10-Q/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-Q/A

Amendment No. 1

(Mark One)

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended June 30, 2012

or

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from                                                            To

Commission File Number : 001-33593

	Zhongpin Inc.
(Exact name of registrant as specified in its charter)

Delaware	54-2100419
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

21 Changshe Road, Changge City, Henan Province, People’s Republic of China	461500
(Address of principal executive offices)	(Zip Code)

	011 86 10-8455 4188
(Registrant’s telephone number, including area code)

	Not Applicable
(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past ninety (90) days. YES x NO ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation

S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). YES x NO ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check One):

Large accelerated filer ¨ Accelerated filer x Non-accelerated filer ¨ (Do not check if a smaller reporting company) Smaller reporting company ¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). YES ¨ NO x

        As of August 6, 2012, 37,189,344 shares of the registrant’s common stock were outstanding.

EXPLANATORY NOTE

We are filing this Amendment No. 1 on Form 10-Q/A to our Quarterly Report on Form 10-Q for the quarter ended June 30, 2012 (the “Form 10-Q”), which was originally filed with the Securities and Exchange Commission on August 9, 2012, for the sole purpose of furnishing the Interactive Data File as Exhibit 101 in accordance with Rule 405 of Regulation S-T. Exhibit 101 to this report furnishes the following items from the Form 10-Q formatted in eXtensible Business Reporting Language (XBRL): (i) the unaudited Condensed Consolidated Balance Sheets as of June 30, 2012 and audited Condensed Consolidated Balance Sheets as of December 31, 2011, (ii) the unaudited Condensed Consolidated Statements of Operations and Comprehensive Income for the three and six months ended June 30, 2012 and 2011, (iii) the unaudited Condensed Consolidated Statements of Cash Flows for the six months ended June 30, 2012 and 2011, and (iv) the unaudited Notes to Condensed Consolidated Financial Statements.

No other changes have been made to the Form 10-Q. This Amendment does not reflect events that have occurred after the August 9, 2012 filing date of the Form 10-Q, or modify or update the disclosures presented therein, except to reflect the amendment described above.

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, we have duly caused this report to be signed on our behalf by the undersigned thereunto duly authorized.

Date: August 13, 2012	Zhongpin Inc.
	(Company)
	By:	/s/ Xianfu Zhu
		Xianfu Zhu Chief Executive Officer

By:	/s/ Feng Wang
	Feng Wang Chief Financial Officer

Exhibit Index

Exhibit Number	Exhibit Title
10.1*	Mutual Guarantee Agreement dated May 25, 2012 between Henan Zhongpin Food Share Co., Ltd. and Henan Huanghe Enterprises Group Co., Ltd. (Translated from Mandarin)
31.1*	Certification of our Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2*	Certification of our Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1*	Certification of our Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
32.2*	Certification of our Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS**	XBRL Instance Document.
101.SCH**	XBRL Taxonomy Extension Schema Document.
101.CAL**	XBRL Taxonomy Extension Calculation Linkbase Document.
101.DEF**	XBRL Taxonomy Extension Definition Linkbase Document.
101.LAB**	XBRL Taxonomy Extension Label Linkbase Document.
101.PRE**	XBRL Taxonomy Extension Presentation Linkbase Document.

______________________

* Previously filed.

** Pursuant to Rule 406T of Regulation S-T, the Interactive Data Files on Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.

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Summary of Property, Plant and Equipment (Detail) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Property, Plant and Equipment [Line Items]
Plants and buildings	$ 352,882,535	$ 326,254,157
Machinery and equipment	151,118,798	136,356,055
Office furniture and equipment	6,911,909	6,058,994
Vehicles	4,483,174	4,010,629
Accumulated depreciation	(54,926,078)	(44,749,964)
Total	460,470,336	427,929,871
Sale Leaseback Agreement
Property, Plant and Equipment [Line Items]
Plants and buildings	161,892	171,678
Machinery and equipment	17,963,548	18,774,120
Office furniture and equipment	43,858	41,492
Vehicles	4,433	4,414
Accumulated depreciation	(3,025,740)	(2,475,320)
Total	$ 15,147,992	$ 16,516,384

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Summary of Sales by Division (Detail) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Segment Reporting Information [Line Items]
Sales revenue	$ 408,211,851	$ 366,452,560	$ 782,339,235	$ 652,235,781
Cost of goods sold	372,591,095	327,306,939	711,242,744	577,173,910
Chilled Pork
Segment Reporting Information [Line Items]
Sales revenue	247,700,000	213,200,000	496,500,000	381,800,000
Frozen Pork
Segment Reporting Information [Line Items]
Sales revenue	91,400,000	105,100,000	158,400,000	178,600,000
Prepared Pork Products
Segment Reporting Information [Line Items]
Sales revenue	65,100,000	43,100,000	120,800,000	84,300,000
Cost of goods sold	369,100,000	323,100,000	705,400,000	571,100,000
Gross profit margin	8.70%	10.60%	9.10%	11.40%
Vegetables and Fruits
Segment Reporting Information [Line Items]
Sales revenue	4,000,000	5,100,000	6,600,000	7,500,000
Cost of goods sold	$ 3,500,000	$ 4,200,000	$ 5,800,000	$ 6,100,000
Gross profit margin	12.50%	17.60%	12.10%	18.70%

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Equity Transactions - Additional Information (Detail) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Stock-based compensation expense	$ 97,817	$ 406,689	$ 515,566	$ 775,316

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Subsequent Events Update - Additional Information (Detail) (Minimum)	Jun. 30, 2012 LegalMatter
Minimum
Number of lawsuits filed	3

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Amounts Outstanding Under Company's Long-Term Debt Arrangements (Detail) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Debt Instrument [Line Items]
Current portion	$ (44,658,520)	$ (16,016,419)
Total long-term portion	96,580,051	97,261,330
China Construction Bank
Debt Instrument [Line Items]
Long-term debt	24,506,316	14,283,674
Agriculture Bank of China
Debt Instrument [Line Items]
Long-term debt	79,210,739	81,099,525
China Merchants Bank
Debt Instrument [Line Items]
Long-term debt	15,020,000	15,077,211
Canadian Government Transfer Loan
Debt Instrument [Line Items]
Long-term debt	1,124,922	1,197,758
Changge Old Town
Debt Instrument [Line Items]
Long-term debt	1,613,436	1,619,581
China Development Bank
Debt Instrument [Line Items]
Long-term debt	$ 19,763,158

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Summary of China Based Subsidiaries (Detail)	6 Months Ended
	Jun. 30, 2012 Henan Zhongpin Food Company Limited USD ($)	Jun. 30, 2012 Henan Zhongpin USD ($)		Jun. 30, 2012 Henan Zhongpin CNY		Jun. 30, 2012 Henan Zhongpin Import and Export Trading Company Limited USD ($)	Jun. 30, 2012 Henan Zhongpin Import and Export Trading Company Limited CNY	Jun. 30, 2012 Zhumadian Zhongpin Food Company Limited USD ($)	Jun. 30, 2012 Zhumadian Zhongpin Food Company Limited CNY	Jun. 30, 2012 Anyang Zhongpin Food Company Limited USD ($)	Jun. 30, 2012 Anyang Zhongpin Food Company Limited CNY	Jun. 30, 2012 Henan Zhongpin Fresh Food Logistics Company Limited USD ($)	Jun. 30, 2012 Henan Zhongpin Fresh Food Logistics Company Limited CNY	Jun. 30, 2012 Deyang Zhongpin Food Company Limited USD ($)	Jun. 30, 2012 Deyang Zhongpin Food Company Limited CNY	Jun. 30, 2012 Henan Zhongpin Business Development Company Limited USD ($)	Jun. 30, 2012 Henan Zhongpin Business Development Company Limited CNY	Jun. 30, 2012 Luoyang Zhongpin Food Company Limited USD ($)	Jun. 30, 2012 Luoyang Zhongpin Food Company Limited CNY	Jun. 30, 2012 Yongcheng Zhongpin Food Company Limited USD ($)	Jun. 30, 2012 Yongcheng Zhongpin Food Company Limited CNY	Jun. 30, 2012 Tianjin Zhongpin Food Company Limited USD ($)	Jun. 30, 2012 Tianjin Zhongpin Food Company Limited CNY	Jun. 30, 2012 Jilin Zhongpin Food Company Limited USD ($)	Jun. 30, 2012 Jilin Zhongpin Food Company Limited CNY	Jun. 30, 2012 Henan Zhongpin Agriculture and Animal Husbandry Industry Development Company Limited USD ($)	Jun. 30, 2012 Henan Zhongpin Agriculture and Animal Husbandry Industry Development Company Limited CNY	Jun. 30, 2012 Taizhou Zhongpin Food Company Limited USD ($)	Jun. 30, 2012 Taizhou Zhongpin Food Company Limited CNY	Jun. 30, 2012 Changchun Zhongpin Food Company Limited USD ($)	Jun. 30, 2012 Changchun Zhongpin Food Company Limited CNY	Jun. 30, 2012 Henan Zhongpin Xinda Agriculture and Animal Husbandry Company Limited USD ($)	Jun. 30, 2012 Henan Zhongpin Xinda Agriculture and Animal Husbandry Company Limited CNY	Jun. 30, 2012 Kunshan Zhongpin Cold Chain Logistics Company Limited USD ($)	Jun. 30, 2012 Kunshan Zhongpin Cold Chain Logistics Company Limited CNY	Jun. 30, 2012 Tangshan Zhongpin Food Company Limited USD ($)	Jun. 30, 2012 Tangshan Zhongpin Food Company Limited CNY
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Date of Incorporation	May 20, 2005	Jan. 20, 2000		Jan. 20, 2000		Apr. 11, 2004	Apr. 11, 2004	Jun. 07, 2006	Jun. 07, 2006	Aug. 21, 2006	Aug. 21, 2006	Sep. 14, 2006	Sep. 14, 2006	Sep. 25, 2006	Sep. 25, 2006	Sep. 27, 2006	Sep. 27, 2006	Jan. 18, 2007	Jan. 18, 2007	Mar. 01, 2007	Mar. 01, 2007	Sep. 14, 2007	Sep. 14, 2007	Dec. 11, 2008	Dec. 11, 2008	Dec. 26, 2008	Dec. 26, 2008	May 12, 2010	May 12, 2010	Aug. 06, 2010	Aug. 06, 2010	Jun. 01, 2011	Jun. 01, 2011	Jun. 03, 2011	Jun. 03, 2011	Nov. 15, 2011	Nov. 15, 2011
Registered Capital	$ 203,300,000	$ 219,699,181		1,430,000,000		$ 611,111	5,060,000	$ 8,585,398	60,000,000	$ 5,094,422	34,800,000	$ 189,665	1,500,000	$ 1,893,652	15,000,000	$ 632,215	5,000,000	$ 8,703,452	60,000,000	$ 8,783,487	60,000,000	$ 14,639,145	100,000,000	$ 145,688	1,000,000	$ 1,461,796	10,000,000	$ 15,872,008	100,000,000	$ 27,011,138	170,000,000	$ 2,287,841	15,000,000	$ 46,356,388	300,000,000	$ 788,196	5,000,000
Percentage of Ownership	100.00%	100.00%	[1]	100.00%	[1]	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	65.00%	65.00%	100.00%	100.00%	100.00%	100.00%

[1] Includes a 1.7% ownership interest of another six stockholders with respect to which Henan Zhongpin Food Company Limited is entitled to all economic benefits and the right to vote pursuant to the terms of a trust agreement with such stockholders.

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Land Use Rights (Tables)

6 Months Ended

Jun. 30, 2012

Land Use Rights

The Company’s land use rights at June 30, 2012 and December 31, 2011 are as follows:

	June 30, 2012			December 31, 2011
	(Unaudited)
Land use rights	$	113,677,716		$	102,918,358
Accumulated amortization		(7,001,240	)		(5,936,965	)
Total	$	106,676,476		$	96,981,393

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Earning Per Share - Additional Information (Detail)	3 Months Ended
	Jun. 30, 2012	Jun. 30, 2012 Computation of diluted earnings per share	Jun. 30, 2011 Computation of diluted earnings per share
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options and warrants outstanding	1,312,189	305,189	1,314,564
Antidilutive securities excluded from computation of diluted earnings per share	1,007,000

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Land Use Rights - Additional Information (Detail) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Acquired Finite-Lived Intangible Assets [Line Items]
Amortization expenses	$ 572,870	$ 462,058	$ 1,089,836	$ 918,246

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Estimated Useful Life of Property, Plant and Equipment (Detail)	6 Months Ended
	Jun. 30, 2012
Buildings and Plants | Minimum
Summary Of Significant Accounting Policies [Line Items]
Property, plant and equipment useful life	5 years
Buildings and Plants | Maximum
Summary Of Significant Accounting Policies [Line Items]
Property, plant and equipment useful life	30 years
Machinery and Equipment | Minimum
Summary Of Significant Accounting Policies [Line Items]
Property, plant and equipment useful life	5 years
Machinery and Equipment | Maximum
Summary Of Significant Accounting Policies [Line Items]
Property, plant and equipment useful life	20 years
Equipment and Furniture | Minimum
Summary Of Significant Accounting Policies [Line Items]
Property, plant and equipment useful life	3 years
Equipment and Furniture | Maximum
Summary Of Significant Accounting Policies [Line Items]
Property, plant and equipment useful life	5 years
Vehicles
Summary Of Significant Accounting Policies [Line Items]
Property, plant and equipment useful life	5 years

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Financial Assets and Liabilities not Measured at Fair Value on Recurring Basis (Detail) (Fair Value, Measurements, Nonrecurring, USD $)	Jun. 30, 2012
Long term loans
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Financial liabilities not measured at fair value on recurring basis	$ 141,238,571
Capital Leases
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Financial assets not measured at fair value on recurring basis	2,732,592
Fair Value, Inputs, Level 2 | Long term loans
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Financial liabilities not measured at fair value on recurring basis	141,238,571
Fair Value, Inputs, Level 2 | Capital Leases
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Financial assets not measured at fair value on recurring basis	$ 2,732,592

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Long-Term Bank Loans - Additional Information (Detail)	6 Months Ended			1 Months Ended																1 Months Ended				1 Months Ended					1 Months Ended								6 Months Ended	1 Months Ended
	Jun. 30, 2012 USD ($)	Jun. 30, 2011 USD ($)	Jun. 30, 2012 Land Use Rights Property Plant and Equipment USD ($)	Dec. 31, 2010 Agriculture Bank of China USD ($)	Dec. 31, 2010 Agriculture Bank of China CNY	Sep. 30, 2010 Agriculture Bank of China USD ($)	Sep. 30, 2010 Agriculture Bank of China CNY	Mar. 31, 2010 Agriculture Bank of China USD ($)	Mar. 31, 2010 Agriculture Bank of China CNY	Feb. 28, 2010 Agriculture Bank of China USD ($)	Feb. 28, 2010 Agriculture Bank of China CNY	Dec. 31, 2009 Agriculture Bank of China USD ($)	Dec. 31, 2009 Agriculture Bank of China CNY	Jul. 31, 2012 Agriculture Bank of China Scenario, Forecast USD ($)	Jul. 31, 2012 Agriculture Bank of China Scenario, Forecast CNY	May 31, 2012 Agriculture Bank of China Scenario One USD ($)	Dec. 31, 2011 Agriculture Bank of China Scenario One USD ($)	Sep. 30, 2011 Agriculture Bank of China Scenario One USD ($)	Jun. 30, 2012 Agriculture Bank of China Scenario One USD ($)	May 31, 2012 Agriculture Bank of China Scenario Three USD ($)	Dec. 31, 2011 Agriculture Bank of China Scenario Three USD ($)	Mar. 31, 2011 Agriculture Bank of China Scenario Three USD ($)	Jun. 30, 2012 Agriculture Bank of China Scenario Three USD ($)	May 31, 2012 Agriculture Bank of China Scenario Four USD ($)	Dec. 31, 2011 Agriculture Bank of China Scenario Four USD ($)	Oct. 31, 2011 Agriculture Bank of China Scenario Four USD ($)	Dec. 31, 2010 Agriculture Bank of China Scenario Four USD ($)	Jun. 30, 2012 Agriculture Bank of China Scenario Four USD ($)	Jul. 31, 2010 Agriculture Bank of China Tianjin Zhongpin USD ($)	Jul. 31, 2010 Agriculture Bank of China Tianjin Zhongpin CNY	May 30, 2011 Agriculture Bank of China Tianjin Zhongpin USD ($)	May 30, 2011 Agriculture Bank of China Tianjin Zhongpin CNY	Nov. 30, 2010 Agriculture Bank of China Tianjin Zhongpin USD ($)	Nov. 30, 2010 Agriculture Bank of China Tianjin Zhongpin CNY	Jul. 31, 2010 Agriculture Bank of China Tianjin Zhongpin Maximum USD ($)	Jul. 31, 2010 Agriculture Bank of China Tianjin Zhongpin Maximum CNY	Jun. 30, 2012 Agriculture Bank of China Tianjin Zhongpin Scenario Two USD ($)	Apr. 30, 2012 China Development Bank USD ($)	Apr. 30, 2012 China Development Bank CNY	Apr. 30, 2012 China Construction Bank USD ($)	Apr. 30, 2012 China Construction Bank CNY	Mar. 31, 2012 China Construction Bank USD ($)	Mar. 31, 2012 China Construction Bank CNY	Jun. 30, 2011 China Construction Bank USD ($)	Jun. 30, 2011 China Construction Bank CNY	Jun. 30, 2010 China Construction Bank USD ($)	Jun. 30, 2010 China Construction Bank CNY	Apr. 30, 2010 Changge Old Town USD ($)	Apr. 30, 2010 Changge Old Town CNY	Nov. 30, 2009 China Merchants Bank USD ($)	Nov. 30, 2009 China Merchants Bank CNY	May 31, 2002 Bank of Communications USD ($)	May 31, 2002 Bank of Communications Semi-annual Basis
Debt Instrument [Line Items]
Long-term loan borrowing amount				$ 4,000,000	25,000,000	$ 11,900,000	75,000,000	$ 8,700,000	55,000,000	$ 11,200,000	71,000,000	$ 11,100,000	70,000,000	$ 7,900,000	50,000,000																				$ 47,400,000	300,000,000		$ 19,800,000	125,000,000	$ 2,400,000	15,000,000	$ 7,900,000	50,000,000	$ 7,900,000	50,000,000	$ 6,300,000	40,000,000			$ 15,000,000	95,000,000	$ 2,504,969
Long Term Loan From Agricultural Bank of China Interest Rate Description				All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.40% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable in December 2013	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.40% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable in December 2013	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People's Bank of China for loans with the same or similar terms on the drawdown date (6.65% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable in installments on various scheduled repayment dates between September 2011 and June 2014.	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People's Bank of China for loans with the same or similar terms on the drawdown date (6.65% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable in installments on various scheduled repayment dates between September 2011 and June 2014.	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.65% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable in installments on various scheduled repayment dates between December 2011 and December 2013.	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.65% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable in installments on various scheduled repayment dates between December 2011 and December 2013.	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.40% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable on February 3, 2013.	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.40% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable on February 3, 2013.	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.65% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable in installments on various scheduled repayment dates between December 2010 and December 2014.	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.65% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable in installments on various scheduled repayment dates between December 2010 and December 2014.	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.65% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable in June 2015.	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.65% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable in June 2015.														All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.65% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable in installments in June 2012, 2013, 2014 and 2015.	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.65% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable in installments in June 2012, 2013, 2014 and 2015.								All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (7.48% per annum on June 30, 2012 and adjustable on each anniversary of the agreement based on the prime rate published by the People’s Bank of China for loans with the same or similar terms) and are payable in installments on various scheduled repayment dates between April 2013 and May 2017.	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (7.48% per annum on June 30, 2012 and adjustable on each anniversary of the agreement based on the prime rate published by the People’s Bank of China for loans with the same or similar terms) and are payable in installments on various scheduled repayment dates between April 2013 and May 2017.	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.40% per annum on June 30, 2012 and adjustable on each anniversary of the agreement based on the prime rate published by the People’s Bank of China for loans with the same or similar terms) and are payable in March 2014.	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.40% per annum on June 30, 2012 and adjustable on each anniversary of the agreement based on the prime rate published by the People’s Bank of China for loans with the same or similar terms) and are payable in March 2014.	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.40% per annum on June 30, 2012 and adjustable on each anniversary of the agreement based on the prime rate published by the People’s Bank of China for loans with the same or similar terms) and are payable in March 2014.	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.40% per annum on June 30, 2012 and adjustable on each anniversary of the agreement based on the prime rate published by the People’s Bank of China for loans with the same or similar terms) and are payable in March 2014.	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.08% per annum on June 30, 2012 and adjustable on the anniversary of date of the agreement based on the prime rate published by the People’s Bank of China for loans with the same or similar terms) and are payable in installments in March and June 2013.	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.08% per annum on June 30, 2012 and adjustable on the anniversary of date of the agreement based on the prime rate published by the People’s Bank of China for loans with the same or similar terms) and are payable in installments in March and June 2013.	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (5.76% per annum on June 30, 2012 and adjustable on each anniversary of date of the agreement based on the prime rate published by the People’s Bank of China for loans with the same or similar terms) and are payable on June 29, 2013.	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (5.76% per annum on June 30, 2012 and adjustable on each anniversary of date of the agreement based on the prime rate published by the People’s Bank of China for loans with the same or similar terms) and are payable on June 29, 2013.			All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.65% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable in installments on various scheduled repayment dates between November 2012 and November 2014.	All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.65% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable in installments on various scheduled repayment dates between November 2012 and November 2014.
Long-term loan interest rate				6.40%	6.40%	6.65%	6.65%	6.65%	6.65%	6.40%	6.40%	6.65%	6.65%	6.65%	6.65%														6.65%	6.65%								7.48%	7.48%	6.40%	6.40%	6.40%	6.40%	6.08%	6.08%	5.76%	5.76%	7.00%	7.00%	6.65%	6.65%	6.02%
Loan payment date				December 2013	December 2013	September 2011 and June 2014	September 2011 and June 2014	December 2011 and December 2013	December 2011 and December 2013	February 3, 2013	February 3, 2013	December 2010 and December 2014	December 2010 and December 2014	June 2015	June 2015														June 2012, 2013, 2014 and 2015	June 2012, 2013, 2014 and 2015								April 2013 and May 2017	April 2013 and May 2017	March 2014	March 2014	March 2014	March 2014	March and June 2013	March and June 2013	June 29, 2013	June 29, 2013			November 2012 and November 2014	November 2012 and November 2014		November 15, 2041
Repayment of long-term loans	1,659,865	13,539,464														200,000	300,000	300,000		1,300,000	1,000,000	1,300,000		200,000	400,000	400,000	700,000										7,900,000
Long-term loan outstanding amount																			11,400,000				4,900,000					9,800,000	7,900,000	50,000,000	19,000,000	120,000,000	11,100,000	70,000,000
Long-term debt principal amount																																																1,600,000	10,200,000
Loan repayment terms																																																Such loan does not have a fixed term and the principal amount of the loan should be repaid by Henan Zhongpin upon six months prior written notice from Changge Old Town.	Such loan does not have a fixed term and the principal amount of the loan should be repaid by Henan Zhongpin upon six months prior written notice from Changge Old Town.
Loan withdrawal description																																																		The first 50% of the loan was drawn down in November 2009 and the remaining 50% of the loan was drawn down in March 2010.	The first 50% of the loan was drawn down in November 2009 and the remaining 50% of the loan was drawn down in March 2010.
Term loan period																																																				40 years
Percentage of tem loan amount																																																				58.00%
Long-term loan principal amount																																																				1,452,882
Loan repayment amount																																																				145,671
Description of Term Bank Loan																																																				Under the terms of the loan agreement, 58% of the principal amount ($1,452,882) of this loan bears interest at the fixed rate of 6.02% per annum and remaining principal amount of this loan is interest free.
Secured loans			97,200,000
Total of land use rights and property, plant and equipment pledged amounts			$ 111,500,000

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Property, Plant And Equipment

6 Months Ended

Jun. 30, 2012

Property, Plant And Equipment

4. PROPERTY, PLANT AND EQUIPMENT

A summary of property, plant and equipment at cost at June 30, 2012 and December 31, 2011 is as follows:

	June 30, 2012			December 31, 2011
	(Unaudited)
Plants and buildings	$	352,882,535		$	326,254,157
Machinery and equipment		151,118,798			136,356,055
Office furniture and equipment		6,911,909			6,058,994
Vehicles		4,483,174			4,010,629
Accumulated depreciation		(54,926,078	)		(44,749,964	)
Total	$	460,470,336		$	427,929,871

The depreciation and amortization expenses for the three-month periods ended June 30, 2012 and 2011 were $5,706,593 and $4,237,402, respectively, and for the six-month periods ended June 30, 2012 and 2011 were $11,244,577 and $8,201,482, respectively.

Of the above information, property, plant and equipment under the sale-leaseback agreement at cost at June 30, 2012 and December 31, 2011 is as follows:

	June 30, 2012			December 31, 2011
	(Unaudited)
Plants and buildings	$	161,892		$	171,678
Machinery and equipment		17,963,548			18,774,120
Office furniture and equipment		43,858			41,492
Vehicles		4,433			4,414
Accumulated depreciation		(3,025,740	)		(2,475,320	)
Total	$	15,147,992		$	16,516,384

The deferred losses included in the property and equipment balance were $624,047 and $1,375,173 at June 30, 2012 and December 31, 2011, respectively, and would be amortized over the lease term. Of the depreciation expenses, $747,989 and $561,375 were amortization of deferred loss and depreciation expense from assets under capital lease, respectively, for the six months ended June 30, 2012; $756,068 and $727,979 were amortization of deferred loss and depreciation expense from assets under capital lease, respectively, for the six months ended June 30, 2011.

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Summary of Construction in Progress (Detail) (USD $)	6 Months Ended
	Jun. 30, 2012		Dec. 31, 2011
Property, Plant and Equipment [Line Items]
Construction in progress	$ 46,784,402		$ 47,887,224
Improvement in Changge industrial park
Property, Plant and Equipment [Line Items]
Date or Estimated Date Put in Service	October 2012	[1]
Construction in progress	163,686		108,762
Information system
Property, Plant and Equipment [Line Items]
Date or Estimated Date Put in Service	May 2012	[1]
Construction in progress			128,865
Production facility for chilled and frozen pork in Taizhou
Property, Plant and Equipment [Line Items]
Date or Estimated Date Put in Service	January 2012	[1]
Construction in progress			886,362
Production facility for chilled and frozen pork in Changchun
Property, Plant and Equipment [Line Items]
Date or Estimated Date Put in Service	January 2012	[1]
Construction in progress			926,939
Zhongpin Xinda joint venture project
Property, Plant and Equipment [Line Items]
Date or Estimated Date Put in Service	September 2012	[1]
Construction in progress	9,807,109		5,576,932
Production facility for prepared pork products in Tianjin
Property, Plant and Equipment [Line Items]
Date or Estimated Date Put in Service	November 2012	[1]
Construction in progress	1,966,691		1,065,420
Production facility for prepared pork products in Changge (first phase)
Property, Plant and Equipment [Line Items]
Date or Estimated Date Put in Service	April 2012	[1]
Construction in progress			30,838,187
Sausage casting facility in Changge
Property, Plant and Equipment [Line Items]
Date or Estimated Date Put in Service	September 2012	[1]
Construction in progress	7,737,983
Anyang logistic project
Property, Plant and Equipment [Line Items]
Date or Estimated Date Put in Service	October 2012	[1]
Construction in progress	20,723,184		7,954,354
Upgrade for production facility in other locations
Property, Plant and Equipment [Line Items]
Date or Estimated Date Put in Service	November2012	[1]
Construction in progress	350,047		338,682
Kunshan facility land preparation cost
Property, Plant and Equipment [Line Items]
Date or Estimated Date Put in Service	April 2013	[1]
Construction in progress	$ 6,035,702		$ 62,721

[1] Represents date all regulatory permits and approvals are received and project is placed in service. In certain cases, construction of a project may be substantially completed and the project may be operational during a testing period prior to such date.

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Government Subsidies (Tables)

6 Months Ended

Jun. 30, 2012

Component of Subsidies Received From Government

Government subsidies received by the Company during the three-month and six-month periods ended June 30, 2012 and 2011 were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
Deferred subsidies opening balance:
Interest subsidies	$	—	$	—	$	—	$	—
Earmarked subsidies		2,042,412		—		2,057,466		—
Non-earmarked subsidies		—		—		—		—
Total	$	2,042,412	$	—	$	2,057,466	$	—
Subsidies received:
Interest subsidies	$	—	$	—	$	327,031	$	—
Earmarked subsidies		—		772,606		—		772,606
Non-earmarked subsidies		623,479		337,286		1,523,774		1,451,907
Total	$	623,479	$	1,109,892	$	1,850,805	$	2,224,513
Subsidies recognized:
Interest subsidies	$	—	$	—	$	327,031	$	—
Earmarked subsidies		27,009		—		42,063		—
Non-earmarked subsidies		623,479		337,286		1,523,774		1,451,907
Total	$	650,488	$	337,286	$	1,892,868	$	1,451,907
Deferred subsidies year ending balance:
Interest subsidies	$	—	$	—	$	—	$	—
Earmarked subsidies		2,015,403		772,606		2,015,403		772,606
Non-earmarked subsidies		—		—		—		—
Total	$	2,015,403	$	772,606	$	2,015,403	$	772,606

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Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2012

Computation of Basic and Diluted Net Earnings Per Share

The following table shows the computation of basic and diluted net earnings per share for the periods indicated:

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
	(Unaudited)		(Unaudited)		(Unaudited)		(Unaudited)
Numerator:
Net income attributable to common shareholders	$	10,980,829	$	19,315,096	$	23,175,146	$	36,198,137
Denominator:
Weighted average number of common shares outstanding – basic		37,189,322		40,355,502		37,343,942		38,115,633
Dilutive effect of stock options		20,373		10,151		5,150		88,275
Weighted average number of common shares outstanding – diluted		37,209,695		40,365,654		37,349,092		38,203,909
Basic earnings per share	$	0.29	$	0.48	$	0.62	$	0.95
Diluted earnings per share	$	0.29	$	0.48	$	0.62	$	0.95

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Construction In Progress - Additional Information (Detail) (USD $) In Millions, unless otherwise specified	6 Months Ended
	Jun. 30, 2012
Estimated cost for current construction in process	$ 74.9

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Fair Value Measurement (Tables) (Fair Value, Measurements, Nonrecurring)

6 Months Ended

Jun. 30, 2012

Fair Value, Measurements, Nonrecurring

Financial Assets and Liabilities not Measured at Fair Value on Recurring Basis

The following table sets forth the Company's financial assets and liabilities not measured at fair value on a recurring basis and where they are classified within the hierarchy as of June 30, 2012:

	Total		Level 1		Level 2		Level 3
Capital leases	$	2,732,592		-	$	2,732,592		-
Long term loans	$	141,238,571		-	$	141,238,571		-

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Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2012

Summary of Sales by Division

The Company contracts with those farms to grow more than 35 categories of vegetables and fruits, including asparagus, sweet corn, broccoli, mushrooms, lima beans and strawberries.

	Sales by Division (U.S. dollars in millions)
	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
	(Unaudited)			(Unaudited)			(Unaudited)			(Unaudited)
Pork and Pork Products:
Chilled pork	$	247.7		$	213.2		$	496.5		$	381.8
Frozen pork		91.4			105.1			158.4			178.6
Prepared pork products		65.1			43.1			120.8			84.3
Vegetables and Fruits		4.0			5.1			6.6			7.5
Total	$	408.2		$	366.5		$	782.3		$	652.2
Cost of Sales:
Pork products	$	369.1		$	323.1		$	705.4		$	571.1
Vegetables and fruits	$	3.5		$	4.2		$	5.8		$	6.1
Gross Profit Margin:
Pork products		8.7	%		10.6	%		9.1	%		11.4	%
Vegetables and fruits		12.5	%		17.6	%		12.1	%		18.7	%

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Inventories

6 Months Ended

Jun. 30, 2012

Inventories

3. INVENTORIES

Inventories at June 30, 2012 and December 31, 2011 consisted of the following:

	June 30, 2012		December 31, 2011
	(Unaudited)
Raw materials	$	6,433,461	$	6,066,074
Low value consumables and packing		1,728,026		1,918,019
Work-in-progress		4,138,709		5,385,610
Finished goods		51,457,264		28,574,317
Inventories	$	64,169,530	$	41,944,020

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Organization And Nature Of Operations - Additional Information (Detail)	Jun. 30, 2012 Segment
Organization and Nature of Operations [Line Items]
Number of business division	2
Falcon Link Investment Limited
Organization and Nature of Operations [Line Items]
Percentage of Ownership	100.00%

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Property, Plant and Equipment - Additional Information (Detail) (USD $)	3 Months Ended		6 Months Ended					6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012 Property Plant and Equipment	Jun. 30, 2011 Property Plant and Equipment	Dec. 31, 2011 Property Plant and Equipment	Jun. 30, 2012 Assets Held under Capital Leases	Jun. 30, 2011 Assets Held under Capital Leases
Property, Plant and Equipment [Line Items]
Depreciation and amortization for property, plant and equipment	$ 5,706,593	$ 4,237,402	$ 11,244,577	$ 8,201,482
Deferred losses					624,047		1,375,173
Amortization of deferred loss					747,989	756,068
Depreciation expense			$ 11,244,577	$ 8,201,482				$ 561,375	$ 727,979

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Segment Reporting - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2012 Segment Brand
Segment Reporting Information [Line Items]
Number of segments	1
Number of product lines	2
Vegetables and Fruits
Segment Reporting Information [Line Items]
Number of farm contracts	100
Vegetables and Fruits | Maximum
Segment Reporting Information [Line Items]
Number of categories	35

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Condensed Consolidated Balance Sheets (USD $)	Jun. 30, 2012	Dec. 31, 2011
Current assets
Cash and cash equivalents	$ 143,264,744	$ 135,845,095
Restricted cash	98,051,840	91,444,216
Bank notes receivable	56,372,795	29,171,060
Accounts receivable, net of allowance for doubtful accounts of $4,327,163 and $2,323,920	77,620,512	40,161,898
Other receivables, net of allowance for doubtful accounts of $284,979 and $449,048	1,467,451	1,081,311
Purchase deposits	7,204,856	14,320,357
Inventories	64,169,530	41,944,020
Prepaid expenses	548,394	379,633
VAT recoverable	36,159,510	30,472,864
Allowance receivables	950,210	3,116,108
Deferred tax assets	570,618	572,791
Other current assets	1,522,497	1,545,534
Total current assets	487,902,956	390,054,887
Long-term investment	474,316	476,122
Property and equipment (net)	460,470,336	427,929,871
Deposits for purchase of land use rights	29,018,401	27,930,404
Construction in progress	46,784,402	47,887,224
Land use rights	106,676,476	96,981,393
Deferred charges	37,414	8,665
Other non-current assets	1,845,742
Total assets	1,133,210,043	991,268,566
Current liabilities
Short-term loans	186,891,773	115,653,574
Bank notes payable	205,396,133	177,627,006
Long-term loans - current portion	44,658,520	16,016,419
Capital lease obligation - current portion	2,732,592	5,769,600
Accounts payable	17,107,743	15,693,948
Other payables	28,402,879	26,873,586
Accrued liabilities	14,871,326	12,596,651
Deposits from customers	7,316,394	12,550,096
Tax payable	1,724,988	1,822,812
Deferred subsidy - current portion	68,512	68,773
Total current liabilities	509,170,860	384,672,465
Deferred tax liabilities	522,409	524,399
Deposits from customers - long-term portion	2,266,661	2,615,449
Long-term loans	96,580,051	97,261,330
Deferred subsidy-long-term portion	1,946,891	1,988,693
Total liabilities	610,486,872	487,062,336
Equity
Common stock: par value $0.001; 100,000,000 authorized; 40,356,182 and40,355,502 shares issued and 37,189,344 and 37,556,964 outstanding	40,356	40,355
Additional paid in capital	239,880,014	239,364,449
Retained earnings	257,378,217	234,200,071
Treasury stock, at cost: 3,166,838 and 2,798,538 shares as of June 30, 2012 and December 31, 2011	(26,225,647)	(23,131,074)
Accumulated other comprehensive income	50,828,164	52,905,053
Total Zhongpin Inc. shareholders' equity	521,901,104	503,378,854
Noncontrolling interest	822,068	827,376
Total shareholders' equity	522,723,172	504,206,230
Total liabilities and shareholders' equity	$ 1,133,210,044	$ 991,268,566

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Short-Term Bank Loans - Additional Information (Detail) (USD $)					6 Months Ended
	Jun. 30, 2012	Dec. 31, 2011	Jun. 30, 2012 Credit Loans	Jun. 30, 2012 Henan Huanghe Enterprises Group Co. Ltd.	Jun. 30, 2012 Short-term Bank Loan
Short-term Debt [Line Items]
Short-term bank loan, principal amount	$ 186,891,773	$ 115,653,574
Secured short-term loan	132,000,000
Credit loans, principal amount			34,900,000
Loan guaranteed				$ 19,000,000
Interest rate for short term loans, minimum					6.10%
Interest rate for short term loans, maximum					7.87%

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Organization And Nature Of Operations

6 Months Ended

Jun. 30, 2012

Organization And Nature Of Operations

1.ORGANIZATION AND NATURE OF OPERATIONS

Zhongpin Inc. (the “Company”) was established under the laws of the State of Delaware on February 4, 2003.  The Company is a public holding company holding equity interests in its subsidiaries outside the U.S. Its operating subsidiaries are located in the People’s Republic of China (the “PRC”) and focus on two business divisions: pork and pork products, and vegetables and fruits. The pork and pork products division is involved primarily in the processing of live hogs into fresh, frozen and processed pork products which are sold domestically to branded stores, food retailers, food service distributors, restaurants, hotel chains and non-commercial food service establishments, such as schools, governments, healthcare facilities, the military and other food processors, as well as to certain international markets in a limited scope. The vegetables and fruits division is involved primarily in the processing of frozen vegetables and fruits that are sold to the Company’s branded stores and food retailers.

The Company holds a 100% interest in Falcon Link Investment Limited, a company organized under the laws of the British Virgin Islands (“Falcon”), through which the Company holds a 100% interest in its China-based subsidiaries, each of which was organized under the laws of China. The Company’s China-based subsidiaries include the following:

	Date of	Registered	Percentage of
Name	Incorporation	Capital	Ownership
Henan Zhongpin Food Company Limited	May 20, 2005	203,300,000 USD		100	%
Henan Zhongpin Food Share Company Limited (“Henan Zhongpin”)	Jan. 20, 2000	1,430,000,000 RMB ($219,699,181)		100	%(1)
Henan Zhongpin Import and Export Trading Company Limited	Aug. 11, 2004	5,060,000 RMB ($611,111)		100	%
Zhumadian Zhongpin Food Company Limited	June 7, 2006	60,000,000 RMB ($8,585,398)		100	%
Anyang Zhongpin Food Company Limited	Aug. 21, 2006	34,800,000 RMB ($5,094,422)		100	%
Henan Zhongpin Fresh Food Logistics Company Limited	Sept. 14, 2006	1,500,000 RMB ($189,665)		100	%
Deyang Zhongpin Food Company Limited	Sept. 25, 2006	15,000,000 RMB ($1,893,652)		100	%
Henan Zhongpin Business Development Company Limited	Sept. 27, 2006	5,000,000 RMB ($632,215)		100	%
Luoyang Zhongpin Food Company Limited (“Luoyang Zhongpin”)	Jan.18, 2007	60,000,000 RMB ($8,703,452)		100	%
Yongcheng Zhongpin Food Company Limited	Mar. 1, 2007	60,000,000 RMB ($8,783,487)		100	%
Tianjin Zhongpin Food Company Limited (“Tianjin Zhongpin”)	Sept. 14, 2007	100,000,000 RMB ( $14,639,145 )		100	%
Jilin Zhongpin Food Company Limited	Dec. 11, 2008	1,000,000 RMB ($145,688)		100	%

Henan Zhongpin Agriculture and Animal Husbandry Industry Development Company Limited	Dec. 26, 2008	10,000,000 RMB ($1,461,796)	100	%
Taizhou Zhongpin Food Company Limited	May 12, 2010	100,000,000 RMB ($15,872,008)	100	%
Changchun Zhongpin Food Company Limited	Aug. 6, 2010	170,000,000 RMB ($27,011,138)	100	%
Henan Zhongpin Xinda Agriculture and Animal Husbandry Company Limited	June 1, 2011	15,000,000 RMB ($2,287,841)	65	%
Kunshan Zhongpin Cold Chain Logistics Company Limited	June 3, 2011	300,000,000 RMB ($46,356,388)	100	%
Tangshan Zhongpin Food Company Limited	Nov. 15, 2011	5,000,000 RMB ($788,196)	100	%

(1)           Includes a 1.7% ownership interest of another six stockholders with respect to which Henan Zhongpin Food Company Limited is entitled to all economic benefits and the right to vote pursuant to the terms of a trust agreement with such stockholders.

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Summary of Significant Accounting Policies - Additional Information (Detail) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012 Year	Jun. 30, 2011	Dec. 31, 2011
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for doubtful accounts percentage	100.00%		100.00%
Aggregate amount of accounts receivable, percentage	5.00%		5.00%
Term of land use right, minimum			40
Term of land use right, maximum			50
Shipping and handling Fees	$ 3,200,000	$ 2,700,000	$ 5,500,000	$ 4,900,000
Advertising Expense	300,000	1,200,000	600,000	2,000,000
Options and warrants outstanding	1,312,189		1,312,189
Antidilutive securities excluded from computation of diluted earnings per share	1,007,000
Research and development expense	157,016	23,804	243,644	455,310
Government subsidies	0	0
Percentage of annual after-tax income for statutory reserve			10.00%
Required percentage of statutory reserve to registered capital			50.00%
Appropriation of statutory reserves			$ 32,600,000		$ 29,500,000
Computation of diluted earnings per share
Accounts, Notes, Loans and Financing Receivable [Line Items]
Options and warrants outstanding	305,189	1,314,564	305,189	1,314,564
Goods Purchased
Accounts, Notes, Loans and Financing Receivable [Line Items]
VAT rate			13.00%
Chilled Pork Products, Frozen Pork Products and Vegetable and Fruit Products
Accounts, Notes, Loans and Financing Receivable [Line Items]
VAT rate			13.00%
Meat Products
Accounts, Notes, Loans and Financing Receivable [Line Items]
VAT rate			17.00%
Maximum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Bank notes receivable maturity period			180 days
Minimum
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable collection period			1 year
Accounts Receivable Not Collected
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable collection period			1 year

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Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2012

Allowance Activities in Accounts Receivable

The following table presents allowance activities in accounts receivable.

	June 30, 2012		December 31, 2011
Beginning balance	$	2,323,920	$	1,708,479
Additions to allowance for bad debt		2,003,243		615,441
Ending balance	$	4,327,163	$	2,323,920

Estimated Life of Plant Equipment and Machinery

Depreciation expense is determined using the straight-line method over the estimated useful lives of the assets, as follows:

	Estimated Useful Economic Life
Plants and buildings		5-30 years
Machinery and equipment		5-20 years
Office furniture and equipment		3-5 years
Vehicles		5 years

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Allowance Activities in Accounts Receivable (Detail) (USD $)	6 Months Ended	12 Months Ended
	Jun. 30, 2012	Dec. 31, 2011
Allowance for Accounts Receivable
Beginning balance	$ 2,323,920	$ 1,708,479
Additions to allowance for bad debt	2,003,243	615,441
Ending balance	$ 4,327,163	$ 2,323,920

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Property, Plant And Equipment (Tables)

6 Months Ended

Jun. 30, 2012

Summary of Property, Plant and Equipment

A summary of property, plant and equipment at cost at June 30, 2012 and December 31, 2011 is as follows:

	June 30, 2012			December 31, 2011
	(Unaudited)
Plants and buildings	$	352,882,535		$	326,254,157
Machinery and equipment		151,118,798			136,356,055
Office furniture and equipment		6,911,909			6,058,994
Vehicles		4,483,174			4,010,629
Accumulated depreciation		(54,926,078	)		(44,749,964	)
Total	$	460,470,336		$	427,929,871

Sale Leaseback Agreement

Summary of Property, Plant and Equipment

Of the above information, property, plant and equipment under the sale-leaseback agreement at cost at June 30, 2012 and December 31, 2011 is as follows:

	June 30, 2012			December 31, 2011
	(Unaudited)
Plants and buildings	$	161,892		$	171,678
Machinery and equipment		17,963,548			18,774,120
Office furniture and equipment		43,858			41,492
Vehicles		4,433			4,414
Accumulated depreciation		(3,025,740	)		(2,475,320	)
Total	$	15,147,992		$	16,516,384

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Summary of Significant Accounting Policies

6 Months Ended

Jun. 30, 2012

Summary of Significant Accounting Policies

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Consolidation and Basis of Presentation

The condensed consolidated financial statements include the accounts of Zhongpin Inc. and its wholly owned subsidiaries (collectively referred to herein as the “Company”). All significant intercompany accounts and transactions have been eliminated during the process of consolidation. The condensed consolidated financial statements were prepared in accordance with GAAP for interim financial information.

Non-controlling Interests

Effective July 1, 2009, the Company adopted the authoritative pronouncement issued by the Financial Accounting Standard Board (the “FASB”) regarding non-controlling interests in consolidated financial statements. The pronouncement requires non-controlling interests to be separately presented as a component of equity in the consolidated financial statement.

Foreign Currency Translations and Transactions

RMB, the national currency of China, is the primary currency that the Company’s China-based subsidiaries use. The United States dollar (“U.S. dollar”) is the functional currency used by Falcon and Zhongpin Inc. to record all of their activities. The Company uses the U.S. dollar for financial reporting purposes.

The Company translates assets and liabilities into U.S. dollars using the middle rate published by the People’s Bank of China as of the balance sheet date. The condensed consolidated statement of income is translated at average rates during the reporting period. Adjustments resulting from the translation of financial statements from RMB into U.S. dollars are recorded in stockholders' equity as part of accumulated other comprehensive income. Gains or losses resulting from transactions in currencies other than RMB are reflected in income for the reporting period.

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Certain accounting principles require subjective and complex judgments to be used in the preparation of financial statements. Accordingly, a different financial presentation could result depending on the judgments, estimates, or assumptions that are used. Such estimates and assumptions include, but are not specifically limited to, those required in the valuation of long-lived assets, allowance for doubtful accounts, reserves for inventory obsolescence, valuation allowances for value added tax (“VAT”) recoverable, and determination of stock based compensation.

Revenue Recognition

Revenues generated from the sales of various meat products and vegetables and fruits are recognized when these products are delivered to customers in accordance with previously agreed upon pricing and delivery arrangements, and the collectability of these sales is reasonably assured. Since the products sold by the Company are primarily perishable and frozen food products, the right of return is only for a few days and has been determined to

be insignificant by the management of the Company. Accordingly, no provision has been made for returnable goods. Revenues presented on the consolidated statements of operations and comprehensive income are net of sales taxes.

Cash and Cash Equivalents

The Company considers all highly-liquid investments with maturity of three months or less to be cash equivalents. The Company maintains its cash accounts at creditworthy financial institutions and closely monitors the movements of its cash positions.

Restricted Cash and Bank Notes Payable

Under the terms of the credit agreements with certain of its lenders, Henan Zhongpin has agreed to maintain with such lenders in a deposit account an amount of cash that will serve as collateral for its delivery of bank promissory notes of such lenders as payment instruments for its procurement purposes. The amount of bank promissory notes of such lenders that can be delivered by Henan Zhongpin can be up to twice the amount of such deposits. As such deposits may not be withdrawn by Henan Zhongpin without restriction, such cash deposits are presented as “restricted cash” on the consolidated balance sheets.

Bank Notes Receivable

The Company only accepts notes issued by banks in the normal course of business as payment for products sold by the Company. These bank notes receivable have maturity dates of up to 180 days and bear no interest. The Company can hold the bank notes until the maturity date and collect the amount from the issuing banks, or the Company can use these bank notes as a means for payment for goods or services received. The Company accrues no provision for these bank notes because such bank notes have little risk of default in China.

Accounts Receivable

During the normal course of business, the Company's policy is to ask customers to make deposits in reasonable and meaningful amounts on a case-by-case basis. For certain customers, the Company may extend unsecured credit.

The Company regularly evaluates and monitors the creditworthiness of each of its customers in accordance with the prevailing practice in the meat industry and based on general economic conditions in China. The Company maintains a general policy of providing 100% allowance for doubtful accounts in an amount equal to the aggregate amount of those accounts that are not collected within one year plus an amount equal to 5% of the aggregate amount of accounts receivable less than one year old. After all attempts to collect a receivable have failed, the receivable is written off against the allowance. The Company also examines the credit terms of significant customers regularly and asks for more cash deposits if these customers appear to have any indicators of delaying their payments to the Company. Such deposits are usually applied for the collection of the outstanding accounts receivable during the year. With such a practice in place, the Company did not have any specific allowance for doubtful accounts provided against specific customers as of June 30, 2012 and December 31, 2011, respectively.

The following table presents allowance activities in accounts receivable.

	June 30, 2012		December 31, 2011
Beginning balance	$	2,323,920	$	1,708,479
Additions to allowance for bad debt		2,003,243		615,441
Ending balance	$	4,327,163	$	2,323,920

Inventories

Inventories are comprised of raw materials and low-value consumables, work-in-progress, and finished goods. Inventories are stated at the lower of cost or the market based on the weighted average method. Production cost components include the purchase cost of live hogs, direct labor, depreciation, packaging material, utility expense and other manufacturing overhead. By using a systematic costing system, the production cost is allocated to various products at the stage of work-in-progress and finished goods, respectively. Net realizable value is the estimated selling price, in the ordinary course of business, less estimated costs to complete and dispose. The Company regularly inspects the shelf life of prepared foods and, if necessary, writes down their carrying value based on their salability and expiration dates into cost of goods sold.

Property, Plant and Equipment

Property, plant and equipment are recorded at cost and are stated net of accumulated depreciation. Depreciation expense is determined using the straight-line method over the estimated useful lives of the assets, as follows:

	Estimated Useful Economic Life
Plants and buildings		5-30 years
Machinery and equipment		5-20 years
Office furniture and equipment		3-5 years
Vehicles		5 years

Maintenance and repairs are charged directly to expense as incurred, whereas improvements and renewals are generally capitalized in their respective property accounts. When an item is retired or otherwise disposed of, the cost and applicable accumulated depreciation are removed and the resulting gain or loss is recognized and reflected as a line item before operating income (loss).

Land Use Rights

The Chinese government owns all of the parcels of land on which the Company's plants are built. In China, land use rights for commercial purposes are granted by the PRC government typically for a term of 40-50 years. The Company is required to pay a lump sum of money to the State Land and Resource Ministry of the applicable locality to acquire such rights.The Company capitalizes the lump sum of money paid and amortizes these land use rights by using the straight line method over the term of the land use license granted by the applicable governmental authority.

Construction in Progress and Interest Capitalization

Construction in progress is stated at cost. The cost accumulation process starts from the time the construction project is set-up and ends at the time the project has been put into service and all regulatory permits and approvals have been received. The Company borrows bank loans from time to time for these construction projects. The interest costs incurred for these construction projects have been capitalized during the construction process.

Impairment of Long-Lived Assets

The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable through the estimated undiscounted cash flows expected to result from the use and eventual disposition of that asset. Whenever any such impairment exists, an impairment loss will be recognized for the amount by which the carrying value exceeds the fair value.

Fair Value of Financial Instruments

The carrying amount of cash and cash equivalents, accounts receivable, other receivables, advance to vendor, accounts payable and accrued liabilities, capital lease obligations and short-term loans are reasonable estimates of their fair value because of the short maturity of these items. The carrying amounts of capital lease obligations approximate their fair value based on the Company’s current incremental borrowing rates for similar types of arrangements. Long-term debt approximates fair value since the bank term loans are fixed rate instruments and bear interests at the rate dictated and published by the People's Bank of China. The current rates published by the People's Bank of China approximate the interest rates of the loans outstanding.

Shipping and Handling Cost

All shipping and handling fees are included in selling expenses. Shipping and handling fees amounted to $3.2 million and $2.7 million for the three months ended June 30, 2012 and 2011, respectively, and $5.5 million and $4.9 million for the six months ended June 30, 2012 and 2011, respectively.

Advertising Costs

Advertising costs are expensed as incurred. Advertising expense amounted to $0.3 million and $1.2 million for the three months ended June 30, 2012 and 2011, respectively, and $0.6 million and $2.0 million for the six months ended June 30, 2012 and 2011, respectively.

Value Added Tax

All China-based enterprises are subject to a VAT imposed by the PRC government on their domestic product sales. The output VAT is charged to customers who purchase goods from the Company and the input VAT is paid when the Company purchases goods from its vendors. Input VAT rates are 13% for most of the purchasing activities conducted by the Company. Output VAT rate is 13% for chilled pork products, frozen pork products and vegetable and fruit products, and 17% for prepared meat products. The input VAT can be offset against the output VAT. The VAT payable or recoverable balance presented on the consolidated balance sheets represents either the input VAT less than or larger than the output VAT. The debit balance represents a credit against future collections of output VAT instead of a receivable. On a quarterly basis, the Company forecasts for each of its subsidiaries separately the amount of sales revenue necessary to fully utilize the VAT recoverable. The factors considered in performing these forecasts include industry-specific and local economic conditions, as well as consumer behavior by the subsidiaries' designated geographical region and the demographics within those regions. Once the VAT recoverable for a subsidiary is determined to be non-recoverable in part or in full, the VAT recoverable is written-off as cost of sales.

Stock Compensation

The Company receives employee and certain non-employee services in exchange for (a) equity instruments of the Company or (b) liabilities that are based on the fair value of the Company's equity instruments or that may be settled by the issuance of such equity instruments. The Company accounts for stock compensation expense under the fair value recognition provisions of the FASB Accounting Standards Codification (ASC) Topic 718 (ASC 718), which requires companies to estimate the fair value of share-based payment awards on the date of grant using an option pricing model. See Note 9, "Equity Transactions", for further discussion on stock compensation expense.

Earnings Per Share

Basic earnings per share does not include dilution and is computed by dividing income available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflects the potential dilution of securities that could share in the earnings of an entity, similar to fully-diluted earnings per share. All of such securities are included in the computation of diluted earnings per share. Of the 1,312,189 options and warrants outstanding at June 30, 2012, 1,007,000 options were anti-dilutive and therefore excluded from the computation of diluted earnings per share for the three months ended June 30, 2012. The number of shares of common stock underlying the outstanding stock warrants and options at June 30, 2012 and 2011 were 305,189 and 1,314,564, respectively, which were all included in the computation of diluted earnings per share.

Government Subsidies

The Company's subsidiaries in China receive government subsidies from local Chinese government agencies in accordance with relevant Chinese government policies. In general, the Company presents the government subsidies received as part of other income unless the subsidies received are earmarked to compensate a specific expense, which have been accounted for by offsetting the specific expense, such as research and development expense or interest expenses. Unearned government subsidies received are deferred for recognition until the criteria for such recognition could be met.

Research and Development Expenses

Research and development costs are expensed as incurred. Gross research and development expenses for new product development and improvements of existing products by the Company incurred for the three-month periods ended June 30, 2012 and 2011 were $157,016 and $23,804, respectively, and for the six-month periods ended June 30, 2012 and 2011 were $243,644 and $455,310, respectively. The Company did not receive government subsidies that were specified for supporting the Company’s research and development efforts for the three-month periods ended June 30, 2012 and 2011, respectively.

Appropriation of Statutory Reserve

Under the corporate law and relevant regulations in the PRC, all of the subsidiaries of the Company located in the PRC are required to appropriate a portion of its retained earnings to statutory reserve. All subsidiaries located in the PRC are required to appropriate 10% of its annual after-tax income each year to the statutory reserve until the statutory reserve balance reaches 50% of the registered capital. In general, the statutory reserve shall not be used for dividend distribution purposes. As of June 30, 2012 and December 31, 2011, the appropriation of statutory reserves were $32.6 million and $29.5 million, respectively.

Comprehensive Income (Loss)

The Company adopted FASB Accounting Standards Codification 220, Comprehensive Income, which establishes standards for reporting and presentation of comprehensive income (loss) and its components in a full set of general-purpose financial statements. The Company has chosen to report comprehensive income (loss) in the statements of operations and comprehensive income. Comprehensive income (loss) is comprised of net income and all changes to stockholders' equity except those due to investments by owners and distributions to owners.

Recently Adopted Accounting Pronouncements

Adoption of FASB ASU 2011-11

In December 2011, the FASB issued Accounting Standards Update (“ASU”) No. 2011-11, Disclosures about Offsetting Assets and Liabilities”(ASU 2011-11). The amendments in this ASU require an entity to disclose information about offsetting and related arrangements to enable users of its financial statements to understand the effect of those arrangements on its financial position. An entity is required to apply the amendments for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods. An entity should provide the disclosures required by those amendments retrospectively for all comparative periods presented. The adoption of ASU 2011-11 is not expected to have a significant impact on the Company’s consolidated financial statements.

Adoption of FASB ASU 2011-04

In May 2011, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2011-04, “Fair Value Measurement (Topic 820)”, which provided clarifications for Topic 820 and also included instances where a particular principle or requirement for measuring fair value or disclosing information about fair value measurement has changed. This Update results in common principles and requirements for measuring fair value and for disclosing information about fair value measurements in accordance with U.S. GAAP and IFRSs, and is effective during interim and annual periods beginning after December 15, 2011 for public entities. Early application by public entities is not permitted, and the adoption of ASU 2011-04 did not have a material impact on the Company’s consolidated financial position and results of operations.

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Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Accounts receivable, allowance for doubtful accounts	$ 4,327,163	$ 2,323,920
Other receivables, allowance for doubtful accounts	$ 284,979	$ 449,048
Common stock, par value	$ 0.001	$ 0.001
Common stock, authorized	100,000,000	100,000,000
Common stock, shares issued	40,356,182	40,355,502
Common stock, shares outstanding	37,189,344	37,556,964
Treasury stock, shares	3,166,838	2,798,538

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Fair Value Measurement

6 Months Ended

Jun. 30, 2012

Fair Value Measurement

12. FAIR VALUE MEASUREMENT

The Company has adopted ASC Topic 820, Fair Value Measurement and Disclosure, which defines fair value, establishes a framework for measuring fair value in GAAP, and expands disclosures about fair value measurements. It does not require any new fair value measurements, but provides guidance on how to measure fair value by providing a fair value hierarchy used to classify the source of the information. It establishes a three-level valuation hierarchy of valuation techniques based on observable and unobservable inputs, which may be used to measure fair value and include the following:

Level 1 – Quoted prices in active markets for identical assets or liabilities.

Level 2 – Inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.

Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.

Classification within the hierarchy is determined based on the lowest level of input that is significant to the fair value measurement.

The Company’s financial items are classified within Level 1 of the fair value hierarchy. The carrying amount of cash and cash equivalents, accounts receivable, other receivables, advance to vendors, accounts payable and accrued liabilities and short-term loans are reasonable estimates of their fair value because of the short term nature of these items.

The following table sets forth the Company's financial assets and liabilities not measured at fair value on a recurring basis and where they are classified within the hierarchy as of June 30, 2012:

	Total		Level 1		Level 2		Level 3
Capital leases	$	2,732,592		-	$	2,732,592		-
Long term loans	$	141,238,571		-	$	141,238,571		-

Long-term debt approximates fair value since the bank term loans are fixed rate instruments and bear interests at the rate dictated and published by the People's Bank of China. The current rates published by the People's Bank of China approximate the interest rates of the loans outstanding.

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Document and Entity Information	6 Months Ended
	Jun. 30, 2012	Aug. 04, 2012
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2012
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q2
Trading Symbol	HOGS
Entity Registrant Name	ZHONGPIN INC.
Entity Central Index Key	0001277092
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		37,189,344

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Segment Reporting

6 Months Ended

Jun. 30, 2012

Segment Reporting

13. SEGMENT REPORTING

The Company operates in only one segment: meat production. The Company’s vegetable and fruit operations, both financially and operationally, do not represent a significant enough portion of its business to constitute a separate segment. However, the Company’s product lines are divided into two divisions: pork and pork products, and vegetables and fruits.

The pork and pork products division is involved primarily in the processing of live hogs into fresh, frozen and processed pork products. The pork and pork products division markets its products domestically to retail stores and to food retailers, food service distributors, restaurant operators and noncommercial food service establishments, such as schools, hotel chains, healthcare facilities, the military and other food processors, as well as in certain international markets on a limited basis.

The vegetables and fruits division is involved primarily in the processing of fresh vegetables and fruits. The Company contracts with more than 100 farms in Henan province and nearby areas to produce high-quality vegetable varieties and fruits suitable for export purposes. The proximity of the contracted farms to operations ensures freshness from harvest to processing. The Company contracts with those farms to grow more than 35 categories of vegetables and fruits, including asparagus, sweet corn, broccoli, mushrooms, lima beans and strawberries.

	Sales by Division (U.S. dollars in millions)
	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
	(Unaudited)			(Unaudited)			(Unaudited)			(Unaudited)
Pork and Pork Products:
Chilled pork	$	247.7		$	213.2		$	496.5		$	381.8
Frozen pork		91.4			105.1			158.4			178.6
Prepared pork products		65.1			43.1			120.8			84.3
Vegetables and Fruits		4.0			5.1			6.6			7.5
Total	$	408.2		$	366.5		$	782.3		$	652.2
Cost of Sales:
Pork products	$	369.1		$	323.1		$	705.4		$	571.1
Vegetables and fruits	$	3.5		$	4.2		$	5.8		$	6.1
Gross Profit Margin:
Pork products		8.7	%		10.6	%		9.1	%		11.4	%
Vegetables and fruits		12.5	%		17.6	%		12.1	%		18.7	%

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Condensed Consolidated Statements Of Operations And Comprehensive Income (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Revenues
Sales revenues	$ 408,211,851	$ 366,452,560	$ 782,339,235	$ 652,235,781
Cost of sales	(372,591,095)	(327,306,939)	(711,242,744)	(577,173,910)
Gross profit	35,620,756	39,145,621	71,096,491	75,061,871
Operating expenses
General and administrative expenses	(8,912,125)	(7,022,657)	(18,329,100)	(13,450,203)
Selling expenses	(8,819,522)	(8,457,575)	(15,256,642)	(14,730,895)
Research & development expenses	(157,016)	(23,804)	(243,644)	(455,310)
Total operating expenses	(17,888,663)	(15,504,036)	(33,829,386)	(28,636,408)
Income from operations	17,732,093	23,641,585	37,267,105	46,425,463
Other income (expense)
Interest expenses, net	(6,285,030)	(3,374,314)	(13,910,511)	(8,811,383)
Other income (expenses), net	591,769	(4,962)	1,155,374	(31,994)
Government subsidies	650,488	337,286	1,565,837	1,451,907
Total other expense	(5,042,773)	(3,082,403)	(11,189,301)	(7,471,697)
Net income before taxes	12,689,319	20,559,182	26,077,805	38,953,766
Provision for income taxes	(1,708,505)	(1,243,095)	(2,901,834)	(2,754,484)
Net income after taxes	10,980,814	19,316,087	23,175,971	36,199,282
Net income/loss attributable to noncontrolling interest	15	(991)	2,175	(1,145)
Net income attributable to Zhongpin Inc. shareholders	10,980,829	19,315,096	23,178,146	36,198,137
Foreign currency translation adjustment	(2,662,676)	6,124,756	(2,080,022)	9,932,670
Foreign currency translation adjustment attributable to noncontrolling interest	3,997	(10,504)	3,133	(11,565)
Foreign currency translation adjustment attributable to Zhongpin Inc. shareholders	(2,658,679)	6,114,252	(2,076,889)	9,921,105
Comprehensive income	8,318,139	25,440,843	21,095,948	46,131,952
Comprehensive income attributable to noncontrolling interest	4,012	(11,495)	5,308	(12,710)
Comprehensive income attributable to Zhongpin Inc. shareholders	$ 8,322,151	$ 25,429,348	$ 21,101,256	$ 46,119,242
Basic earnings per common share	$ 0.29	$ 0.48	$ 0.62	$ 0.95
Diluted earnings per common share	$ 0.29	$ 0.48	$ 0.62	$ 0.95
Basic weighted average shares outstanding	37,189,322	40,355,502	37,343,942	38,115,633
Diluted weighted average shares outstanding	37,209,695	40,365,654	37,349,092	38,203,909

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Short-Term Bank Loans

6 Months Ended

Jun. 30, 2012

Short-Term Bank Loans

7. SHORT-TERM BANK LOANS

Short-term bank loans are due within one year. Of the $186.9 million aggregate principal amount of short-term bank loans at June 30, 2012, loans in the aggregate principal amount of $132.0 million were secured by the Company’s subsidiaries in China, $34.9 million aggregate principal amount of loans was credit loans, and loans in the aggregate principal amount of $19.0 million were guaranteed by Henan Huanghe Enterprises Group Co., Ltd., an unaffiliated third party (“Huanghe Group”). These loans bear interest at prevailing lending rates in China ranging from 6.10% to 7.87% per annum.

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Construction In Progress

6 Months Ended

Jun. 30, 2012

Construction In Progress

6. CONSTRUCTION IN PROGRESS

Construction in progress at June 30, 2012 and December 31, 2011 consisted of the following:

Construction Project	Date or Estimated Date Put in Service(1)		June 30, 2012		December 31, 2011
Improvement in Changge industrial park		October 2012	$	163,686	$	108,762
Information system		May 2012		—		128,865
Production facility for chilled and frozen pork in Taizhou		January 2012		—		886,362
Production facility for chilled and frozen pork in Changchun		January 2012		—		926,939
Zhongpin Xinda joint venture project		September 2012		9,807,109		5,576,932
Production facility for prepared pork products in Tianjin		November 2012		1,966,691		1,065,420
Production facility for prepared pork products in Changge (first phase)		April 2012		—		30,838,187
Sausage casting facility in Changge		September 2012		7,737,983		—
Anyang logistic project		October 2012		20,723,184		7,954,354
Upgrade for production facility in other locations		November2012		350,047		338,682
Kunshan facility land preparation cost		April 2013		6,035,702		62,721
Total				46,784,402		47,887,224

Estimated cost to complete current construction in progress is $74.9 million.

(1) Represents date all regulatory permits and approvals are received and project is placed in service. In certain cases, construction of a project may be substantially completed and the project may be operational during a testing period prior to such date.

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Inventories (Tables)

6 Months Ended

Jun. 30, 2012

Components of Inventories

Inventories at June 30, 2012 and December 31, 2011 consisted of the following:

	June 30, 2012		December 31, 2011
	(Unaudited)
Raw materials	$	6,433,461	$	6,066,074
Low value consumables and packing		1,728,026		1,918,019
Work-in-progress		4,138,709		5,385,610
Finished goods		51,457,264		28,574,317
Inventories	$	64,169,530	$	41,944,020

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Subsequent Events Update

6 Months Ended

Jun. 30, 2012

Subsequent Events Update

14. SUBSEQUENT EVENTS Update

On March 27, 2012, the Company announced that its Board of Directors had received a preliminary, non-binding proposal from the Company’s Chairman and Chief Executive Officer, Xianfu Zhu, stating that Mr. Zhu intended to seek to purchase the remaining shares of the Company that he does not presently own (the “Proposed Buyout”). Following this announcement, at least three lawsuits have been filed in Delaware naming the members of the Company's Board of Directors and/or the Company as defendants.

On April 3, 2012, a verified shareholder class action lawsuit was filed by Phillip Meeks in the Court of Chancery of the State of Delaware against the Company and members of its Board of Directors, alleging that, inter alia, the Company's Board of Directors breached their fiduciary duties in connection with the Proposed Buyout, and that the price per share proposed by Mr. Zhu represented inadequate consideration in light of the Company’s intrinsic value and future prospects, and that the Company aided and abetted the breach of fiduciary duties. The plaintiff seeks damages, declaratory relief and injunctive relief, including an order preventing the Company from proceeding with the Proposed Buyout or any transaction with Mr. Zhu, as well as an award of plaintiffs’ attorneys’ fees and costs. The Company believes that none of the defendants has yet responded to the complaint.

On April 11, 2012, a verified shareholder class action lawsuit was filed by Richard Bauschard in the Court of Chancery of the State of Delaware against members of the Company's Board of Directors, alleging that, inter alia, the Board of Directors breached their fiduciary duties in connection with the Proposed Buyout, and that the price per share proposed by Mr. Zhu represented inadequate consideration in light of the Company’s intrinsic value and future prospects. The plaintiff seeks damages, declaratory relief and injunctive relief, including an order preventing the defendants from proceeding with the Proposed Buyout or any transaction with Mr. Zhu, as well as an award of plaintiffs’ attorneys’ fees and costs. The Company believes that none of the defendants has yet responded to the complaint.

On April 18, 2012, a verified shareholder class action lawsuit was filed by Harry Vonderlieth in the Court of Chancery of the State of Delaware against the Company and members of its Board of Directors, alleging that, inter alia, the Company's Board of Directors breached their fiduciary duties to the shareholders in connection with the Proposed Buyout, and that the price per share proposed by Mr. Zhu represented inadequate consideration in light of the Company’s intrinsic value and future prospects, and that the Company aided and abetted the breach of fiduciary duties. The plaintiff seeks damages, declaratory relief and injunctive relief, including an order preventing the Company from proceeding with the Proposed Buyout or any transaction with Mr. Zhu, as well as an award of plaintiffs’ attorneys’ fees and costs. The Company believes that none of the defendants has yet responded to the complaint.

The Company intends to defend against the pending class action litigation vigorously.

In accordance with accounting standards regarding loss contingencies, the Company accrues an undiscounted liability for those contingencies where the incurrence of a loss is probable and the amount can be reasonably estimated, and the Company discloses the amount accrued and an estimate of any reasonably possible loss in excess of the amount accrued, if such disclosure is necessary for the Company’s financial statements not to be misleading. The Company does not accrue liabilities when the likelihood that the liability has been incurred is probable but the amount cannot be reasonably estimated, or when the liability is believed to be only reasonably possible or remote.

Because litigation outcomes are inherently unpredictable, the evaluation of legal proceedings often involves a series of complex assessments by management about future events and can rely heavily on estimates and assumptions. If the assessments indicate that loss contingencies that could be material to any one of the Company’s financial statements are not probable, but are reasonably possible, or are probable, but cannot be estimated, then the Company discloses the nature of the loss contingencies, together with an estimate of the possible loss or a statement that such loss is not reasonably estimable.

With respect to the legal proceedings and claims described above, such litigation is still in its preliminary stages and the final outcome, including the Company’s liability, if any, with respect to such litigation, is uncertain. At present, the Company is unable to estimate a reasonably possible range of loss, if any, that may result from such litigation. If an unfavorable outcome were to occur in the litigation described above, the impact could be material to the Company’s business, financial condition, or results of operations.

In addition, it is not possible to determine the maximum potential amount under the indemnification provisions under the terms and conditions of applicable bylaws, certificates or articles of incorporation, agreements or applicable law due to the limited history of prior indemnification claims and the preliminary stages of the litigation.

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Earnings Per Share

6 Months Ended

Jun. 30, 2012

Earnings Per Share

10. EARNINGS PER SHARE

The following table shows the computation of basic and diluted net earnings per share for the periods indicated:

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
	(Unaudited)		(Unaudited)		(Unaudited)		(Unaudited)
Numerator:
Net income attributable to common shareholders	$	10,980,829	$	19,315,096	$	23,175,146	$	36,198,137
Denominator:
Weighted average number of common shares outstanding – basic		37,189,322		40,355,502		37,343,942		38,115,633
Dilutive effect of stock options		20,373		10,151		5,150		88,275
Weighted average number of common shares outstanding – diluted		37,209,695		40,365,654		37,349,092		38,203,909
Basic earnings per share	$	0.29	$	0.48	$	0.62	$	0.95
Diluted earnings per share	$	0.29	$	0.48	$	0.62	$	0.95

Of the 1,312,189 options and warrants outstanding at June 30, 2012, 1,007,000 options were anti-dilutive and therefore excluded from the computation of diluted earnings per share for the three months ended June 30, 2012. 305,189 options and warrants were dilutive and therefore included in the computation of diluted earnings per share for the three months ended June 30, 2012. All potentially dilutive securities were included in diluted earnings per share for the three months ended June 30, 2011 as the average market price is greater than the exercise price of the warrants and options outstanding.

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Long-Term Bank Loans

6 Months Ended

Jun. 30, 2012

Long-Term Bank Loans

8. LONG-TERM BANK LOANS

Amounts outstanding under the Company’s long-term debt arrangements at June 30, 2012 and December 31, 2011 were as follows:

Bank	June 30, 2012			December 31, 2011
	(Unaudited)
China Construction Bank	$	24,506,316		$	14,283,674
Agriculture Bank of China		79,210,739			81,099,525
China Merchants Bank		15,020,000			15,077,211
Canadian Government Transfer Loan		1,124,922			1,197,758
Changge Old Town		1,613,436			1,619,581
China Development Bank		19,763,158			—
Current portion		(44,658,520	)		(16,016,419	)
Total long-term portion	$	96,580,051		$	97,261,330

In July 2012, Henan Zhongpin entered into a loan agreement with Agriculture Bank of China pursuant to which Henan Zhongpin borrowed RMB 50 million ($7.9 million). All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.65% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable in June 2015. Borrowings under the loan agreement are secured by the land use rights, property and plant of Henan Zhongpin.

In April 2012, Henan Zhongpin entered into a loan agreement with China Development Bank pursuant to which Henan Zhongpin borrowed RMB 125 million ($19.8 million). All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (7.48% per annum on June 30, 2012 and adjustable on each anniversary of the agreement based on the prime rate published by the People’s Bank of China for loans with the same or similar terms) and are payable in installments on various scheduled repayment dates between April 2013 and May 2017. Borrowings under the loan agreement are secured by the land use rights, property and plants of Henan Zhongpin.

In April 2012, Henan Zhongpin entered into a loan agreement with China Construction Bank pursuant to which Henan Zhongpin borrowed RMB 15 million ($2.4 million). All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.40% per annum on June 30, 2012 and adjustable on each anniversary of the agreement based on the prime rate published by the People’s Bank of China for loans with the same or similar terms) and are payable in March 2014. Borrowings under the loan agreement are secured by the land use rights, property and plants of Henan Zhongpin.

In March 2012, Henan Zhongpin entered into a loan agreement with China Construction Bank pursuant to which Henan Zhongpin borrowed RMB 50 million ($7.9 million). All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.40% per annum on June 30, 2012 and adjustable on each anniversary of the agreement based on the prime rate published by the People’s Bank of China for loans with the same or similar terms) and are payable in March 2014. Borrowings under the loan agreement are secured by the land use rights, property and plants of Henan Zhongpin.

In June 2011, Henan Zhongpin entered into a loan agreement with China Construction Bank pursuant to which Henan Zhongpin borrowed RMB 50 million ($7.9 million). All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.08% per annum on June 30, 2012 and adjustable on the anniversary of date of the agreement based on the prime rate published by the People’s Bank of China for loans with the same or similar terms) and are payable in installments in March and June 2013. Borrowings under the loan agreement are secured by the land use rights, property and plant of Henan Zhongpin.

In December 2010, Henan Zhongpin entered into a loan agreement with Agriculture Bank of China pursuant to which Henan Zhongpin borrowed RMB 25 million ($4.0 million). All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.40% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable in December 2013. Borrowings under the loan agreement are secured by the land use rights, property and plant of Henan Zhongpin.

In September 2010, Henan Zhongpin entered into a loan agreement with Agriculture Bank of China pursuant to which Henan Zhongpin borrowed RMB 75 million ($11.9 million). All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.65% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable in installments on various scheduled repayment dates between September 2011 and June 2014. Borrowings under the loan agreement are guaranteed by the Company’s wholly owned subsidiary, Yongcheng Zhongpin Food Company Limited. Henan Zhongpin repaid an aggregate of $0.3 million of the loan in September and December 2011, and $0.2 million of the loan in May 2012; $11.4 million remained outstanding as of June 30, 2012.

In July 2010, Tianjin Zhongpin entered into a loan agreement with the Agriculture Bank of China pursuant to which Tianjin Zhongpin may borrow up to RMB 300 million ($47.4 million). Tianjin Zhongpin drew down RMB 50 million ($7.9 million) in July 2010, RMB 70 million ($11.1 million) in November 2010 and RMB 120 million ($19.0 million) in May 2011. All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.65% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable in installments in June 2012, 2013, 2014 and 2015. Tianjin Zhongpin repaid $7.9 million of the loan in June 2012. Borrowings under the loan agreement are secured by the land use rights, property and plant of Tianjin Zhongpin.

In June 2010, Henan Zhongpin entered into a loan agreement with China Construction Bank pursuant to which Henan Zhongpin borrowed RMB 40 million ($6.3 million). All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (5.76% per annum on June 30, 2012 and adjustable on each anniversary of date of the agreement based on the prime rate published by the People’s Bank of China for loans with the same or similar terms) and are payable on June 29, 2013. Borrowings under the loan agreement are secured by the land use rights, property and plant of Henan Zhongpin.

In April 2010, in connection with the purchase of a piece of land from Changge Old Town, Changge Old Town extended a loan to Henan Zhongpin with a principal amount of RMB 10.2 million ($1.6 million) and bearing interest at the rate of 7.00% per annum payable on June 30, 2010 and each anniversary thereafter. Such loan does not have a fixed term and the principal amount of the loan should be repaid by Henan Zhongpin upon six months prior written notice from Changge Old Town.

In March 2010, Henan Zhongpin entered into a loan agreement with the Agriculture Bank of China pursuant to which Henan Zhongpin borrowed RMB 55 million ($8.7 million). All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.65% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable in installments on various scheduled repayment dates between December 2011 and December 2013. Borrowings under the loan agreement are secured by the land use rights, property and plant of Henan Zhongpin. Henan Zhongpin repaid $1.3 million of the loan in March 2011, $1.0 million of the loan in December 2011 and $1.3 million of the loan in May 2012; $4.9 million remained outstanding as of June 30, 2012.

In February 2010, Henan Zhongpin entered into a loan agreement with the Agriculture Bank of China pursuant to which Henan Zhongpin borrowed RMB 71 million ($11.2 million). All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.40% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable on February 3, 2013. Borrowings under the loan agreement are secured by the land use rights, property and plant of Henan Zhongpin.

In December 2009, Henan Zhongpin entered into a loan agreement with the Agriculture Bank of China pursuant to which Henan Zhongpin borrowed RMB 70 million ($11.1 million). All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.65% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable in installments on various scheduled repayment dates between December 2010 and December 2014. Borrowings under the loan agreement are secured by the land use rights, property and plant of Luoyang Zhongpin. Henan Zhongpin repaid $0.7 million of the loan in December 2010,, an aggregate of $0.4 million of the loan in October and December 2011 and $0.2 million in May 2012 ; $9.8 million remained outstanding as of June 30, 2012.

In November 2009, Henan Zhongpin entered into a loan agreement with China Merchants Bank pursuant to which Henan Zhongpin borrowed RMB 95 million ($15.0 million). The first 50% of the loan was drawn down in November 2009 and the remaining 50% of the loan was drawn down in March 2010. All amounts borrowed under the loan agreement bear interest at a floating rate that is based on the prime rate published by the People’s Bank of China for loans with the same or similar terms on the drawdown date (6.65% per annum on June 30, 2012 and adjustable in the month immediately following the publishing of rate adjustments by the People’s Bank of China during the term of the loan) and are payable in installments on various scheduled repayment dates between November 2012 and November 2014. Borrowings under the loan agreement are guaranteed by Luoyang Zhongpin.

In May 2002, Henan Zhongpin entered into a loan agreement with the Bank of Communications, Zhengzhou Branch, which is the intermediary bank for a 40-year term loan in the amount of $2,504,969 from the Canadian government. Under the terms of the loan agreement, 58% of the principal amount ($1,452,882) of this loan bears interest at the fixed rate of 6.02% per annum and remaining principal amount of this loan is interest free. The loan is repayable in a fixed amount of $145,671, which includes both principal and interest, that is payable on a semi-annual basis through November 15, 2041. Borrowings under the loan agreement are guaranteed by the Financing Department of Henan province.

Of the Company’s long term loans outstanding at June 30, 2012, $97.2 million are secured by land use rights and property, plant and equipment of the Company’s subsidiaries. Total of land use rights and property, plant and equipment pledged amounts to $111.5 million at June 30, 2012.

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Equity Transactions

6 Months Ended

Jun. 30, 2012

Equity Transactions

9. EQUITY TRANSACTIONS

During the three-month periods ended June 30, 2012 and 2011, the stock-based compensation expenses were $97,817 and $406,689, respectively, and for the six-month periods ended June 30, 2012 and 2011, the stock-based compensation expenses were $515,566 and $775,316, respectively.

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Government Subsidies

6 Months Ended

Jun. 30, 2012

Government Subsidies

11. GOVERNMENT SUBSIDIES

The central and local government provided Henan Zhongpin with various subsidies to encourage its research and development activities, building new facilities using information technology, building cold chain logistics and distribution networks, and for other contributions to the local community, such as increasing employment opportunities. The government subsidies are generally classified as earmarked (such as research and development activities) or non-earmarked. The interest subsidies were earmarked to offset the Company’s interest expenses incurred in relation to the construction of its vegetable and fruit production facility. All subsidies were accounted for based on evidence that cash has been received and the earmarked activities have taken place. Subsidies earmarked for research and development activities were first offset against relevant research and development expenses incurred, and interest subsidies were offset against the relevant interest expense incurred. Non-earmarked subsidies are generally recognized as other income.

Government subsidies received by the Company during the three-month and six-month periods ended June 30, 2012 and 2011 were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
Deferred subsidies opening balance:
Interest subsidies	$	—	$	—	$	—	$	—
Earmarked subsidies		2,042,412		—		2,057,466		—
Non-earmarked subsidies		—		—		—		—
Total	$	2,042,412	$	—	$	2,057,466	$	—
Subsidies received:
Interest subsidies	$	—	$	—	$	327,031	$	—
Earmarked subsidies		—		772,606		—		772,606
Non-earmarked subsidies		623,479		337,286		1,523,774		1,451,907
Total	$	623,479	$	1,109,892	$	1,850,805	$	2,224,513
Subsidies recognized:
Interest subsidies	$	—	$	—	$	327,031	$	—
Earmarked subsidies		27,009		—		42,063		—
Non-earmarked subsidies		623,479		337,286		1,523,774		1,451,907
Total	$	650,488	$	337,286	$	1,892,868	$	1,451,907
Deferred subsidies year ending balance:
Interest subsidies	$	—	$	—	$	—	$	—
Earmarked subsidies		2,015,403		772,606		2,015,403		772,606
Non-earmarked subsidies		—		—		—		—
Total	$	2,015,403	$	772,606	$	2,015,403	$	772,606

Subsidies received and other income recognized are translated at the average exchange rate. The beginning and ending balances are translated at the period-end exchange rates.

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Summary of China Based Subsidiaries (Parenthetical) (Detail) (Henan Zhongpin)	Jun. 30, 2012 Person
Henan Zhongpin
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Percentage of Ownership	1.70%
Number of stockholders with interest	6

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Component of Subsidies Received from the Government (Detail) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Component of Other Income, Nonoperating [Line Items]
Deferred subsidies opening balance	$ 2,042,412		$ 2,057,466
Subsidies received	623,479	1,109,892	1,850,805	2,224,513
Subsidies recognized	650,488	337,286	1,892,868	1,451,907
Deferred subsidies year ending balance	2,015,403	772,606	2,015,403	772,606
Interest subsidies
Component of Other Income, Nonoperating [Line Items]
Subsidies received			327,031
Subsidies recognized			327,031
Earmarked Subsidies
Component of Other Income, Nonoperating [Line Items]
Deferred subsidies opening balance	2,042,412		2,057,466
Subsidies received		772,606		772,606
Subsidies recognized	27,009		42,063
Deferred subsidies year ending balance	2,015,403	772,606	2,015,403	772,606
Non-earmarked Subsidies
Component of Other Income, Nonoperating [Line Items]
Subsidies received	623,479	337,286	1,523,774	1,451,907
Subsidies recognized	$ 623,479	$ 337,286	$ 1,523,774	$ 1,451,907

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Organization And Nature Of Operations (Tables)

6 Months Ended

Jun. 30, 2012

China Based Subsidiaries

The Company’s China-based subsidiaries include the following:

	Date of	Registered	Percentage of
Name	Incorporation	Capital	Ownership
Henan Zhongpin Food Company Limited	May 20, 2005	203,300,000 USD		100	%
Henan Zhongpin Food Share Company Limited (“Henan Zhongpin”)	Jan. 20, 2000	1,430,000,000 RMB ($219,699,181)		100	%(1)
Henan Zhongpin Import and Export Trading Company Limited	Aug. 11, 2004	5,060,000 RMB ($611,111)		100	%
Zhumadian Zhongpin Food Company Limited	June 7, 2006	60,000,000 RMB ($8,585,398)		100	%
Anyang Zhongpin Food Company Limited	Aug. 21, 2006	34,800,000 RMB ($5,094,422)		100	%
Henan Zhongpin Fresh Food Logistics Company Limited	Sept. 14, 2006	1,500,000 RMB ($189,665)		100	%
Deyang Zhongpin Food Company Limited	Sept. 25, 2006	15,000,000 RMB ($1,893,652)		100	%
Henan Zhongpin Business Development Company Limited	Sept. 27, 2006	5,000,000 RMB ($632,215)		100	%
Luoyang Zhongpin Food Company Limited (“Luoyang Zhongpin”)	Jan.18, 2007	60,000,000 RMB ($8,703,452)		100	%
Yongcheng Zhongpin Food Company Limited	Mar. 1, 2007	60,000,000 RMB ($8,783,487)		100	%
Tianjin Zhongpin Food Company Limited (“Tianjin Zhongpin”)	Sept. 14, 2007	100,000,000 RMB ( $14,639,145 )		100	%
Jilin Zhongpin Food Company Limited	Dec. 11, 2008	1,000,000 RMB ($145,688)		100	%

Henan Zhongpin Agriculture and Animal Husbandry Industry Development Company Limited	Dec. 26, 2008	10,000,000 RMB ($1,461,796)	100	%
Taizhou Zhongpin Food Company Limited	May 12, 2010	100,000,000 RMB ($15,872,008)	100	%
Changchun Zhongpin Food Company Limited	Aug. 6, 2010	170,000,000 RMB ($27,011,138)	100	%
Henan Zhongpin Xinda Agriculture and Animal Husbandry Company Limited	June 1, 2011	15,000,000 RMB ($2,287,841)	65	%
Kunshan Zhongpin Cold Chain Logistics Company Limited	June 3, 2011	300,000,000 RMB ($46,356,388)	100	%
Tangshan Zhongpin Food Company Limited	Nov. 15, 2011	5,000,000 RMB ($788,196)	100	%

(1)           Includes a 1.7% ownership interest of another six stockholders with respect to which Henan Zhongpin Food Company Limited is entitled to all economic benefits and the right to vote pursuant to the terms of a trust agreement with such stockholders.

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Construction In Progress (Tables)

6 Months Ended

Jun. 30, 2012

Construction in Progress

Construction in progress at June 30, 2012 and December 31, 2011 consisted of the following:

Construction Project	Date or Estimated Date Put in Service(1)		June 30, 2012		December 31, 2011
Improvement in Changge industrial park		October 2012	$	163,686	$	108,762
Information system		May 2012		—		128,865
Production facility for chilled and frozen pork in Taizhou		January 2012		—		886,362
Production facility for chilled and frozen pork in Changchun		January 2012		—		926,939
Zhongpin Xinda joint venture project		September 2012		9,807,109		5,576,932
Production facility for prepared pork products in Tianjin		November 2012		1,966,691		1,065,420
Production facility for prepared pork products in Changge (first phase)		April 2012		—		30,838,187
Sausage casting facility in Changge		September 2012		7,737,983		—
Anyang logistic project		October 2012		20,723,184		7,954,354
Upgrade for production facility in other locations		November2012		350,047		338,682
Kunshan facility land preparation cost		April 2013		6,035,702		62,721
Total				46,784,402		47,887,224

Estimated cost to complete current construction in progress is $74.9 million.

(1) Represents date all regulatory permits and approvals are received and project is placed in service. In certain cases, construction of a project may be substantially completed and the project may be operational during a testing period prior to such date.

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Computation of Basic and Diluted Net Earnings Per Share (Detail) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Numerator:
Net income attributable to common shareholders	$ 10,980,829	$ 19,315,096	$ 23,178,146	$ 36,198,137
Denominator:
Weighted average number of common shares outstanding - basic	37,189,322	40,355,502	37,343,942	38,115,633
Dilutive effect of stock options	20,373	10,151	5,150	88,275
Weighted average number of common shares outstanding - diluted	37,209,695	40,365,654	37,349,092	38,203,909
Basic earnings per share	$ 0.29	$ 0.48	$ 0.62	$ 0.95
Diluted earnings per share	$ 0.29	$ 0.48	$ 0.62	$ 0.95

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Summary of Land Use Rights (Detail) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Acquired Finite-Lived Intangible Assets [Line Items]
Land use rights	$ 113,677,716	$ 102,918,358
Accumulated amortization	(7,001,240)	(5,936,965)
Total	$ 106,676,476	$ 96,981,393

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Consolidated Statements Of Cash Flows (USD $)	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Cash flows from operating activities:
Net income	$ 23,175,971	$ 36,199,282
Adjustments to reconcile net income to net cash provided by (used in) operations:
Depreciation	11,244,577	8,201,482
Amortization of intangible assets	1,089,836	918,249
Provision for allowance for bad debt	1,854,859	677,259
Other income	(114,136)	3,269
Deferred subsidy	(34,352)
Stock-based compensation expense	515,566	775,316
Changes in operating assets and liabilities:
Accounts receivable	(39,733,636)	(12,378,014)
Other receivables	(510,391)	(2,467,032)
Purchase deposits	7,080,865	(2,519,411)
Prepaid expenses	(170,048)	(55,591)
Inventories	(22,447,130)	(3,515,759)
Allowance receivables	2,160,085	(1,847,397)
VAT recoverable	(5,818,467)	(7,604,190)
Other current assets	17,221	43,812
Deferred charges	(28,862)	9,114
Accounts payable	1,477,457	13,983,083
Other payables	1,753,707	1,432,387
Grants payable		764,397
Accrued liabilities	2,326,281	1,367,026
Taxes payable	(91,161)	(326,461)
Deposits from customers	(5,200,552)	1,059,156
Deposits from customers - Long term portion	(339,809)	450,169
Other noncurrent assets	(1,850,892)
Net cash (used in) provided by operating activities	(23,643,011)	35,170,146
Cash flows from investing activities:
Deposits for purchase of land use rights	(2,267,500)	(16,289,381)
Construction in progress	(38,142,893)	(60,971,828)
Additions to property and equipment	(6,455,137)	(3,722,560)
Additions to land use rights	(10,110,809)
Proceeds on sale of fixed assets	11,596	29,029
Increase in restricted cash	(6,974,018)	(40,948,998)
Net cash used in investing activities	(63,938,761)	(121,903,738)
Cash flows from financing activities:
Proceeds from (repayment of) bank notes, net	1,133,867	70,074,526
Proceeds from short-term bank loans,	136,477,415	51,979,025
Repayment of short-term bank loans	(64,600,357)	(45,701,843)
Proceeds from long-term loans	30,129,745	24,443,692
Repayment of long-term loans	(1,659,865)	(13,539,464)
Repayment of capital lease obligation	(3,023,529)	(3,609,637)
Proceeds from offering of common stock		66,356,662
Repurchase of common stock	(2,812,322)
Capital contribution by non-controlling interest		802,617
Net cash provided by financing activities	95,644,954	150,805,578
Effects of rate changes on cash	(643,533)	2,781,641
Increase in cash and cash equivalents	7,419,649	66,853,627
Cash and cash equivalents, beginning of period	135,845,095	84,172,186
Cash and cash equivalents, end of period	143,264,744	151,025,813
Supplemental disclosures of cash flow information:
Cash paid for interest	14,197,482	8,076,330
Cash paid for income taxes	$ 2,992,995	$ 3,195,639

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Land Use Rights

6 Months Ended

Jun. 30, 2012

Land Use Rights

5. LAND USE RIGHTS

The Company’s land use rights at June 30, 2012 and December 31, 2011 are as follows:

	June 30, 2012			December 31, 2011
	(Unaudited)
Land use rights	$	113,677,716		$	102,918,358
Accumulated amortization		(7,001,240	)		(5,936,965	)
Total	$	106,676,476		$	96,981,393

The amortization expenses for the three months ended June 30, 2012 and 2011 were $572,870 and $462,058, respectively, and for the six-month periods ended June 30, 2012 and 2011 were $1,089,836 and $918,246, respectively.

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Long-Term Bank Loans (Tables)

6 Months Ended

Jun. 30, 2012

Amounts Outstanding Under Company's Long-Term Debt Arrangements

Amounts outstanding under the Company’s long-term debt arrangements at June 30, 2012 and December 31, 2011 were as follows:

Bank	June 30, 2012			December 31, 2011
	(Unaudited)
China Construction Bank	$	24,506,316		$	14,283,674
Agriculture Bank of China		79,210,739			81,099,525
China Merchants Bank		15,020,000			15,077,211
Canadian Government Transfer Loan		1,124,922			1,197,758
Changge Old Town		1,613,436			1,619,581
China Development Bank		19,763,158			—
Current portion		(44,658,520	)		(16,016,419	)
Total long-term portion	$	96,580,051		$	97,261,330

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Components of Inventories (Detail) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Schedule of Inventory [Line Items]
Raw materials	$ 6,433,461	$ 6,066,074
Low value consumables and packing	1,728,026	1,918,019
Work-in-progress	4,138,709	5,385,610
Finished goods	51,457,264	28,574,317
Inventories	$ 64,169,530	$ 41,944,020

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Summary of Significant Accounting Policies (Policies)

6 Months Ended

Jun. 30, 2012

Consolidation and Basis of Presentation

Consolidation and Basis of Presentation

The condensed consolidated financial statements include the accounts of Zhongpin Inc. and its wholly owned subsidiaries (collectively referred to herein as the “Company”). All significant intercompany accounts and transactions have been eliminated during the process of consolidation. The condensed consolidated financial statements were prepared in accordance with GAAP for interim financial information.

Non-controlling Interests

Non-controlling Interests

Effective July 1, 2009, the Company adopted the authoritative pronouncement issued by the Financial Accounting Standard Board (the “FASB”) regarding non-controlling interests in consolidated financial statements. The pronouncement requires non-controlling interests to be separately presented as a component of equity in the consolidated financial statement.

Foreign Currency Translations and Transactions

Foreign Currency Translations and Transactions

RMB, the national currency of China, is the primary currency that the Company’s China-based subsidiaries use. The United States dollar (“U.S. dollar”) is the functional currency used by Falcon and Zhongpin Inc. to record all of their activities. The Company uses the U.S. dollar for financial reporting purposes.

The Company translates assets and liabilities into U.S. dollars using the middle rate published by the People’s Bank of China as of the balance sheet date. The condensed consolidated statement of income is translated at average rates during the reporting period. Adjustments resulting from the translation of financial statements from RMB into U.S. dollars are recorded in stockholders' equity as part of accumulated other comprehensive income. Gains or losses resulting from transactions in currencies other than RMB are reflected in income for the reporting period.

Use of Estimates

Use of Estimates

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Certain accounting principles require subjective and complex judgments to be used in the preparation of financial statements. Accordingly, a different financial presentation could result depending on the judgments, estimates, or assumptions that are used. Such estimates and assumptions include, but are not specifically limited to, those required in the valuation of long-lived assets, allowance for doubtful accounts, reserves for inventory obsolescence, valuation allowances for value added tax (“VAT”) recoverable, and determination of stock based compensation.

Revenue Recognition

Revenue Recognition

Revenues generated from the sales of various meat products and vegetables and fruits are recognized when these products are delivered to customers in accordance with previously agreed upon pricing and delivery arrangements, and the collectability of these sales is reasonably assured. Since the products sold by the Company are primarily perishable and frozen food products, the right of return is only for a few days and has been determined to

be insignificant by the management of the Company. Accordingly, no provision has been made for returnable goods. Revenues presented on the consolidated statements of operations and comprehensive income are net of sales taxes.

Cash and Cash Equivalents

Cash and Cash Equivalents

The Company considers all highly-liquid investments with maturity of three months or less to be cash equivalents. The Company maintains its cash accounts at creditworthy financial institutions and closely monitors the movements of its cash positions.

Restricted Cash and Bank Notes Payable

Restricted Cash and Bank Notes Payable

Under the terms of the credit agreements with certain of its lenders, Henan Zhongpin has agreed to maintain with such lenders in a deposit account an amount of cash that will serve as collateral for its delivery of bank promissory notes of such lenders as payment instruments for its procurement purposes. The amount of bank promissory notes of such lenders that can be delivered by Henan Zhongpin can be up to twice the amount of such deposits. As such deposits may not be withdrawn by Henan Zhongpin without restriction, such cash deposits are presented as “restricted cash” on the consolidated balance sheets.

Bank Notes Receivable

Bank Notes Receivable

The Company only accepts notes issued by banks in the normal course of business as payment for products sold by the Company. These bank notes receivable have maturity dates of up to 180 days and bear no interest. The Company can hold the bank notes until the maturity date and collect the amount from the issuing banks, or the Company can use these bank notes as a means for payment for goods or services received. The Company accrues no provision for these bank notes because such bank notes have little risk of default in China.

Accounts Receivable

Accounts Receivable

During the normal course of business, the Company's policy is to ask customers to make deposits in reasonable and meaningful amounts on a case-by-case basis. For certain customers, the Company may extend unsecured credit.

The Company regularly evaluates and monitors the creditworthiness of each of its customers in accordance with the prevailing practice in the meat industry and based on general economic conditions in China. The Company maintains a general policy of providing 100% allowance for doubtful accounts in an amount equal to the aggregate amount of those accounts that are not collected within one year plus an amount equal to 5% of the aggregate amount of accounts receivable less than one year old. After all attempts to collect a receivable have failed, the receivable is written off against the allowance. The Company also examines the credit terms of significant customers regularly and asks for more cash deposits if these customers appear to have any indicators of delaying their payments to the Company. Such deposits are usually applied for the collection of the outstanding accounts receivable during the year. With such a practice in place, the Company did not have any specific allowance for doubtful accounts provided against specific customers as of June 30, 2012 and December 31, 2011, respectively.

The following table presents allowance activities in accounts receivable.

	June 30, 2012		December 31, 2011
Beginning balance	$	2,323,920	$	1,708,479
Additions to allowance for bad debt		2,003,243		615,441
Ending balance	$	4,327,163	$	2,323,920

Inventories

Inventories

Inventories are comprised of raw materials and low-value consumables, work-in-progress, and finished goods. Inventories are stated at the lower of cost or the market based on the weighted average method. Production cost components include the purchase cost of live hogs, direct labor, depreciation, packaging material, utility expense and other manufacturing overhead. By using a systematic costing system, the production cost is allocated to various products at the stage of work-in-progress and finished goods, respectively. Net realizable value is the estimated selling price, in the ordinary course of business, less estimated costs to complete and dispose. The Company regularly inspects the shelf life of prepared foods and, if necessary, writes down their carrying value based on their salability and expiration dates into cost of goods sold.

Property, Plant and Equipment

Property, Plant and Equipment

Property, plant and equipment are recorded at cost and are stated net of accumulated depreciation. Depreciation expense is determined using the straight-line method over the estimated useful lives of the assets, as follows:

	Estimated Useful Economic Life
Plants and buildings		5-30 years
Machinery and equipment		5-20 years
Office furniture and equipment		3-5 years
Vehicles		5 years

Maintenance and repairs are charged directly to expense as incurred, whereas improvements and renewals are generally capitalized in their respective property accounts. When an item is retired or otherwise disposed of, the cost and applicable accumulated depreciation are removed and the resulting gain or loss is recognized and reflected as a line item before operating income (loss).

Land Use Rights

Land Use Rights

The Chinese government owns all of the parcels of land on which the Company's plants are built. In China, land use rights for commercial purposes are granted by the PRC government typically for a term of 40-50 years. The Company is required to pay a lump sum of money to the State Land and Resource Ministry of the applicable locality to acquire such rights.The Company capitalizes the lump sum of money paid and amortizes these land use rights by using the straight line method over the term of the land use license granted by the applicable governmental authority.

Construction in Progress and Interest Capitalization

Construction in Progress and Interest Capitalization

Construction in progress is stated at cost. The cost accumulation process starts from the time the construction project is set-up and ends at the time the project has been put into service and all regulatory permits and approvals have been received. The Company borrows bank loans from time to time for these construction projects. The interest costs incurred for these construction projects have been capitalized during the construction process.

Impairment of Long-Lived Assets

Impairment of Long-Lived Assets

The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable through the estimated undiscounted cash flows expected to result from the use and eventual disposition of that asset. Whenever any such impairment exists, an impairment loss will be recognized for the amount by which the carrying value exceeds the fair value.

Fair Value of Financial Instruments

Fair Value of Financial Instruments

The carrying amount of cash and cash equivalents, accounts receivable, other receivables, advance to vendor, accounts payable and accrued liabilities, capital lease obligations and short-term loans are reasonable estimates of their fair value because of the short maturity of these items. The carrying amounts of capital lease obligations approximate their fair value based on the Company’s current incremental borrowing rates for similar types of arrangements. Long-term debt approximates fair value since the bank term loans are fixed rate instruments and bear interests at the rate dictated and published by the People's Bank of China. The current rates published by the People's Bank of China approximate the interest rates of the loans outstanding.

Shipping and Handling Cost

Shipping and Handling Cost

All shipping and handling fees are included in selling expenses. Shipping and handling fees amounted to $3.2 million and $2.7 million for the three months ended June 30, 2012 and 2011, respectively, and $5.5 million and $4.9 million for the six months ended June 30, 2012 and 2011, respectively.

Advertising Costs

Advertising Costs

Advertising costs are expensed as incurred. Advertising expense amounted to $0.3 million and $1.2 million for the three months ended June 30, 2012 and 2011, respectively, and $0.6 million and $2.0 million for the six months ended June 30, 2012 and 2011, respectively.

Value Added Tax

Value Added Tax

All China-based enterprises are subject to a VAT imposed by the PRC government on their domestic product sales. The output VAT is charged to customers who purchase goods from the Company and the input VAT is paid when the Company purchases goods from its vendors. Input VAT rates are 13% for most of the purchasing activities conducted by the Company. Output VAT rate is 13% for chilled pork products, frozen pork products and vegetable and fruit products, and 17% for prepared meat products. The input VAT can be offset against the output VAT. The VAT payable or recoverable balance presented on the consolidated balance sheets represents either the input VAT less than or larger than the output VAT. The debit balance represents a credit against future collections of output VAT instead of a receivable. On a quarterly basis, the Company forecasts for each of its subsidiaries separately the amount of sales revenue necessary to fully utilize the VAT recoverable. The factors considered in performing these forecasts include industry-specific and local economic conditions, as well as consumer behavior by the subsidiaries' designated geographical region and the demographics within those regions. Once the VAT recoverable for a subsidiary is determined to be non-recoverable in part or in full, the VAT recoverable is written-off as cost of sales.

Stock Compensation

Stock Compensation

The Company receives employee and certain non-employee services in exchange for (a) equity instruments of the Company or (b) liabilities that are based on the fair value of the Company's equity instruments or that may be settled by the issuance of such equity instruments. The Company accounts for stock compensation expense under the fair value recognition provisions of the FASB Accounting Standards Codification (ASC) Topic 718 (ASC 718), which requires companies to estimate the fair value of share-based payment awards on the date of grant using an option pricing model. See Note 9, "Equity Transactions", for further discussion on stock compensation expense.

Earnings Per Share

Earnings Per Share

Basic earnings per share does not include dilution and is computed by dividing income available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflects the potential dilution of securities that could share in the earnings of an entity, similar to fully-diluted earnings per share. All of such securities are included in the computation of diluted earnings per share. Of the 1,312,189 options and warrants outstanding at June 30, 2012, 1,007,000 options were anti-dilutive and therefore excluded from the computation of diluted earnings per share for the three months ended June 30, 2012. The number of shares of common stock underlying the outstanding stock warrants and options at June 30, 2012 and 2011 were 305,189 and 1,314,564, respectively, which were all included in the computation of diluted earnings per share.

Government Subsidies

Government Subsidies

The Company's subsidiaries in China receive government subsidies from local Chinese government agencies in accordance with relevant Chinese government policies. In general, the Company presents the government subsidies received as part of other income unless the subsidies received are earmarked to compensate a specific expense, which have been accounted for by offsetting the specific expense, such as research and development expense or interest expenses. Unearned government subsidies received are deferred for recognition until the criteria for such recognition could be met.

Research and Development Expenses

Research and Development Expenses

Research and development costs are expensed as incurred. Gross research and development expenses for new product development and improvements of existing products by the Company incurred for the three-month periods ended June 30, 2012 and 2011 were $157,016 and $23,804, respectively, and for the six-month periods ended June 30, 2012 and 2011 were $243,644 and $455,310, respectively. The Company did not receive government subsidies that were specified for supporting the Company’s research and development efforts for the three-month periods ended June 30, 2012 and 2011, respectively.

Appropriation of Statutory Reserve

Appropriation of Statutory Reserve

Under the corporate law and relevant regulations in the PRC, all of the subsidiaries of the Company located in the PRC are required to appropriate a portion of its retained earnings to statutory reserve. All subsidiaries located in the PRC are required to appropriate 10% of its annual after-tax income each year to the statutory reserve until the statutory reserve balance reaches 50% of the registered capital. In general, the statutory reserve shall not be used for dividend distribution purposes. As of June 30, 2012 and December 31, 2011, the appropriation of statutory reserves were $32.6 million and $29.5 million, respectively.

Comprehensive Income (Loss)

Comprehensive Income (Loss)

The Company adopted FASB Accounting Standards Codification 220, Comprehensive Income, which establishes standards for reporting and presentation of comprehensive income (loss) and its components in a full set of general-purpose financial statements. The Company has chosen to report comprehensive income (loss) in the statements of operations and comprehensive income. Comprehensive income (loss) is comprised of net income and all changes to stockholders' equity except those due to investments by owners and distributions to owners.

Recently Adopted Accounting Pronouncements

Recently Adopted Accounting Pronouncements

Adoption of FASB ASU 2011-11

In December 2011, the FASB issued Accounting Standards Update (“ASU”) No. 2011-11, Disclosures about Offsetting Assets and Liabilities”(ASU 2011-11). The amendments in this ASU require an entity to disclose information about offsetting and related arrangements to enable users of its financial statements to understand the effect of those arrangements on its financial position. An entity is required to apply the amendments for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods. An entity should provide the disclosures required by those amendments retrospectively for all comparative periods presented. The adoption of ASU 2011-11 is not expected to have a significant impact on the Company’s consolidated financial statements.

Adoption of FASB ASU 2011-04

In May 2011, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2011-04, “Fair Value Measurement (Topic 820)”, which provided clarifications for Topic 820 and also included instances where a particular principle or requirement for measuring fair value or disclosing information about fair value measurement has changed. This Update results in common principles and requirements for measuring fair value and for disclosing information about fair value measurements in accordance with U.S. GAAP and IFRSs, and is effective during interim and annual periods beginning after December 15, 2011 for public entities. Early application by public entities is not permitted, and the adoption of ASU 2011-04 did not have a material impact on the Company’s consolidated financial position and results of operations.