YaSheng Group (HERB)

[aandt]

Since you are Chinese, you can probably do some of your own digging for more info.

What really matters here is the connection to the Gansu Provincial government. If you look at the filings, 83% of HERB is owned/controlled by Gansu Yasheng Salt Chemical Industrial Group. Salt Chemical is a subsidiary of Gansu Agricultural Reclamation Group, here is a Chinese article that details the history- https://www.csfmall.cn/brand/show.php?itemid=694. You can do your own research on Salt Chemical and the Gansu government connections.

The company has several things going on, the financials are good, profitable, etc. But there are assets and value currently off balance sheet after the 2015 asset swap that should eventually be resolved. That's what most here are really holding on for, and what RD is seeing as future value. They have tried a few different corporate exercises to distribute value and perhaps execute an exit, but they have not been able to get past FINRA roadblocks. It has been a long wait, but I still believe some form of resolution is coming.