DGAP-News

Yasheng Group Announces Asset Swap for Premium Value Crops - Seite 2

Agro-Industrial and Commerce Group Co., Ltd.

SUMMARY COMPARISONS

as of DECEMBER 31, 2014

/T/

Our Existing Balance Sheet Our Pro-Forma Balance Sheet after the
Swap

Total Equity & Liabilities:
$2,480,030,368 $2,454,376,988

Our Existing Statement of Operations Our Pro-Forma Statement of Operation
for Year Ended December 2014 after the Swap for Year Ended
December 2014

Net Income: $138,935,086 $224,992,008 Pro Forma as if swap in
effect for year ended December 2014

Our Existing Net Income Per Share: $1.45 Pro Forma net income per share
$0.90 based on shares outstanding as if swap in effect for year ended
per 2014 10-K December 2014, based on shares
outstanding per 2014 10-K

/T/

Chairman Ye Dong commenting on the swap said, 'The new crops
being swapped in will enable Yasheng to conduct high-efficiency
agricultural operations in Southeast China. The new crops which
we will be growing are all of premium value, and as a result
should position Yasheng for future profitable growth.'

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 such as
expectations of future growth and profits. 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. All information concerning the swap
transaction are summaries of the more complete disclosures in the
Information Statement referenced above and are qualified by the
Information Statement.



Yasheng Group
650-363-8345
[e-mail]
www.yashenggroup.com

News Source: Marketwire



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Language: English
Company: Yasheng Group


United States


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402227 13.10.2015