Published: July 14, 2005
YaSheng Group Expands Hops Production Facilities
The YaSheng Group (OTC: YHGG) is expanding
its Hops production facilities to support export sales and growing interest
from international breweries. The Group has adopted a state of the art
extraction production by the critical Co2 extraction method which results
in a new high end product line creating new market opportunities.
With the largest Hops production and processing base in China, YaSheng's
Hops achieved an international top grade as determined by experts of the
industry. The new extraction technology is expected to strengthen YaSheng's
leadership position. The production expansion also includes the completion
of an additional 12,300 Acres Hops growing base.
The ISO9002 certified facility has imported the new extraction equipment
from Germany, Switzerland and England. This production upgrade is also
utilized in YaSheng's pharmaceutical division in the production of
pharmaceuticals and as a food additive as it offers rich tropolone content.
The YaSheng Group remains the top supplier of quality Hops to the Chinese
beer industry, the largest growing segment in the world. With long term
supply contracts to the largest domestic breweries, the group has also
received growing interest from foreign breweries.
The YaSheng Group will host the 50th International Hop Grower's Congress in
LanZhou China on July 25-31, 2005.
About YaSheng Group:
The YaSheng Group (OTC: YHGG) is a diversified industrial conglomerate
incorporated in Redwood City, California, operates in hi-tech agriculture,
salt chemistry and biological technology as its core business with
advantages in rich land, mineral resources, capital and technology
reserves.
Through its 136 subsidiaries, the company's operating categories include:
chemical engineering, agricultural production, biotech, pharmaceuticals,
textile products, printing and dyeing, commercial trading, beverages and
inorganic salt manufacturing. With total assets of approximately $1.5
billion USD and over 15,000 employees, YaSheng Group has 155,097,355 shares
issued and outstanding as of December 1, 2004.
Further information concerning YaSheng Group can be found on the corporate
website-www.yashenggroup.com.
Forward-Looking Statements:
Certain statements contained in this press release are forward-looking
statements that involve risks and uncertainties. The statements contained
herein that are not purely historical are forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as amended and
Section 21E of the Securities Exchange Act of 1934, as amended.
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