SOURCE: Yasheng Group

March 13, 2007 08:00 ET

Yasheng Group Continues Expansion Focus With Executive Delegation to the U.S.

REDWOOD CITY, CA -- (MARKET WIRE) -- March 13, 2007 -- Yasheng Group (PINKSHEETS: YHGG) makes progress towards their strategic structuring efforts, continuing transformation into a stronger global company. Yasheng's U.S. operations have focused on several projects and developments over the past year as directed by the executive management in China. Logistics, expanding production, preparation for the U.S. capital markets, and expanded management all will strengthen the company's long term ambitions to become a global leader.

The Yasheng Southern California Logistics Center in the last year has completed about 50% of the permitting processes with expected construction by Fall of this year (See previous P.R. Link). The County of San Bernardino is working closely with Yasheng Group to assist in achieving these target dates.

The company has now taken the steps to establish the key factors to enable operations to expand in the U.S. A team of Executive Management from Lanzhou will tour the U.S. before summer 2007 to accelerate development and direction with several important decisions and directives being finalized. This will initiate year 4 of the 5 & 10 year plan allowing the company to move forward more efficiently.

The executive team from China will also complete their 9-month feasibility review of a new project for the U. S. operations in California. The project involves a high tech manufacturing park that will establish a network of bilateral business relationships between U.S. & Chinese companies manufacturing in the U.S. Yasheng is expected to lead the way in several areas: Alternative Energy, High Tech Textiles, Food Stuff as well as administer the Park. Establishing strategic partnerships and expanding manufacturing units in the U.S. will bring diverse access to international markets. Executive Management is expected to finalize the approvals before summer 2007 during this trip.

During this trip, Yasheng's management will continue their diligence in preparation of becoming a U.S. Listed company. Other objectives are to finalize the strategic structuring and compliance issues and continue our efforts for published PCAOB audited financials. The U.S. operations have expanded their offices and taken on many new qualified personnel to achieve these goals and is expected to expand Yasheng's western executive management this year. Executive Management in China has been in preparation for the U.S. trip for over 12 months and intends to continue to implement their decisions.

About YaSheng Group:

The YaSheng Group (PINKSHEETS: YHGG) is a diversified industrial conglomerate incorporated in Redwood City, California, and operates in hi-tech agriculture, salt chemistry and biological technology as its core business with advantages in rich land, mineral resources, capital and technology reserves.

Through three major industries, Agriculture, Chemical, and Biotechnology, the company's operating categories include: chemical engineering, agricultural production, biotech, pharmaceuticals, textile products, printing and dyeing, commercial trading, beverages and inorganic salt manufacturing. With total assets of approximately $1.5 billion USD and over 15,000 employees, YaSheng Group has 155,097,355 shares issued and outstanding as of December 1, 2004.

Further information concerning YaSheng Group can be found on the corporate website:

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.

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