Replies to post #1176 on YaSheng Group (HERB)

[RealDutch]

The parent who owns 90% of HERB also owns 100% of GY. Otherwise they wouldn't call it a sister company.

The parent decides what happens to GY. And they want HERB to have the assets that generate cash flow because they want HERB to grow internationally.

For GY not much changes except who they work for. Previously they worked for parent and now they work for HERB (which is also 90% owned by the same parent).

It's just a bunch of accountants that have to get to work now.