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Yasheng ECO-Trade Corporation Enters Negotiations with IFD Kapital Group in Russia

BEVERLY HILLS, Calif. - (BUSINESS WIRE) - Yasheng ECO-Trade Corporation (OTCBB:YASH) has entered negotiations with Management Consulting Company to explore further expansion and acquisitions for Yasheng Russia, a Yasheng Eco-Trade Corporation joint venture. Management Consulting Company is a division of IFD Kapital Group in Russia.

Yasheng ECO-Trade Chairman Greg Rubin stated, "We are excited about the possibility of making strategic moves that will help the company achieve its vision. In addition, the relationship we are establishing with one of Russia's premier financial services firm may be important as the company moves to expand into the region."

About IFD Kapital Group

IFD Kapital is one of the largest financial groups in Russia with US$4.9 Billion in total assets and US$2 billion in total equity. IFD Kapital has more than 7,000 employees. IFD Kapital offers a comprehensive range of insurance products, full-service banking and investment banking services, including trust management services and corporate and individual pension plan management. Member companies of the Group have a track record of more than 10 years of operations in the Russian market and are among the largest players in the market. The reliability and stability of these companies is reflected by the high ratings awarded by international and Russian rating agencies and leading professional associations. IFD Kapital companies operate in over 30 Russian regions, as well as in the CIS and Europe.

About Yasheng ECO-Trade Corporation (OTCBB:YASH)

The Company's business has been the identification and acquisition of undervalued assets within emerging industries for the purpose of consolidation and development of these businesses and sale if favorable market conditions exist. The Company's objective is to find, acquire and develop resources at the lowest cost possible and recycle its cash flows into new projects yielding the highest returns with controlled risk. The Company's competencies include financial services, mergers and acquisitions, accounting, real estate development and natural resources exploration. The Company is currently in the process of developing a logistics center. As part of its strategy to develop a logistics center, the Company has entered a term sheet with Yasheng Group in which Yasheng Group, among other things, has agreed to contribute real property for the development of a logistics center. Further, the Company and Yasheng Group have jointly entered into a cooperation agreement with Legend Transportation based in Texas.

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.

Yasheng ECO-Trade Corporation
Rosemarie Clamor, 310-461-3559
Investor Relations