Yasheng Group Launches Angel Star Infant Formula Product Line
17 Aprile 2013 - 2:00PM
Marketwired
Yasheng Group (OTCQB: HERB), a diversified China-based agricultural
conglomerate with US headquarters in California, today announced
that it has successfully completed the first shipment of its new
Angel Star infant and toddler formulas from the United States to
China.
The Angel Star product launch is part of Yasheng Group's
strategy of sourcing high-quality food and agriculture products
from the US for sale in China. The company sells its products
through an extensive nationwide sales and distribution network
covering 18 provinces and over 110 cities with approximately 215
distributors and 30 direct clients.
Angel Star formulas are created with milk and other main
ingredients sourced from US suppliers under USDA and FDA
inspections. All facilities that produce, process and package Angel
Star products conform to USDA and FDA inspection and license
requirements.
According to a study by Euromonitor International, China
represents approximately 23% of the $41 billion global market for
baby food.
Yasheng Group
Yasheng Group, founded over 30 years ago, is a US 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 led by a highly qualified
management team and has total assets of approximately $2 billion,
over 15,000 employees, and a history of strong sales and earnings
growth. Please visit our website www.yashenggroup.com and register
to receive future press releases directly.
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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