REDWOOD CITY, CA--(Marketwired - Apr 17, 2013) - Yasheng Group (
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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