YaSheng Announces Advances in Agricultural Production Through the Expansion of Drip Irrigation Farming.REDWOOD CITY Redwood City, city (1990 pop. 66,072), seat of San Mateo co., W Calif., on San Francisco Bay; inc. 1868. Manufactures include commmunications, electrical, electronic, and medical equipment. , Calif. -- YaSheng Group (Other OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :YHGG), China's national leader in industrialized in·dus·tri·al·ize v. in·dus·tri·al·ized, in·dus·tri·al·iz·ing, in·dus·tri·al·iz·es v.tr. 1. To develop industry in (a country or society, for example). 2. agricultural enterprise, has completed the installation of drip-irrigation over 49,419.32 acres of its farming properties and has outlined its intention to cover an additional 148,257.96 acres as part of its 5-year plan. The Company's implementation and integration of the most advanced agricultural technologies has resulted in the yield and cost-effectiveness of its agricultural products being ranked among the highest in the world. YaSheng Group has long recognized drip-irrigation as a breakthrough for the industrialization industrialization Process of converting to a socioeconomic order in which industry is dominant. The changes that took place in Britain during the Industrial Revolution of the late 18th and 19th century led the way for the early industrializing nations of western Europe and and the advancement of scientific and technological agriculture. Essentially, drip irrigation
Utilizing its close ties to international business partners, agricultural research organizations, and its own cutting edge agricultural technologies initiatives, YaSheng Group is firmly committed to expanding the Company's reach. YaSheng has participated in various seminars and training programs sponsored by national ministries, Tsinghua University History Tsinghua University was established in Beijing in 1911 on the site of a former royal garden belonging to a prince, and was funded by an indemnity which , Beijing University Beijing University or Peking University, at Beijing, China; founded as Metropolitan Univ. 1898, renamed Peking Univ. 1911, absorbed nontechnical departments of Qinghua (Tsinghua) Univ. , China Securities Regulatory Commission The China Securities Regulatory Commission (CSRC) (Simplified Chinese: 中国证券监督管理委员会; Pinyin: , and large securities companies, while engaging in academic exchanges with over 40 countries around the world. YaSheng also maintains foreign business ties with international companies that have annual turnovers ranging from $3-$35 billion (USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ). About YaSheng Group YaSheng Group (OTC:YHGG), a California company, was originally incorporated in the Gansu province of China in November 1998 under the name Gansu YaSheng Salt Industrial (Group) Company, Ltd. In January 2004, the Company reincorporated in California under the name YaSheng Group. With its largest operations and holdings in China, YaSheng is one of the three largest conglomerates in the Gansu province with 126 operating divisions, 15,500 employees (including retirees), and total assets of $1.533 billion USD. Through its holdings, the Company designs, develops, manufactures and markets high-quality farming and sideline products, chemical materials and products, textiles, construction materials, livestock and poultry, as well as new technologies of agriculture and genetic biology. YaSheng Group produces over 51 major products in the northwest of China, seven of which have received the national "Green Award" for the environment and health. The Company is recognized nationally for meeting all industry quality and environmental standards and its products are sold nationally and exported regularly to the U.S., Canada, Australia, Pakistan, Iran, and to additional countries in Europe and Asia. Major exports include sodium sulfate sodium sulfate, chemical compound, Na2SO4. It is a white, orthorhombic crystalline compound at ordinary temperatures; above 100°C; it assumes a monoclinic structure, and above about 250°C; it assumes a hexagonal structure. , sodium sulfide, vinyl fibers, barley, hops, fine spirits, licorice licorice (lĭk`ərĭs, –rĭsh), name for a European plant (Glycyrrhiza glabra) of the family Leguminosae (pulse family) and for the sweet substance obtained from the root. root, black melon seed, livestock, and many more agricultural, biotechnology, and industrial products. Forward-Looking Statements Certain statements contained in this press release are forward-looking statements that involve risks and uncertainties. The statements contained herein that are not purely historical are forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements deal with the Company's current plans, intentions, beliefs and expectations and statements of future economic performance. Statements containing terms like "believes," "does not believe," "plans," "expects," "intends," "estimates," "anticipates" and other phrases of similar meaning are considered to imply uncertainty and are forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual results in future periods to differ materially from what is currently anticipated. Factors that could cause or contribute to such differences include those discussed from time to time in reports filed by the Company with the Securities and Exchange Commission. The Company cannot guarantee its future results, levels of activity, performance or achievements. |
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