Backs Expansion of Tri-Way's Trading Business
GUANGZHOU, China-- Sino Agro Food, Inc. (OTCQX: SIAF | OSE: SIAF-ME), a company
focused on high protein food including seafood and cattle ("SIAF"), reports that
its equity investee, Tri-Way Industries Ltd. closed agreements in late July with
Incomlend Pte. Ltd. (a Singapore based Insurance Company) and Stenn (a UK based
Insurance company) on two USD 5.0 M trade invoice financing facilities ("TIFF")
to allow lines of credit extended to the buyers and/or sellers for the import,
export and distribution business of SIAF's equity investee, Tri-Way Industries
Ltd.

Full Release

The full news release was posted to Tri-Way's web site: http://www.tri
-way.hk/news-release.

CEO Commentary

Sino Agro Food Inc. is a major shareholder in Tri-Way. SIAF's Chairman and CEO
Solomon Lee commented on the financings: "We take this opportunity to
congratulate Tri-Way on achieving this major step toward scaling its
distributorship to a much larger business to support and supplement its primary
producing fishery operations. When Tri-Way recognizes sufficient incremental
profits, it will coordinate with SIAF to service its debt repayments to SIAF.

"These TIFF arrangements validate the on-going perseverance in pursuing
financing for various businesses from a wide multitude of debt, equity, and
partnering sources. I am very pleased Tri-Way has brought this financing
initiative to fruition.

"It is important for shareholders to realize that the process of procuring loans
in China for a company of SIAF's size, or Tri-Way's size, mirrors the tiered
approach of the IAD business. That is, it is generally a multi quarter timetable
to achieve aims, with intermediary contingencies or successful proof of
execution required -- or multi-year timetable for very large loans relative to
company size.

"It takes a lot of work, but as we see with this announcement, work that is
rewarded."

Investor Relations

Peter Grossman

+1 (775) 901-0344

info@sinoagrofood.com

Nordic Countries

+46 (0) 760 495 885
Peter Grossman

Investor Relations

1 (775) 901-0344

info@sinoagrofood.com

Nordic Countries

+46 (0) 760 495 885
About Sino Agro Food, Inc.

SIAF is a specialized investment company focused on protein food. The Company
produces, distributes, markets, and sells sustainable seafood and beef to the
rapidly growing middle class in China. Activities also include production of
organic fertilizer and produce. SIAF is a global leader in developing land based
recirculating aquaculture systems ("RAS"), and with its partners is the world's
largest producer of sustainable RAS prawns.

Founded in 2006 and headquartered in Guangzhou, the Company had over 325
employees and revenue of USD 141.7 million in 2018. Operations are located in
Guangdong, Qinghai, and Hunan provinces, and in Shanghai.  Sino Agro Food is a
public company listed on OTCQX U.S. Premier in the United States and on the Oslo
Børs' Merkur Market in Norway.

News and updates about Sino Agro Food, Inc., including key information, are
published on the Company's website (http://www.sinoagrofood.com), the Company's
Facebook page (https://www.facebook.com/SinoAgroFoodInc), and on twitter
@SinoAgroFood (https://twitter.com/SinoAgroFood).

Forward Looking Statements

This release may contain forward-looking statements relating to the business of
SIAF and its subsidiary companies. All statements other than historical facts
are forward-looking statements, which can be identified by the use of forward
-looking terminology such as "believes," "expects" or similar expressions. These
statements involve risks and uncertainties that may cause actual results to
differ materially from those anticipated, believed, estimated or expected. These
risks and uncertainties are described in detail in our filings with the
Securities and Exchange Commission. Forward-looking statements are based on
SIAF's current expectations and beliefs concerning future developments and their
potential effects on SIAF. There is no assurance that future developments
affecting SIAF will be those anticipated by SIAF. SIAF undertakes no obligation
to publicly update or revise any forward-looking statements, whether as a result
of new information, future events or otherwise, except as required under
applicable securities laws.