Navigation Links
Yongye Biotechnology Appoints New Chief Financial Officer
Date:4/1/2009

BEIJING, April 1 /PRNewswire-Asia-FirstCall/ -- Yongye Biotechnology International, Inc. (OTC Bulletin Board: YGYB) ("Yongye" or the "Company"), a leading distributor of nutrients for plants and animals, located in the People's Republic of China, today announced that it named Mr. Sam Yu to be the Company's new chief financial officer effective March 25, 2009. Mr. Yu replaces Larry Gilmore, who served as the Company's principal financial officer. Mr. Gilmore will continue working at Yongye as the vice president of corporate strategy and will remain the Company's primary investor relations contact.

Mr. Yu will be responsible for the Company's financial planning, control and reporting activities. Prior to joining Yongye, he provided consulting services to assist Chinese companies in listing on the Nasdaq Stock Market. Prior to that, he served as Chief Operating Officer of Lionax International Investment Holding Ltd, where he was responsible for developing the company's business strategy and oversaw manufacturing, finance and other key operations. He also assisted the company with its listing on the Euronext Stock Exchange. Earlier in his career, Mr. Yu served as General Manager and Manager of Financial Analysis at Underwriters Laboratories in its Asia Pacific business division and Chicago global headquarters. Mr. Yu holds an MBA from Stanford University and a bachelor of economics degree in international accounting from the University of International Business and Economics in Beijing. He is fluent in both Mandarin and English.

"I am excited to join a dynamic and growing company such as Yongye," commented Mr. Yu. "I look forward to applying my experience in accounting, finance, and the capital markets to my new position as CFO, and working with an already impressive management team."

"Mr. Yu's knowledge of accounting, finance and the capital markets will enhance our finance and accounting functions and make him a valuable addition to our team," commented Mr. Zishen Wu, Chief Executive Officer of Yongye. "In addition, his corporate strategy expertise provides even more depth to our management team, and will play a vital role as we continue implementing our growth strategy."

About Yongye Biotechnology International, Inc.

Yongye Biotechnology International, Inc., headquartered in Beijing, is engaged in the distribution and sales of fulvic acid based nutrients for plants and animals. The Company's patent pending processes and proprietary formulas allow it to create products that increase crop yields and improve the health of livestock. Its sole operating subsidiary, Yongye Nongfeng Biotechnology Company, Ltd., is located in Inner Mongolia, People's Republic of China. The Company sells its products through distributors and directly to farmers located in ten provinces throughout China.

Safe Harbor Statement

This press release contains certain statements that may include "forward-looking statements." All statements other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the risk factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on the SEC's website ( http://www.sec.gov ). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these risk factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

    For more information, please contact:

    Yongye Biotechnology International, Inc.
     Mr. Larry Gilmore-VP of Corporate Strategy
     Tel:   +86-10-8232-8866 x8880
     Email: larry.gilmore@gmail.com

    CCG Investor Relations, Inc.
     Mr. Crocker Coulson, President
     Tel:   +1-646-213-1915 (New York)
     Email: crocker.coulson@ccgir.com
     Web:  http://www.ccgirasia.com

'/>"/>
SOURCE Yongye Biotechnology International, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Related biology technology :

1. Yongye Biotechnology Announces Preliminary Results for Fiscal Year 2008
2. Yongye Biotechnology to Host Virtual Retail Road Show to Provide Overview of the Company in English and Mandarin
3. Yongye Biotechnology International to Expand its Network of Branded Stores
4. Yongye Biotechnology to Present at Roth Conference
5. Yongye Biotechnology Announces Record Third Quarter Results
6. Yongye Biotechnology to Present at Roth Capital China Comes to Vegas Conference
7. Letter to Shareholders from the CEO and Chairman of the Board of Yongye Biotechnology, Inc.
8. Yongye Biotechnology International Raises $9.4 Million in Private Placement
9. Yongye Biotechnology International Announces Second Quarter Results
10. Yongye Biotechnology International Announces Conference Call to Discuss Second Quarter 2008 Results
11. Yongye Biotechnology International Retains CCG Investor Relations
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/27/2016)... 27, 2016  Sequenom, Inc. (NASDAQ: SQNM ... lives through the development of innovative products and services, ... the United States denied its petition to ... of Sequenom,s U.S. Patent No. 6,258,540 (",540 Patent") are ... by the Supreme Court,s Mayo Collaborative Services v. Prometheus ...
(Date:6/27/2016)... Raleigh, NC (PRWEB) , ... June 27, 2016 ... ... a mission to bring innovative medical technologies, services and solutions to the healthcare ... development and implementation of various distribution, manufacturing, sales and marketing strategies that are ...
(Date:6/27/2016)... BOSTON , June 27, 2016   Ginkgo ... biology to industrial engineering, was today awarded as ... a selection of the world,s most innovative companies. ... at scale for the real world in the ... organism engineers work directly with customers including Fortune ...
(Date:6/24/2016)... , ... June 24, 2016 , ... While the majority ... as the Cary 5000 and the 6000i models are higher end machines that use ... height of the spectrophotometer’s light beam from the bottom of the cuvette holder. ...
Breaking Biology Technology:
(Date:4/28/2016)... 28, 2016 First quarter 2016:   ... compared with the first quarter of 2015 The gross ... M (loss: 18.8) and the operating margin was 40% (-13) ... Cash flow from operations was SEK 249.9 M (21.2) , ... is unchanged, SEK 7,000-8,500 M. The operating margin for ...
(Date:4/15/2016)... 2016  A new partnership announced today will ... decisions in a fraction of the time it ... high-value life insurance policies to consumers without requiring ... Force Diagnostics, rapid testing (A1C, Cotinine and HIV) ... pressure, weight, pulse, BMI, and activity data) available ...
(Date:3/31/2016)... 2016   LegacyXChange, ... "Company") LegacyXChange is excited to release its ... to be launched online site for trading 100% guaranteed ... will also provide potential shareholders a sense of the ... an industry that is notorious for fraud. The video ...
Breaking Biology News(10 mins):