SOURCE: Yasheng Group

July 19, 2005 07:00 ET

YaSheng Group's Vinylon Division to Increase Production Due to Export Demands

REDWOOD CITY, CA -- (MARKET WIRE) -- July 19, 2005 -- The YaSheng Group (OTC: YHGG) is introducing new product lines for the Group's growing Vinylon Division, one of YaSheng's core business divisions. The large scale ISO 9002 certified Vinylon manufacturer is the largest of its kind in the North West region and enjoys a leading position of its fabrics market. Due to new International regulations implemented by the WTO earlier this year, export quotas have been lifted resulting in a sharp increase of sales for the Vinylon division.

Over the past several years, products from the Vinylon Group were all allocated towards the export market due to higher profit margins. The increase in production will result in additional product lines and higher output catered for the International Markets. Products from the Vinylon Group include: low-elastic polyester, a water-soluble industrial insulating fiber, and a comprehensive line of Vinylon fibers.

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:

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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