YHGG

Date: 22 April 2011 Business Summary YaSheng Group (YHGG) is a holding company that operates and primarily conducts its business operations in Peoples Republic of China, through its seven subsidiaries and operating entities. The Company is a producer of agriculture-based products, specializing in developing the agriculture industry by cultivating, processing, marketing and distributing a variety of food and agro-byproducts. YHGG also operates a small concrete plant in Baiyin City, Gansu Province, China. The Companys food and agro-byproducts are processed primarily from premium specialty agriculture products grown in Northwest China in six agricultural product categories: fresh fruits, vegetables, field crops, specialty crops, seeds and eggs.The Companys primary product offering includes over 30 major agriculture products under six product categories: field crops; vegetables; fruit; specialty crops; seeds, and poultry. Share Performance 1.75 Price ($): Volume (millions): 0.0 Sector:

YASHENG GROUP
(PINK OTC MARKETS INC)

Industry: Fishing & Farming

Yasheng Group 805 Veterans Blvd Suite 228 Redwood City CA 94063 United States () http://www.yashenggroup.com/ P/E: Employees: Market Cap: Shares Outstanding: Float: 2.74 15,000
(Millions)

52 Week High: 52 Week Low:

3.25 1.00

Currency:

USD

271.42 155.10 14.15

Sa le s 768 740 712 684 656 628 De c 0 7 De c 0 8 De c 0 9

($ Millions)

In co m e 8 1 .6 7 9 .1

Financial Summary BRIEF: For the fiscal year ended 31 December 2010, Yasheng Group's Revenues increased 15% to $849.5M. Net income increased 25% to $99.2M. Revenues reflect an increase in income from net sales. Net income also reflects a decrease in interest expenses and an increase in operating profit margins. Yasheng Group is engaged in developing, processing, marketing & distributing a variety of food products from agriculture products. Valuation Ratios Price/Earnings (TTM) Price/Sales (TTM) Price/Book (MRQ) Price/Cashflow (TTM) Per Share Data Earnings (TTM) Sales (TTM) Book Value (MRQ) Cash Flow (TTM) Cash (MRQ) Management Effectiveness Return on Equity (TTM) Return on Assets (TTM) Return on Investment (TTM) Dividend Information Dividend Yield (%) Dividend per Share (MRQ) Payout Ratio (MRQ)
(%)

7 6 .5 7 3 .9 7 1 .3 6 8 .8 De c 0 7 De c 0 8 De c 0 9
($ Millions)

Ea r n in gs p e r Sh a r e 0 .5 3

2.74 0.32 0.15 2.51

0.64 5.48 11.34 0.70 0.07

0 .5 1 0 .4 9 0 .4 8 0 .4 6 0 .4 4 De c 0 7 De c 0 8 De c 0 9
($)

Profitability Ratios (%) Gross Margin (TTM) Operating Margin (TTM) Net Profit Margin (TTM) Financial Strength Quick Ratio (MRQ) Current Ratio (MRQ) LT Debt/Equity (MRQ) Total Debt/Equity (MRQ)

12.46 11.87 11.68

5.89 5.49 5.73

1.32 2.82 0.14 1.43

-0.00 0.00

TTM: Trailing Twelve Months; MRQ: Most Recent Quarter; MRI: Most Recent Interim. Latest fiscal year: 2009; Most recent quarter: 4; Fiscal year end month: N/A; All Ratios are calculated for the latest fiscal year end unless otherwise indicated. Data Source: Reuters Fundamentals

YHGG

YASHENG GROUP
(PINK OTC MARKETS INC)

Key Ratios & Statistics

Financial Strength
12 Mo Dec 07 12 Mo Dec 08 12 Mo Dec 09 MRQ 3 Year Average

Quick Ratio Current Ratio LT Debt/Equity Total Debt Equity

3 .4 2 .8 2 .3 1 .7 1 .2 0 .6

0.59 1.18 0.02 0.06

0.61 1.24 0.00 0.04

0.91 1.84 0.00 0.02

1.32 2.82 0.14 1.43

0.70 1.42 0.01 0.04

Financial Strength looks at business risk. The stronger a company is from a financial standpoint, the less risky it is. The Quick Ratio compares cash and short-term investments (investments that could be converted to cash very quickly) to the financial liabilities they expect to incur within a year's time. The Current Ratio compares year-ahead liabilities to cash on hand now plus other inflows (e.g. Accounts Receivable) the company is likely to realize over that same twelve-month period.
Current Ratio Total Current Assets 1.84 159.23 86.75

Cu r r e n t Ra t io

1 2 Mo 1 2 Mo 1 2 Mo MRQ De c 0 7 De c 0 8 De c 0 9

3 Ye a r Av e r a ge

Total Current Liabilities

Quick Ratio: Cash plus Short Term Investments plus Accounts Receivable divided by the Total Current Liabilities for the same period. Current Ratio: Total Current Assets divided by Total Current Liabilities for the same period. Long Term Debt To Total Equity: Total Long Term Debt divided by Total Shareholder Equity. Total Debt to Total Equity: Total Debt divided by Total Shareholder Equity for the same period.

The Long Term Debt/Equity Ratio looks at the company's capital base. A ratio of 1.00 means the company's long-term debt and equity are equal. The Total Debt/Equity Ratio includes long-term debt and short term debt.

Profitability
12 Mo Dec 07 12 Mo Dec 08 12 Mo Dec 09 TTM 3 Year Average

Gross Margin (%) Operating Margin (%) Net Profit Margin (%) Interest Coverage

11.63 11.00 10.88 30.45

11.03 10.43 10.32 30.89

11.39 10.80 10.69 32.39

12.46 11.87 11.68 --

11.35 10.74 10.63 31.24

These ratios realize overall profitability, or the bottom line.

Gross Margin (%) Gross Profit x 100 Revenue 11.39 (%) 84.25 x 100 739.63

Gr o s s Ma r gin (%) 1 2 .9 4 1 2 .4 6 1 1 .9 8 1 1 .5 1 1 1 .0 3 1 0 .5 5 1 2 Mo 1 2 Mo 1 2 Mo T T M De c 0 7 De c 0 8 De c 0 9 3 Ye a r Av e r a ge

Gross Margin shows the amount of revenue left over after deducting direct costs of producing the goods or services. Operating Profit and Operating Margin trace the progress revenue down to another important level. From gross profit, we now subtract indirect costs, often referred to as overhead e.g. facilities and salaries associated with headquarters operations. Finally, Profit Margin shows you how much of each revenue dollar is left after all costs, of any kind, are subtracted. These other costs include such items as interest on corporate debt and income taxes.

Gross Margin: This value measures the percent of revenue left after paying all direct production expenses. It is calculated as Revenue minus the Cost of Goods Sold divided by the Revenue and multiplied by 100. Operating Margin: This value measures the percent of revenues remaining after paying all operating expenses. It is calculated as Operating Income divided by the Total Revenue, multiplied by 100. Net Profit Margin: Also known as Return on Sales, this value is the Income After Taxes divided by Total Revenue for the same period and is expressed as a percentage. Interest Coverage: The Operating Income divided by the company's interest obligations.

TTM: Trailing Twelve Months; MRQ: Most Recent Quarter; MRI: Most Recent Interim. Latest fiscal year: 2009; Most recent quarter: 4; Fiscal year end month: N/A; All Ratios are calculated for the latest fiscal year end unless otherwise indicated. Data Source: Reuters Fundamentals

YHGG

YASHENG GROUP
(PINK OTC MARKETS INC)

Key Ratios & Statistics (cont.)

Management Effectiveness (%)
12 Mo Dec 07 12 Mo Dec 08 12 Mo Dec 09 TTM 3 Year Average

Return on Equity % Return on Assets % Return on Investments %

5 .8 5 .4 9 5 .1 8 4 .8 6 4 .5 5 4 .2 4

5.56 4.66 5.13

5.26 4.55 4.93

5.04 4.55 4.83

5.89 5.49 5.73

5.29 4.59 4.96

A company's ability to operate profitably can be measured directly by measuring its return on assets. ROA (Return On Assets) is the ratio of a company's net profit to its total assets, expressed as a percentage.
Return on Assets (%) Income After Taxes Average Total Assets 4.55 (%) 79.06 x 100 1,738.47

Re t u r n o n As s e t s %

x 100

1 2 Mo 1 2 Mo 1 2 Mo T T M De c 0 7 De c 0 8 De c 0 9

3 Ye a r Av e r a ge

Return On Equity: Income Available to Common Stockholders divided by the Common Equity and expressed as a percentage. Return on Assets: This value is the Income After Taxes divided by the Average Total Assets, expressed as a percentage. Return on Investments: Income after taxes divided by the average total long term debt, other long term liabilities and shareholders equity, and expressed as a percentage.

ROA measures how well a company's management uses its assets to generate profits. It is a better measure of operating efficiency than ROE, which only measures how much profit is generated on the shareholders equity but ignores debt funding. This ratio is particularly relevant for banks which typically have huge assets.

Dividend Information
12 Mo Dec 07 12 Mo Dec 08 12 Mo Dec 09 MRQ 3 Year Average

Payout Ratio (%) Dividend Per Share

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

0.00 0.00

The annual dividend is the total amount($) of dividends you could expect to receive if you held the stock for a year (assuming no change in the company's dividend policy).
Payout Ratio (%) Dividend Per Share Primary EPS 0.00 (%) 0.00 x 100 0.51

Dividend Per Share: Common Stock Cash Dividends divided by the shares outstanding. Payout Ratio: This ratio is the percentage of the Primary/Basic Earnings Per Share Excluding Extraordinary Items paid to common stockholders in the form of cash dividends.

x 100

The dividend yield is the indicated annual dividend rate expressed as a percentage of the price of the stock, and could be compared to the coupon yield on a bond. The Payout Ratio tells you what percent of the company's earnings have been given to shareholders as cash dividends. A low payout ratio indicates that company has chosen to reinvest most of the profits back into the business.

TTM: Trailing Twelve Months; MRQ: Most Recent Quarter; MRI: Most Recent Interim. Latest fiscal year: 2009; Most recent quarter: 4; Fiscal year end month: N/A; All Ratios are calculated for the latest fiscal year end unless otherwise indicated. Data Source: Reuters Fundamentals

YHGG

YASHENG GROUP
(PINK OTC MARKETS INC)

Key Ratios & Statistics (cont.)

Per Share Data
12 Mo Dec 07 12 Mo Dec 08 12 Mo Dec 09 TTM 3 Year Growth

Earning Per Share Sales Per Share Book Value Cash Flow Cash Per Share

0.46 4.23 8.79 0.46 0.14

0.49 4.75 9.85 0.49 0.05

0.51 4.77 10.37 0.51 0.05

0.64 5.48 11.34 0.70 0.07

0.06 0.07 0.10 0.06 (0.22)

The most important Per-Share Data item is Earnings Per Share. That's because ultimately, the price of your stock is related in some way to the value of the stream of earnings attributable to that share.
Earnings Per Share Adjusted Income Avail. to Common Shareholders Diluted Weighted Average Shares 0.51 79.06 155.10

Ea r n in gs Pe r Sh a r e 0 .7 0 .6 4 0 .5 8 0 .5 2 0 .4 6 0 .4 1 2 Mo 1 2 Mo 1 2 Mo T T M De c 0 7 De c 0 8 De c 0 9

This section also includes the amount of Cash Per Share the company had at the time of its most recent quarterly or annual report. Most of the time, this number will be far below the stock price. In a healthy industrial company, a Cash Per Share figure that is close the stock price might suggest that investors are underestimating the worth of the company's ongoing business, thereby creating an interesting investment opportunity for you.

EPS Excluding Extraordinary Items: This is the adjusted income available to Common divided by the diluted weighted average shares outstanding. Sales (Revenue) Per Share: Total Revenue divided by the Average Diluted Shares Outstanding. Book Value Per Share: This is defined as the Common Shareholder's Equity divided by the Shares Outstanding. Cash Flow: Cash Flow is defined as the sum of Income After Taxes minus Preferred Dividends and General Partner Distributions plus Depreciation, Depletion and Amortization. Cash Per Share: This is the Total Cash plus Short Term Investments divided by the Shares Outstanding.

TTM: Trailing Twelve Months; MRQ: Most Recent Quarter; MRI: Most Recent Interim. Latest fiscal year: 2009; Most recent quarter: 4; Fiscal year end month: N/A; All Ratios are calculated for the latest fiscal year end unless otherwise indicated. Data Source: Reuters Fundamentals

YHGG

YASHENG GROUP
(PINK OTC MARKETS INC)

Consensus Estimates
Analyst Recommendations & Revisions
Buy Outperform Hold Underperform Strong Sell Mean Rating
Current As of 1 Week Ago As of 4 Weeks Ago As of 8 Weeks Ago As of 13 Weeks Ago

Consensus Recommendation Company Fiscal Year End Month N/A Last Updated 22 April 2011

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Consensus Estimate Trends

Sales(Millions) Year Ending N/A Year Ending N/A Quarter Ending - N/A Quarter Ending - N/A Earnings (Per share) Year Ending N/A Year Ending N/A Quarter Ending - N/A Quarter Ending - N/A

Current

As of 1 Week Ago

As of 4 Weeks Ago

As of 8 Weeks Ago

As of 13 Weeks Ago

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Consensus Estimate Analysis

Sales(Millions) Year Ending N/A Year Ending N/A Quarter Ending - N/A Quarter Ending - N/A LT Growth Rate Earnings (Per share) Year Ending N/A Year Ending N/A Quarter Ending - N/A Quarter Ending - N/A LT Growth Rate

No. of Estimates

Mean Estimate

High Estimate

Low Estimate

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Quarter Historical Surprises

Sales(Millions) N/A N/A N/A N/A Earnings (Per share) N/A N/A N/A N/A

Estimate

Actual

Difference

Surprise(%)

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Data Source: Reuters Fundamentals

YHGG

YASHENG GROUP
(PINK OTC MARKETS INC)

Annual Income Statement

Type of Update UPD
($ Millions)

UPD
($ Millions)

UPD 768
($ Millions)

T o t a l Re v e n u e 740 712 684 656 628 De c 0 7 De c 0 8 De c 0 9

($ Millions)

12Months 31 Dec 07

12Months 31 Dec 08

12Months 31 Dec 09

Total Revenue Cost of Revenue,Total Gross Profit Selling/General/Admin.Expenses Research & Development Depreciation/Amortization Interest Expense/Income Net Op. Unusual Income/Expense Other Operating Expenses,Total Total Operating Expense Operating Income Interest Expense/Income Net Non Op. Gain/(Loss) on Sale of Assets Other, Net Income Before Tax Income Tax - Total Income After Tax Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraodinary Item Tax on Extraordinary Items Net Income Preferred Dividends General Partner's Distributions Inc. Avail. to Common Excl. Extra. Items Inc. Avail. to Common Incl. Extra. Items Basic Weighted Average Shares Basic EPS Excl. Extra. Items Basic EPS Incl. Extra. Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excl. Extra. Items Diluted EPS Incl. Extra. Items Div's per Share - Common Stock Gross Dividends - Common Stock Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Total Special Items Normalized Income Before Tax Effect of Special Items on Inc. Taxes Inc. Taxes Excl. Impact Special Items Normalized Income After Tax Normalized Income Available to Common Basic Normalized EPS Diluted Normalized EPS
Auditor Auditor Opinion Source Document

655.7 579.4 76.2 4.1 -----583.5 72.1 --1.6 71.3 0.0 71.3 ---71.3 ----71.3 --71.3 71.3 155.1 0.460 0.460 -71.333 155.097 0.460 0.460 0.000 0.000 2.369 -8.368 -71.333 -0.000 71.333 71.333 0.460 0.460
GHCP UNO 10-K

736.2 655.0 81.2 4.4 -----659.4 76.8 --1.7 76.0 0.0 76.0 ---76.0 ----76.0 --76.0 76.0 155.1 0.490 0.490 -75.996 155.097 0.490 0.490 0.000 0.000 2.487 -8.699 -75.996 -0.000 75.996 75.996 0.490 0.490
GHCP UNO 10-K

739.6 655.4 84.3 4.4 -----659.8 79.9 --1.7 79.1 0.0 79.1 ---79.1 ----79.1 --79.1 79.1 155.1 0.510 0.510 -79.064 155.097 0.510 0.510 0.000 0.000 2.466 -8.753 -79.064 -0.000 79.064 79.064 0.510 0.510
GHCP UNO 10-K

Gr o s s Pr o fit 8 6 .9 8 4 .3 8 1 .6 7 8 .9 7 6 .2 7 3 .6 De c 0 7 De c 0 8 De c 0 9
($ Millions)

Op e r a t in g In co m e 8 2 .4 7 9 .9 7 7 .3 7 4 .7 7 2 .1 6 9 .5 De c 0 7 De c 0 8 De c 0 9
($ Millions)

Ne t In co m e 8 1 .6 7 9 .1 7 6 .5 7 3 .9 7 1 .3 6 8 .8 De c 0 7 De c 0 8 De c 0 9
($ Millions)

Dilu t e d No r m a liz e d EPS 0 .5 3 0 .5 1 0 .4 9 0 .4 8 0 .4 6 0 .4 4 De c 0 7 De c 0 8 De c 0 9

($ Millions)

Data Source: Reuters Fundamentals

YHGG

YASHENG GROUP
(PINK OTC MARKETS INC)

Annual Balance Sheet

Type of Update UPD
($ Millions)

UPD
($ Millions)

UPD 2 7 .3
($ Millions)

Ca s h & Sh o r t T e r m In v e s t m e n t s 2 2 .5 1 7 .6 1 2 .7 7 .9 3 .0 De c 0 7 De c 0 8 De c 0 9
($ Millions)

31 Dec 07

31 Dec 08

31 Dec 09

Cash Cash and Equivalents Short Term Investments Cash and Short Term Investments Accounts Receivable(Trade), Net Notes Receivable - Short Term Other Receivables Total Receivables, Net Total Inventory Prepaid Expenses Other Current Assets Total Current Assets Property/Plant/Equipment - Gross Accumulated Depreciation Property/Plant/Equip., Net Goodwill, Net Intangibles, Net Long Term Investments Note Receivable - Long Term Other Long Term Assets, Total Other Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. LT Debt/Capital Leases Other Current Liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax Minority Interest Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Preferred Stock(Non Redeemable), Net Common Stock Additional Paid-In Capital Retained Earnings/Accum. Deficit Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain/Loss Other Equity, Total Total Equity Total Liability & Shareholders' Equity Total Common Shares Outstanding Total Preferred Stock Shares Outs.
Auditor Auditor Opinion Source Document

-22.5 -22.5 61.0 --61.0 79.7 4.6 -167.8 437.4 (39.8) 397.6 -872.3 0.2 -176.5 -1,614.4 -81.2 1.2 33.8 24.7 1.3 142.2 26.7 -26.7 85.1 --82.2 251.1 --155.1 -1,057.3 ---150.9 1,363.3 1,614.4 155.1 -GHCP UNO 10-K

-7.9 -7.9 64.6 --64.6 70.4 4.8 -147.6 458.2 (48.5) 409.8 -945.9 0.2 -224.0 -1,727.5 -65.9 1.2 25.8 25.2 1.4 119.5 3.6 -3.6 54.6 --77.2 200.2 --155.1 -1,133.3 ---238.9 1,527.3 1,727.5 155.1 -GHCP UNO 10-K

-8.0 -8.0 71.2 --71.2 75.3 4.7 -159.2 463.4 (64.2) 399.2 -958.1 0.2 -232.7 -1,749.4 -55.0 1.1 19.6 9.8 1.2 86.7 3.2 -3.2 32.6 --51.6 141.6 --155.1 -1,212.3 ---240.4 1,607.8 1,749.4 155.1 -GHCP UNO 10-K

T o t a l Cu r r e n t As s e t s 174 168 161 154 148 141 De c 0 7 De c 0 8 De c 0 9

($ Millions)

T o t a l De b t 103 85 68 50 33 15 De c 0 7 De c 0 8 De c 0 9
($ Millions)

T o t a l Eq u it y 1690 1610 1530 1440 1360 1280 De c 0 7 De c 0 8 De c 0 9

($ Millions)

T o t a l Co m m o n Sh a r e s Ou t s t a n d in g 194 155 116 78 39 0 De c 0 7 De c 0 8 De c 0 9

($ Millions)

Data Source: Reuters Fundamentals

YHGG

YASHENG GROUP
(PINK OTC MARKETS INC)

Annual Cash Flow Statement

Type of Update UPD
($ Millions)

UPD
($ Millions)

UPD 95
($ Millions)

T o t a l Ca s h fr o m Op e r a t in g Act iv it ie s 81 67 54 40 26 De c 0 7 De c 0 8 De c 0 9
($ Millions)

12Months 31 Dec 07

12Months 31 Dec 08

12Months 31 Dec 09

Net Income/Starting Line Depreciation/Depletion Amortization Deferred Taxes Non-Cash Items Cash Receipts Cash Payments Cash Taxes Paied Cash Interest Paid Changes in Working Capital Total Cash from Operating Activities Capital Expenditures Other Investing Cash Flow Items, Total Total Cash from Investing Activities Financing Cash Flow Items Total Cash Dividends Paid Insurance/Retirement of Stock, Net Insurance/Retirement of Debt, Net Total Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Depreciation, Supplemental Cash Interest Paid, Supplemental Cash Taxes Paid, Supplemental
Auditor Auditor Opinion Source Document

71.3 8.4 --2.4 --0.0 4.5 (0.8) 81.3 (157.9) 0.0 (157.9) ---(6.0) (6.0) 88.2 5.7 8.4 4.5 0.0
GHCP UNO 10-K

76.0 8.7 --(4.9) --0.0 3.8 (9.9) 69.9 (142.0) 0.0 (141.9) ---(30.6) (30.6) 88.0 (14.6) 8.7 3.8 0.0
GHCP UNO 10-K

79.1 8.8 --(25.3) --0.0 3.8 (22.9) 39.6 (17.6) 0.0 (17.6) ---(22.0) (22.0) 0.0 0.1 8.8 3.8 0.0
GHCP UNO 10-K

Ca p it a l Ex p e n d it u r e s 29 - 18 - 64 - 111 - 158 - 205 De c 0 7 De c 0 8 De c 0 9

($ Millions)

Is s u e o f De b t 2 -6 - 14 - 22 - 31 - 39 De c 0 7 De c 0 8 De c 0 9
($ Millions)

Ne t Ch a n ge in Ca s h 12 6 -1 -8 - 15 - 21 De c 0 7 De c 0 8 De c 0 9
($ Millions)

Data Source: Reuters Fundamentals

YHGG

YASHENG GROUP
(PINK OTC MARKETS INC)

Quarterly Income Statement

Type of Update UPD
($ Millions)

UPD
($ Millions)

UPD
($ Millions)

UPD
($ Millions)

UPD 283
($ Millions)

T o t a l Re v e n u e 254 226 197 168 140 De c 0 9 Ma r 1 0 Ju n 1 0 Se p 1 0 De c 1 0

($ Millions)

3Months 31 Dec 09

3Months 31 Mar 10

3Months 30 Jun 10

3Months 30 Sep 10

3Months 31 Dec 10

Total Revenue Cost of Revenue,Total Gross Profit Selling/General/Admin.Expenses Research & Development Depreciation/Amortization Interest Expense/Income Net Op. Unusual Income/Expense Other Operating Expenses,Total Total Operating Expense Operating Income Interest Expense/Income Net Non Op. Gain/(Loss) on Sale of Assets Other, Net Income Before Tax Income Tax - Total Income After Tax Minority Interest Equity In Affiliates U.S. GAAP Adjustment Net Income Before Extra. Items Accounting Change Discontinued Operations Extraodinary Item Tax on Extraordinary Items Net Income Preferred Dividends General Partner's Distributions Inc. Avail. to Common Excl. Extra. Items Inc. Avail. to Common Incl. Extra. Items Basic Weighted Average Shares Basic EPS Excl. Extra. Items Basic EPS Incl. Extra. Items Dilution Adjustment Diluted Net Income Diluted Weighted Average Shares Diluted EPS Excl. Extra. Items Diluted EPS Incl. Extra. Items Div's per Share - Common Stock Gross Dividends - Common Stock Interest Expense, Supplemental Interest Capitalized, Supplemental Depreciation, Supplemental Total Special Items Normalized Income Before Tax Effect of Special Items on Inc. Taxes Inc. Taxes Excl. Impact Special Items Normalized Income After Tax Normalized Income Available to Common Basic Normalized EPS Diluted Normalized EPS
Source Document Fiscal Period

199.8 180.2 19.6 1.1 -----181.3 18.5 --0.4 18.3 0.0 18.3 ---18.3 ----18.3 --18.3 18.3 155.1 0.118 0.118 -18.261 155.097 0.118 0.118 0.000 0.000 0.618 ---18.261 --18.261 18.261 0.118 0.118
10-K 4

168.3 149.9 18.4 1.1 -----151.0 17.3 --0.4 17.1 0.0 17.1 ---17.1 ----17.1 --17.1 17.1 155.1 0.111 0.111 -17.138 155.097 0.111 0.111 0.000 0.000 0.623 -2.171 -17.138 --17.138 17.138 0.111 0.111
10-Q 1

191.3 170.2 21.1 1.1 -----171.3 20.0 --0.4 19.8 0.0 19.8 ---19.8 ----19.8 --19.8 19.8 155.1 0.128 0.128 -19.820 155.097 0.128 0.128 0.000 0.000 0.600 -2.176 -19.820 --19.820 19.820 0.128 0.128
10-Q 2

235.6 201.8 33.8 1.4 -----203.2 32.4 --(0.2) 31.7 0.0 31.7 ---31.7 ----31.7 --31.7 31.7 155.1 0.204 0.204 -31.652 155.097 0.204 0.204 0.000 0.000 0.529 -2.271 -31.652 --31.652 31.652 0.204 0.204
10-Q 3

254.3 221.8 32.5 1.4 -----223.2 31.1 --0.1 30.6 0.0 30.6 ---30.6 ----30.6 --30.6 30.6 155.1 0.197 0.197 -30.576 155.097 0.197 0.197 0.000 0.000 0.602 -2.417 -30.576 --30.576 30.576 0.197 0.197
10-K 4

Gr o s s Pr o fit 39 34 29 24 18 13 De c 0 9 Ma r 1 0 Ju n 1 0 Se p 1 0 De c 1 0
($ Millions)

Op e r a t in g In co m e 37 32 27 22 17 12 De c 0 9 Ma r 1 0 Ju n 1 0 Se p 1 0 De c 1 0
($ Millions)

Ne t In co m e 3 6 .5 3 1 .7 2 6 .8 2 2 .0 1 7 .1 1 2 .3 De c 0 9 Ma r 1 0 Ju n 1 0 Se p 1 0 De c 1 0
($ Millions)

Dilu t e d No r m a liz e d EPS 0 .2 4 0 .2 0 .1 7 0 .1 4 0 .1 1 0 .0 8 De c 0 9 Ma r 1 0 Ju n 1 0 Se p 1 0 De c 1 0

($ Millions)

Data Source: Reuters Fundamentals

YHGG

YASHENG GROUP
(PINK OTC MARKETS INC)

Quarterly Balance Sheet

Type of Update UPD
($ Millions)

UPD
($ Millions)

UPD
($ Millions)

UPD
($ Millions)

UPD 1 1 .0
($ Millions)

Ca s h & Sh o r t T e r m In v e s t m e n t s 1 0 .1 9 .2 8 .4 7 .5 6 .6 De c 0 9 Ma r 1 0 Ju n 1 0 Se p 1 0 De c 1 0
($ Millions)

31 Dec 09

31 Mar 10

30 Jun 10

30 Sep 10

31 Dec 10

Cash Cash and Equivalents Short Term Investments Cash and Short Term Investments Accounts Receivable(Trade), Net Notes Receivable - Short Term Other Receivables Total Receivables, Net Total Inventory Prepaid Expenses Other Current Assets Total Current Assets Property/Plant/Equipment - Gross Accumulated Depreciation Property/Plant/Equip., Net Goodwill, Net Intangibles, Net Long Term Investments Note Receivable - Long Term Other Long Term Assets, Total Other Assets, Total Total Assets Accounts Payable Payable/Accrued Accrued Expenses Notes Payable/Short Term Debt Current Port. LT Debt/Capital Leases Other Current Liabilities, Total Total Current Liabilities Long Term Debt Capital Lease Obligations Total Long Term Debt Total Debt Deferred Income Tax Minority Interest Other Liabilities, Total Total Liabilities Redeemable Preferred Stock Preferred Stock(Non Redeemable), Net Common Stock Additional Paid-In Capital Retained Earnings/Accum. Deficit Treasury Stock - Common ESOP Debt Guarantee Unrealized Gain/Loss Other Equity, Total Total Equity Total Liability & Shareholders' Equity Total Common Shares Outstanding Total Preferred Stock Shares Outs.
Source Document Fiscal Period

-8.0 -8.0 71.2 --71.2 75.3 4.7 -159.2 463.4 (64.2) 399.2 -958.1 0.2 -232.7 -1,749.4 -55.0 1.1 19.6 9.8 1.2 86.7 3.2 -3.2 32.6 --51.6 141.6 --155.1 -1,212.3 ---240.4 1,607.8 1,749.4 155.1 -10-K 4

-7.5 -7.5 72.7 --72.7 75.0 4.5 -159.6 456.2 (65.7) 390.5 -975.2 0.2 -231.1 -1,756.6 -54.3 1.1 17.9 8.9 4.2 86.4 2.9 -2.9 29.8 --44.8 134.2 --155.1 -1,229.5 ---237.8 1,622.4 1,756.6 155.1 -10-Q 1

-7.7 -7.7 75.1 --75.1 82.7 4.5 -169.9 459.0 (55.7) 403.3 -969.7 0.2 -240.4 -1,783.5 -51.9 1.1 17.7 8.6 1.2 80.4 3.0 -3.0 29.3 --46.4 129.8 --155.1 -1,249.3 ---249.3 1,653.7 1,783.5 155.1 -10-Q 2

-10.0 -10.0 74.9 --74.9 92.3 4.5 -181.7 466.6 (59.9) 406.6 -979.8 0.2 -254.0 -1,822.2 -47.2 1.0 15.6 8.0 0.9 72.8 2.6 -2.6 26.2 --39.4 114.8 --155.1 -1,280.9 ---271.5 1,707.5 1,822.2 155.1 -10-Q 3

-10.1 -10.1 76.2 --76.2 103.6 4.5 -194.5 477.4 (66.4) 411.0 -985.0 0.2 -276.4 -1,867.1 -44.6 1.0 15.1 7.5 0.8 69.0 2.4 -2.4 25.1 --37.4 108.8 --155.1 -1,311.5 ---291.7 1,758.3 1,867.1 155.1 -10-K 4

T o t a l Cu r r e n t As s e t s 206 194 183 171 159 147 De c 0 9 Ma r 1 0 Ju n 1 0 Se p 1 0 De c 1 0

($ Millions)

T o t a l De b t 3 5 .1 3 2 .6 3 0 .1 2 7 .6 2 5 .1 2 2 .5 De c 0 9 Ma r 1 0 Ju n 1 0 Se p 1 0 De c 1 0
($ Millions)

T o t a l Eq u it y 1810 1760 1710 1660 1610 1560 De c 0 9 Ma r 1 0 Ju n 1 0 Se p 1 0 De c 1 0

($ Millions)

T o t a l Co m m o n Sh a r e s Ou t s t a n d in g 194 155 116 78 39 0 De c 0 9 Ma r 1 0 Ju n 1 0 Se p 1 0 De c 1 0

($ Millions)

Data Source: Reuters Fundamentals

10

YHGG

YASHENG GROUP
(PINK OTC MARKETS INC)

Quarterly Cash Flow Statement

Type of Update UPD
($ Millions)

UPD
($ Millions)

UPD
($ Millions)

UPD
($ Millions)

UPD 64
($ Millions)

T o t a l Op e r a t in g Act iv it ie s 51 38 26 13 0 De c 0 9 Ma r 1 0 Ju n 1 0 Se p 1 0 De c 1 0
($ Millions)

12Months 31 Dec 09

3Months 31 Mar 10

6Months 30 Jun 10

9Months 30 Sep 10

12Months 31 Dec 10

Net Income/Starting Line Depreciation/Depletion Amortization Deferred Taxes Non-Cash Items Cash Receipts Cash Payments Cash Taxes Paied Cash Interest Paid Changes in Working Capital Total Cash from Operating Activities Capital Expenditures Other Investing Cash Flow Items, Total Total Cash from Investing Activities Financing Cash Flow Items Total Cash Dividends Paid Insurance/Retirement of Stock, Net Insurance/Retirement of Debt, Net Total Cash from Financing Activities Foreign Exchange Effects Net Change in Cash Depreciation, Supplemental Cash Interest Paid, Supplemental Cash Taxes Paid, Supplemental
Source Document Fiscal Period

79.1 8.8 --(25.3) --0.0 3.8 (22.9) 39.6 (17.6) 0.0 (17.6) ---(22.0) -0.0 0.1 8.8 3.8 0.0
10-K 4

17.1 2.2 --(5.2) --0.0 0.6 (3.6) 10.5 (7.8) 0.0 (7.8) ---(3.2) -0.0 (0.5) 2.2 0.6 0.0
10-Q 1

37.0 4.3 --(5.3) --0.0 1.2 (13.9) 22.0 (19.0) 0.0 (19.0) ---(3.5) -0.1 (0.3) 4.3 1.2 0.0
10-Q 2

68.6 6.6 --(13.1) --0.0 1.8 (27.0) 35.1 (26.9) 0.0 (26.9) ---(7.0) -1.2 2.4 6.6 1.8 0.0
10-Q 3

99.2 9.0 --(15.9) --0.0 2.7 (41.2) 51.1 (42.1) 0.0 (42.1) ---(8.6) -1.7 2.1 9.0 2.7 0.0
10-K 4

Ca p it a l Ex p e n d it u r e s 4 -8 - 19 - 31 - 42 - 54 De c 0 9 Ma r 1 0 Ju n 1 0 Se p 1 0 De c 1 0
($ Millions)

Is s u e o f De b t 3 -3 -9 - 16 - 22 - 28 De c 0 9 Ma r 1 0 Ju n 1 0 Se p 1 0 De c 1 0
($ Millions)

Ne t Ch a n ge in Ca s h 3 .4 2 .4 1 .5 0 .5 - 0 .5 - 1 .5 De c 0 9 Ma r 1 0 Ju n 1 0 Se p 1 0 De c 1 0
($ Millions)

Data Source: Reuters Fundamentals

11

YHGG

YASHENG GROUP
(PINK OTC MARKETS INC)

Further Information
Internet Information Home Page: News Releases: Investor Relations: Financial Information: Corporate History/Profile: Executives: Products/Services: Officers Chang Sheng Zhou Mei Ping Wu Hai Yun Zhuang Dengfu Wang Xitian Wang Shurong He Lefu Wei Shengniu Yang Tingwu Wei Baoquan Yang Xinmin Zhang Darong Liu Anxue Wang Chairman of the Board, Chief Executive Officer President, Director Chief Financial Officer, Director Director Director Director Director Director Independent Director Independent Director Independent Director Independent Director Independent Director http://www.yashenggroup.com/ http://www.yashenggroup.com/news.htm http://www.yashenggroup.com/Introduction.htm http://www.yashenggroup.com/Financial.htm http://www.yashenggroup.com/about.htm http://www.yashenggroup.com/Management.htm http://www.yashenggroup.com/Products.htm

Yasheng Group Group Headquarters: 805 Veterans Blvd, Suite 228, Redwood City, CA 94063, United States,

Unless otherwise stated, this Report and its contents are Thomson Reuters 2011. All rights reserved (including without limitation copyright and rights in databases). Republication or redistribution of Thomson Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. 'Thomson Reuters' and the Thomson Reuters logo are registered trademarks and trademarks of Thomson Reuters and its affiliated companies. This Report is provided solely for information and Thomson Reuters hereby grants to the recipient a personal, read-only license for such purpose. Any other use of this Report and of its contents is expressly prohibited. This Report is not an invitation or inducement to engage in investment activity, nor is it an offer to buy or sell securities, and does not constitute tax, investment or other advice. Neither this Report nor the information contained in it should be relied upon. Reuters does not aim to provide advice which is appropriate to the individual circumstances of the private investor. Use of this Report is not a substitute for obtaining proper investment advice from an authorized investment professional. While the information contained herein has been obtained from sources deemed reliable, neither Reuters nor any party through whom the reader obtains this Report guarantees that it is accurate or complete or makes any warranty or representation with regard to the results obtained from its use. In addition, the information contained in this Report may become inaccurate as a result of the passage of time and should therefore be read for historical information only. Potential investors are urged to consult their own authorized investment professional before entering into an investment agreement. Reuters makes no warranty or representation that this Report or its contents are current or that they have been updated based on changes in the economic market or other factors. In particular, but without limiting the preceding sentence, statements of fact or opinion made by Reuters in this Report may not be up-to-date and may not represent the current opinion of Reuters.

Data Source: Reuters Fundamentals

12

March 2011 OTCQB: YHGG XETRA: YSF.DE

Safe Harbor Statement

Any statements in this summary about YaSheng Groups expectations, beliefs, plans, objectives, assumptions or future events or performance are not historical facts and are forwardlooking statements for purposes of the Private Securities Litigation Reform Act of 1995 (the Act). These statements are often, but not always, made through the use of words or phrases such as believe, will, expect, anticipate, estimate, intend, plan, forecast, could, and would. YHGG bases these forwardlooking statements on current expectations about future events. They involve known and unknown risks, uncertainties and assumptions that may cause actual results, levels of activity, performance or achievements to differ materially from those expressed or implied by any forward looking statement. Some of the risks, uncertainties and assumptions that could cause actual results to differ materially from estimates or projections in the forwardlooking statement include, but are not limited to, the risk that we might not achieve our anticipated development milestones, the market for our products will not grow as expected, and the risk that our products will not achieve expectations. For additional information about risks and uncertainties YHGG faces, see documents YHGG files with the SEC. YHGG claims the protection of the safe harbor for forwardlooking statements under the Act and each assume no obligation and expressly disclaim any duty to update any forwardlooking statement to reflect events or circumstances after the date of this presentation or to reflect the occurrence of subsequent events.

Company Overview
LARGEST AGRICULTURE COMPANY IN NORTHWEST CHINA Operated through 7 whollyowned subsidiaries Agro Bases Nationwide distribution covering 18 provinces and over 100 cities 30year history PRODUCTS: Large portfolio of premium specialty agriculture products MISSION: Feed China and the world in a natural, sustainable and harmonious way LEADERSHIP: Contributed to industrialization and transformation of Chinas traditional agricultural sector into modern operations Investment in R&Dbased agricultural innovation Premium on quality control and food safety Hightech agricultural technology (drip irrigation for water efficiency, pesticide reduction) LOCATION: Headquartered in Lanzhou, China; executive offices in Redwood City, CA Over 15,000 employees Established in 2004 by GanSu Yasheng Salt Industrial Group
3

Market Data at a Glance

YHGG(OTCQB) (asof12/31/10) Price SharesOutstanding MarketCap Cash TotalAssets LTDebt Revenue NetIncome EPS FY2011RevenueGuidance FYE:December31 $2.74 155.1M $425M $10.1M $1.87B $2.4M $849.5M $99.2M $0.64 $976M

Investment Highlights
Profitable Business Model with Strong Track Record 30 years of successful operations in Northwest China Agricultural leader in China: Over 30 major products History of strong sales and earnings growth Assets Highly qualified management team, experienced workforce Over 250,000 acres of land, beneficial climatic/soil conditions Ongoing R&D investment in advanced technologies Diverse portfolio of awardwinning premium specialty agriculture products Large Market Opportunity & Favorable Environment Strong product demand driven by Chinas GDP and population growth and limited arable land Favorable government policies (taxfree agro sector) Longterm highgrowth domestic and global market opportunity Growth Plan Capitalize on longstanding market leadership in Chinese agricultural industry ExpandintoglobalmarketthroughorganicgrowthandM&Awhilekeepingupwithexpanding domesticdemands AccesstoglobalcapitalmarketthroughduallistingofU.S.andDeutsche Brse exchange
5

Market Trends Domestic

Growthindomestic consumerdemandfor
Safe,highqualityfoods Organicallnaturalfoods Proteinbasedfoods (meats,milk) Convenience,specialty processedfoods Highendluxuryfoods

Growthin commoditymarket
Demandforwholesomefoods, whichdrivesneedfororganic fertilizersandhealthy processingpractices

drives

Demandformeatsanddairy, whichincreasesneedforanimal feeds Urbanizationreduceslandfor cultivationdrivingneedfor fertilizersandefficientfarming techniques

Market Trend Global

Risingdemandforfoodandagrocommoditiespresentsgloballongterm growthopportunity. Yasheng expandingtomeetthisdemand.
WorldPopulationGrowthForecast (Billion)
10.0

Agroproductpricesstillnearalltimerecords.
9.5

Agrodemandforecasttoincrease:
Expectedworldpopulationgrowth Worldwiderobusteconomicgrowth Increasingpercapitaincomedrivingtrendtowards morediverse,highercaloriediets(withfruits, vegetablesandmeat)awayfromstaplediets Impactofdevelopingworldsincreasinglydiversediet onglobalagrodemandcompoundedbyrapid populationgrowththere(nearlydoubletherateof developedcountries)
Source:Economicresearchservice,USDA

14% / 10 years
8.0 6.8 6.0 6.0 5.2 4.4 4.0 3.0 3.6 7.6

8.9 8.3

2.0
1959 1969 1979 1989 1999 2009 2019 2029 2039 2049

Source: USCensusBureau

Less Arable Land for Cultivation

3.5Bacresarablelandin2005 Worldwideaveragelossof24.7Macresp.a. Factors:Urbanization,soiloveruse/ degradation,climateshifts,costofland Landallocatedtogrowthofbiomassfor biofuel production

Arablelandacreagepercapita
0.60 0.50 0.40 0.30 0.50 0.42 0.35 0.30 0.25

YASHENG: VastlandresourcesinNorthwestChina Strategicgeologicallocationwith favorablenaturalconditions

0.20 0.10 2009 2019 2029 2039 2049 Source:UnitedNations

7 Large-scale Agro Production Bases

Focusonagriculture,biotech,andchemicalindustrieswithoriginallyover126 operatingdivisionsandR&Dcapabilities Overpast30yearstransformedfamilyplotstylefarmintoindustrialagro operationswithinfrastructuretosupportlongtermgrowth

Jinta Lanzhou Headquarters Jiuquan Xiaheqing Tiaoshan

Gansu Province
9

Major Products in 8 Segments

FieldCrops: Vegetables: Fruits: SpecialtyCrops: Seeds: Husbandry: AgroProducts: BioFriendly: Cotton,Soybean,Alfalfa,Barley,Wheat Onions,Potatoes,Beets,Peas/Corn FujiApples,ChinesePears,Apricots Hops,ChineseWolfberry,Cumin,FlaxSeeds BlackMelon,Sunflower,Corn Poultry,Eggs Fertilizers,AnimalFeed BioEnergy,Biomaterials

Revenues by crop type (2010)

fieldcrops22.2% vegetables11.8% fruits36.5% specialtycrops16.9% seeds7.4% poultryandothers5.2%
10

Sales into Various Markets

StrategicCommodities InstitutionalContractGrowing ConsumerDirectWholesaleMarkets Domestic&ExportFoodDistribution AnimalHusbandry AgroBusiness Medical&Biotech AlternativeEnergyProducts

11

Competitive Advantage Land

Yahengs AgroBasesstrategicallyplacedingeologicallocationswith naturalenvironmentalbenefits:
Longsunnydayswithshortnightsduringgrowingseasonsproducelargeryieldsthenother areasinChina Veryhotdays/verycoldnightsallowagroproductsamoresugarwithrichflavor Dryairwithlimitedhumidityreducesthreatfrompests,leadingtolowerpesticideneeds Veryaeratedsoilanditschemicalbalanceprovidefavorableconditionsforgrowingwithout heavyuseofartificialfertilizers Landisabundantandmanufacturingindustryislowreducingexposuretopollution MajorityofAgroBasesarefedbytheglacierwatersfromtheQilianMountainsandthe upperreachesoftheYellowRiver,whichareverycleancomparedtootherpartsofChina andtheworld

12

Advanced R&D Capabilities

MaintainsstrongR&Drelationships/capabilitiesinagroindustry R&Dinvestmenttodevelophybridstrains(higheryields,drought,pest,&diseaseresistance Focusonbiononfoodfeedstocks &biomasswaste(alternativeenergyproduction) AssociationwithGanSuYasheng Groupprovidesstrategicadvantagesintrainingandresearch ResearchresultsofYasheng GroupScienceAcademys appliedincompanysoperations

GanSu Yashengs AGROR&DPark

Hightechagroparkfullyoperationalafter strategicinvestmentssince2000 FocusonhightechagroR&Dinbio engineering,soillessculture,propagation, othermodernindustrialagrotechniques Hightechagroadvantagesresultedfrom intellectualadvancementsbyYasheng AcademyofScience

Yasheng GroupScienceAcademy
PostDoctoralDegreeCenter BiologyResearchInstitute TransGeneticResearchInstitute ChineseMedicineResearchInstitute InformationTechnologyResearchInstitute NewBiologyMaterialResearchInstitute
13

Operational Excellence Example

WATERCONSERVATIONSOLUTIONS
CompanywideModernDripIrrigationTechnologyProjects Thetechnologycontrolsbothbiochemicalandphysical indicesforcropandflowergrowthandallowprecise adjustmentofwater,fertilizerandinsecticideusage Itmoderatestheextremecoolingeffectssometimes producedbyfloodtypeirrigation Introducedthemostadvancedwaterefficientdrip irrigationtechniquesfromIsraeltoensureefficientwater useonlargescaleintensiveagriculturalprojectsinthe fertile,butwaterscarceHexi Corridor Over20yearsofindustrialagroexperienceturningharsh landsintomajorfoodbaseoasis

14

Institutional Contract Growing

Contractgrowingforinstitutionalfoodandbeveragecontractors Establishedlongtermrelationshipswithinstitutionsandlargefoodandbeverage processorstogrowproductsthatmeettheirneedsandstandards YashengGroupworkscloselywithprocessorstoestablishdemandsandassure qualityforconsistencyandlongtermmarketstability LongtermhopssupplierforBeijingYanjing Group,TsingtaoBreweryGroup,Beijing Huarun SnowflakeGroup,ShanghaiYingbo Group,HarbinBeer,HenanJinxing,and ChongqingBeer PotatosuppliertoYUMBrands(KFC)&McDonald LiquoricesrootbasesuppliertoTraditionalChineseMedicinemarket Blackmelon,sunflowerseeds,NationalChineseWolfberry Awardwinningfruitsandvegetables

15

Sales & Marketing

Extensivedomesticsalesanddistribution networkin18provinces: Directclients(30) Distributors(200),70%ofsales
GlobalMarketPresence2010

Diversecustomerbase(foodprocessors, supermarketsandwholesalestores) Stablelongtermgroupofdistributorsselling productsnationallyandinternationally Longtermcontracts Cooperativerelationships PreferredSupplierinthestrategiccommodities distributionnetwork Exportqualificationandlicense Lowcustomerconcentration

16

Recognition for Quality & Leadership

IndustrialandTechnologyAwards: ChinaAAAImageEnterprise NationalKeyHiTechEnterprise LeadingEnterpriseforNationalAgriculture Industrialization OrganicFoodcertificationformanyproductsbythe NationalOrganicFoodDevelopmentCenter Tiaoshan Fruitsnationalandprovincialawards GreenFoodrecognitionbyChinaNationalGreen FoodDevelopmentCenter PremiumonQuality NationalmodelasAAAgreenfoodbase Modelforsustainablepollutionfreefarm ISO9000,ISO14000InternationalQualityrecognition HACCP(HazardAnalysis&CriticalControlPoint) standardfoodprocessing

17

Growth Plan: Market Focus & Product Innovation

Maintainandexpandexistingdomesticmarketpositioninpremium productswithfocusoncustomersatisfaction ContinuestrategicconsolidationandsegmentationofYashengproducts emphasisonhighmarginandhighgrowthproductsegments ContinuetoincreasebrandawarenessforYasheng Products Expandproductlinewithnewbyproductsbyutilizingmoderndeep processingfoodtechnologymeetingtheincreaseddomesticdemandfor qualityproducts Developbyproducts;fruitandvegetableconcentrates,foodextracts, nutritionalbeverages,edibleandbiooils,organicandenvironmentally friendlyproducts,frozenandfreshvegetableswithuniformpackaging

18

Growth Plan: Expand Know How

Continuetoacquireanddevelopnewhybridstrainsforagro productsthatimprovequality,yield,andoverallcultivationmethods Expandcultivationareabyusingmorehightechirrigationsystems andothermodernagriculturetechniques Expandseedingandpropagationtechnologiestoconsistentlysupply growers Expandanimalhusbandrydivision,agriculturechemicals,fertilizers, animalfeed,andenvironmentalproductsegment Continuetoimplementthevisionasleadingcompanyinsustainable agriculturalpractices Implementbusinessplansforthedevelopmentofbiofriendly products(bioplastics,biomassmoldingtechniques,biofuels etc.)

19

Growth Plan: Diversify Market

Expanddomesticandinternationalbusinessdevelopmentandsales departmentstoenternewmarkets Strategicproductdevelopmenttomeetdemandsofspecializedmarkets (institutions,organicnichemarkets,andretailvolumeoutlets) Continuetoestablishlongtermrelationshipswithindustrialscaleagro contractingtofoodandbeverageprocessorsanddistributors Strengthenglobalanddomesticlogisticsanddistributionnetwork Internalandexternalacquisitionsthatbringaddedvalueintechnology, management,productioncapabilities,andopenupnewmarketsand distributionpoints

20

Competitive Advantages
Scaleadvantageoverlocalcompetitors:Largestcompetitorinfragmenteddomesticmarket Morediversifiedproducts Economiesofscalethroughhigherproductioncapacity,greaterresources, Successfullysetupmodernagriculturaloperatingmodel(furtheradvancedthanothersin China)regardingpolicyarrangements,institutionaldesign,coverage,cooperationwith farmsetc. Longtermestablishedrelationshipsonlocal,regionalandnationallevel:Honoredasatop industrialcompanyinChina Contractswithmajorinstitutions:Designatednationalstrategicsupplierofcommodities LowerlaborandrawmaterialscostthanelsewhereinChinaorworld Significantbarrierstoentry:Overpast30yearsacquiredvastlandresources,leasesand landuserights;builtrelationshipswithlocalandprovincialgovernmentagenciesandland tenants

21

2008 to 2010 Quarterly Comparison

Q1 2008
NetSales GrossProfit Netincome EPS NetMargin TotalAssets TotalLiabilities ShareholderEquity BookValue 161.81 18.98 17.96 0.12 11.1% 1670.46 239.22 1431.24 $9.23

(unaudited)

Q2 2010
168.32 18.44 17.14 0.11 10.2% 1756.55 131.16 1622.40 $10.46

Q3 2010
191.29 21.12 19.82 0.13 10.4% 1783.50 129.81 1653.69 $10.66

2009
168.08 18.41 17.11 0.11 10.2% 1730.62 186.52 1544.10 $9.96

2008
191.17 19.79 18.26 0.12 9.6% 1715.25 232.39 1482.86 $9.56

2009
190.12 20.99 19.69 0.13 10.4% 1732.76 168.07 1564.69 $10.09

2008
181.99 25.33 24.06 0.16 13.2% 1723.99 208.19 1515.80 $9.77

2009
181.59 25.25 24.01 0.15 13.2% 1733.78 144.42 1589.36 $10.25

2010
235.59 33.79 31.65 0.20 13.4% 1822.25 114.75 1707.50 $11.01

InUS$Million(exceptEPS). EPScalculationdoesnotincludeForeignExchangegainandlosses.

22

Consolidated Balance Sheet

Year Ended December 31, 2010 2009 2008 Current liabilities: Accounts payable and accrued expenses Short term loans VAT Tax payable Current portion of long term debt Other current liabilities Total current liabilities Long term debt Long term payable Total liabilities Stockholders equity: Common stock, US$1.00 par value 800,000,000 shares authorized 155,097,355 shares issued and outstanding Accumulated other comprehensive income Retained earnings Total stockholders equity Total liabilities & stockholders' equity Year Ended December 31, 44,593,435 15,099,582 988,429 7,518,868 801,140 69,001,454 2,441,364 37,359,986 108,802,804 55,031,294 19,606,983 1,142,638 9,796,158 1,170,455 86,747,529 3,220,335 51,643,382 141,611,245 65,925,273 25,761,947 1,205,555 25,228,661 1,365,609 119,487,044 3,579,453 77,168,451 200,234,948

ASSETS Current assets: Cash and cash equivalents Accounts receivable, net Inventories Prepaid and other current assets Total current assets Equity and other investments Property, plant and equipment, net Construction in progress Intangible assets, net Other long term assets Total assets

849,454,265 10,116,750 76,240,589 103,588,885 4,538,059 194,484,282 193,974 404,385,526 6,664,773 985,004,893 276,361,639 1,867,095,086

739,630,043 8,010,017 71,216,566 75,332,668 4,673,279 159,232,530 190,402 393,776,831 5,446,595 958,065,063 232,711,379 1,749,422,800

736,213,299 7,880,338 64,616,646 70,357,148 4,762,327 147,616,459 190,509 403,954,071 5,823,620 945,931,378 224,002,445 1,727,518,481

155,097,355 291,678,383 1,311,516,545 1,758,292,283 1,867,095,086

155,097,355 240,383,631 1,212,330,569 1,607,811,555 1,749,422,800

155,097,355 238,919,350 1,133,266,828 1,527,283,533 1,727,518,481

23

Experienced Management Team

Mr. Zhou Changsheng, Chairman & CEO
Founder and Chairman of Yasheng Group, Mr. Zhou leads the overall operation and management of the Company. He is also a standing council member of International Hops Grower Association and holds many other positions in industrial and agricultural trade associations. From May 1987 to May 1997, Mr. Zhou served as Chairman of Gansu Yasheng Salt Industry (Group) Co., Ltd. Subsequently, he served as Chairman of the Board of Gansu Yasheng Industrial (Group) Co., Ltd. from June 1997 to May 2006. Mr. Zhou holds a Ph.D. in Business Administration. Mr. Zhou, a Senior Economist, have over 40-year experience in several fields: agriculture, chemicals, biotechnology, management, and finance.

Ms. Wu Meiping, President

Ms. Wu is President of YaSheng Group and sits on the Board of Directors. She is also holds an honorary PhD in Architecture and a master of Business Administration. Ms. Wu practiced architecture for many years and designed dozens of significant buildings throughout Northwestern China. She is an accomplished and published artist. Ms. Wu works for YaSheng Group for over seven years and has been an active business leader in the bay area of California for eight years. She has accumulated extensive experience in operation and management. Ms. Wu is also Honorary Principal of Silk Road Fine Art Research Institution.

Mr. Zhuang Haiyun, CFO

Mr. Zhuang has served as both the Chief Financial Officer and Director of the Company since March 2007. Between February 2005 and May 2006, Mr. Zhuang was the Chief Financial Officer of Gansu Salt Industrial Group. From December 2003 to March 2007, he served as the Chief Financial Officer of Yasheng Group. Mr. Zhuang was the General Accountant of Gansu Salt Industrial Group from June 1998 to November 2003. Mr. Zhuang holds a bachelor degree in Accounting. Mr. Zhuang, a Senior Accountant, has over 15-year experience in business administration and finance of agriculture industry.

24

Independent Board Directors

Mr. Wei Tingwu
Since March 2009 Mr. Wei has served as General Manager and Engineering Technical Director for Lanzhou Jiaoda Engineering Consulting Co., Ltd., where he has overseen the development and construction of many large projects throughout China. Previously, from 1997 to 2009, he was Technical Director with Jiuquan City Project Construction Inspection Center. He is a Senior Engineer with over 20 years of experience in engineering supervision and administrative management. Mr. Wei is currently both an independent director of the Board and a member of the Audit Committee.

Mr. Yang Baoquan

From 2001 to 2010, Mr. Yang was the Chief Technology Officer for the Jiuquan Botanical Garden. From 1987 to 1999, he served as an engineer and subsequently Technical Director for the Jiuquan City Forestry Bureau. Mr. Yang is a Senior Engineer with over 20 years of experience in the fields of ecological protection and administrative management. He is currently both Chairman of the Compensation Committee and a member of Corporate Governance and Nominating Committee. He received a Bachelors Degree from Gansu Agriculture University, majoring in Forestry and Ecological Protection.

Mr. Zhang Xinmin

Mr. Zhang is a licensed attorney and certified public accountant in China. For the past five years Mr. Zhang has worked at the Jiuquan Yangguan Law Firm as a senior attorney and simultaneously with the Jiuquan Hongzheng Accounting Firm as a certified public accountant. He has acted as counsel on numerous substantial corporate transactions and is expert in the area of internal control and financial audit. He has been practicing law for over 12 years and holds a L.L.B degree. Mr. Zhang is currently an independent director of the Board. He also serves as both Chairman of the Audit Committee and a member of Corporate Governance and Nominating Committee.

Mr. Liu Darong

From 1995 to present, Mr. Liu has served as Chairman and legal representative with Akesai County Granite Stone Material Factory in China. During this period, Mr. Liu took a leading role in stone material program with many large projects, including Mo Gao Grotto at Dunhuang. From 1988 to 1994, he was Vice Major with Gansu Qingshui County. He brings over 20 years of experience in project and administrative management. Mr. Liu is currently an independent director of the Board. He also serves as both Chairman of the Corporate Governance and Nominating Committee and a member of the Compensation Committee.

Mr. Wang Anxue

From 2000 to 2010, Mr. Wang has served as a Senior Engineer with the Suzhou Municipal Water Affairs Bureau in China, in charge of water resources engineering survey and design. During the period, he won a Second Prize in Science and Technology Progress at Gansu Province level. Previously, from 1986 to 2000, Mr. Wang served as the Corp Secretary for Jiuquan Dayu Co., Ltd., a listed company in China. Mr. Wang is a Senior Engineer. He holds a Bachelors Degree in Engineering. Mr. Wang has over 25 years experience in survey and administrative management. Mr. Wang currently is an independent director and he also serves as both a member of the Compensation Committee and a member of the Audit Committee.

25

Investment Recap
PROFITABLE BUSINESS MODEL WITH STRONG TRACK RECORD 30 years of successful operations in North West China Agricultural leader in China: Over 30 major products History of strong sales and earnings growth ASSETS Highly qualified management team, experienced workforce Over 250,000 acres of land, beneficial climatic/soil conditions Ongoing R&D investment in advanced technologies Diverse portfolio of awardwinning premium specialty agriculture products

LARGE MARKET OPPORTUNITY & FAVORABLE ENVIRONMENT Strong product demand driven by Chinas GPD and population growth and limited arable land Favorable government policies (taxfree ag sector) Longterm highgrowth domestic and global market opportunity GROWTH PLAN Capitalize on longstanding market leadership in Chinese agricultural industry Expansion into global market through organic growth and M&A while keeping up with expanding domestic demands Access to global capital market through duallisting of U.S. and Deutsche Brse exchange

26

Contact
YASHENGGROUP
805VeteransBoulevard RedwoodCity,CA94063 www.yashenggroup.com

INVESTORRELATIONS
Makovsky +Co. GeneMarbach,(212)5089645 gmarbach@makovsky.com DanielaViola,(212)5089676 dviola@makovsky.com

LEGALCOUNSEL
StevenM.Kaplan,Esq. ROSENFELD&KAPLAN,LLP 535FifthAvenueSuite1006 NewYork,NewYork10017

INDEPENDENTAUDITOR
GansuHongxin CPA 12ndFloor,Xingzhong Mansion 20Gaolan Avenue Lanzhou,China730030

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Facts on Chinas Agro Sector

Chinahas6%oftheWorldsarablelandand22%ofglobalpopulation RisingfoodpricesandagopolicyhasbecomeamajorconcernofthePRC PRCGovernmentPolicydirectivesimplementedtogrowandprotectdomestic agroindustrylongterm 12th 5YearPlanforAgricultureEconomicDevelopment(20112015): PRCBeneficialPoliciesforkeyhightechagricultureindustries IncomeTaxFreetoagrobusinessandpreferentiallandpolicy Favorablepoliciestowardsecofriendlyagroproductsandenergy

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