CEO Shulin Liu's exemplary character counts!
It's impossible to NOT understand YSYB if you READ these posts & 2007-2012 filings.
Looking for a one word answer on YSYB? ( '"YYYEEEEEEESSSSSS'"!!!!!!!!!!!! )
YSYB CEO Shulin Liu is now 54. Just imagine yourself being as accomplished!
CHARACTER COUNTS HEAVILY when the history of behavior is exemplary!
LAST DECADE WITNESSED 'Great Recession' BATTLE-TESTED PERFORMANCE.
RECOVERY HAPPENS!
We refuse to believe ( compliance delay ) is anything except 'Great Recession' lingering market hardships, as seen in Hog & Soybean commodity prices.
RECOVERY HAPPENS FOR RAPID EXPAAANSION GROWTH CONGLOMERATES!
In China, you MUST expand & grow very fast for market positioning, or you get run over; & YSYB is excelling magnificently, but needs to stabilize new growth expaaansions with better commodity prices. Hogs & Soybean Meal will jump in 2018, much sooner than predicted in 2020 for sure.
WHY?
( Global 'Climate Change' UNNATURAL disasters have already caused a construction & employment boom now that will really take off in 2018! )
All those WORLDWIDE Hurricanes, Earthquakes, Floods, Tornadoes, Fires, Severe Droughts, Mudslides, Sinkholes; & more importantly air pollution, ground-water pollution, soil pollution, & OCEAN POLLUTION effecting fisheries depletion with all the added micro-plastics pollution will somehow be addressed with MANY GREENER SOLUTIONS. This will powerfully drive ORGANICS & NON-GMO healthier products to boom even more. It's obvious YSYB's stunningly rapid expaaansion growth will definitely soar higher.
There is NO China CPC or Martian planet space-aliens conspiracy to withhold compliance. It's all about YSYB's newly RAPID expaaansion growth being able to find support from commodity prices to sustain performance expectations.
FACT: RECOVERY HAPPENS MY FRIENDS!
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Note difference in 2007 & 2012 ~ 10K's. Shulin Liu is VERY driven to succeed!
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12/31/2012 ~ 10K:
Shulin Liu, is founder, Chairman and Chief Executive Officer of Yanglin. Mr. Liu is involved in Yanglin’s overall management and is responsible for establishing strategic directions. From 2002 to present, Mr. Liu has been the Chief Executive Officer, Chairman and Director of Yanglin when its name was changed. From 2001 to 2002, he jointly established Jixian County Golden Land Oil Company Limited (predecessor to Yanglin) with Ms. Huanqin Ding and Mr. Shulin Liu and had been the Chief Executive Officer, Chairman and a Director. From 1996-2000, he was manager of Jinxian County Longfu Food & Oil Trade Co. Ltd., Xiwang Feed Company, Jixian County Tianlin Food & Oil Co. Ltd in Jixian County. From 1992 to 1996, Mr. Liu was appointed General Manager of Jixian Construction Material Food and Oil Trading Company. Prior to that, from 1983-1992, Mr. Liu assumed the positions of supervisor at the Shuangyashan Jixian County Land Authority, supervisor of the Minerals Resources Management Station, and manager of Labor Service Company of Land Bureau of Jixian County. From 1980 to 1983, Mr. Liu worked as a government officer in Shuangyashan Jixian County, Fuli Town. Mr. Liu holds a Master degree in Enterprise Management from Heilongjiang University."
PAGE 6, 12/31/2012 ~10K:
"We are a leading non-genetically modified (non-GM) soybean processor in the PRC. We currently manufacture soybean oil in bulk and soybean meal, which are sold throughout PRC to our customers directly or through distributors. Most of our customers (approximately 80%) are located in Northern PRC.
The manufacturing process includes sifting, crushing, heating and pressing soybeans, extracting and separating oil from crushed soybeans, cleansing, hydrating and packaging of oil as well as drying and packaging soybean meal. Our main products include Grade IV soybean oil, salad oil, squeezed oil, soybean meal, and concentrated soy protein. We broadened our product line to include value-added products such as squeezed oil, low temperature soybean meal and concentrated soy protein, and we plan to produce powdered soy oil, textured protein and defatted soybean powder. Production of squeezed oil has already begun. We are producing concentrated soy protein in small quantities of commercial grade product to customers in order to solicit feedback, so we can adjust the specifications of the product to satisfy the specific needs of the customers. Powdered soybean oil is still in trial production phase and we are now adjusting the formula and techniques according to customer requirements and feedback. Defatted soy powder and textured protein may be launched at a later date, depending on trends in the market and the specific product economics."
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BROADENED PRODUCT LINE FOR ENHANCED VALUE COMPANION PRODUCTS => MISSION ACCOMPLISHED! ( See newly discovered YSYB Harbin office products. )
NEXT SURPRISE: THIRTY (30) MILLION PIG BREEDING WITH FOUR PLUS YUUUGE FARMS!!!!
New acquisitions never stop amazing in China, as 7% GROWTH is very - very phenomenal.
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12/31/2007 ~ 10K:
"Shulin Liu, is founder, Chairman and Chief Executive Officer of Yanglin. Mr. Liu is involved in Yanglin’s overall management and is responsible for establishing strategic directions. Prior to establishing Yanglin, between 1980 and 1983, Mr. Liu worked as a government officer in Shuangyashan Jixian County, Fuli Town. Subsequently, Mr. Liu assumed the positions of supervisor at the Shuangyashan Jixian County Land Authority, supervisor of the Minerals Resources Management Station, and manager of Labor Service Company of Land Bureau of Jixian County from 1983-992. Between 1992 and 1996, Mr. Liu was appointed General Manger of Jixian Construction Material Food and Oil Trading Company. From 1996-2000, he was manager of Jinxian County Longfu Food & Oil Trade Co. Ltd., Xiwang Feed Company, Jixian County Tianlin Food & Oil Co. Ltd in Jixian County. In 2001, he jointly established Jixian County Golden Land Oil Company Limited with Ms. Huanqin Ding and Mr. Shulin Liu and has been the Chief Executive Officer, Chairman and a director since. Mr. Liu holds a Master degree in Enterprise Management from Heilongjiang University."
PAGE 29, 12/31/2007 ~ 10K:
"Our goal is to become the champion in the non-GM soybean industry of China, and we are fully confident that we can surely accomplish it in the near future. We are now considering future expansion and acquisition plan, with the intention to significantly increase our processing capacity. The plan is now still in preliminary stage, but this will nevertheless be a vital step in achieving our objective. On the other side, we are also making great efforts to improve and strengthen our management and internal control system. We have engaged Ernst & Young as consultant on our Sarbanes-Oxley compliance project, and Ernst & Young’s project team has started to review our internal control. We believe that we can complete the project successfully by the end of 2008, providing ourselves with a great opportunity to reinforce our capability to protect the interests of the company and the shareholders and improve management effectiveness and efficiency."
PAGE 37, 12/31/2007 ~ 10K:
"Liquidity and Capital Resources
Generally, we finance our business with cash flow from operations and short-term bank loans and we use shareholders’ equity investment and retained earnings to meet capital expenditures.
Working capital mainly consists of raw materials purchases, salaries, production overhead (auxiliary materials, utilities, etc.) and finance expenses. Raw materials (soybean) purchases constitute the majority of our working capital.
Because we usually pay cash to our suppliers upon purchase of soybeans, there is a greater than normal need for cash around harvest season. Our pattern of operations is as follows: (i) we will keep a large cash reserve by early October, which is harvest time, and take short-term loans from banks at that time (ii) we will build up a substantial inventory of soybeans so that for the period till the end of the year and for the following half year, we will have sufficient raw materials to maintain smooth operations and convert finished products to cash, and (iii) we will repay the short-term loans that we had taken by the end of June or July the following year. "
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End quote.
Conglomerate YSYB IS ROCKETING! > >> >>> >>>> >>>>>
