SOURCE: Yasheng Group

April 11, 2006 08:00 ET

YaSheng Group Receives Wide Support for Development of the California Asian Pacific Logistics Center

REDWOOD CITY, CA -- (MARKET WIRE) -- April 11, 2006 -- The YaSheng Group (OTC: YHGG) makes progress in the development of the company's Asian Pacific Logistics Center in Southern California. Over the past year the company has received the support from the San Bernardino County Board of Supervisors and Economic Development Department as well as the People's Republic of China's Commercial Department in Los Angeles. All agencies bring beneficial support in seeing this project achieve success. In addition, the company has completed 80% of the environmental endangered species study with the final survey to finish this spring.

The Project is located in San Bernardino County and was started in March of 2004 with the purchase of land which covers an area of 81 acres. The company will build an automated high-tech logistics facility to support YaSheng's goal to expand and improve global logistics. This will also serve as a new business channel for Chinese/U.S companies that seek logistics services and support. The facility will function as a cargo transportation and storage warehouse hub near the Los Angeles/Long Beach ports and Southern California Logistics Airport This will give the company immediate access to modern systems for logistics in Rail, Air, and Seaport needs to strategically access North America and for North American trade back into China.

Receiving support from the San Bernardino Board of Supervisors and Economic Development Department is very good news for YaSheng. The Company gave an overall presentation of the goals of the project to the county officials, which was well received. The San Bernardino County has written a letter of support and plans to set up an internal team to assist YaSheng in expediting the bureaucratic process. County leaders will also play a roll in developing the project to become a success for the local community.

In coordination with the San Bernardino County officials YaSheng Group has received support from the People's Republic of China's Commercial Department in Los Angeles. This department is responsible in overseeing overseas investments from companies like YaSheng. The commercial department feels this project is very good for both China and the U.S. as it opens up a modern channel of logistics for trade. They have also written a letter of support endorsing this project and see it a key to trade between both countries.

The Environmental Endangered Species study is near to completion. Last fall the company completed 80% of the study without any endangered species issues and will finalize the study this spring. Once complete the company will be able to begin the other studies as required by the county planning department. The endangered species study is important because of the impact it will have on the timing of the project and remains the most difficult issue before construction can begin.

Once the environmental study is out of the way the company can move forward with the applications for permitting and construction. With the support of both the U.S. local officials and PRC Commercial Department the company is expecting to see the project move forward and prepare for construction by year end 2006 and into spring of 2007. The company feels focusing on logistics within is an opportunity in itself for profit margins and restructuring for the global marketplace. The Logistics Center is one project of a larger project to innovate the entire company's logistics to leading standards.

About YaSheng Group:

The YaSheng Group (OTC: YHGG) is a diversified industrial conglomerate incorporated in Redwood City, California, 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.

Contact Information

    YaSheng Group
    Investor Relations:
    Tel: 650-363-8345
    E-Mail: Email Contact