YaSheng Group Releases First Quarter 2008 Financial Results

REDWOOD CITY, CA–(EMWNews – August 18, 2008) – YaSheng Group (PINKSHEETS: YHGG) published

today its first quarter 2008 financial statements.

For the first quarter ending March 31, 2008, the company’s operating

revenues rose to $161,971,265 and net earnings per share was $0.09 per

share.

Full details of the financial results for the period ending March 31, 2008

can be viewed on the Internet at:

http://pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=15849

About YaSheng Group:

YaSheng Group (PINKSHEETS: YHGG) is a highly successful diversified

conglomerate incorporated in Redwood City, California. The company’s

interests span the Agricultural, Chemical and Biotechnical sectors with

core operations in agricultural production, commercial trading, printing

and dyeing, and pharmaceuticals. YaSheng is also a leading producer of

textiles, consumer beverages and inorganic salts.

Through three major industries, Agriculture, Chemical, and Biotechnology,

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. As of December 1, 2007, YaSheng Group has 155,097,355

shares issued and outstanding.

Further information concerning YaSheng Group can be found on the corporate

website: http://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.