Second Quarter 2010 Highlights
    -- Revenue was $29.2 million, up 21.9% from 2Q2009 with convenience food
       sales improving 62.6% year over year
    -- Gross profit was $6.7 million, up 27.0% from 2Q2009 with gross margins
       of 23.0%, a 90-basis point improvement over 2Q2009
    -- Operating income margin was 15.7% for the quarter, a 255-basis point
       improvement over 2009
    -- Net income was $2.7 million, up 44.4% from 2Q 2009 and earnings per
       diluted shares were $0.10 based on 26.8 million shares


    Second Quarter 2010 Results
                              2Q 2010           2Q 2009             CHANGE
    Net Sales              $29.2 million     $24.0 million          +21.9%
    Gross Profit           $ 6.7 million      $5.3 million          +27.0%
    Net Income             $ 2.7 million      $1.9 million          +44.4%
    EPS (Diluted)*                 $0.10              $0.07         +35.9%

    * Weighted average shares outstanding for Q2 2010 was 26,750,592 and for
      Q2 2009 was 25,177,640

"Sales of chestnut and convenience food products remain the driving force of our operating performance," began Chairman Si Chen of American Lorain. "Chestnut sales benefitted from a return of export orders in key Asian markets which helps level the seasonality of chestnut in China in the first half of the year. We are confident that our new frozen chestnut products will contribute to revenue in the third quarter and are pleased to report we have begun shipping our frozen chestnut raw materials to our Lorain branded retail counters in China, Japan and the Korean market. Convenience food products remain an exciting growth category for our Company. After a series of new product launches, including lunch box entr¨¦es, bean products and cold dishes, we are pleased to report that customers have been purchasing popular items in each product family and we thus expect strong re-orders for these items through the balance of the year."

    Second Quarter 2010 Revenue Segments
                                              Three Months Ended June 30,
                                                   $ millions of USD
                                             2010           2009     % Change
    Chestnut                                 14.9           13.9        7.3%
    Convenience food                         10.3            6.3       62.6%
    Frozen foods                              4.1            3.8        7.7%
    Total                                   $29.2          $24.0       21.9%

Total revenue for the second quarter of 2010 ended June 30, 2010 was $29.2 million, up 21.9% from $24.0 million for the quarter ended June 30, 2009. The increase was primarily due to a higher sales contribution from the convenience food segment, which grew by 62.6% quarter over quarter. In the second quarter of 2010 revenues from convenience food products were 35.1% of total revenues for the quarter, up from 28.9% of total revenues for the quarter ended March 31, 2010. Products in American Lorain's convenience foods product line include "ready to eat" meals and snack foods, "ready to heat" lunch box entrees and "self-heating" meals for military personnel. As of the period ending June 30th 2010, American Lorain has developed and launched more than 100 convenience type foods in the Chinese market and is leveraging its long-standing distributor and retail networks to introduce Lorain(R)-branded convenience foods throughout 5,200 retail points in 26 provinces it currently sells Lorain(R)-branded snack foods.

American Lorain's core product line includes more than 50 varieties of chestnuts and chestnut-based snack. Sales in this category increased 7.3% from the second quarter 2009 and met management expectations. American Lorain's chestnut business accounted for 51% of the Company's revenues and is derived from a combination of domestic and international sales of chestnuts and chestnut-based snack foods. For the quarter, China accounted for 75.4% of chestnut sales. Export markets accounted for the balance of revenues in which Japan, Korea and the United Kingdom remained the largest export markets for the Company.

American Lorain frozen foods are sold in bulk to commercial customers in export markets and quick service restaurant chains like KFC(R) and Pizza Hut(R) restaurants in China. Sales of frozen foods are sold including frozen vegetables and select fruits accounted for 14.0% of revenues in the second of 2010. American Lorain only services a select group of commercial accounts and it is not actively growing this business segment due to its lower margin profile.

Gross profit for the second quarter of 2010 was $6.7 million, a 27.0% increase from $5.3 million in the second quarter of 2009 as a result of increase in revenue. Overall gross profit margin was 23.0% for the second quarter compared to 22.1% for the second quarter of 2009 due to higher margin chestnuts and convenience foods accounting for a higher percentage of revenues in the quarter ended June 30, 2010. Targeted gross margins for each product category are detailed below:

                                                   Gross profit margin (%)
    Chestnut                                              25 - 28
    Convenience food                                      22 - 24
    Frozen foods                                          16 - 18

Operating income for the quarter increased by 45.5% to $4.6 million, with operating margin of 15.7%, versus $3.2 million with operating margin of 13.2% in the second quarter of 2009. Sales and marketing expenses and general and administrative expenses remained flat quarter over quarter at approximately $2.1 million for the quarter.

Net income for the quarter was $2.7 million, an increase of 44.4% from $1.9 million in the same period in 2009. Based on 26,750,592 fully diluted shares outstanding, earnings per diluted share were $0.10 per share, a 35.9% increase over the prior year prior.

    Six Months Results
                                             Six Months Ended June 30,
                                                 $ Millions of USD
                                            2010            2009     % Change
    Chestnut                                27.8            26.5        4.8%
    Convenience food                        17.4             7.3      136.3%
    Frozen foods                             8.6            11.3      (23.8%)
    Total                                  $53.8           $45.2      $19.1%

Total revenue for the first six months of 2010 was $53.8 million, up 19.1% from $45.2 million in the prior year's period. For the first six months in 2010, domestic sales accounted for 81.2% of total revenues while international sales accounted for 18.8% with Japan and South Korea contributing 7.9% and 4.5% of total sales respectively. The trend of increased domestic revenue is consistent with the Company's strategy to gain market share with Chinese consumers.

Gross profit in the first half of fiscal year 2010 was $12.4 million, an increase of 19.0% from $10.5 million in the prior year's corresponding period. The gross profit margin remained constant at 23.1% for the six months ended June 30, 2010 compared to the same period of fiscal 2009.

Operating income in the first half of 2010 was $8.0 million, with operating margin of 14.7%, a 28.5% increase from $6.2 million in the prior year's period.

Net income for the first half of fiscal year 2010 was $4.5 million, compared to $3.6 million in the prior year's corresponding period, a 25.7% increase year over year. Earnings per weighted average diluted share were $0.17 based on 26,750,592 million diluted shares.

Financial Condition

As of June 30, 2010, the Company had $10.3 million in cash, down from $1.8 million as of December 31, 2009; working capital was $45.5 million, on June 30, 2010 and accounts receivable turnover in days for the second quarter of 2010 was 63 days. Cash flow from operations and capital expenditures were $5.5 million and $10.0 million for the first six months of 2010, respectively. With strong cash flow generation and no additional capital expenditures planned for the second half of 2010, the Company expects to end the year in a strong financial position.

Recent Events

June 29, 2010 - American Lorain announced that it has signed a letter of intent to acquire Shandong Greenpia Foodstuff Co. Ltd, a privately-owned food processor specializing in Korean kimchi cold dishes. The deal was valued at approximately $4.3 million with $2.1 million in cash and 731,707 shares of ALN common stock and is expected to be completed in Q3 2010 subject to government approval. The deal is consistent with Management's strategy to allocate more capital to its high growth, high margin convenience food business.

Second Quarter 2010 Conference Call

To attend the call, please use the dial information below. When prompted, ask for the "American Lorain Conference Call" and/or be prepared to provide the conference ID.

    Date:                             August 11, 2010
    Time:                             9:00am ET
    Conference Line Dial-In (U.S.):   1-877-941-1428
    International Dial-In:            1-480-629-9665
    Conference ID:                    4344733
    Webcast link:                     http://viavid.net/dce.aspx?sid=0000793E

Please dial in at least 10-minutes before the call to ensure timely participation. A playback will be available through August 18, 2010. To listen, please call 1-877-870-5176 within the United States or +1-858-384-5517 when calling internationally. Utilize the pass code 4344733 for the replay.

This call is being webcast by ViaVid Broadcasting and can be accessed by clicking on this link http://www.viavid.net , where the webcast can be accessed through August 10, 2011.

About American Lorain Corporation

American Lorain Corporation products include chestnut products, convenience food products and frozen food products. The Company currently sells over 230 products to 26 provinces and administrative regions in China as well as to 42 foreign countries. The Company operates through its four direct and indirect subsidiaries and one leased factory located in China. For further information about American Lorain Corporation, please visit the Company's website at http://www.americanlorai... .

Forward-Looking Statements

This press release contains certain "forward-looking statements" that involve a number of risks and uncertainties. There can be no assurance that such statements will prove to be accurate and the actual results and future events could differ materially from management's current expectations. Such factors include, but are not limited to, the Company's ability to obtain the necessary financing to continue and expand operations, to market its products in new markets and to offer products at competitive pricing, to attract and retain management, and to integrate and maintain technical information and management information systems, political and economic factors in the PRC, compliance requirement of laws and regulations of the PRC, the effects of currency policies and fluctuations, general economic conditions and other factors detailed from time to time in the Company's filings with the United States Securities and Exchange Commission and other regulatory authorities. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    -FINANCIAL TABLES FOLLOW-



                           AMERICAN LORAIN CORPORATION
                           CONSOLIDATED BALANCE SHEETS
                      AT JUNE 30, 2010 AND DECEMBER 31, 2009
                              (Stated in US Dollars)

                                                At June 30,     At December 31,
    ASSETS                                         2010              2009
    Current Assets
    Cash and cash equivalents                  $10,338,791       $12,111,532
    Restricted cash                                741,442         1,299,889
    Short-term investment                        9,413,040         7,320,248
    Trade accounts receivable                   17,509,252        23,025,772
    Other receivables                            5,165,035         7,837,675
    Related party receivable                       167,484           603,116
    Inventory                                   34,075,760        26,400,117
    Advance to suppliers                        15,153,714        16,938,872
    Prepaid expenses and taxes                     171,173           905,266
    Deferred tax asset                             200,072           199,867
    Total current assets                       $92,935,763       $96,642,354

    Property, plant and equipment, net          50,638,174        41,280,407
    Land use rights, net                         3,835,691         3,871,547
    Deposit                                         16,154            16,088
    TOTAL ASSETS                              $147,425,782      $141,810,396

    LIABILITIES AND STOCKHOLDERS' EQUITY
    Current liabilities
    Short-term bank loans                      $37,750,096       $35,488,212
    Long-term Debt - Current Portion               309,910                --
    Accounts payable                             2,209,103         2,614,515
    Taxes payable                                1,197,417         2,235,341
    Accrued liabilities and other
     payables                                    4,571,902         6,422,492
    Deferred tax liabilities                         2,899                --
    Customers deposits                           1,354,956            13,842
    Total Current Liabilities                  $47,396,283       $46,774,402

    Long Term Liabilities
    Long term bank loans                            12,851           294,873

    TOTAL LIABILITIES                          $47,409,134       $47,069,275

    STOCKHOLDERS' EQUITY
    Preferred Stock, $.001 par value,
     5,000,000 shares authorized; 0
     shares issued and outstanding at
     June 30, 2010 and December 31, 2009                --                --
    Common stock, $0.001 par value,
     200,000,000 shares authorized;
     30,240,202 and 30,240,202 shares
     issued and outstanding as of June
     30, 2010 and December 31, 2009,
     respectively                                   30,240            30,240
    Additional paid-in capital                  35,723,552        35,268,603
    Statutory reserves                           8,895,477         8,895,477
    Retained earnings                           42,995,493        38,455,349
    Accumulated other comprehensive
     income                                      5,998,789         6,068,569
    Non-controlling interests                    6,373,097         6,022,883

                                              $100,016,648       $94,741,121

    TOTAL LIABILITIES AND STOCKHOLDERS'
     EQUITY                                   $147,425,782      $141,810,396



                          AMERICAN LORAIN CORPORATION
                      CONSOLIDATED STATEMENTS OF INCOME
            FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2010 AND 2009

                          Three months ended June 30, Six months ended June 30,
                              2010         2009         2010         2009

    Net revenues           $29,218,314  $23,965,924  $53,778,530  $45,166,461
    Cost of revenues       (22,499,645) (18,675,167) (41,335,771) (34,713,370)
    Gross profit            $6,718,669   $5,290,757  $12,442,759  $10,453,091

    Operating expenses
    Selling and marketing
     expenses               (1,194,996)  (1,220,317)  (2,567,348)  (2,391,164)
    General and
     administrative
     expenses                 (932,210)    (914,892)  (1,948,662)  (1,891,197)

    Operating income        $4,591,463   $3,155,548   $7,926,749   $6,170,730

    Investment income              589           --          589           --
    Government subsidy
     income                    196,003       97,663      377,424      196,252
    Interest and other
     income                      8,901      127,279      130,982      208,648
    Other expenses             (44,714)     (69,286)     (72,237)    (181,603)
    Interest expense        (1,023,129)    (744,825)  (1,943,553)  (1,348,651)

    Earnings before tax     $3,729,113   $2,566,379   $6,419,954   $5,045,376

    Income tax                (857,604)    (602,706)  (1,529,596)  (1,183,478)

    Net income              $2,871,509   $1,963,673   $4,890,358   $3,861,898
    Net income
     attributable to:

    -Common Stockholders    $2,679,613   $1,855,628   $4,540,144   $3,611,704
    -Non-controlling
     Interest                  191,896      108,045      350,214      250,194
                            $2,871,509   $1,963,673   $4,890,358   $3,861,898

    Earnings per share
      - Basic                    $0.10        $0.07        $0.17        $0.14
      - Diluted                  $0.10        $0.07        $0.17        $0.14

    Weighted average
     shares outstanding
      - Basic               26,075,413   25,177,640   26,075,413   25,177,640
      - Diluted             26,750,592   25,177,640   26,750,592   25,177,640



                          AMERICAN LORAIN CORPORATION
                      CONSOLIDATED STATEMENTS OF CASH FLOW
             FOR THE TH REE AND SIX MONTHS ENDED JUNE 30, 2010 AND 2009
                          (Stated in US Dollars)

                         Three months ended June 30, Six months ended June 30,
                                2010        2009         2010         2009
    Cash flows from
     operating activities
    Net income               $2,871,509  $1,963,673   $4,890,358   $3,861,898
     Stock and share based
      compensation              205,943          --      454,949           --
     Depreciation               322,416     331,026      687,985      665,480
     Amortization                33,341      91,615       69,061      135,992
     (Increase)/decrease in
      accounts & other
      receivables             4,205,909  (6,927,729)   8,294,930   (5,234,644)
     (Increase)/decrease in
      inventories             1,798,055     832,815   (7,675,643)  (2,027,754)
     Decrease/(increase) in
      prepayment                972,209   1,002,431      734,094      908,005
     Increase/(decrease) in
      accounts and other
      payables               (1,648,161) (7,086,166)  (1,950,117)  (8,571,918)
     Net cash (used
      in)/provided by
      operating activities    8,761,221  (9,792,335)   5,505,617  (10,262,941)

    Cash flows from
     investing activities
    Sales (investment) in
     short term investment
     fund                            --         (13)      22,227        2,767
    (Increase)/decrease in
     restricted cash            376,613          --      558,448           --
    Payment of land use
     rights                     (18,318)    (98,320)     (33,205)    (121,009)
    Payments for purchase
     of equipment & plant    (9,618,218)   (383,364) (10,045,753)    (526,530)
    Decrease (increase) in
     deposit                         --     213,860           --       (2,045)
    Net cash used in
     investing activities    (9,259,923)   (267,837)  (9,498,283)    (646,817)

    Cash flows from
     financing activities
    Bank borrowings           5,297,856   2,886,255   23,151,602   17,535,302
    Repayment of bank loans  (2,900,729)         --  (20,861,829)          --
    Notes payable                    --   1,614,365           --   (3,594,121)
    Issue of common stock            --       6,147           --        6,152
    Net cash provided
     by/(used in) financing
     activities              $2,397,127  $4,506,767   $2,289,773  $13,947,333

    Net Increase/(decrease)
     of Cash and Cash
     Equivalents              1,898,425  (5,553,405)  (1,702,893)   3,037,575

    Effect of foreign
     currency translation
     on cash and
     cash equivalents           (89,298)    141,404      (69,848)     952,807

    Cash and cash
     equivalents-beginning
     of year                  8,529,664  12,243,722   12,111,532    2,841,339

    Cash and cash
     equivalents-end of
     year                   $10,338,791  $6,831,721  $10,338,791   $6,831,721

    Supplementary cash flow
     information:
    Interest received            $3,998      $1,620       $6,802      $66,610
    Interest paid            $1,018,530    $744,825   $1,938,954   $1,348,651
    Income taxes paid          $649,208    $602,706   $2,489,131   $1,183,478


    For more information, please contact:

    At the company:

     American Lorain Corporation
     Alan Jin, CFO
     Tel:   +86-539-731-7959
     Email: alanjin@americanlorain.com
     Web:   http://www.americanlorain.com

    Investor relations:

     John Mattio, SVP
     HC International, New York
     Tel:   +1-203-616-5144
     Email: john.mattio@hcinternational.net
     Web:   http://www.hcinternational.net

As reported by the Company, the total number of stores in China where consumers can find Lorain(R)-branded products reached 3,578 stores in January of 2010. The number of stores has increased from approximately 2,000 in the middle of 2009. Retail food locations for American Lorain include approximately 818 hypermarkets such as Walmart(R), Carrefour(R) and RT-Mart(R) and approximately 2,760 small to medium sized supermarket chains. American Lorain ships products to retail locations directly and indirectly though 36 sales offices and more than 300 distributors in China.

American Lorain's products are found in 26 provinces in China with a significant concentration of retail placements in China's more populous cities such as 600 stores in Beijing, 400 stores in Shanghai, 400 stores in Wuxi, 300 stores in Guangzhou and 200 stores in Harbin. American Lorain has a goal to increase its retail store footprint to more than 5,000 locations by the end of 2010, which is an increase of 43% in retail locations planned for its 2010 fiscal year.

"We are continuing to evaluate distribution strategies to further expand our retail footprint," began Chairman Si Chen of American Lorain. "A dedicated distributor base is essential for our strategy in 2010 to bolster the marketing and advertising of our products to consumers. The Chinese consumer is extremely brand-conscious and while our efforts to build brand awareness of our Lorain(R) product lines have proven very effective to date, we are always looking for ways to deepen our brand awareness with consumers. We will work to leverage our gains in our retail footprint and marquee relationships with food retailers to focus consumers on Lorain products above our competitors," Chen concluded.

About American Lorain Corporation

American Lorain Corporation is a Nevada corporation that develops, manufactures and sells various food products. The Company's products include chestnut products, convenience food products and frozen food products. The Company currently sells over 234 products to 26 provinces and administrative regions in China as well as to 42 foreign countries. The Company operates through its four direct and indirect subsidiaries and one leased factory located in China. For further information about American Lorain Corporation, please visit the Company's website at http://www.americanlorai... .

Forward-looking statements:

Statements contained herein that relate to the Company's future performance, including statements with respect to forecasted revenues, margins, cash generation and capital expenditures are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance or achievements to differ materially from those anticipated. Such statements are based on current expectations only, and are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. Among the factors that could cause actual results to materially differ include: general business and economic conditions, particularly the current downturn in the worldwide economy; our ability to obtain adequate supplies of raw materials; our ability to manage our expansion strategy; changes in foreign currency exchange rates; government regulation; difficulties in new product development; changing consumer tastes in disparate markets worldwide and our ability to address those changes; our ability to attract and retain highly qualified personnel; and other factors affecting our operations that are set forth in our Annual Report on Form 10-K for the year ended December 31, 2008 filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    For more information, please contact:

    At the company:

    American Lorain Corporation
     Alan Jin, CFO
     Tel:   +86-539-731-7959
     Email: alanjin@americanlorain.com
     Web:   http://www.americanlorain.com

    Investor relations:

    HC International, New York
     John Mattio, SVP
     Tel:   +1-203-616-5144
     Email: john.mattio@hcinternational.net
     Web:   http://www.hcinternational.net

Under the supply agreement with Watson, American Lorain will distribute Sweetheart Chestnut(R) and chestnut kernels to Watson(R)'s 300 plus stores in Shanghai. Watson(R) convenience stores are found throughout Asia and China in stand-alone convenience store locations and airport duty free shops. American Lorain has shipped an initial allocation of Sweetheart(R) Chestnuts and Lorain-branded chestnut kernels to Watson's distribution center in Shanghai for delivery and stocking in Watson's 300 stores in Shanghai.

American Lorain will also start selling its convenience food products in over 100 Jiadeli stores in Shanghai. Jiadeli is a supermarket chain with more than 100 stores in Shanghai. Like many supermarket chains worldwide, Jiadeli maintains a snack food isle where American Lorain's chestnut product and snack food product will be placed on retail for Jiadeli consumers. American Lorain initiated the supplier agreement with Jiadeli with its first shipment of goods, valued at $100,000.

The Company estimates that initial cooperation with Watson and Jiadeli will bring to the Company approximately $1 million in revenue for fiscal year 2010. Negotiations are underway with Watson and Jiadeli to determine on the distribution of more products of American Lorain which could bring additional sales to the Company in fiscal 2010 and beyond.

"We are very pleased to announce the initial cooperation with two retail supermarket chains in Shanghai," commented Mr. CHEN Si, CEO of American Lorain Corporation. "In addition to the earnings contribution, entering Shanghai retail market is a significant milestone of our strategy to strengthen domestic sales channels and expand our distribution network. We will continue to access into new marketplace and bring in new customers, which will provide significant growth driver for us as we leverage our production capacity, respected brand name and expanding distribution network to capitalize on the growth opportunity in China's consumer sector."

About Watson

A.S. Watson Group is an international retail and manufacturing business with operations in 34 markets worldwide. The Group operates over 8,400 retail stores running the gamut from health & beauty, luxury perfumeries & cosmetics to food, electronics, fine wine and airport retail arms. Watson is a member of the world renowned Hong Kong-based conglomerate Hutchison Whampoa Limited. For more information please visit: http://www.aswatson.com .

About Jiadeli

The group was founded in 1998 in Shanghai and currently operates about 150 supermarkets in China, of which around 100 are in Shanghai. For more information please visit: http://www.jiadeli.com.c... .

About American Lorain Corporation

American Lorain Corporation is a Nevada corporation that develops, manufactures and sells various food products. The Company's products include chestnut products, convenience food products and frozen, canned and bulk food products. The Company currently sells over 234 products to 26 provinces and administrative regions in China as well as to 42 foreign countries. The Company operates through its four direct and indirect subsidiaries and one leased factory located in China. For further information about American Lorain Corporation, please visit the Company's website at http://www.americanlorai... .

Forward-looking statements:

Statements contained herein that relate to the Company's future performance, including statements with respect to forecasted revenues, margins, cash generation and capital expenditures are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance or achievements to differ materially from those anticipated. Such statements are based on current expectations only, and are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. Among the factors that could cause actual results to materially differ include: general business and economic conditions, particularly the current downturn in the worldwide economy; our ability to obtain adequate supplies of raw materials; our ability to manage our expansion strategy; changes in foreign currency exchange rates; government regulation; difficulties in new product development; changing consumer tastes in disparate markets worldwide and our ability to address those changes; our ability to attract and retain highly qualified personnel; and other factors affecting our operations that are set forth in our Annual Report on Form 10-K for the year ended December 31, 2008 filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward- looking statements, whether as a result of new information, future events or otherwise.

    For more information, please contact:

    At the company:
     American Lorain Corporation
     Alan Jin, CFO
     Tel:   +86-539-731-7959
     Email: alanjin@americanlorain.com
     Web:   http://www.americanlorain.com

    Investor relations:
     John Mattio, SVP
     HC International, New York
     Tel:   +1-203-616-5144
     Email: john.mattio@hcinternational.net
     Web:   http://www.hcinternational.net

Mr. Si Chen, Chairman and Chief Executive Officer of American Lorain Corporation, stated: "We reaffirm guidance previously provided in our November 13, 2009, third-quarter earnings conference call and expect total sales revenue between $146 million and $148 million for the fiscal year ending December 31, 2009. This would represent a revenue increase of 10%-12% for 2009 over 2008 levels. Furthermore, we expect net income of between $14.4 million and $14.8 million in the 2009 fiscal year. Our expectations for fiscal year 2009 sales revenue and net income are consistent with previous guidance for low-to-medium double-digit top-line growth.

Mr. Chen continued: "For the fiscal year ending December 31, 2010, we issue new guidance for total sales revenue of approximately $182 million to $190 million. This would represent an increase of 25%-30% for 2010 over 2009 levels. We also project income of approximately $17.8 million to $19.0 million in the 2010 fiscal year.

"For fiscal 2010, our revenue and net income projections are based on three major factors. First, our strategy of strengthening our domestic sales channels through shifting sales to agents will provide a wider distribution for our products with access to more supermarkets and convenience stores. Second, our new agreements with popular chain restaurants in China, such as KUNGFU Catering Management Co. Ltd. and CSC Catering Management Co., will begin adding significant revenue in 2010. Third, our nationwide marketing campaign, funded by the recent private placement transaction which raised approximately $12 million, will boost sales, particularly in the convenience food segment."

Mr. Chen continued: "We view our strong sales and earnings thus far in 2009 and our high expectations for full-year 2009 and 2010 as validation of the effectiveness of our business model, our growth strategy and our commitment to providing the highest quality food products to customers."

About American Lorain Corporation

American Lorain Corporation is a Nevada corporation that develops, manufactures and sells various food products. The Company's products include chestnut products, convenience food products and frozen, canned and bulk food products. The Company currently sells over 234 products to 26 provinces and administrative regions in China as well as to 42 foreign countries. The Company operates through its four direct and indirect subsidiaries and one leased factory located in China. For further information about American Lorain Corporation, please visit the Company's website at http://www.americanlorai... .

Forward-looking statements:

Statements contained herein that relate to the Company's future performance, including statements with respect to forecasted revenues, margins, cash generation and capital expenditures are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance or achievements to differ materially from those anticipated. Such statements are based on current expectations only, and are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. Among the factors that could cause actual results to materially differ include: general business and economic conditions, particularly the current downturn in the worldwide economy; our ability to obtain adequate supplies of raw materials; our ability to manage our expansion strategy; changes in foreign currency exchange rates; government regulation; difficulties in new product development; changing consumer tastes in disparate markets worldwide and our ability to address those changes; our ability to attract and retain highly qualified personnel; and other factors affecting our operations that are set forth in our Annual Report on Form 10-K for the year ended December 31, 2008 filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    For more information, please contact:

    At the company:
     American Lorain Corporation
     Alan Jin, CFO
     Tel:   +86-539-731-7959
     Email: alanjin@americanlorain.com
     Web:   http://www.americanlorai...

    Investor relations:
     RedChip Companies, Inc.
     Jon Cunningham
     Tel:   +1-800-733-2447 x107
     Email: info@redchip.com
     Web:   http://www.redchip.com

American Lorain is scheduled to make its presentation Thursday, November 19 at 3:40-4:15 p.m. EST. For more information regarding the conference, please visit http://www.breanmurrayca... .

Investors interested in additional information about American Lorain Corporation or arranging a one-on-one meeting with company executives at this conference or in the New York metro area should contact Jon Cunningham at 407-644-4256, Ext. 107, or email info@redchip.com .

About American Lorain Corporation:

American Lorain Corporation ("American Lorain" or the "Company") is a Nevada corporation that develops, manufactures and sells various food products. The Company's products include chestnut products, convenience food products and frozen, canned and bulk food products. The Company currently sells over 234 products to 26 provinces and administrative regions in China as well as to 42 foreign countries. The Company operates through its four direct and indirect subsidiaries and one leased factory located in China. For more information about American Lorain, please visit the Company's website at http://www.americanlorai... .

    For more information, please contact:

    At the Company:
     American Lorain Corporation
     Alan Jin, CFO
     Tel:   +86-539-731-7959
     Email: alanjin@americanlorain.com
     Web:   http://www.americanlorai...

    Investor Relations:
     RedChip Companies, Inc.
     Jon Cunningham
     Tel:   +1-800-733-2447 x107
     Email: info@redchip.com
     Web:   http://www.RedChip.com

The Company expects to save money as a result of the reincorporation, since Nevada requires no franchise taxes and does not levy a corporate income tax. The provisions of the Nevada Revised Statutes and the existing case law dealing with Nevada corporations generally are considered favorable to management. For details concerning the differences between Delaware and Nevada law and other implications of the redomicile, please refer to the Definitive Information Statement on Schedule 14C filed with the U.S. Securities and Exchange Commission on October 13, 2009, and mailed to the Company's shareholders.

The reincorporation will not result in any change in the Company's business, management, assets or liabilities.

About American Lorain Corporation

American Lorain Corporation is a Nevada corporation that develops, manufactures and sells various food products. The Company's products include chestnut products; convenience foods products (including ready-to-cook foods, ready-to-eat foods, and meals-ready-to-eat); and frozen, canned and bulk foods products. The company currently sells over 234 products to 26 provinces and administrative regions in China as well as to 42 foreign countries. The Company operates through its four direct and indirect subsidiaries and one leased factory located in China. For more information about American Lorain, please visit our website at http://www.americanlorai... .

Forward-Looking Statements

Statements contained herein that relate to the Company's future performance, including statements with respect to forecasted revenues, margins, cash generation and capital expenditures are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance or achievements to differ materially from those anticipated. Such statements are based on current expectations only, and are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. Among the factors that could cause actual results to materially differ include: general business and economic conditions, particularly the current downturn in the worldwide economy; our ability to obtain adequate supplies of raw materials; our ability to manage our expansion strategy; changes in foreign currency exchange rates; government regulation; difficulties in new product development; changing consumer tastes in disparate markets worldwide and our ability to address those changes; our ability to attract and retain highly qualified personnel; and other factors affecting our operations that are set forth in our Annual Report on Form 10-K for the year ended December 31, 2008 filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    For more information, please contact:

    At the Company:
     Alan Jin, CFO
     American Lorain Corporation
     Tel:   +86-539-731-7959
     Email: alanjin@americanlorain.com
     Web:   http://www.americanlorai...

    Investor Relations:
     Jon Cunningham
     RedChip Companies
     Tel:   +1-800-733-2447 x107
     Email: info@redchip.com
     Web:   http://www.RedChip.com

    Third Quarter 2009 Highlights
    -- Net revenues increased 5.3% year-over-year to $38.7 million
    -- Gross profit increased 17.9% year-over-year to $9.1 million
    -- Gross margin was 23.5%, compared to 21.0% for the third quarter of 2008
    -- Net income increased 0.9% year-over-year to $4.5 million
    -- Diluted earnings per share remained constant at $0.18, compared to
       $0.18 for the third quarter of 2008

"We reached a number of important milestones in the third quarter including our move to a senior exchange and the establishment of cooperative agreements with popular restaurant chains that further strengthened our already strong distribution network," said Mr. Si Chen, Chairman and CEO of American Lorain. "We continue to advance our nationwide marketing plans to support expansion of the Lorain brand into new markets in China. Our convenience food products will continue to be developed to balance the seasonality of chestnut sales, which are highest in the months September through January. We are confident that our convenience food products will continue to be a major growth area and will contribute an increasing proportion of our overall sales."

Third Quarter 2009 Results

Net revenues for the third quarter of 2009 increased to $38.7 million, an increase of 5.3% from $36.7 million for the third quarter of 2008. Sales of chestnut products increased 16.3% from the third quarter of 2008 and accounted for 47.3% of total revenue, compared to 43.3% for the third quarter of 2008. Sales of frozen, canned and bulk food (FCB food) decreased 12.6% from the third quarter of 2008 and accounted for 24.8% of total net revenue, compared to 30.2% for the same period of 2008. Sales of convenience food products increased 12.0% and accounted for 27.8% of revenue, compared to 26.5% for the corresponding quarter last year. Revenue growth was in large part due to the Company's marketing efforts and well-established domestic and international distribution network.

During the three months ended September 30, 2009, cost of revenue increased $0.56 million, in comparison to the three months ended September 30, 2008, from $29.0 million to $29.6 million, reflecting an increase of approximately 2%. Approximately 21%, or $0.12 million, of this increase was attributable to an increase in raw material costs, which increased from $27.1 million during the three months ended September 30, 2008 to $27.2 million, or approximately 0.4%, during the three months ended September 30, 2009.

The factors that contributed to the remaining 79% increase in cost of revenues were: an increase in wage expense for factory workers, an increase in depreciation expenses for capital equipment and an increase in the cost of consumables used in conjunction with capital equipment.

Gross profit amounted to $9.1 million for the third quarter of 2009, an increase of 17.9% from $7.7 million for the third quarter of 2008. Gross profit margin was 23.5% for the third quarter of 2009 compared to 21.0% for the corresponding quarter in 2008. The increase in gross profit margin was mainly due to larger percentage of sales in higher margin chestnut and convenience food products during the quarter.

Total operating expenses for the third quarter of 2009 were $2.0 million, or 5.3% of revenue, compared to $1.6 million, or 4.6% of revenue, in the third quarter of 2008. The increase in operating expenses was mainly the result of a 40.2% increase in selling and marketing expenses due to an expansion of the Company's sales network to encompass 26 provinces in China for the third quarter of 2009 compared to 19 provinces for the third quarter of 2008, in addition to marketing expenses incurred by the initiation of a nationwide commercial campaign launched in September for chestnut and convenience food products. Despite this increase in operating expenses, operating income for the third quarter of 2009 was $7.0 million, an increase of 16.3% from $6.0 million for the third quarter of 2008.

Earnings before taxes were $6.2 million for the third quarter of 2009, an increase of 9.5% from $5.6 million for the corresponding quarter of 2008. The Company's effective tax rate was 22.5% for the three months ended September 30, 2009 compared to 16.0% for the same period last year. The increase in effective tax rate was due to increased income tax rates for the Company's operating subsidiaries Junan Hongrun and Beijing Lorain in line with tax reforms implemented by the PRC government.

Net income for the third quarter of 2009 was $4.5 million, or $0.18 per diluted share, an increase of 0.9% from $4.46 million, or $0.18 per diluted share, for the third quarter last year. Diluted weighted average number of shares outstanding was 25,200,136 for the third quarter of 2009.

Nine Month Results

Revenues for the first nine months of 2009 were $83.8 million, up 10.8% from revenues of $75.6 million for the first nine months of 2008. Gross profit was $19.5 million, up 16.0% from gross profit of $16.8 million for the first nine months of 2008. Gross margin was 23.3%, compared to 22.2% for the first nine months of 2008. Operating income was $13.2 million, compared to $12.3 million for the first nine months of fiscal 2008. Net income was $8.1 million, or $0.32 per basic and fully diluted share, compared to $8.3 million, or $0.33 per basic and fully diluted share for the same period a year ago.

Financial Condition

As of September 30, 2009, American Lorain had $4.2 million in cash and cash equivalents, short term bank loans of $34.6 million and $0.3 million in long-term debt. At the end of the third quarter, the Company had a current ratio of 1.8:1 and $33.2 million in working capital. Days sales outstanding for the three months ended September 30, 2009 were 44 days, while days inventory outstanding were 96 days for the same period, compared to 43 days and 80 days respectively for the three months ended September 30, 2008. As of September 30, 2009, the Company's inventories totaled $35.6 million, mainly due to an increase in raw materials. Shareholders' equity totaled $77.5 million as of September 30, 2009 compared to $67.7 million as of December 31, 2008.

For the nine months ended September 30, 2009, the Company used $15.7 million in cash for operating activities mainly due to increase in inventory and decrease in accounts and other payables. Net cash provided by investing activities totaled $1.2 million for the nine months ended September 30, 2009, while net cash provided by financing activities was $14.8 million.

Recent Developments

In September 2009, American Lorain began cooperating with KUNGFU Catering Management Co., Ltd. ("KUNFU") and CSC Catering Management Co., Ltd ("CSC"), two popular restaurant chains. Under the cooperation agreement with KUNGFU, American Lorain will distribute beef products, mixed vegetables, and frozen chestnut kernels for a total sales value of up to RMB 14.4 million (approximately $2.1 million) to be delivered throughout 2010. The Company also began supplying CSC with frozen vegetables and chestnuts and negotiating with CSC headquarters to determine the distribution of more products. These cooperation agreements are part of Lorain's strategy to strengthen domestic sales channels through shifting sales to agents and entering into new market places like large- to mid-sized restaurant chains. In addition, the Company has made further improvements to its "Meals Ready to Eat" (MRE) products based on feedback collected from its market research and entered a strategic alliance with a major convenience store chain, Beijing K.P.I. Hi-24 Convenience Stores Co., Ltd., for strategic cooperation for development of the MRE products.

Business Outlook

In spite of slowdown in export, the outlook for consumer products continues to be strong in China. American Lorain is expanding its domestic distribution channels and broadening its mix of convenience food products to grab new market share.

As part of its efforts to increase domestic sales and to improve efficiency, American Lorain continues to concentrate on developing its distribution channels. The Company is in the process of transitioning the majority of direct domestic sales to agents and thereby obtaining a wider distribution and improved cash flow management. By the end of 2009, the Company plans to have the majority of domestic sales executed through agents. The Company will also focus on developing its brand and raise brand awareness nationwide in China.

"Our focus for the remainder of 2009 will be to launch our nationwide marketing campaign to promote the Lorain brand for our chestnut and convenience foods products," said Mr. Si Chen, Chairman and Chief Executive Officer of American Lorain. "We expect our convenience food segment, which currently comprises about 20 percent of our total revenue, to be a key driver of our growth in the next two years. We are working to expand our marketing efforts in Asia, North America, Europe and the Middle East. We expect to see sales resulting from our initial marketing efforts begin to add to our top line during the first half of 2010."

Conference Call

The Company will conduct a conference call on Friday, November 13, 2009, at 8:00 a.m. EST to discuss its financial results for the third quarter ended September 30, 2009.

To participate in the call please dial (877) 941-4776, or (480) 629-9762 for international calls, approximately 10 minutes prior to the scheduled start time. Interested parties can also listen via a live Internet webcast, which can be found at the Company's website at http://www.americanlorai... .

A replay of the call will be available for two weeks from 11:00 a.m. November 13, 2009, EST until 11:59 p.m. EST on November 27, 2009. The number for the replay is (800) 406-7325, or (303) 590-3030 for international calls; the passcode for the replay is 4183661. In addition, a recording of the call will be available via the company's website at http://www.americanlorai... for one year.

About American Lorain Corporation

American Lorain Corporation ("American Lorain" or the "Company") is a Delaware corporation that develops, manufactures and sells various food products. The Company's products include chestnut products; convenience food products and frozen, canned and bulk food products. The Company currently sells over 234 products to 26 provinces and administrative regions in China as well as to 42 foreign countries. The Company operates through its four direct and indirect subsidiaries and one leased factory located in China. For more information about American Lorain, please visit the company's website at http://www.americanlorai... .

Forward-Looking Statements

Statements contained herein that relate to the Company's future performance, including statements with respect to forecasted revenues, margins, cash generation and capital expenditures are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance or achievements to differ materially from those anticipated. Such statements are based on current expectations only, and are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. Among the factors that could cause actual results to materially differ include: general business and economic conditions, particularly the current downturn in the worldwide economy; our ability to obtain adequate supplies of raw materials; our ability to manage our expansion strategy; changes in foreign currency exchange rates; government regulation; difficulties in new product development; changing consumer tastes in disparate markets worldwide and our ability to address those changes; our ability to attract and retain highly qualified personnel; and other factors affecting our operations that are set forth in our Annual Report on Form 10-K for the year ended December 31, 2008 filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

--FINANCIAL TABLES FOLLOW-- CONSOLIDATED STATEMENTS OF INCOME FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2009 AND 2008 (Stated in U.S. dollars) Three months ended Sept.30, Nine months ended Sept.30, 2009 2008 2009 2008 Net revenues $38,674,651 $36,727,394 $83,841,112 $75,680,120 Cost of revenues (29,566,601) (29,000,724) (64,279,971) (58,819,320) Gross profit $9,108,050 $7,726,670 $19,561,141 $16,860,800 Operating expenses Selling and marketing expenses (1,165,107) (831,138) (3,556,271) (2,066,156) General and administrative expenses (906,847) (847,896) (2,798,044) (2,480,240) Operating income $7,036,096 $6,047,636 $13,206,826 $12,314,404 Investment income -- -- -- -- Government subsidy income 43,864 393 240,118 37,635 Interest and other income 24,196 180,641 232,844 288,439 Other expenses (52,694) 56,706 (234,298) (48,281) Interest expense (857,089) (627,148) (2,205,740) (1,900,846) Earnings before tax $6,194,373 $5,658,228 $11,239,750 $10,691,351 Income tax (1,396,694) (904,827) (2,580,172) (1,788,402) Net income $4,797,679 $4,753,401 $8,659,578 $8,902,949 Net income attributable to: - Parent $4,497,364 $4,458,659 $8,109,069 $8,307,737 - Non-controlling Interest 300,315 294,742 550,509 595,212 $4,797,679 $4,753,401 $8,659,578 $8,902,949 Earnings per share - Basic $0.18 $0.18 $0.32 $0.33 - Diluted $0.18 $0.18 $0.32 $0.33 Weighted average shares outstanding - Basic 25,177,640 24,923,179 25,177,640 24,923,178 - Diluted 25,200,136 24,923,179 25,717,588 25,282,206 CONSOLIDATED BALANCE SHEETS AS OF SEPTEMBER 30, 2009 AND DECEMBER 31, 2008 (Stated in U.S. dollars) (Audited) 9/30/2009 12/31/2008 ASSETS Current Assets Cash and cash equivalents $4,161,802 $2,841,339 Restricted cash 1,008,007 3,715,998 Short-term investment 51,919 113,069 Trade accounts receivable 17,745,011 25,293,326 Other receivables 4,402,879 5,107,719 Inventory 35,606,922 24,827,922 Advance to suppliers 12,528,032 415,009 Prepaid expenses and taxes 1,077,904 1,228,648 Total current assets $76,582,476 $63,543,030 Property, plant and equipment, net 40,667,653 40,201,686 Land use rights, net 3,918,315 3,950,927 Other assets & goodwill 2,047 -- TOTAL ASSETS $121,170,491 $107,695,643 Current liabilities Short-term bank loans $34,588,160 $14,414,996 Long-term bank loans current portion 83,000 -- Notes payable -- 5,208,485 Accounts payable 2,417,468 6,072,883 Taxes payable 1,413,194 2,682,658 Accrued liabilities and other payables 4,788,869 10,291,237 Customers deposits 78,836 748,732 Total Current Liabilities $43,369,527 $39,418,991 Long Term Liabilities Long term bank loans 321,544 576,975 TOTAL LIABILITIES $43,369,527 $39,995,966 STOCKHOLDERS' EQUITY Common stock, $0.001 par value, 200,000,000 shares authorized; 25,177,640 and 25,172,640 shares issued and outstanding as of September 30, 2009 and December 31, 2008, respectively 25,177 25,172 Additional paid-in capital 24,273,650 24,187,019 Statutory reserves 5,680,512 5,438,723 Retained earnings 35,615,406 27,748,126 Accumulated other comprehensive income 6,212,145 5,178,616 Non-controlling interests 5,672,530 5,122,021 $77,479,420 $67,699,677 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $121,170,491 $107,695,643 CONSOLIDATED STATEMENTS OF CASH FLOW FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2009 AND 2008 (Stated in U.S. dollars) Nine months ended September 30, 2009 2008 Cash flows from operating activities Net income $8,109,069 $8,307,737 Minority interest 550,509 595,212 Share-based compensation 86,636 -- Depreciation 942,173 975,125 Amortization 158,209 209,102 (Increase)/decrease in accounts & other receivables 7,583,260 23,939,692 (Increase)/decrease in inventories (10,778,999) (14,099,060) Increase/(decrease) in accounts and other payables (22,389,528) (15,296,367) Net cash (used in)/provided by operating activities (15,738,671) 4,631,441 Cash flows from investing activities Purchase of plant and equipment (1,408,140) (5,739,946) Payment of construction in progress -- -- (Increase)/decrease in restricted cash 2,707,991 (2,472,807) Payment of land use rights (125,600) (1,123,069) Proceeds from sale of investment securities 61,151 -- Purchase of investment securities -- (1,620,924) Payments for deposits (2,045) (2,751,740) Net cash used in investing activities 1,233,357 (13,708,486) Cash flows from financing activities Bank borrowings 20,000,733 4,738,607 Notes payable (5,208,485) 1,743,973 Net cash provided by/(used in) financing activities $14,792,248 $6,482,580 Net Increase/(decrease) of Cash and Cash Equivalents 286,934 (2,594,465) Effect of foreign currency translation on cash and cash equivalents 1,033,529 4,384,819 Cash and cash equivalents-beginning of year 2,841,339 6,769,973 Cash and cash equivalents-end of year $4,161,802 $8,560,327 Supplementary cash flow information: Interest received $70,502 $68,612 Interest paid $2,205,740 $1,900,846 Taxes paid $2,580,172 $1,788,402

The accompanying notes in the Company's filings with the Securities and Exchange Commission are an integral part of these consolidated financial statements.

For more information, please contact: At the Company: American Lorain Corporation Alan Jin, CFO Tel: +86-539-731-7959 Email: alanjin@americanlorain.com Web: http://www.americanlorai... Investor Relations: RedChip Companies Jon Cunningham Tel: +1-800-733-2447 x107 Email: info@redchip.com Web: http://www.RedChip.com

To participate in the call please dial (877) 941-4776, or (480) 629-9762 for international calls, approximately 10 minutes prior to the scheduled start time. Interested parties can also listen via a live Internet webcast, which can be found at the Company's website at http://www.americanlorai... .

A replay of the call will be available for two weeks from 11:00 a.m. November 13, 2009, EST until 11:59 p.m. EST on November 27, 2009. The number for the replay is (800) 406-7325, or (303) 590-3030 for international calls; the passcode for the replay is 4183661. In addition, a recording of the call will be available via the company's website at http://www.americanlorai... for one year.

About American Lorain Corporation

American Lorain Corporation is a Delaware corporation that develops, manufactures and sells various food products. The Company's products include chestnut products; convenience foods products (including ready-to-cook foods, ready-to-eat foods, and meals-ready-to-eat); and frozen, canned and bulk foods products. The company currently sells over 234 products to 26 provinces and administrative regions in China as well as to 42 foreign countries. The Company operates through its four direct and indirect subsidiaries and one leased factory located in China. For more information about American Lorain, please visit our website at http://www.americanlorai... .

    For more information, please contact:

    At the Company:
     Alan Jin, CFO
     American Lorain Corporation
     Tel:   +86-539-731-7959
     Email: alanjin@americanlorain.com
     Web:   http://www.americanlorai...

    Investor Relations:
     Jon Cunningham
     RedChip Companies
     Tel:   +1-800-733-2447 x107
     Email: info@redchip.com
     Web:   http://www.RedChip.com

This year, American Lorain presented all of its domestic market products including chestnut products and newly developed convenience foods. At the event, the Company met with several current customers and discussed plans for further cooperation as well as introduced them to the new products. In addition, numerous new customers expressed great interest in American Lorain's products and in further cooperation with the company.

Held each spring and autumn, the National Food, Wine & Spirits Fair premiered in 1955. After more than half a century of development, the fair now has more than 100,000 meters of exhibiting area and over 6,000 exhibitors with transaction returns estimated at more than RMB 10 billion.

About American Lorain

American Lorain Corporation ("American Lorain" or the "Company") is a Delaware corporation that develops, manufactures and sells various food products. The Company's products include chestnut products; convenience foods products (including ready-to-cook foods, ready-to-eat foods, and meals-ready-to-eat); and frozen, canned and bulk foods products. The Company currently sells over 234 products to 26 provinces and administrative regions in China as well as to 42 foreign countries. The Company operates through its four direct and indirect subsidiaries and one leased factory located in China. For more information about American Lorain, please visit the Company website at http://www.americanlorai... .

Forward-Looking Statements

Statements contained herein that relate to the Company's future performance, including statements with respect to forecasted revenues, margins, cash generation and capital expenditures are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve a number of risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance or achievements to differ materially from those anticipated. Such statements are based on current expectations only, and are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. Among the factors that could cause actual results to materially differ include: general business and economic conditions, particularly the current downturn in the worldwide economy; our ability to obtain adequate supplies of raw materials; our ability to manage our expansion strategy; changes in foreign currency exchange rates; government regulation; difficulties in new product development; changing consumer tastes in disparate markets worldwide and our ability to address those changes; our ability to attract and retain highly qualified personnel; and other factors affecting our operations that are set forth in our Annual Report on Form 10-K for the year ended December 31, 2008 filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    For more information, please contact:

    At the Company:
     Alan Jin, CFO
     American Lorain Corporation
     Tel:   +86-21-6145-3891
     Email: alanjin@americanlorain.com
     Web:   http://www.americanlorai...

    Investor Relations:
     Jon Cunningham
     RedChip Companies
     Tel:   +1-800-733-2447 x107
     Email: info@redchip.com
     Web:   http://www.RedChip.com

In addition to focusing on domestic market development in the PRC, American Lorain is continuing efforts to expand its international business. In this international trade show, Lorain will not only showcase its traditional chestnut, frozen fruit and vegetables products but will also showcase its newly developed canned bean products, which are targeted especially for European and American markets. The company will utilize the direct market feedback obtained at Anuga for further product enhancements.

The biennial Anuga exhibition in Germany is considered by many to be the world's most important international food show and trading hub for food and drink products. Food and beverage producers, sales agents, and related companies from all over the world will attend the fair to establish contact with new customers, make orders and communicate with current customers. In 2007, there were 6,607 exhibitors from 95 countries who attended Anuga, 83 percent coming from outside of Germany. The trade show attracts over 160,000 visitors from 175 countries. This year, around 480 Chinese exhibitors will participate.

The trade show is only open to trade visitors from the retail trade and from the food service and catering market. For more information, visit www.anuga.com.

About American Lorain

American Lorain Corporation ("American Lorain" or the "Company") is a Delaware corporation that develops, manufactures and sells various food products. The Company's products include chestnut products; convenience foods products (including ready-to-cook foods, ready-to-eat foods, and meals-ready-to-eat); and frozen, canned and bulk foods products. The Company currently sells over 234 products to 26 provinces and administrative regions in China as well as to 42 foreign countries. The Company operates through its four direct and indirect subsidiaries and one leased factory located in China. For more information about American Lorain, please visit the Company website at http://www.americanlorai....

    Contact:

    At the Company:

    American Lorain Corporation
    Alan Jin, CFO
    +86-21-6145-3891
    alanjin@americanlorain.com
    http://www.americanlorai...

    Investor Relations:

    RedChip Companies
    Jon Cunningham
    (800) 733-2447, Ext. 107
    info@redchip.com
    http://www.RedChip.com

JUNTA COUNTY, China, Oct. 1 /PRNewswire-Asia-FirstCall/ -- American Lorain Corporation (NYSE Amex: ALN) ("American Lorain" or the "Company"), an international processed foods company based in Shandong Province, People's Republic of China ("PRC"), today announced the Company's participation in financial conferences scheduled in October 2009. Chief Financial Officer of American Lorain, Alan Jin, will present at the 2009 RedChip New York Equities Conference being held September 30th through October 1st, 2009 at the NASDAQ MarketSite. In addition, Si Chen, Chief Executive Officer, and Yinglee Tseng, Corporate Secretary, will present at the 2009 Roth China Conference, scheduled for October 12-14, 2009, at Fontainebleau, Miami Beach, Florida.

Details on these events are as follows:

-- Alan Jin will deliver the keynote presentation at the RedChip New York Equities Conference on Thursday, October 1st, at 12:30 p.m. EDT at the NASDAQ MarketSite (4 Times Square). The corporate presentation will be webcast live via http://www.RedChip.com and will be archived for later viewing for 90 days on the site.

-- Si Chen and Yinglee Tseng will be presenting at the 2009 Roth China Conference at Fontainebleau, Miami Beach, Florida, October 13th, at 5:30 p.m. EDT. The event will feature presentations from a select group of U.S.-listed Chinese companies in order to showcase areas and industries with attractive growth potential. Over 60 companies will be presenting at the conference, including U.S.-listed Chinese companies and U.S.-based companies with expected growth prospects in China.

Investors who are interested in additional information about American Lorain or who would like to schedule a one-on-one meeting with the company at these events or in the respective metro areas should contact Dave Gentry at 407-644-4256, Ext. 104, or email info@redchip.com.

About American Lorain

American Lorain Corporation ("American Lorain" or the "Company") is a Delaware corporation that develops, manufactures and sells various food products. The Company's products include chestnut products; convenience foods products (including ready-to-cook foods, ready-to-eat foods, and meals-ready- to-eat); and frozen, canned and bulk foods products. The Company currently sells over 234 products to 26 provinces and administrative regions in China as well as to 42 foreign countries. The Company operates through its four direct and indirect subsidiaries and one leased factory located in China. For more information about American Lorain, please visit the Company website at http://www.americanlorai....

    Contact:

    At the Company:

    American Lorain Corp
    Mr. Alan Jin, CFO
    Phone: +86-21-6145-3891
    Email: alanjin@americanlorain.com
    Web:  http://www.americanlorai...

    Investor Relations:

    RedChip Companies
    Jon Cunningham
    (800) 733-2447, Ext. 107
    info@redchip.com
    http://www.RedChip.com

Under the cooperation agreement with KUNGFU, American Lorain will distribute beef products, mixed vegetables, and frozen chestnut kernels for a total sales value of up to RMB 14.4 million (approximately $2.1 million) to be delivered throughout 2010. The Company has already begun supplying CSC with frozen vegetables and chestnuts and is currently in negotiations with CSC headquarters to determine the distribution of more products. The Company estimates that the increased cooperation with CSC may add approximately RMB 60.0 million (approximately $8.8 million) in revenue for fiscal year 2010.

These cooperation agreements are part of American Lorain's strategy to strengthen domestic sales channels through shifting sales to agents and entering into new market places like large- to mid-sized restaurant chains. In 2008, the Company signed a distribution contract with Yum! Brands China Division to provide frozen, canned and bulk food products for its restaurants. The Company continues to distribute products under the contract.

"We are honored to cooperate with KUNGFU and CSC and believe we can provide these restaurant chains with a stable supply of high-quality food products and superior services, thus helping them eliminate food safety concerns and the need to establish stricter quality control standards," said Mr. Si Chen, Chief Executive Officer of American Lorain. "In recent years, chain restaurants have grown in popularity in China for their convenience, consistent quality, and neatness. Cooperating with them should help us reach a broader consumer base domestically."

About KUNGFU Catering Management Co., Ltd

KUNGFU Catering Management Co., Ltd was founded in 1994. As China's first chain restaurant to achieve the Chinese Fast Food Standardization certificate, KUNGFU has adhered to international standards on quality, service and sanitation. Currently, KUNGFU operates 332 restaurants in Guangzhou, Beijing, Shanghai, Shenzhen, Hangzhou, Suzhou and other major cities, and is becoming one of the leading Chinese fast food brands. For more information, please visit http://www.zkungfu.com .

About CSC Catering Management Co., Ltd.

CSC ("Country Style Cooking") Catering Management Co., Ltd. was established in Chongqing in 1996 and operates based on a model by the American CSC International Management Corporation. CSC is the leading healthy fast food brand in the southwestern China and currently owns 70 restaurants in Chongqing. The chain plans to open more than 100 restaurants under its own control in municipalities and provincial capitals throughout China, expanding to Shanghai, Chengdu, Xi'an and other cities within the next three years. For more information, please visit http://www.csc100.com .

About American Lorain Corporation

American Lorain Corporation ("American Lorain" or the "Company") is a Delaware corporation that develops, manufactures and sells various food products. The Company's products include chestnut products; convenience foods products (including ready-to-cook foods, ready-to-eat foods, and meals-ready-to-eat); and frozen, canned and bulk foods products. The Company currently sells over 234 products to 26 provinces and administrative regions in China as well as to 42 foreign countries. The Company operates through its four direct and indirect subsidiaries and one leased factory located in China. For more information about American Lorain, please visit our website at http://www.americanlorai... .

Forward-Looking Statements

Statements contained herein that relate to the Company's future performance, including statements with respect to forecasted revenues, margins, cash generation and capital expenditures are "forward-looking statements." Such statements involve a number of risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance or achievements to differ materially from those anticipated. Such statements are based on current expectations only, and are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. Among the factors that could cause actual results to materially differ include: general business and economic conditions, particularly the current downturn in the worldwide economy; our ability to obtain adequate supplies of raw materials; our ability to manage our expansion strategy; changes in foreign currency exchange rates; government regulation; difficulties in new product development; changing consumer tastes in disparate markets worldwide and our ability to address those changes; our ability to attract and retain highly qualified personnel; and other factors affecting our operations that are set forth in our Annual Report on Form 10-K for the year ended December 31, 2008 filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward- looking statements, whether as a result of new information, future events or otherwise.

    For more information, please contact:

    American Lorain Corp
     Mr. Alan Jin, CFO
     Phone: +86-21-6145-3891
     Email: alanjin@americanlorain.com
     Web:   http://www.americanlorai...

    CCG Investor Relations
     Mr. Crocker Coulson, President
     Phone: +1-646-213-1915
     Email: crocker.coulson@ccgir.com

     Ms. Linda Salo, Financial Writer
     Phone: +1-646-922-0894
     Email: Linda.salo@ccgir.com
     Web:   http://www.ccgirasia.com

"Moving from the OTC BB to NYSE Amex is a major milestone for American Lorain, as we strive to improve liquidity and transparency for our shareholders. Trading on NYSE Amex is also an important endorsement of the Company as a major player in the food processing industry in China and helps us build credibility with our customers worldwide," said Mr. Si Chen, CEO and Chairman of American Lorain. "We are excited and honored to join the NYSE Amex group of companies and expect to attract additional interest from the investment community following our listing on this senior exchange. We wish to thank our management team, dedicated employees, shareholders and loyal customers for their ongoing support."

"We are pleased to welcome the listing of American Lorain Corporation, a major processed foods company, on NYSE Amex," said Michael Yang, Chief Representative of Beijing Office, NYSE Euronext. "We look forward to a lasting partnership with the company and its shareholders."

About American Lorain Corporation

American Lorain Corporation ("American Lorain" or the "Company") is a Delaware corporation that develops, manufactures and sells various food products. The Company's products include chestnut products; convenience foods products (including ready-to-cook foods, ready-to-eat foods, and meals-ready-to-eat); and frozen, canned and bulk foods products. The Company currently sells over 234 products to 26 provinces and administrative regions in China as well as to 42 foreign countries. The Company operates through its four direct and indirect subsidiaries and one leased factory located in China. For more information about American Lorain, please visit our website at http://www.americanlorai... .

Forward-Looking Statements

Statements contained herein that relate to the Company's future performance, including statements with respect to forecasted revenues, margins, cash generation and capital expenditures are "forward-looking statements." Such statements involve a number of risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance or achievements to differ materially from those anticipated. Such statements are based on current expectations only, and are subject to certain risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. Among the factors that could cause actual results to materially differ include: general business and economic conditions, particularly the current downturn in the worldwide economy; our ability to obtain adequate supplies of raw materials; our ability to manage our expansion strategy; changes in foreign currency exchange rates; government regulation; difficulties in new product development; changing consumer tastes in disparate markets worldwide and our ability to address those changes; our ability to attract and retain highly qualified personnel; and other factors affecting our operations that are set forth in our Annual Report on Form 10-K for the year ended December 31, 2008 filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    For more information, please contact:

    American Lorain Corp
     Mr. Alan Jin, CFO
     Phone: +86-21-6145-3891
     Email: alanjin@americanlorain.com
     Web:   http://www.americanlorai...

    CCG Investor Relations
     Mr. Crocker Coulson, President
     Phone: +1-646-213-1915
     Email: crocker.coulson@ccgir.com

     Ms. Linda Salo, Financial Writer
     Phone: +1-646-922-0894
     Email: Linda.salo@ccgir.com
     Web:   http://www.ccgirasia.com

The date, time and location of American Lorain's presentation at the conference are as follows:

    Date:    Wednesday, September 9, 2009
    Time:    10:25AM Eastern Time
    Venue:   Asia Track, Kennedy I Salon (4th Floor)
             New York Palace Hotel
             New York, NY
    Webcast: http://www.americanlorai... . A replay of the presentation will be available for 90 days following the live presentation using the same link.

During the conference, the Company will be available to meet with analysts and portfolio managers. Interested parties and investors who wish to meet with American Lorain's management may contact mwoodson@rodm.com or call (212) 430-1782. Participation in the Rodman and Renshaw Annual Global Investment Conference is by invitation only.
About Rodman & Renshaw, LLC.
Rodman & Renshaw, LLC is a full service investment bank dedicated to providing investment banking services to companies that have significant capital needs, along with research and sales and trading services to investor clients. Rodman is a leader in the PIPE (private investment in public equity) and RD (registered direct placements) transaction markets according to PrivateRaise a service of DealFlow Media Inc. and Sagient Research Systems, Inc.
About American Lorain Corporation
American Lorain Corporation ("American Lorain" or the "Company") is a Delaware corporation that develops, manufactures and sells various food products. The Company's products include chestnut products; convenience foods products (including ready-to-cook foods, ready-to-eat foods, and meals-ready-to-eat); and frozen, canned and bulk foods products. The Company currently sells over 234 products to 26 provinces and administrative regions in China as well as to 42 foreign countries. The Company operates through its four direct and indirect subsidiaries and one leased factory located in China. For more information about American Lorain, please visit our website at http://www.americanlorai... .
    For more information, please contact:

    American Lorain Corp
     Mr. Alan Jin, CFO
     Phone: +86-21-6145-3891
     Email: alanjin@americanlorain.com
     Web:   http://www.americanlorai...

    CCG Investor Relations
     Mr. Crocker Coulson, President
     Phone: 646-213-1915
     Email: crocker.coulson@ccgir.com

     Ms. Linda Salo, Financial Writer
     Phone: 646-922-0894
     Email: Linda.salo@ccgir.com
     Web:   http://www.ccgirasia.com
]]>
      
    
    
      
      message_2971
      14 Aug 2009 11:00:00 GMT
      http://chinasecurities.com/ir/ALC/messages/2971
      
        JUNAN COUNTY, China, Aug. 14 /PRNewswire-Asia-FirstCall/ -- American Lorain Corporation (OTC Bulletin Board: ALRC - News; "American Lorain" or the "Company"), an international processed foods company based in Shandong Province, People's Republic of China ("PRC"), announced its financial results for the second quarter of fiscal year 2009 ended June 30, 2009.


    Second Quarter 2009 Highlights

    -- Net revenue increased 11.3% year-over-year to $24.0 million
    -- Gross profit increased 2.0% year-over-year to $ 5.3 million
    -- Gross margin was 22.1%, compared to 24.1% for the second quarter of
       2008
    -- Net income decreased 12.4% year-over-year to $1.9 million
    -- Diluted earnings per share were $0.074, compared to $0.084 for the
       second quarter of 2008
    -- Domestic sales totaled $20.8 million and accounted for 87.0% of revenue
    -- Increased number of sales agents to 300 that covered 26 provinces in
       China


"Although the second quarter is usually a slower quarter for American Lorain as a result of seasonality, the Company still demonstrated double-digit top line growth in the three months ended June 30, 2009," said Mr. Si Chen, Chairman and Chief Executive Officer of American Lorain. "2009 is a transitional year for American Lorain. We are currently in the process of adjusting our business model by increasing convenience food sales, building our brand equity through an extensive promotional campaign, and transitioning our domestic sales to third party channels such as sales agents. Furthermore, we have entered a partnership with Well Luck Company, Inc. in the United States in order to increase our sales to what is for us a virtually untapped export market. We are confident in American Lorain's expansion strategy and growth in the second half of the year and will continue to work diligently to deliver quality products to our customers around the world."
Second Quarter 2009 Results
Net revenue for the second quarter of 2009 increased to $24.0 million, an increase of 11.3% from $21.5 million for the second quarter of 2008. Sales of chestnut products increased 9.6% from the second quarter of 2008 and accounted for 57.8% of total revenue, compared to 58.8% for the second quarter of 2008. Sales of frozen, canned and bulk food increased 19.3% from the second quarter of 2008 and accounted for 15.8% of total net revenue, compared to 14.8% for the same period of 2008. Sales of convenience food products increased 10.8% and accounted for 26.3% of revenue, compared to 26.5% for the corresponding quarter last year.
American Lorain's revenue growth for the second quarter of 2009 was mainly the result of strong domestic sales, which increased 16.7% year-over year. In comparison, exports decreased 12.3% to $3.2 million for the second quarter of 2009 from $3.7 million for the second quarter of 2008.
Gross profit amounted to $5.3 million for the second quarter of 2009, an increase of 2.0% from $5.2 million for the second quarter of 2008. Gross profit margin was 22.1% for the second quarter of 2009 compared to 24.1% for the corresponding quarter in 2008. The decrease in gross profit margin was mainly due to increased cost of raw materials.
Total operating expenses for the second quarter of 2009 were $2.1 million, or 8.8% of revenue, compared to $1.7 million, or 7.9% of revenue, in the second quarter of 2008. The increase in operating expenses was mainly due to an increase of 98.1% in selling and marketing expenses due to an expansion of the Company's sales network to encompass 26 provinces in China for the second quarter of 2009 compared to 19 provinces for the second quarter of 2008, in addition to marketing expenses incurred by the initiation of a nationwide commercial campaign to be launched around September 2009. The increase was partially offset by a decrease of 15.9% in general and administrative expenses mainly due to the Company transferring domestic sales to agents. Consequently, operating income for the second quarter of 2009 was $3.2 million, a decrease of 9.4% from $3.5 million for the second quarter of 2008.
Earnings before taxes were $2.6 million for the second quarter of 2009, a decrease of 7.6% from $2.8 million for the corresponding quarter of 2008. The Company's effective tax rate was 23.5% for the three months ended June 30, 2009 compared to 17.8% for the same period last year. The increase in effective tax rate was due to increased income tax rates for the Company's operating subsidiaries Junan Hongrun and Beijing Lorain in line with tax reforms implemented by the PRC government.
Net income for the second quarter of 2009 was $1.9 million, or $0.074 per diluted share, a decrease of 12.4% from $2.1 million, or $0.084 per diluted share, for the second quarter last year. Basic and diluted weighted average number of shares outstanding was 25,177,640 for the second quarter of 2009.
Six Month Results
Revenues for the first six months of 2009 were $45.2 million, up 16.0% from revenues of $39.0 million for the first six months of 2008. Gross profit was $10.5 million, up 14.4% from gross profit of $9.1 million for the first six months of 2008. Gross margin was 23.1%, compared to 23.4% for the first six months of 2008. Operating income was $6.2 million compared to $6.3 million for the first six months of fiscal 2008. Net income was $3.6 million, or $0.14 per basic and fully diluted share, compared to $3.8 million, or $0.15 per basic and fully diluted share, for the same period a year ago.
Financial Condition
As of June 30, 2009, American Lorain had $6.8 million in cash and cash equivalents, short term bank loans of $32.0 million and $0.6 million in long-term debt. At quarter end, the Company had a current ratio of 1.6:1 and $29.1 million in working capital. Days sales outstanding for the three months ended June 30, 2009 were 81 days, while days inventory outstanding were 131 days for the same period, compared to 108 days and 98 days respectively for the three months ended June 30, 2008. As of June 30, 2009, the Company's inventories totaled $26.9 million, mainly due to an increase in raw materials. Shareholders' equity stood at $72.5 million as of June 30, 2009 compared to $67.7 million as of December 31, 2008.
For the six months ended June 30, 2009, the Company used $10.3 million in cash for operating activities mainly due to increases in advances to suppliers and a reduction in accounts payable, partially offset by net income. Net cash used in investing activities totaled $0.6 million for the six months ended June 30, 2009, while net cash provided by financing activities was $13.9 million, mainly as a result of short-term bank borrowings.
Recent Developments
In June 2009, American Lorain exhibited at the Fancy Food Show hosted by The National Association for the Specialty Food Trade in New York. During the show, the Company reached an agreement with United States-based Well Luck Company, Inc. to introduce American Lorain's products to the United States. Under the agreement, Well Luck will act as sales agent for American Lorain's chestnut and convenience food products. Through Well Luck Company, Inc.'s nationwide distribution network in the United States, American Lorain plans to penetrate a new geographic market, increase sales, establish brand awareness, and gradually introduce other products to North American consumers.
Business Outlook
American Lorain will soon launch its domestic nationwide commercial campaign and continues to promote its convenience food products in order to reduce seasonality of chestnut sales. Consequently, because of increased marketing and selling expenses, the Company's operating expenses may remain high in 2009. Nevertheless, the Company believes it continues to benefit from the diversification of its product mix and distribution channels, which increased the penetration of the Chinese market through a sales network that now covers 26 provinces
"Our new bean products were very well received by customers in China and contributed more than $1 million in revenue in July alone. We hope to see these results accelerate as we approach the end of 2009 as a result of our commercial campaign," said Mr. Chen. "In line with our statements in May, we are still expecting low to medium double-digit revenue growth for fiscal year 2009. However, we have decided not to provide guidance at this point, as we have yet to assess the full impact of our recent marketing efforts. Hopefully we have more visibility by the end of the third quarter, when we plan to revisit this issue."
Conference Call
The Company will conduct a conference call on Friday, August 14, 2009, at 9:00 AM EDT to discuss its financial results for the second quarter ended June 30, 2009.
To participate in the event by telephone, please dial (800) 688-0796 five minutes prior to the start time (to allow time for registration) and reference the conference ID 813 693 18. International callers should dial (617) 614-4070.
A digital replay of the call will be available from Friday, August 14, 2009 at 11:00 a.m. EDT for 14 days. To listen to the replay, dial (888) 286-8010 and enter the conference ID number 95496654. International callers should dial (617) 801-6888 and enter the same conference ID number. The replay will also be available on the company's website http://www.americanlorai... .
About American Lorain Corporation
American Lorain Corporation ("American Lorain" or the "Company") is a Delaware corporation that develops, manufactures and sells various food products. The Company's products include chestnut products; convenience foods (including ready-to-cook meals and ready-to-eat meals); and frozen, canned and bulk foods. The Company currently sells over 234 products to 26 provinces and administrative regions in China as well as to 42 foreign countries. The Company operates through its four direct and indirect subsidiaries and one leased factory located in China. For more information about American Lorain, please visit our website at http://www.americanlorai... .
Forward-Looking Statements
Statements contained herein that relate to the Company's future performance, including statements with respect to forecasted revenues, margins, cash generation and capital expenditures are "forward-looking statements". Such statements involve a number of risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance or achievements to differ materially from those anticipated.  Such statements are based on current expectations only, and are subject to certain risks, uncertainties and assumptions.  Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected.  Among the factors that could cause actual results to materially differ include: general business and economic conditions, particularly the current downturn in the worldwide economy; our ability to obtain adequate supplies of raw materials; our ability to manage our expansion strategy; changes in foreign currency exchange rates; government regulation; difficulties in new product development; changing consumer tastes in disparate markets worldwide and our ability to address those changes; our ability to attract and retain highly qualified personnel; and other factors affecting our operations that are set forth in our Annual Report on Form 10-Q  for the year ended June 30, 2009 filed with the Securities and Exchange Commission.  The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
                            -FINANCIAL TABLES FOLLOW-



                        CONSOLIDATED STATEMENTS OF INCOME
          FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2009 AND 2008




                       Three months ended June 30,  Six months ended June 30,
                            2009          2008          2009          2008

    Net revenues       $23,965,924   $21,524,427   $45,166,461   $38,952,726

    Cost of revenues   (18,675,167)  (16,338,272)  (34,713,370)  (29,818,596)
    Gross profit        $5,290,757    $5,186,155   $10,453,091    $9,134,130

    Operating expenses
    Selling and
     marketing expenses (1,220,317)     (616,050)   (2,391,164)   (1,235,018)
    General and
     administrative
     expenses             (914,892)   (1,087,894)   (1,891,197)   (1,632,344)

    Operating income    $3,155,548    $3,482,211    $6,170,730    $6,266,768

    Investment income           --        (2,790)           --        (2,790)
    Government subsidy
     income                 97,663         4,492       196,252        37,242
    Interest and
     other income          127,279        71,505       208,648       110,588
    Other expenses         (69,286)      (94,819)     (181,603)     (104,987)
    Interest expense      (744,825)     (683,401)   (1,348,651)   (1,273,698)

    Earnings before tax $2,566,379    $2,777,199    $5,045,376    $5,033,124

    Income tax            (602,706)     (493,194)   (1,183,478)     (883,575)

    Net income          $1,963,673    $2,284,005    $3,861,898    $4,149,549

    Net income
     attributable to:
    -Parent             $1,855,628    $2,117,374    $3,611,704    $3,849,078
    -Non-controlling
     Interest              108,046       166,631       250,194       300,471
                        $1,963,674    $2,284,005    $3,861,898    $4,149,549


    Earnings per share
      - Basic              $0.0737       $0.0850       $0.1434       $0.1544
      - Diluted            $0.0737       $0.0836       $0.1434       $0.1517

    Weighted average
     shares outstanding
      - Basic           25,177,640    24,923,179    25,177,640    24,923,178
      - Diluted         25,177,640    25,320,677    25,177,640    25,378,104



                           CONSOLIDATED BALANCE SHEETS
                 AS OF JUNE 30, 2009 AND DECEMBER 31, 2008

                                                                   (Audited)
                                                     6/30/2009    12/31/2008
    ASSETS
      Current Assets
        Cash and cash equivalents                   $6,831,721    $2,841,339
        Restricted cash                                993,364     3,715,998
        Short-term investment                          110,303       113,069
        Trade accounts receivable                   19,973,927    25,293,326
        Other receivables                           11,157,063     5,107,719
        Inventory                                   26,855,676    24,827,922
        Advance to suppliers                         7,642,341       415,009
        Prepaid expenses and taxes                     320,643     1,228,648
            Total current assets                   $73,885,038   $63,543,030

        Property, plant and equipment, net          40,062,736    40,201,686
        Land use rights, net                         3,935,944     3,950,927
        Other assets & goodwill                          2,045            --

    TOTAL ASSETS                                  $117,885,763  $107,695,643


      Current liabilities
        Short-term bank loans                      $31,956,810   $14,414,996
        Notes payable                                1,614,364     5,208,485
        Accounts payable                             2,858,388     6,072,883
        Taxes payable                                1,095,717     2,682,658
        Accrued liabilities and other payables       6,316,533    10,291,237
        Customers deposits                             952,954       748,732

            Total Current Liabilities              $44,794,766   $39,418,991

      Long Term Liabilities
        Long term bank loans                           570,462       576,975

    TOTAL LIABILITIES                              $45,365,228   $39,995,966

    STOCKHOLDERS' EQUITY
      Common stock, $0.001 par value,
       200,000,000 shares authorized;
       25,177,640 and 25,172,640 shares
       issued and outstanding as of June
       30, 2009 and December 31, 2008,
       respectively                                     25,177        25,172
      Additional paid-in capital                    24,193,166    24,187,019
      Statutory reserves                             5,680,512     5,438,723
      Retained earnings                             31,118,042    27,748,126
      Accumulated other comprehensive income         6,131,423     5,178,616
      Non-controlling interests                      5,372,215     5,122,021


                                                   $72,520,535   $67,699,677


    TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY    $117,885,763  $107,695,643



                        CONSOLIDATED STATEMENTS OF CASH FLOW
                   FOR THE SIX MONTHS ENDED JUNE 30, 2009 AND 2008

                                                  Six months ended June 30,
                                                      2009           2008
    Cash flows from operating activities
      Net income attributable to parent           $3,611,704     $3,849,078
      Net income attributable to
       non-controlling interest                      250,194        300,471
      Depreciation                                   665,480        513,157
      Amortization                                   135,992        197,770
      (Increase)/decrease in accounts
       & other receivables                          (729,946)    12,415,790
      Decrease/(Increase) in restricted cash       2,722,634             --
      (Increase)/decrease in advances to
       suppliers                                  (7,227,332)     1,742,325
      (Increase)/decrease in inventories          (2,027,754)    (1,454,705)
    Decrease/(Increase) in prepaid expenses         1,227,308            --
      (Increase)/decrease in prepaid tax            (319,303)    (1,226,945)
      Increase/(decrease) in accounts and
       other payables                             (7,189,199)   (13,699,587)
      Increase/(decrease) in tax payable          (1,586,941)      (389,393)
      Increase/(decrease) in customer deposit        204,222      1,036,497
      Net cash (used in)/provided by operating
       activities                                (10,262,941)     3,284,458

    Cash flows from investing activities
      Purchase of plant and equipment               (526,530)    (5,657,923)
      Purchase of biological assets                       --             --
      Payment of construction in progress                 --       (315,133)
      (Increase)/decrease in restricted cash              --     (2,230,168)
      Payment of land use rights                    (121,009)      (948,230)
      Investments in securities                        2,767     (1,589,385)
      Payments for deposits                           (2,045)            --
      Contribution to capital reserve                             1,609,161
      Net cash used in investing activities         (646,817)    (9,131,678)

    Cash flows from financing activities
      Bank borrowings                             17,535,302      1,332,972
      Notes payable                               (3,594,121)     3,814,058
      Issue of common stock                            6,152             --
      Net cash provided by/(used in)
       financing activities                     $ 13,947,333     $5,147,031

      Net Increase/(decrease) of Cash and
       Cash Equivalents                            3,037,575       (700,189)

    Effect of foreign currency translation on
     cash and cash equivalents                       952,807       (168,732)

    Cash and cash equivalents-beginning of year    2,841,339      6,769,973

    Cash and cash equivalents-end of year         $6,831,721     $5,901,052



    Supplementary cash flow information:

      Interest received               1,620     25,710      66,610      34,412
      Interest paid                 744,825    607,641   1,348,651     976,719
      Taxes paid                   $602,706  $ 374,134  $1,183,478  $2,079,565


    For more information, please contact:

    American Lorain Corp
     Mr. Alan Jin, CFO
     Phone: +86-21-6145-3891
     Email: alanjin@americanlorain.com
     Web:   http://www.americanlorai...

    CCG Investor Relations
     Mr. Crocker Coulson, President
     Phone: +1-646-213-1915
     Email: crocker.coulson@ccgir.com

     Ms. Linda Salo, Financial Writer
     Phone: +1-646-922-0894
     Email: Linda.salo@ccgir.com
     Web:   http://www.ccgirasia.com
]]>
      
    
    
      
      message_2914
      11 Aug 2009 13:00:00 GMT
      http://chinasecurities.com/ir/ALC/messages/2914
      
        JUNAN COUNTY, Shandong, China, Aug. 11 /PRNewswire-Asia-FirstCall/ -- American Lorain Corporation (OTC Bulletin Board: ALRC; "American Lorain" or the "Company"), an international processed foods company based in Shandong Province, People's Republic of China ("PRC"), today announced that it will host a conference call at 9:00 a.m. EDT on Friday, August 14, 2009, to discuss the Company's financial results for the second quarter of 2009.


Hosting the call will be Mr. Si Chen, Chief Executive Officer and Mr. Alan Jin, Chief Financial Officer.  Mr. Crocker Coulson, President of CCG Investor Relations, the Company's investor relations firm, will also serve as a speaker during the call.
To participate in the event by telephone, please dial 800 688 0796 five minutes prior to the start time (to allow time for registration) and reference the conference ID 813 693 18.  International callers should dial +1 617 614 4070.
A digital replay of the call will be available from Friday, August 14 at 11:00 a.m. EDT for 14 days.  To listen to the replay, dial 888 286 8010 and enter the conference ID number 954 966 54.  International callers should dial +1 617 801 6888 and enter the same conference ID number.   A recording of the call will also be available on the Company's website http://www.americanlorai... .
About American Lorain Corporation
American Lorain Corporation ("American Lorain" or the "Company") is a Delaware corporation that develops, manufactures and sells various food products.  The Company's products include chestnut products; convenience foods (including ready-to-cook meals and ready-to-eat meals); and frozen, canned and bulk foods.  The Company currently sells over 234 products to 26 provinces and administrative regions in China as well as to 42 foreign countries.  The Company operates through its four direct and indirect subsidiaries and one leased factory located in China.  For more information about American Lorain, please visit our website at http://www.americanlorai... .
Forward-Looking Statements
Statements contained herein that relate to the Company's future performance, including statements with respect to forecasted revenues, margins, cash generation and capital expenditures are "forward-looking statements". Such statements involve a number of risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance or achievements to differ materially from those anticipated.  Such statements are based on current expectations only, and are subject to certain risks, uncertainties and assumptions.  Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected.  Among the factors that could cause actual results to materially differ include: general business and economic conditions, particularly the current downturn in the worldwide economy; our ability to obtain adequate supplies of raw materials; our ability to manage our expansion strategy; changes in foreign currency exchange rates; government regulation; difficulties in new product development; changing consumer tastes in disparate markets worldwide and our ability to address those changes; our ability to attract and retain highly qualified personnel; and other factors affecting our operations that are set forth in our Annual Report on Form 10-Q  for the year ended June 30, 2009 filed with the Securities and Exchange Commission.  The Company undertakes no obligation to publicly update or revise any forward- looking statements, whether as a result of new information, future events or otherwise.
    For more information, please contact:

    American Lorain Corp
     Mr. Alan Jin, CFO
     Phone: +86-21-6145-3891
     Email: alanjin@americanlorain.com
     Web:   http://www.americanlorai...

    CCG Investor Relations
     Mr. Crocker Coulson, President
     Phone: +1-646-213-1915
     Email: crocker.coulson@ccgir.com

     Ms. Linda Salo, Financial Writer
     Phone: +1-646-922-0894
     Email: Linda.salo@ccgir.com
     Web:   http://www.ccgirasia.com
]]>
      
    
    
      
      message_2722
      15 Jul 2009 13:23:00 GMT
      http://chinasecurities.com/ir/ALC/messages/2722
      
        JUNAN COUNTY, China, July 15 /PRNewswire-Asia-FirstCall/ -- American Lorain Corporation (OTC Bulletin Board: ALRC - News; "American Lorain" or the "Company"), an international processed foods company based in Shandong Province, People's Republic of China ("PRC"), today announced that the Company has reached an initial cooperative agreement with United States-based Well Luck Company, Inc. ("Well Luck" or the "Distributor") to introduce American Lorain's products to the United States.




Under the agreement, Well Luck will act as sales agent for American Lorain's chestnut and convenience food products. American Lorain's management visited Well Luck's facilities in New Jersey and discussed the details of the cooperative agreement in June 2009. The two parties later reached a preliminary agreement during the Fancy Food Show hosted by The National Association for the Specialty Food Trade's ("NASFT") in New York.
The partnership with Well Luck represents a milestone for American Lorain in its efforts to enter the North American market. Through the Distributor's nationwide distribution network in the United States, American Lorain plans to penetrate a new geographic market, increase sales, establish brand awareness, and gradually introduce other products to North American consumers. The Company will also utilize the opportunity to study the North American food and beverage industry and consumption habits in order to introduce products tailored to consumers in the United States.
Currently, Japan, Korea and Europe represent American Lorain's main export markets. Exports accounted for 30.9% of the Company's revenue in 2008.
"Penetrating the North American market has been a long-term goal of American Lorain, which we now are closer to achieving through this partnership with Well Luck," said Mr. Si Chen, CEO and Chairman of American Lorain. "Due to its large population of Asian origin, the United States represent a logical step in our expansion plan as we believe we can leverage our existing product portfolio to cater to this untapped market. As we increase our knowledge of the North American food and beverage market, we plan to develop more customized products in order to broaden our customer base. We look forward to providing high-quality food products to consumers in the United States."
About Well Luck Company, Inc.
Well Luck Company., Inc is one of the leading Asian food distributors in the United States with a nationwide distribution system. Since its establishment in 1982, Well Luck has been committed to delivering the best Asian foods, ingredients, and brands to the United States from Taiwan, Hong Kong, China, Japan, Singapore and other Asian countries and regions. Well Luck owns warehouses in Jersey City (NJ), Atlanta (GA), Houston (TX), Los Angeles (CA), San Francisco (CA), and Chicago (IL), with a total of 435,000 square feet in storage space. Supported by its technologically advanced facilities, Well Luck delivers "Tasty, Nutritious, and Healthy" products to its clients all over the United States.
About American Lorain Corporation
American Lorain Corporation ("American Lorain" or the "Company") is a Delaware corporation that develops, manufactures and sells various food products. The Company's products include chestnut products; convenience foods products (including ready-to-cook foods, ready-to-eat foods, and meals-ready-to-eat); and frozen, canned and bulk foods products. The Company currently sells over 234 products to 26 provinces and administrative regions in China as well as to 42 foreign countries. The Company operates through its four direct and indirect subsidiaries and one leased factory located in China. For more information about American Lorain, please visit our website at http://www.americanlorai... .
Forward-Looking Statements
Statements contained herein that relate to the Company's future performance, including statements with respect to forecasted revenues, margins, cash generation and capital expenditures are "forward-looking statements". Such statements involve a number of risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance or achievements to differ materially from those anticipated.  Such statements are based on current expectations only, and are subject to certain risks, uncertainties and assumptions.  Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected.  Among the factors that could cause actual results to materially differ include: general business and economic conditions, particularly the current downturn in the worldwide economy; our ability to obtain adequate supplies of raw materials; our ability to manage our expansion strategy; changes in foreign currency exchange rates; government regulation; difficulties in new product development; changing consumer tastes in disparate markets worldwide and our ability to address those changes; our ability to attract and retain highly qualified personnel; and other factors affecting our operations that are set forth in our Annual Report on Form 10-K for the year ended December 31, 2008 filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
    For more information, please contact:

    American Lorain Corp
     Mr. Alan Jin, CFO
     Phone: +86-21-6145-3891
     Email: alanjin@americanlorain.com
     Web:   http://www.americanlorai...

    CCG Investor Relations
     Mr. Crocker Coulson, President
     Phone: +1-646-213-1915
     Email: crocker.coulson@ccgir.com

     Ms. Linda Salo, Financial Writer
     Phone: +1-646-922-0894
     Email: Linda.salo@ccgir.com
     Web:   http://www.ccgirasia.com
]]>