But why would they spend money on a press release and lawyer fees? Not to dump stock, if they believe it could potentially be worth $11.
It's more likely this is an exercise. Nevertheless, I think they picked the right company. Were it not that the parent owns 90%, so that's probably why it's just an exercise.
It's also possible that Yasheng wants to give up control. Since they can't get anything done properly (in the US) by themselves.