Yonge Major Growth Plans for 2010 (YONG)

Posted in pre-market 
December 8th, 2009

Yongye International, Inc. (NASDAQ: YONG) closed at $8.67 Monday and at 8:22 AM EST we have shares trading up 7.8% at $9.35 on 37,200 shares.  The company, a developer and manufacturer and distributor of Shengmingsu brand plant and animal nutrient products in China announced expansion of production and brand-stores: 1) expects to increase its annual production capacity to 30,000 tons of Shengmingsu branded plant nutrient product from its current level of 10,000 tons per year; 2) expansion of the retail branded store network and year-end 2010 goal of more than 20,000 independent stores will be part of the network… up from approximately 7,000 at the end of the third quarter of 2009.

JON C. OGG

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