SOURCE: The YaSheng Group

November 28, 2005 14:00 ET

YaSheng Group (YHGG) Announces Update to Shareholders on Stock Restructure, Industrial Output, and Harvest

REDWOOD CITY, CA -- (MARKET WIRE) -- November 28, 2005 -- The YaSheng Group (OTC: YHGG) announces that discussions with foreign investors have begun on the transfer of YaSheng Groups state owned interest. YaSheng is in negotiations with two international companies that are considering an investment of up to US $150 Million to establish a joint venture or sole proprietorship allowing flexibility for accelerated expansion.

Total Industrial Output has increased by 9% compared to 2004. Plans for the construction of the Human Lysozyme Plant are being finalized and this project is expected to lead a solid foundation for the Industrial Development of 2006.

YaSheng is also pleased to announce a plentiful harvest in #4, #5 high tech transgenic cotton; 20% over normal. Hops Yield also increased 8.3% compared to last harvest with a beneficial increase of 1.2% in a-acid content. Winter preparation for seeding & expanding the use of high tech irrigation systems throughout our fields is processing ahead of schedule allowing for expansion of acreage & overall yields.

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 its 136 subsidiaries, the company 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: http://www.yashenggroup.com

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