-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FxctWL8dTo3KNphSVuTys4FTajikdBGpunUxeX/HFnbc44bvWaxcawC8i3yvrb0X WHXGo/Vud9GfBDn7d9BpmQ== 0001144204-08-034609.txt : 20080611 0001144204-08-034609.hdr.sgml : 20080611 20080611144918 ACCESSION NUMBER: 0001144204-08-034609 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080610 ITEM INFORMATION: Changes in Registrant.s Certifying Accountant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080611 DATE AS OF CHANGE: 20080611 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ZHONGPIN INC. CENTRAL INDEX KEY: 0001277092 STANDARD INDUSTRIAL CLASSIFICATION: MEAT PACKING PLANTS [2011] IRS NUMBER: 542100419 STATE OF INCORPORATION: DE FISCAL YEAR END: 0216 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33593 FILM NUMBER: 08893023 BUSINESS ADDRESS: STREET 1: C/O PRYOR CASHMAN SHERMAN & FLYNN LLP STREET 2: 410 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 212-326-0846 MAIL ADDRESS: STREET 1: C/O PRYOR CASHMAN SHERMAN & FLYNN LLP STREET 2: 410 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: STRONG TECHNICAL INC DATE OF NAME CHANGE: 20040121 8-K 1 v117082_8k.htm Unassociated Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 

 
FORM 8-K
CURRENT REPORT 
 
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 
 
Date of Report (Date of earliest event reported): June 10, 2008
 
Zhongpin Inc.
(Exact name of registrant as specified in charter)
 
 
 
 
 
Delaware
(State or other jurisdiction
of incorporation)
 
333-112111
(Commission
File Number)
 
54-2100419
(IRS Employer
Identification No.)
 
 
 
21 Changshe Road, Changge City, Henan Province
People’s Republic of China
(Address of principal executive offices)
 
 
 
(Zip Code)
 
011 86 374-6216633
(Registrant’s telephone number, including area code)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
o 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
o 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
o 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
o 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



SECTION 4 - MATTERS RELATED TO ACCOUNTANTS
AND FINANCIAL STATEMENTS

Item 4.01. Changes in Registrant’s Certifying Accountant.

On June 10, 2008, our audit committee chairman notified our independent registered public accounting firm, Child, Van Wagoner & Bradshaw, PLLC (“CVWB”), that we would no longer require its services as our independent registered accounting firm. We are making this change to engage a China-based office of an international accounting firm.

During the past two fiscal years, the reports of CVWB on our financial statements were unqualified. The reports of CVWB for either of the last two fiscal years contained no adverse opinion or disclaimer of opinion, and they were not qualified or modified as to uncertainty, audit scope or accounting principles. During our two most recent fiscal years and the subsequent period through the date of CVWB’s dismissal on June 10, 2008, there were no disagreements with CVWB on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.

As previously disclosed in our Current Report on Form 8-K, dated March 19, 2008, during the 2007 audit CVWB advised the audit committee of our board of directors (the “Audit Committee”) that certain items in our financial statements for the fiscal year ended December 31, 2006 and the first three quarters of 2007 were not accounted for properly under U.S. generally accepted accounting principles. We have since filed our Annual Report on Form 10-K, which reflected the foregoing matter. In addition, following the 2007 audit, CVWB reported to the Audit Committee internal control matters that it concluded to be deficiencies. Based upon the letter of CVWB, we disclosed the following deficiencies in Item 4 to our Quarterly Report on Form 10-Q for the quarter ended March 31, 2008:

 our lack of a system of timely recording certain cash receipts and disbursements;

 the need to hire additional accounting personnel to prepare, supervise and review general ledger reconciliations at our subsidiaries; and

 our failure to have an effective method of accounting for certain non-routine transactions and estimates.

We have made the contents of this Current Report on Form 8-K available to CVWB and have requested it to furnish a letter to the Securities and Exchange Commission as to whether CVWB agrees or disagrees with, or wishes to clarify, our expression of its views. A copy of CVWB’s letter to the Commission is included as Exhibit 16.1 to this Current Report on Form 8-K.

On June 10, 2008, we engaged a new principal accounting firm, BDO Guangdong Dahua Delu CPAs. During our two most recent fiscal years, we have not consulted the newly-engaged accountant on any matters of accounting or disclosure for transactions during those periods.

The change in our independent registered accounting firm was approved by our Audit Committee.


SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01.  Financial Statements and Exhibits.
 
(d)
Exhibits. The following exhibit is furnished herewith:
 
 
Exhibit No.  Document
 
16.1   Letter from Child, Van Wagoner & Bradshaw, PLLC, regarding change in certifying accountant.
 

 



SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
     
 
ZHONGPIN INC.
(Registrant)
 
 
 
 
 
 
Dated: June 11, 2008 By:   /s/ Xianfu Zhu
 
Name: Xianfu Zhu
  Title: Chief Executive Officer
 

 
 
 
 

 
   
 
 
 
 
 




 
EXHIBIT INDEX
 
Exhibit No. Document  
     
16.1 Letter from Child, Van Wagoner & Bradshaw, PLLC, regarding change in certifying accountant.
 
 
 
 

 

 


 
EX-16.1 2 v117082_ex16-1.htm Unassociated Document


Exhibit 16.1


Child, Van Wagoner & Bradshaw, PLLC
5296 South Commerce Drive, Suite 300
Salt Lake City, Utah 84107-5370
(801) 281-4700


June 10, 2008


Securities and Exchange Commission
100 F Street, NE
Washington, D.C. 20549


Ladies and Gentlemen:

The firm Child, Van Wagoner and Bradshaw, PLLC was previously principal accountants for Zhongpin, Inc. (the “Company”) and reported on the financial statements of the Company as of and for the years ended December 31, 2007, 2006 and 2005. We have read the Company’s statements included under Item 4.01 of its Form 8-K dated June 10, 2008, and agree with such statements as they pertain to our firm. We have no basis to agree or disagree with other statements contained therein.

Very truly yours,

/s/ Child, Van Wagoner & Bradshaw, PLLC

Child, Van Wagoner & Bradshaw, PLLC

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