Company:  YASHENG GROUP (HERB)
Form Type:  10-K
Filing Date:  3/31/2014 
CIK:  0001123312 
Address:  805 VETERANS BLVD., SUITE 228 
City, State, Zip:  REDWOOD CITY, California 94063 
Telephone:  650-363-8345 
Fiscal Year:  12/31 
Last Trade
Last Trade: 
$0.22  
Change: 
0.00 (0.00%)  
Trade Time: 
Nov 17  
Market Cap: 
$34.58M
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Description of Business
Our principal shareholders holding 90.17% of our voting power have taken action by consent without a meeting approving the swap of all of the agricultural management rights of our wholly-owned subsidiary, Gansu Asia-America Trade Co., Ltd. ("GAAT") in return for the long-term lease management rights to the agricultural properties of our sister company, Gansu Yasheng Agro-Industrial and Commerce Group Co., Ltd. ("GY"). The swap was implemented pursuant to a Swap Agreement between GAAT and GY. Under the terms of the Swap Agreement, GAAT has transferred to GY its right to manage and operate seven companies which have the agricultural management rights, and GAAT received the agricultural long-term lease management rights held by GY referred to as the "Swap".
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  FORM 10-K
    PART II
      ITEM 9A(T) CONTROLS AND PROCEDURES ...
      ITEM 9B. OTHER INFORMATION ...
    PART III
      ITEM 11. EXECUTIVE COMPENSATION ...
      SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
      ITEM 12. AND RELATED STOCKHOLDER MATTERS ...
      ITEM 14. PRINCIPAL ACCOUNTANT FEES AND SERVICES ...
    PART IV
    PART II
      ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES ...
    SIGNATURES ...
    PART I
      ITEM 1 - BUSINESS
      ITEM 1A - RISK FACTORS
      ITEM 1B - UNRESOLVED STAFF COMMENTS
      ITEM 2 - PROPERTIES
      ITEM 3 - LEGAL PROCEEDINGS
    PART II
      ITEM 7 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL ...
        Liquidity and Capital Resources
      ITEM 7A - QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT ...
      ITEM 8 - FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
      ITEM 9 - CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ...
    PART III
      ITEM 10 - DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
        NAME AND TITLE
        COMPENSATION TABLE
        BENEFICIAL OWNERS
      ITEM 13 - CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, ...
    PART IV
      ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES
    EXHIBIT INDEX
    Report of Independent Registered Public Accounting Firm
    BALANCE SHEET
    INCOME STATEMENT
    STOCKHOLDERS EQUITY
    CASH FLOW
    Notes to Consolidated Financial Statement
  EXHIBIT 31.1
    OFFICER'S CERTIFICATE
  EXHIBIT 31.2
    OFFICER'S CERTIFICATE
  EXHIBIT 31.1
    CERTIFICATION PURSUANT TO
  EXHIBIT 31.2
    CERTIFICATION PURSUANT TO