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Yongye International Receives ‘The Best Business Model’ Award

December 2, 2009
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BEIJING, Dec. 2 /PRNewswire-Asia-FirstCall/ — Yongye International, Inc.
(Nasdaq: YONG), (“Yongye or “the Company”) a leading manufacturer, developer
and distributor of Shengmingsu brand plant and animal nutrient products in the
People’s Republic of China
(PRC), today announced that the Company’s business
model, along with Yongye Group’s other operations, was recognized as one of
top ten in China, by Business Forum 2009 China – The Best Business Model
Summit (the “2009 China Summit”), a consortium of business media organizations,
academic institutions, and finance firms. Mr. Zishen Wu, Chairman of Yongye
International, attended the awards ceremony on November 21, 2009.

The award consortium was composed of a group of top tier academic
institutions, including Cheung Kong Graduate School of Business, Peking
University International Graduate School of Management; finance firms,
including Goldman Sachs, UBS, IDG, Merrill Lynch, Sequoia Capital, A.T.
Kearney
and Booz Allen Hamilton; and media outlets, including Business, a
major Chinese business journal. Due to its achievements in establishing
effective marketing channels in rural markets for its Shengmingsu branded
plant and animal nutrients products, Yongye was recognized among other winners
by the 2009 China Summit.

“We are truly honored to receive recognition for our unique business model
and outstanding integrated marketing campaign in rural China,” commented Mr.
Wu. “We look forward to continuing to enhance our operations and efficiency to
better serve farmers and further increase our brand recognition throughout
China.”

About Yongye International, Inc.

Yongye International, Inc., headquartered in Beijing, is engaged in the
development, distribution and sales of Shengmingsu brand plant and animal
nutrient products. The Company’s patented and patent pending formulas and
proprietary extraction processes allow it to create products that increase
crop yields and improve the health of livestock. Its sole operating subsidiary,
Inner Mongolia Yongye Nongfeng Biotechnology Co., Ltd., is headquartered in
Beijing with administrative and sales offices located in Inner Mongolia,
People’s Republic of China. For more information, please visit the Company’s
website at http://www.yongyeintl.com .

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

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

SOURCE Yongye International, Inc.


Source: newswire