livestock feed                                 United States
                                                  Fermentation products                         Accounts for over 20% of the
                                                  Petroleum substitutes ethanol                  world’s corn consumption
                                                   fuels                          7% annual market demand
                                                                                   growth for corn
                                                                                              Source: USDA
                                                                                                                                       10
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Grain Division
      Deyu Grain Products                                             China’s Grain Market Dynamics
          Value-added processing, including                             Highly competitive yet fragmented with no
           peeling, cleaning, grinding and                                major national brands
           packaging, etc.
                                                                         Chinese consumers increasingly becoming
          Organic and non-organic deep-processed                         health and nutrition conscious
           products
          Sold directly to consumers in Chinese                         Fast growing market demands for packaged
           supermarkets and convenience stores                            and unpackaged grain products

          High levels of vitamin B1, dietary fiber and
           trace elements                                             China’s Potential Market Size
          Coarse grains beneficial to diabetic or high               Processed grain food             250-400 g / day *
           blood pressure conditions*
                                                                      Coarse grain and whole           50-100 g / day *
Broad Product Offerings                                               grain food
    Beans—soybeans, mung                                             Bean or bean-based               30-50 g / day *
     beans, bean-based products                                       products
    Wheat—buckwheat, bitter                                          Number of urban residents        691 million
     buckwheat
                                          Fine Millet
    Rice—millet, black rice, purple                                  Potential market size            >$100 billion/year
     rice
                                                        Whole Wheat
    Potatoes—sweet                                                   * Based on dietary guidelines 2011 by the Chinese Nutrition
                                                           Flour      Society, which recommends that adults consume 250-400
     potatoes, taro, yams
                                                                      grams per day of processed grain foods, 50-100 grams per day
* Source: The Chinese Nutrition Society                               of coarse grains and whole grain foods, 30- 50 grams per day 11
                                                                      of bean or bean-based products
    www.deyuagri.com
Product Lines
                   and Strategies



                                    12
www.deyuagri.com
Product Portfolio
                                                                                                         and Development

            During the past several years, we have developed the following diversified product lines
            based on corn and grain:

                                                        "Deyu "Refined Rice
                           Staple Foods                 "Deyu" Flours
                                                        "Deyu" Noodles                                                          Branded Foods

                                                        "Huichun" Vegetarian Foods                                              Retail Sales to
                     Pure Bean-Based Products
                                                                                                                               Customer Market
                                                        "Huichun" Instant Noodles Made of Pure Beans
                                                                                                                              Commercial Sales to
                           Fruit Beverage               "Longquan Villa" Friut Vinegar and Juices                             Institutional Clients

                                                        "Deyu" Packaged and Unpackaged Grains                                 Export to Germany,
                                                                                                                           Japan and Other countries
                   Coarse Grain as Food Materials       "Deyu" Mixed Congee Elements
                                                        "Deyu" Bean Milk Elements
                                                        "Shitie" Refined Millet

                                                        Sold to Livestock feed companies, food and oil manufacturers
                Raw Corn and Other Raw Grains                                                                                Processed Products
                                                                                                                           Sold to Other Companies




                                                                                                                                Raw Materials
                               Corn                        Wheat (1)         Beans (2)       Rices (3)      Potatoes (4)
                                                                                                                           Purchased from Farmers


            (1)The category of Wheat includes Wheat, Oat, Buckwheat, Sorghum, etc.
            (2)The category of Bean inclues Soya bean, Mung bean, Red bean, Kidney bean, Black bean, etc.
            (3)The category of Rice include Rice, Millet, Coix seed, Black rice, Sticky rice and Buckwheat rice, etc.
            (4)The category of potato includes potatoes, sweet potatoes, taro, yams, etc.                                                              13
www.deyuagri.com
Product Portfolio
                                                                               and Development


     Product Development Strategies
     Develop multi-level food product lines and offer series of products to meet the needs of
     different consumer groups, such as:

             consumer product lines for families and restaurants
             food products packaged as gifts for social and commercial special needs
             food selections for high consumer markets and corporate clients

     Enhance quality control, preserve grain products nutrient values, promote green and organic
     concepts, and develop top domestic brands for grain products

     Develop an integrated agriculture value chain to extend product lines (by adding varieties of
     staple foods, including high-quality rice, flour and edible oil etc.) to a full range staple grain food
     products portfolio to meet the China market's ever increasing need for healthy and quality foods.




                                                                                                               14
www.deyuagri.com
Cultivation Base
                     and Farmer



                                      15
www.deyuagri.com
Agricultural Base
                                                                                   in Jinzhong Region

                                          Ideal ecological environment for grain cultivation




   Located in the Jinzhong region of Shanxi Province, next to Taihang Mountain
    at an altitude of between 5,000 to 8,000 feet above sea level
   Ideal climate and soil condition for organic grain cultivation
   Approximately 10 degree day and night temperature variation
   About 158 days of bright sunshine with no frost annually
   135+ days long annual growing season, one of the longest in China
   Grains, being highly drought resistant, require little irrigation and no chemical
    fertilizers and pesticides
   Grains are rich in nutrients, especially in the contents of minerals, rutin,
    cellulose, amino acids, chlorophyll, lecithin and linoleic acid


                                                                                                    16
www.deyuagri.com
Farmland and Farmers

                                                             Cooperation with Farmers
      Farmland Access                                    •   Deyu provides seeds, cultivation
                                                             technology and other support and
  •    Agricultural co-operative
                                                             training to farmers
       agreements signed with the
       governments at both county
                                                         •   Deyu offers above market purchasing
       and village levels in the
                                                             prices to farmers as added incentives
       Jinzhong region
                                                             to ensure the delivery of contracted
                                           Deyu              volumes and quality
  •    20-year exclusive farming
       rights to access approximately    Agriculture
                                                         •   Deyu works closely with over 60,000
       109,000 acres of
                                                             farmers and 200 farmer agents to
       farmland, established as
                                                             ensure production efficiency and quality
       Deyu’s core agriculture base in
       Shanxi Province
                                                         •   A partner for local government and an
  •    Deyu also owns 17,000 acres                           UN farming development project
       of farmland in the same region


   Privilege to government issued licenses for farming cooperatives, land use, etc.
   Farmland expansion by entering more local cooperative agreements
   Strategic move to setup operations in Shanxi, Jilin, Hebei and other key Provinces.
                                                                                                17
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Facilities and
                     Logistics



                                    18
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Facilities and
                                                                              Production Lines

      Manufacturing Facilities                                Production Lines
     Located in Jinzhong and Quwo regions                   Various production equipment, including
     1,780,000 sq. feet lot allocated for facility, of       rice milling machines, filtering
      which 482,000 sq. feet has been fully built.            machines, elevators, color selection
                                                              machines, exhaust fans, automatic
     A logistic center of annual corn turnover of
                                                              packing machines, etc.
      700,000 tons
                                                             4 production lines for simple processed
     Advanced grain production lines with annual
                                                              grain products
      capacity of 105,000 tons
                                                             3 production lines for deep processed
                                                              grain products, which use advanced
                                                              technology in oil extraction, oil purification
                                                              filling, milling, squeezing and
                                                              shaping, sterilization, packaging




         We have also well established OEM partnerships with many cereal food processors
         which have full specialized production lines and advanced technology to complement
         Deyu’s production capacity and the need for a diversified product portfolio.
                                                                                                               19
    www.deyuagri.com
Warehouse and Logistics

                                                        Warehouse Facilities

                                                           Equipped with air ventilation
Storage Capacity
                                                            and detection devices to
   New storage Facilities                                  ensure the optimal condition
       •   Five drying cylinders and six warehouses         needed for cereal storage
       •   Enter services in June 2011                     Infrared temperature sensors
                                                            and 360-degree high
       •   Added 70,000 tons storage capacity
                                                            resolution security cameras
   Current total storage capacity: 100,000 tons with      24-hour real-time monitoring
    turnover capacity of 700,000 tons per year              for water, moisture, mildew
                                                            and pest control


                                                        Logistics
                                                           Short link to main local transportation hub

                                                           Exclusive access to 3 dedicated Jinzhong
                                                            regional railway lines under leases

                                                           Fast, reliable and low cost transportation
                                                            services

                                                                                                          20
 www.deyuagri.com
Distribution and
                      Marketing



                                      21
www.deyuagri.com
Marketing
                                                                and Distribution

Bulk sales to diversified customers in 15 Chinese provinces
                                                                   Headquarters
Customers including:
• livestock feed companies and food manufactures
                                                          Agricultural Base
• corn oil/corn starch manufacturing companies
• governmental procurement agencies
• grain trading companies and wholesalers
                                                                                 Beijing     Shenyang
                                                                        Shijiazhuang   Tianjin
Contracts with over 20,000+ retail stores                              Taiyuan
                                                                                       Jinan
                                                                      Jinzhong
Covering 60 cities in 29 provinces                                   Xi’an
                                                                                           Nanjing

                                                                 Chengdu       Wuhan            Shanghai

Targets large- and mid-sized supermarkets                              Chongqing

                                                                                      Fuzhou
                                                                              Guangzhou




                                                        Export to Germany, Japan
                                                          and other countries


                                                                                                     22
   www.deyuagri.com
Market Demand


                                  Rich in vitamin B1, dietary fiber and trace elements, which are known to
 Grain and Corn                    be beneficial for those with diabetic and high blood pressure conditions*
 Properties                       Corn and corn by-products are frequently used in healthy food; corn oil
                                   is low in cholesterol to help mitigate high blood pressure*

                                  Grain- and corn-based foods increasingly become indispensible
 Growing                           ingredients for healthy and balanced daily diet for Chinese consumers*
 Consumption                      The general population in China, particularly the growing middle
                                   class, is more conscious about health and willing to sepend more for
                                   healthy food

                                  Integration of the rural and urban economies is thought to increase
 Regulatory                        farmers’ living standards and to help build an environmentally
 Support                           friendly, resource-efficient agricultural sector with increasing support
                                   from the governments and public


     Focus on promoting our name brand and increase per-store sales
     Expand product line portfolio through proactive development of new products
     Increase bulk purchase and wholesale of rice, flour, wheat and other products

* Source: The Chinese Nutrition Society                                                                       23
    www.deyuagri.com
Research and
                   Development



                                  24
www.deyuagri.com
Research
                                                                            and Development


Seed                • crop seeds (non-transgenic) developed in cooperation with Chinese Academy of
Breeding              Agricultural Sciences and other leading academic institutions
                    • Hybridization leads to increased output as well as pest and drought resistance


Cultivation         • Developed soil and irrigation upgrades that have boosted
                      yields, quality and acreage


Processing          • Modern equipment, processes and technology
                    • Preserve nutritional content throughout production
                    • Keep products’ natural flavor and organic qualities


Storage             • Advanced quality control system
                    • Professional storage management in full compliance to
                      China’s highly strict food storage rules to ensure food
                      safety

Product             • 10+ Years of expertise in producing grain-based foods
Development
                                                                                                       25
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Company Timeline




                                      26
www.deyuagri.com
History and Milestones
                                                            Acquired Taizihu Group, an operation in deep
                                                   Feb 2012 processed foods and export sales

                                                             Enlarged sales network to include over 20,000
                                              Dec 2011       retail outlets in 29 provinces in China
                                        May 2011         Storage capacity expansion: now 100,000 tons with
                                                         turnover capacity of 700,000 tons per year
                                  July 2010           Enlarged sales network to include over 10,000 retail
                                                      outlets in 12 provinces in China
                          April 2010          Completed a share-exchange transaction with Eco Building
                                              International, Inc. (now called Deyu Agriculture Corp.); quoted
                                              on the OTC Bulletin Board
                        2H 2009         Strategically realigned business focus to processed grain foods
                                        and aggressive branded grain foods marketing
               1H 2009
                                  Modified corporate structure as required for U.S. public listing

            2007-2008      Started to focus on organic growth of corn and grain operations
       2006
                        Established corn processing operations; secured several large customers

     2004          Founded Deyu Agriculture in Shanxi Province with focus on partially processed
                   grains
                                                                                                          27
www.deyuagri.com
Financial Overview
                      And Outlook



                                        28
www.deyuagri.com
Revenue
                                                                                             and Profit Growth


        Revenue                                                           EBITDA

        (US$ millions)                                                    (US$ millions)

                                                                            USD' milliom
          USD' milliom                                                       EBITDA
           Revenue                                                 20.0                                 18.6
300.0                                                                                                                     17.4
                                       261.0                       18.0
                                                                   16.0                                          14.8
250.0                                                                           CAGR 70.0%
                                                                   14.0                          11.7
200.0                                           170.5    175.0     12.0
                CAGR 143.8%
150.0                                                              10.0                    7.6
                                                                    8.0
100.0                           85.2
                                                                    6.0       3.8
                         40.7                                       4.0
 50.0        18.0
                                                                    2.0
   -                                                                 -
            2008         2009   2010   2011    Jan-Sep. Jan-Sep.             2008      2009      2010   2011   Jan-Sep. Jan-Sep.
                                                 2011     2012                                                   2011     2012




                                                                                                                             29
 www.deyuagri.com
Summary
                                                                  Income Statement


                                        2011 FY       2010 FY    Jan-Sep. 2012   Jan-Sep. 2011
   Net revenue                      $261,576,666   $85,174,884    $175,048,803    $170,482,201
   Gross Profit                       43,096,657    21,924,521      33,137,577      29,496,498
   Operating expenses               (21,453,276)   (9,909,628)    (18,203,465)    (12,586,704)
   Operating income                   21,643,381    12,014,893      14,934,112      16,909,794
   Net income                         16,623,431    11,829,974      12,792,626      13,579,977
   Preferred Stock Dividends           (427,917)     (327,721)       (332,087)       (313,550)
   EBITDA (million)                        18.57         11.72           17.40           14.80
   Net Income available to Common
   Stockholders                       17,335,442    11,502,253     $12,505,234     $14,006,735
   Net income per share - basic            $1.64         $1.36           $1.18           $1.34
   Net income per share - diluted          $1.42         $1.16           $1.02           $1.15
   Weighted average number of
   shares outstanding - basic         10,522,432     8,445,880      10,578,570      10,514,243
   Weighted average number of
   shares outstanding - diluted       12,497,164    10,249,041      12,585,860      12,481,313

                                                                                                 30
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Summary
                                                                         Balance Sheet

                                                   As of Sep. 30, 2012   As of December 31, 2011
      Cash and cash equivalents                           $11,963,208                $10,592,702
      Accounts receivable, net                             27,658,431                 36,167,136
      Inventory                                            26,741,018                 20,314,090
      Other current assets                                  7,076,083                 12,051,224
      Total current assets                                 73,438,740                 79,125,152
      Property, plant, and equipment, net                  19,621,491                 12,355,946
      Intangible assets, net                               13,335,500                 10,651,844
      Other assets                                          2,696,265                   727,535
      Total Assets                                       $109,091,996               $102,860,477


      Short-term loan                                     $11,196,379                $14,413,480
      Other liabilities                                    15,564,275                 19,307,539
      Total Liabilities                                    26,760,654                 33,721,019
      Total Equity                                         82,331,342                 69,139,458
      Total Liabilities and Stockholders' Equity         $109,091,996               $102,860,477



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Management Team

Mr. Jianming Hao                                        Mr. Junde Zhang
Chairman of the Board of Directors                      Vice President of the Grain Division
Chief Executive Officer                                  • 10+ years of experience in grain breeding,
• 10+ years of experience in corporate management          cultivation, processing, marketing and management
• Former Manager-in-charge, Finance Dep. with            • Production Director and GM of our Grain Division
  China Merchants Group in HK (publicly listed)            since April 2004, a member of the Yuci People’s
• Master’s degree in Finance, CPA of China                 Congress
Ms. Amy He
Chief Financial Officer                                 Mr. Yongqing Ren
• 7+ years of experience in accounting, finance and     Vice President of the Corn Division
  manufacturing operations management                   • Well experienced in corn
• Former Audit Manager, Deloitte Touche Tohmatsu          breeding, cultivation, processing, marketing and
  CPA Ltd, former Financial Controller of Deyu            management
• Masters Degree, CPA of China and CGA of Canada        • Vice President and General Manager of our Corn
                                                          Division since April 2004
Mr. Greg Chen                                           • To be conferred the honorable title of Industrial
President                                                 Restructuring Leader
• 15+ years of international business
  strategy, development and management                  Mr. Yunlin Ding
• Former Chief Executive Officer of the P-Media Group   Vice President
• Former Director of Capital Market Services Inc,
                                                        • 10+ years of experience in strategy
• Masters of Science degree in EE/Control-Theory
                                                          management and finance
                                                        • Former credit manager for the Industrial and
Mr. Jianbin Zhou                                          Commerce Bank of China, fomer senior project
Chief Operating Officer                                   manager of Beida Qingniao Group, and vice
• 20+ years of experience in business operations          GM of investment department of Beida
• Former VP, Dongsheng International (Beijing)            Qingniao Group, Masters Degree in Economics
  Investment Co., Ltd., former GM, Antai Global
  (Beijing) Risk Management Co., Ltd.                                                                   32
   www.deyuagri.com
Directors and
                                                                                             Audit Committee
Mr. Timothy C. Stevens, Independent Director and Chairman of the Audit Committee
• 30+ years executive leadership, management and client services experience leading law, public accounting, and consulting firms
• Chief Operating Officer of an international law firm, Former Executive Director of Saul Ewing LLP, a Philadelphia law firm, Former
  Officer with Baker & McKenzie’s Hong Kong/China Practice, Former Finance and Administrative partner with PricewaterhouseCoopers
• Graduated from Clifton College and Bristol University, United Kingdom
• ACA from the UK Chartered Accountants’ Qualification Program, Licensed CPA in Massachusetts and a Hong Kong FCPA
Mr. Al Carmona, Independent Director and Member of Audit Committee
•   25+ years of experience in cost and supply chain optimization, brand strategy and competitive analysis
•   Executive VP and Senior Advisor of Mars & Co, a high-end international strategy consulting firm
•   Well-versed in cost and supply chain optimization, brand strategy, competitive analysis and acquisitions, and divestiture analysis
•   Bachelor of Science in Chemical Engineering, Princeton University, MBA from the Wharton Business School, University of Pennsylvania

Mr. Jan Poulsen, Independent Director and Member of Audit Committee
• 20+ years of experience management experience working for international organizations within the food & beverage industry
• M&A advisor for H.T. Capital, Former Chief Financial Officer, Former Finance Manager and Business Development Manager for
  Arla Foods Inc.
• Master of Science in Business Administration and an Auditing degree from Aarhus School of Business in Aarhus, Denmark

Mr. Hong Wang, Director
• 10+ years of experience in corporate management; agricultural business expert
• Former Vice President of Detian Yu, Former GM of Shanxi Dongsheng Guarantee Company Limited
• Bachelor’s degree in Agriculture

    Mr. Longjiang Yuan, Director
•   An acknowledged expert in agricultural technology
•   Vice Director of the Science and Technology Bureau of the Chinese Academy of Agricultureal Sciences (CAAS),
•   Former senior executive of the R&D team at the Institute of Crop Science of the CAAS
•   Former independent director of the board of Shanxi Tunya Seed Industry Co.
•   Master in Plant Genetic Breeding and Bachelor in Genetic Breeding Technology                                                33
    www.deyuagri.com
Contact Information



  Company Contact:                       Investor Relations Contact:

  Mr. Greg Chen, President               Kevin Fickle, President
  Deyu Agriculture Corp.                 NUWA Group LLC.
  Tel: 1-646-820-8085                    1415 Oakland Blvd, Suite 219
  Email: gregchen@china-deyu.com         Walnut Creek, CA 94596
                                         Tel: +1-925-330-8315
  Ms. Amy He, Chief Financial Officer    E-mail: kevin@nuwagroup.com
  Deyu Agriculture Corp.                 Web: http://www.nuwagroup.com
  Tel: +86-10-5224-1802 X389
  E-mail: amy@china-deyu.com             Independent Auditor
                                         KCCW Accountancy Corp.
  Company Web: http://www.deyuagri.com
                                         Legal Counsel
                                         K&L Gates LLP


                                                                         34
www.deyuagri.com
Thank You!

                                35
www.deyuagri.com

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Deyu dec2012ppt

  • 1. DEYU AGRICULTURE CORP. INVESTOR PRESENTATION 2012 0 www.deyuagri.com
  • 2. Safe Harbor Statements This presentation contains "forward-looking statements" within the meaning of the ―safe- harbor‖ provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to differ materially from the results expressed or implied by such statements, including changes from anticipated levels of sales, future national or regional economic and competitive conditions, changes in relationships with customers, access to capital, difficulties in developing and marketing new products, marketing existing products, customer acceptance of existing and new products, the company’s ability to complete additional acquisitions and other factors. Accordingly, although the Company believes that the expectations reflected in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The Company has no obligation to update the forward-looking information contained in this presentation. 1 www.deyuagri.com
  • 3. Company Overview Financial Highlights USD' milliom Revenue 300.0 261.0 • Vertically integrated value chain of producer, 250.0 processor, marketer and distributor of over 200 types 200.0 170.5 175.0 of organic and other agricultural products made from CAGR 143.8% corn and grains 150.0 100.0 85.2 • Headquarted in Beijing, with operations in Jinzhong 40.7 50.0 18.0 City and Quwo County of Shanxi Province - • Extensive wholesale network in over 15 provinces 2008 2009 2010 2011 Jan-Sep. Jan-Sep. and a retail distribution network of 20,000 stores in 29 2011 2012 provinces across China USD' milliom • A leading corn processor and distributor in Shanxi EBITDA Province with storage capacity of over 100,000 tons 20.0 18.6 17.4 and an annual turnover of 700,000 tons 18.0 16.0 14.8 CAGR 70.0% • Exclusive access to over 109,000 acres of farmland, 14.0 11.7 12.0 including 17,000 acres owned by Deyu 10.0 7.6 8.0 • 690 fulltime employees plus a part-time/seasonal 6.0 3.8 working force of varing number of additional 4.0 employees 2.0 - 2008 2009 2010 2011 Jan-Sep. Jan-Sep. 2011 2012 2 www.deyuagri.com
  • 4. Investment Highlights 3 www.deyuagri.com
  • 5. Investment Highlights • 10+ Years of experience working in the agricultural industry Experienced Management Team • Technical support and cooperation from academic faculties and research institutes Well Established Cultivation in a • 109,000 acres fertile farmland Strategic Geographic Region • Cooperation with 60,000 farmers • Automated facilities in Shanxi Province Scalable Production Base • Capacity of 700,000+ tons for corn and 100,000+ tons for grain processing • Marketing branded grain and other food products Growing Brand Presence • Brand names of “Deyu”, “Shi-Tie”, “Huichun” &“Taizihu” • Products recognized in China as green, ecological, organic foods Large and Flexible Storage • Six self-owned warehouses Facilities • Storage capacity of over 100,000 tons • Close proximity to railway and the transportation hub Logistic Advantages • Exclusive lease agreements with three major railway lines • 200+ types of organic and non-organic products Diversified Product Portfolio & • Wholesale network in 15+ provinces, Extensive Marketing Network • 20,000+ retail stores in 29 provinces • Exports to Germany, Japan and other counties 4 www.deyuagri.com
  • 6. Deyu’s Business Model  Vertical value chain from farmland to end market material Raw  Unique partnership with farmers on shared farmland to deliver strategic industrial and market advantages Processing To enter a market demanding highly integrated multiple commercial and community based resources Logistics High entry barriers for new competitors: agricultural expertise; crop access; logistics advantages; sales network  Vision: to be a global leader in market vertical agriculture value chain to End provide diversified product lines delivered to commercial and consumer markets 5 www.deyuagri.com
  • 7. Growth Strategies  Develop a diversified vertical  Extend Deyu’s operation to other agricultural producing areas such as Jilin and Hebei value chain by Provinces adding more food products Headquarters beyond staple foods to Deyu’s product lines Shanxi - Our Base Increase commercial sales to the Beijing institutional clients, particularly the grain Shenyang Shijiazhuang products for the consumer market Tianjin Taiyuan Jinan Jinzhong Jilin Utilize available global resources and Nanjing Xi’an Shanghai organic certifications to expand Chengdu Wuhan exporting to US and other regions Chongqing Fuzhou Guangzhou Hebei 6 www.deyuagri.com
  • 8. Financial Highlights Fiscal Year 2011 Highlights: • Revenue increased 207.0% year-over-year to $261.6 million • Corn division sales improved 155.7% to $177.7 million • Grain division sales increased 253.0% to $40.5 million • Bulk trading division sales increased 936.2% to $43.3 million • Gross profit improved 96.8% to $43.1 million • Net income available to common stockholders increased 50.4% to $17.3 million FY 2011 FY 2010 CHANGE Revenue $261.6 million $85.2 million +207.0% Gross profit $43.1 million $21.9 million +96.8% Net Income $17.3 million $11.5 million +50.4% EPS (Diluted) $1.42 $1.16 +22.4% For the Nine months ended September 30, 2012 Highlights: • From Q3 2011 to Q3 2012, revenue increased 2.7% to 175.0 million; • Corn division sales decreased 1.6% to $115.5 million; • Grain division sales rose 76.8% to $46.7 million; • Bulk trading division gross margin increased by 150 basis points; • Gross profit improved 17.3% to $33.1million; • Net income available to common stockholders decreased 10.7% to $12.51 million Jan – Sep. of 2012 Jan – Sep. of 2011 CHANGE Revenue $175.0 million $170.5 million +2.7% Gross profit $33.1 million $29.5 million +12.3% Net Income* $12.8 million $13.6 million -5.8% 7 EPS (Diluted)** $1.02 $1.15 -11.3% www.deyuagri.com
  • 9. Equity Snapshot Ticker Symbol DEYU.OB Recent Price (Nov. 16, 2012) $1.00 Common Shares Outstanding (6/30/2012) 10.6 million Fully Diluted Shares Outstanding (6/30/2012) 12.6 million Market Capitalization (Fully Diluted) (6/30/2012) $12.6 million Revenue (FY 2011)* $261.6 million Net Income (FY 2011)* $17.3 million Diluted EPS (FY 2011)* $1.42 P/E (FY 2011)* X0.70 * FY 2011: based on the operation results of fiscal year ended December 31, 2011 8 www.deyuagri.com
  • 10. Market Highlights 9 www.deyuagri.com
  • 11. Corn Division Corn products China Corn Consumption  Partially processed – Million tons cleaned, husked, sifted and dried 200  Sold in bulk to major food companies and 150 livestock feed producers 100  Deyu’s corn is among the very best in China due to its high germ protein and 50 germ oil contents, rich resources of 10 0 types of fatty acids, more than 50% of 01 02 03 05 06 07 08 09 10 11 04 which are rich in vitamins A and E 20 20 20 20 20 20 20 20 20 20 20  A difficult market to enter as China no Source: USDA longer issues new licenses to new corn processors in Shanxi Province End Product Usages China’s Corn Market  Cooking oil, Corn starch  The world’s second-leading  Corn-based sweeteners consumer and producer, second only to the  Livestock feed United States  Fermentation products  Accounts for over 20% of the  Petroleum substitutes ethanol world’s corn consumption fuels  7% annual market demand growth for corn Source: USDA 10 www.deyuagri.com
  • 12. Grain Division Deyu Grain Products China’s Grain Market Dynamics  Value-added processing, including  Highly competitive yet fragmented with no peeling, cleaning, grinding and major national brands packaging, etc.  Chinese consumers increasingly becoming  Organic and non-organic deep-processed health and nutrition conscious products  Sold directly to consumers in Chinese  Fast growing market demands for packaged supermarkets and convenience stores and unpackaged grain products  High levels of vitamin B1, dietary fiber and trace elements China’s Potential Market Size  Coarse grains beneficial to diabetic or high Processed grain food 250-400 g / day * blood pressure conditions* Coarse grain and whole 50-100 g / day * Broad Product Offerings grain food  Beans—soybeans, mung Bean or bean-based 30-50 g / day * beans, bean-based products products  Wheat—buckwheat, bitter Number of urban residents 691 million buckwheat Fine Millet  Rice—millet, black rice, purple Potential market size >$100 billion/year rice Whole Wheat  Potatoes—sweet * Based on dietary guidelines 2011 by the Chinese Nutrition Flour Society, which recommends that adults consume 250-400 potatoes, taro, yams grams per day of processed grain foods, 50-100 grams per day * Source: The Chinese Nutrition Society of coarse grains and whole grain foods, 30- 50 grams per day 11 of bean or bean-based products www.deyuagri.com
  • 13. Product Lines and Strategies 12 www.deyuagri.com
  • 14. Product Portfolio and Development During the past several years, we have developed the following diversified product lines based on corn and grain: "Deyu "Refined Rice Staple Foods "Deyu" Flours "Deyu" Noodles Branded Foods "Huichun" Vegetarian Foods Retail Sales to Pure Bean-Based Products Customer Market "Huichun" Instant Noodles Made of Pure Beans Commercial Sales to Fruit Beverage "Longquan Villa" Friut Vinegar and Juices Institutional Clients "Deyu" Packaged and Unpackaged Grains Export to Germany, Japan and Other countries Coarse Grain as Food Materials "Deyu" Mixed Congee Elements "Deyu" Bean Milk Elements "Shitie" Refined Millet Sold to Livestock feed companies, food and oil manufacturers Raw Corn and Other Raw Grains Processed Products Sold to Other Companies Raw Materials Corn Wheat (1) Beans (2) Rices (3) Potatoes (4) Purchased from Farmers (1)The category of Wheat includes Wheat, Oat, Buckwheat, Sorghum, etc. (2)The category of Bean inclues Soya bean, Mung bean, Red bean, Kidney bean, Black bean, etc. (3)The category of Rice include Rice, Millet, Coix seed, Black rice, Sticky rice and Buckwheat rice, etc. (4)The category of potato includes potatoes, sweet potatoes, taro, yams, etc. 13 www.deyuagri.com
  • 15. Product Portfolio and Development Product Development Strategies Develop multi-level food product lines and offer series of products to meet the needs of different consumer groups, such as:  consumer product lines for families and restaurants  food products packaged as gifts for social and commercial special needs  food selections for high consumer markets and corporate clients Enhance quality control, preserve grain products nutrient values, promote green and organic concepts, and develop top domestic brands for grain products Develop an integrated agriculture value chain to extend product lines (by adding varieties of staple foods, including high-quality rice, flour and edible oil etc.) to a full range staple grain food products portfolio to meet the China market's ever increasing need for healthy and quality foods. 14 www.deyuagri.com
  • 16. Cultivation Base and Farmer 15 www.deyuagri.com
  • 17. Agricultural Base in Jinzhong Region Ideal ecological environment for grain cultivation  Located in the Jinzhong region of Shanxi Province, next to Taihang Mountain at an altitude of between 5,000 to 8,000 feet above sea level  Ideal climate and soil condition for organic grain cultivation  Approximately 10 degree day and night temperature variation  About 158 days of bright sunshine with no frost annually  135+ days long annual growing season, one of the longest in China  Grains, being highly drought resistant, require little irrigation and no chemical fertilizers and pesticides  Grains are rich in nutrients, especially in the contents of minerals, rutin, cellulose, amino acids, chlorophyll, lecithin and linoleic acid 16 www.deyuagri.com
  • 18. Farmland and Farmers Cooperation with Farmers Farmland Access • Deyu provides seeds, cultivation technology and other support and • Agricultural co-operative training to farmers agreements signed with the governments at both county • Deyu offers above market purchasing and village levels in the prices to farmers as added incentives Jinzhong region to ensure the delivery of contracted Deyu volumes and quality • 20-year exclusive farming rights to access approximately Agriculture • Deyu works closely with over 60,000 109,000 acres of farmers and 200 farmer agents to farmland, established as ensure production efficiency and quality Deyu’s core agriculture base in Shanxi Province • A partner for local government and an • Deyu also owns 17,000 acres UN farming development project of farmland in the same region  Privilege to government issued licenses for farming cooperatives, land use, etc.  Farmland expansion by entering more local cooperative agreements  Strategic move to setup operations in Shanxi, Jilin, Hebei and other key Provinces. 17 www.deyuagri.com
  • 19. Facilities and Logistics 18 www.deyuagri.com
  • 20. Facilities and Production Lines Manufacturing Facilities Production Lines  Located in Jinzhong and Quwo regions  Various production equipment, including  1,780,000 sq. feet lot allocated for facility, of rice milling machines, filtering which 482,000 sq. feet has been fully built. machines, elevators, color selection machines, exhaust fans, automatic  A logistic center of annual corn turnover of packing machines, etc. 700,000 tons  4 production lines for simple processed  Advanced grain production lines with annual grain products capacity of 105,000 tons  3 production lines for deep processed grain products, which use advanced technology in oil extraction, oil purification filling, milling, squeezing and shaping, sterilization, packaging We have also well established OEM partnerships with many cereal food processors which have full specialized production lines and advanced technology to complement Deyu’s production capacity and the need for a diversified product portfolio. 19 www.deyuagri.com
  • 21. Warehouse and Logistics Warehouse Facilities  Equipped with air ventilation Storage Capacity and detection devices to  New storage Facilities ensure the optimal condition • Five drying cylinders and six warehouses needed for cereal storage • Enter services in June 2011  Infrared temperature sensors and 360-degree high • Added 70,000 tons storage capacity resolution security cameras  Current total storage capacity: 100,000 tons with  24-hour real-time monitoring turnover capacity of 700,000 tons per year for water, moisture, mildew and pest control Logistics  Short link to main local transportation hub  Exclusive access to 3 dedicated Jinzhong regional railway lines under leases  Fast, reliable and low cost transportation services 20 www.deyuagri.com
  • 22. Distribution and Marketing 21 www.deyuagri.com
  • 23. Marketing and Distribution Bulk sales to diversified customers in 15 Chinese provinces Headquarters Customers including: • livestock feed companies and food manufactures Agricultural Base • corn oil/corn starch manufacturing companies • governmental procurement agencies • grain trading companies and wholesalers Beijing Shenyang Shijiazhuang Tianjin Contracts with over 20,000+ retail stores Taiyuan Jinan Jinzhong Covering 60 cities in 29 provinces Xi’an Nanjing Chengdu Wuhan Shanghai Targets large- and mid-sized supermarkets Chongqing Fuzhou Guangzhou Export to Germany, Japan and other countries 22 www.deyuagri.com
  • 24. Market Demand  Rich in vitamin B1, dietary fiber and trace elements, which are known to Grain and Corn be beneficial for those with diabetic and high blood pressure conditions* Properties  Corn and corn by-products are frequently used in healthy food; corn oil is low in cholesterol to help mitigate high blood pressure*  Grain- and corn-based foods increasingly become indispensible Growing ingredients for healthy and balanced daily diet for Chinese consumers* Consumption  The general population in China, particularly the growing middle class, is more conscious about health and willing to sepend more for healthy food  Integration of the rural and urban economies is thought to increase Regulatory farmers’ living standards and to help build an environmentally Support friendly, resource-efficient agricultural sector with increasing support from the governments and public  Focus on promoting our name brand and increase per-store sales  Expand product line portfolio through proactive development of new products  Increase bulk purchase and wholesale of rice, flour, wheat and other products * Source: The Chinese Nutrition Society 23 www.deyuagri.com
  • 25. Research and Development 24 www.deyuagri.com
  • 26. Research and Development Seed • crop seeds (non-transgenic) developed in cooperation with Chinese Academy of Breeding Agricultural Sciences and other leading academic institutions • Hybridization leads to increased output as well as pest and drought resistance Cultivation • Developed soil and irrigation upgrades that have boosted yields, quality and acreage Processing • Modern equipment, processes and technology • Preserve nutritional content throughout production • Keep products’ natural flavor and organic qualities Storage • Advanced quality control system • Professional storage management in full compliance to China’s highly strict food storage rules to ensure food safety Product • 10+ Years of expertise in producing grain-based foods Development 25 www.deyuagri.com
  • 27. Company Timeline 26 www.deyuagri.com
  • 28. History and Milestones Acquired Taizihu Group, an operation in deep Feb 2012 processed foods and export sales Enlarged sales network to include over 20,000 Dec 2011 retail outlets in 29 provinces in China May 2011 Storage capacity expansion: now 100,000 tons with turnover capacity of 700,000 tons per year July 2010 Enlarged sales network to include over 10,000 retail outlets in 12 provinces in China April 2010 Completed a share-exchange transaction with Eco Building International, Inc. (now called Deyu Agriculture Corp.); quoted on the OTC Bulletin Board 2H 2009 Strategically realigned business focus to processed grain foods and aggressive branded grain foods marketing 1H 2009 Modified corporate structure as required for U.S. public listing 2007-2008 Started to focus on organic growth of corn and grain operations 2006 Established corn processing operations; secured several large customers 2004 Founded Deyu Agriculture in Shanxi Province with focus on partially processed grains 27 www.deyuagri.com
  • 29. Financial Overview And Outlook 28 www.deyuagri.com
  • 30. Revenue and Profit Growth Revenue EBITDA (US$ millions) (US$ millions) USD' milliom USD' milliom EBITDA Revenue 20.0 18.6 300.0 17.4 261.0 18.0 16.0 14.8 250.0 CAGR 70.0% 14.0 11.7 200.0 170.5 175.0 12.0 CAGR 143.8% 150.0 10.0 7.6 8.0 100.0 85.2 6.0 3.8 40.7 4.0 50.0 18.0 2.0 - - 2008 2009 2010 2011 Jan-Sep. Jan-Sep. 2008 2009 2010 2011 Jan-Sep. Jan-Sep. 2011 2012 2011 2012 29 www.deyuagri.com
  • 31. Summary Income Statement 2011 FY 2010 FY Jan-Sep. 2012 Jan-Sep. 2011 Net revenue $261,576,666 $85,174,884 $175,048,803 $170,482,201 Gross Profit 43,096,657 21,924,521 33,137,577 29,496,498 Operating expenses (21,453,276) (9,909,628) (18,203,465) (12,586,704) Operating income 21,643,381 12,014,893 14,934,112 16,909,794 Net income 16,623,431 11,829,974 12,792,626 13,579,977 Preferred Stock Dividends (427,917) (327,721) (332,087) (313,550) EBITDA (million) 18.57 11.72 17.40 14.80 Net Income available to Common Stockholders 17,335,442 11,502,253 $12,505,234 $14,006,735 Net income per share - basic $1.64 $1.36 $1.18 $1.34 Net income per share - diluted $1.42 $1.16 $1.02 $1.15 Weighted average number of shares outstanding - basic 10,522,432 8,445,880 10,578,570 10,514,243 Weighted average number of shares outstanding - diluted 12,497,164 10,249,041 12,585,860 12,481,313 30 www.deyuagri.com
  • 32. Summary Balance Sheet As of Sep. 30, 2012 As of December 31, 2011 Cash and cash equivalents $11,963,208 $10,592,702 Accounts receivable, net 27,658,431 36,167,136 Inventory 26,741,018 20,314,090 Other current assets 7,076,083 12,051,224 Total current assets 73,438,740 79,125,152 Property, plant, and equipment, net 19,621,491 12,355,946 Intangible assets, net 13,335,500 10,651,844 Other assets 2,696,265 727,535 Total Assets $109,091,996 $102,860,477 Short-term loan $11,196,379 $14,413,480 Other liabilities 15,564,275 19,307,539 Total Liabilities 26,760,654 33,721,019 Total Equity 82,331,342 69,139,458 Total Liabilities and Stockholders' Equity $109,091,996 $102,860,477 31 www.deyuagri.com
  • 33. Management Team Mr. Jianming Hao Mr. Junde Zhang Chairman of the Board of Directors Vice President of the Grain Division Chief Executive Officer • 10+ years of experience in grain breeding, • 10+ years of experience in corporate management cultivation, processing, marketing and management • Former Manager-in-charge, Finance Dep. with • Production Director and GM of our Grain Division China Merchants Group in HK (publicly listed) since April 2004, a member of the Yuci People’s • Master’s degree in Finance, CPA of China Congress Ms. Amy He Chief Financial Officer Mr. Yongqing Ren • 7+ years of experience in accounting, finance and Vice President of the Corn Division manufacturing operations management • Well experienced in corn • Former Audit Manager, Deloitte Touche Tohmatsu breeding, cultivation, processing, marketing and CPA Ltd, former Financial Controller of Deyu management • Masters Degree, CPA of China and CGA of Canada • Vice President and General Manager of our Corn Division since April 2004 Mr. Greg Chen • To be conferred the honorable title of Industrial President Restructuring Leader • 15+ years of international business strategy, development and management Mr. Yunlin Ding • Former Chief Executive Officer of the P-Media Group Vice President • Former Director of Capital Market Services Inc, • 10+ years of experience in strategy • Masters of Science degree in EE/Control-Theory management and finance • Former credit manager for the Industrial and Mr. Jianbin Zhou Commerce Bank of China, fomer senior project Chief Operating Officer manager of Beida Qingniao Group, and vice • 20+ years of experience in business operations GM of investment department of Beida • Former VP, Dongsheng International (Beijing) Qingniao Group, Masters Degree in Economics Investment Co., Ltd., former GM, Antai Global (Beijing) Risk Management Co., Ltd. 32 www.deyuagri.com
  • 34. Directors and Audit Committee Mr. Timothy C. Stevens, Independent Director and Chairman of the Audit Committee • 30+ years executive leadership, management and client services experience leading law, public accounting, and consulting firms • Chief Operating Officer of an international law firm, Former Executive Director of Saul Ewing LLP, a Philadelphia law firm, Former Officer with Baker & McKenzie’s Hong Kong/China Practice, Former Finance and Administrative partner with PricewaterhouseCoopers • Graduated from Clifton College and Bristol University, United Kingdom • ACA from the UK Chartered Accountants’ Qualification Program, Licensed CPA in Massachusetts and a Hong Kong FCPA Mr. Al Carmona, Independent Director and Member of Audit Committee • 25+ years of experience in cost and supply chain optimization, brand strategy and competitive analysis • Executive VP and Senior Advisor of Mars & Co, a high-end international strategy consulting firm • Well-versed in cost and supply chain optimization, brand strategy, competitive analysis and acquisitions, and divestiture analysis • Bachelor of Science in Chemical Engineering, Princeton University, MBA from the Wharton Business School, University of Pennsylvania Mr. Jan Poulsen, Independent Director and Member of Audit Committee • 20+ years of experience management experience working for international organizations within the food & beverage industry • M&A advisor for H.T. Capital, Former Chief Financial Officer, Former Finance Manager and Business Development Manager for Arla Foods Inc. • Master of Science in Business Administration and an Auditing degree from Aarhus School of Business in Aarhus, Denmark Mr. Hong Wang, Director • 10+ years of experience in corporate management; agricultural business expert • Former Vice President of Detian Yu, Former GM of Shanxi Dongsheng Guarantee Company Limited • Bachelor’s degree in Agriculture Mr. Longjiang Yuan, Director • An acknowledged expert in agricultural technology • Vice Director of the Science and Technology Bureau of the Chinese Academy of Agricultureal Sciences (CAAS), • Former senior executive of the R&D team at the Institute of Crop Science of the CAAS • Former independent director of the board of Shanxi Tunya Seed Industry Co. • Master in Plant Genetic Breeding and Bachelor in Genetic Breeding Technology 33 www.deyuagri.com
  • 35. Contact Information Company Contact: Investor Relations Contact: Mr. Greg Chen, President Kevin Fickle, President Deyu Agriculture Corp. NUWA Group LLC. Tel: 1-646-820-8085 1415 Oakland Blvd, Suite 219 Email: gregchen@china-deyu.com Walnut Creek, CA 94596 Tel: +1-925-330-8315 Ms. Amy He, Chief Financial Officer E-mail: kevin@nuwagroup.com Deyu Agriculture Corp. Web: http://www.nuwagroup.com Tel: +86-10-5224-1802 X389 E-mail: amy@china-deyu.com Independent Auditor KCCW Accountancy Corp. Company Web: http://www.deyuagri.com Legal Counsel K&L Gates LLP 34 www.deyuagri.com
  • 36. Thank You! 35 www.deyuagri.com

Editor's Notes

  1. Update financialHighlights, to 2011 FY and also include 2011Q1 and 2012 Q2