Yasheng Group Retains Makovsky + Company for Strategic Communications and Investor Relations Support
Oct. 4, 2010 (Marketwire) --
REDWOOD CITY, CA -- (Marketwire) -- 10/04/10 -- Yasheng Group (OTCQB: YHGG), a high-growth diversified China-based agricultural company with US headquarters in California, today announced that it has retained Makovsky + Company, a leading global, independent public relations, investor relations and branding firm headquartered in New York City, for the development of a strategic communications and investor relations program.
Chairman Zhou Changsheng said, "Makovsky's experience with emerging growth companies was a deciding factor in our selection of the firm. Over the past few decades Yasheng has become a leader in the agricultural sector in China. Due to increasing demand for our products, both domestic and international, combined with technological advances, we foresee continued growth for our company. As we enter this next stage of expansion, it is imperative for us to have an experienced strategic and investor communications partner in place. Makovsky will help guide our communications strategy and generate increased investor awareness for us among key audiences in the United States."
Yasheng Group
Yasheng Group (OTCQB: YHGG) (www.yashenggroup.com), founded over 30 years ago, is a U.S. holding company that conducts primarily agricultural operations in the Northwest of China. Today it is one of China's leading producers and marketers with six major product segments including field crops, vegetables, fruit, specialty crops, hops, hemp, seeds, beef and poultry. Yasheng is a supplier of high-quality agricultural products to world-famous conglomerates such as McDonald's, KFC, Tsingtao Beer, and Pepsi. The company is lead by a highly qualified management team and it has total assets of approximately $1.7 billion, over 15,000 employees, and a history of strong record of sales and earnings growth.
Makovsky + Company
Founded in 1979, Makovsky + Company (www.makovsky.com) is one of the nation's leading independent global public relations, investor relations and branding consultancies, focused in financial services, professional services, health care, technology, energy and branding and interactive. The firm attributes its success to its original vision: that the Power of Specialized Thinking™ is the best way to build reputation, sales and fair valuation for a client. Based in New York City, the firm has agency partners in more than 25 countries and in 35 U.S. cities through IPREX (www.IPREX.com), the second largest worldwide public relations agency partnership, of which Makovsky is a founder.
Safe Harbor Statement
Except for the historical information contained herein, certain matters discussed in this press release are forward-looking statements which involve risks and uncertainties. These forward-looking statements are based on expectations and assumptions as of the date of this press release and are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties are discussed in the Company's various filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements.
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Daniela Viola
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Source: Marketwire (October 4, 2010 - 8:00 AM EDT)
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