Go to its website, click on Husbandry:
Through YHGG parent GanSu Yasheng Group the company operates large scale facilities and Ranches for breeding and raising Cows, Swine, Sheep, and Goats. The products are sold to local and high end markets in China as high quality products. Many of the facilities are located in a natural environment and open ranges for organic grazing.
The company raises 2 major varieties of laying hens, “Hailan and Haisai”. The egg produces a golden-skin. The products are sold fresh throughout the province. Poultry meats are also processed and the company has an internal breeding center.
Yahoo! Profile excerpt:
is also involved in animal husbandry activities, as well as provides animal food products consisting of chicken and eggs. The companys chicken operations include breeding and raising chickens, as well as processing live chickens into fresh, frozen, and value-added chicken products.
COMPARE to 10-K for inconsistencies.
Does the SEC know about the fraud?
I think the idea began in China before YHGG (HERB) listed,
and their motive was to raise capital from gullible Americans.
The swindlers now including U.S. con-artists likely were surprised when
the Manipulators acted in the way they did but decided to continue anyway.
Their main mistake was overplaying with Arizona mining
and global farming which aroused my suspicions.
Sentiment: Strong Sell
doesn't show either Hailan or Haisai possibly because they're relatively unknown.
My Web Search also produced no specific result, but there's plenty of info about egg-laying hens!
So HERB claims to have sold wholesale more than $19 million in brown eggs
without mentioning having sold any chicken too. Do the "employees" eat the chickens
which stop laying? Was the chicken #$%$ used internally as organic fertilizer?
Our net sales for the year ended December 31, 2013 was $1,011 million. Our gross profit for the year ended December 31, 2013 was $143 million. Earnings per share for the year end December 31, 2013 were $0.88 per share.
Our primary product offering includes over 30 agriculture products under the following six areas.
Field Crops: Cotton, Corn, Barley, Wheat, Flaxseed, Alfalfa
Vegetables: Onion, Potato, Beet, Pea
Fruit: Apple, Pear, Apricot
Specialty Crops: Hops, Wolfberry, Cumin, Hemp, Liquorices Root
Seeds: Black Melon Seeds, Sunflower Seeds, Corn Seed, Flax Seed
We generated approximately 22.7% of our revenues from field crop based products, 14.9% from vegetable based products, 30.1% from fruits, 21.1% from specialty crops, 11.2% from seeds, and 1.9% from poultry products and the residual from other production during the year ended December 31, 2013.
Jiuquan is in the northwesternmost part of Gansu province. The entire "prefecture-level city" (that is, a multi-county administrative unit - an equivalent to the traditional Chinese prefecture) stretches for more than 600 km (370 mi) from east to west, occupying 191,342 km2 (73,878 sq mi); its population as of 2002 was 962,000.
Jingtai Tiaoshan Poultry Cultivation Co., Ltd was founded in 1985 and currently owns 8 egg hen houses and 5 nurturing houses. The company is mainly engaged in laying hens rising, feed processing and sales, domestic animal anti-epidemic service and high-tech development, and grain and oil processing and sales. There are 2 major varieties, Hailan and Haisai. Both produce brown eggs also known as red-skin eggs.
Jiuquan Hongjian Agricultural Trading Co., Ltd. Founded on August 1999, the company is located in Xiaheqing District, Jiuquan City with 18,500 mu in land including 17,500 mu of arable land. It is mainly engaged in the development and sales of agricultural and subsidiary products including poultry cultivation for the sale of eggs. Based on our good credit and excellent services, the company has established long-term cooperation relationship with many enterprises.
The 10-K for 2011 description:
Yasheng Group in US, owns 81 acres in the city’s Southern California Logistics Airport of land at U.S. Highway 395 and California 58 at Kramer Junction
I deduce that HERB acquired this desert land in 2011 because it's not mentioned in the 2010 10-K.
Thus the Company has held this barren parcel for about 3 years so far. To what purpose?
Kramer Junction (also known as "Four Corners") is an unincorporated community in San Bernardino County, California. Kramer Junction is located in the Mojave Desert at the intersection of U.S. Route 395 and State Route 58, 2.3 miles (3.7 km) east of Kramer. As of the 2000 census, Kramer Junction had a total population of 2,231.
Solar Energy Generating Systems sites SEGS III-VII are located less than a mile to the northwest.
According to data collected by the PRC National Commercial Information Center, or CIC, an entity affiliated with the PRC General Chamber of Commerce responsible for collecting retail sales data, the top ten brands accounted for 83% of total infant formulas sold in China in calendar year 2013.
from Synutra (SYUT) 10K
The infant formula industry in China is highly competitive. We generally compete with both multinational and domestic infant formula producers. Competitive factors include brand recognition, distribution network, quality, advertising, formulation, packaging and price. Many of our competitors have significant market shares in the markets we compete in. Our principal competitors can be classified generally into the following two groups:
Abbot Laboratories’ Ross Products Division, a U.S. producer and distributor of infant formulas marketed under the brand names of Similac and Enfalac family of formulas;
Mead Johnson Nutrition Co., or Mead Johnson, formerly a Bristol-Myers Squibb Company Division, a U.S. producer and distributor of the Enfamil family of formulas;
Groupe Danone SA’s Numico division, or Numico, a Dutch producer of baby foods, which sells and markets infant formula products in China under the Dumex brand;
Nestlé Suisse SA, or Nestlé, a Swiss producer and distributor of starter and follow-up formulas, milk, cereals, oral supplements and performance foods marketed under Nestlé brands such as Carnation;
Royal FrieslandCampina N.V., a Netherland dairy company of the Friso family of formulas.
Biostime International Holdings Limited, or Biostime, a PRC producer of infant formula products and baby care products under their Biostime and BMcare brand;
Inner Mongolia Yili Industrial Group Co., Ltd., or Yili, a PRC producer and distributor of liquid and powdered milk under their Yili brand;
Beingmate Group Company Limited, or Beingmate, a PRC producer and distributor of infant formula products under their Beingmate brand;
Guangdong Yashili Group Co., Ltd., or Yashili, a PRC consumer brand marketer which sells a line of infant formula products under their Yashili brand; and
Feihe International, Inc., a PRC producer and distrib
is a major city in eastern Shandong Province, Eastern China. According to the 2010 census, the city's seven urban districts has 4.53 million inhabitants. Qing means "green" or "lush", while dǎo means "island".
Qingdao is a major seaport, naval base, and industrial centre. The world's longest sea bridge, the Jiaozhou Bay Bridge, links the main urban area of Qingdao with Huangdao district, straddling the Jiaozhou Bay sea areas. It is also the site of the Tsingtao Brewery, the second largest brewery in China.
In 2007, Qingdao was named China's top ten cities by Chinese Cities Brand Value Report, which was released at 2007 Beijing Summit of China Cities Forum. In 2009, Qingdao was named China's most livable city by the Chinese Institute of City Competitiveness.
Gansu Baiyin Agriculture and Reclamation Company – Cement Factory. The factory’s (formerly the state-owned Tiaoshan Farm Cement Plant) main products include the "Tiger-Hunting Mountain" brand class 42.5 and class 32.5 R level ordinary Portland cement, with an annual capacity of 67,000 tons. The class 32.5 R level ordinary Portland cement has passed the ISO9001 quality system authentication and has been sold in many China places such as Lanzhou, Qinghai, Ningxia, and Inner Mongolia. Over the years, the factory has enhanced its technological expertise through continuous product development and the introduction of advanced equipment and technologies. Microcomputer technology and automation control devices have been used on all fronts. The production model has been known for the following characteristics: low in consumption, high in production, high quality, and environment- friendly. The factory has in place a complete and thorough quality testing system, a well-designed and executed testing procedure, and is known for its stable product quality. The plant has received many honors and awards including the "Gansu Province Cement Industry Superior Quality Enterprise" title.
ITEM 2 — PROPERTIES
The following is a description of our significant properties.
Our principal executive office in California is located at 850 Veterans Blvd., #228, Redwood City, California 94063. We lease an office space of 3,000 square feet on an annual basis at a cost of $6,500 per month.
We own 81 acres in Southern California at U.S. Highway 395 and California 58 in Kramer Junction, California.
We have staked 48 placer mining claims covering 960 acres in La Paz County, Arizona near the Plomosa Mountain load and placer claims the company optioned in 2011. The Plomosa Mining District is characterized by linear mountain ranges separated by alluvium-filled basins.
We plan to invest up to and in excess of $100 million to acquire speculative mining claims whose exploitation may never be possible if we don’t obtain the permits required by law and regulation and/or which may not be capable of being mined in a manner that permits the sale of the extracted minerals at a price in excess of the costs of extraction and/or processing and transportation. How the mining claims may be treated for financial reporting purposes will depend on the proven reserves of each such set of mining claims, costs of extraction and applicable federal and state securities and accounting laws. However, the entire investment will not have a material effect on the overall financial strength of the Company in case the investment therein is lost or not recoverable. Any such venture will not cause us to violate any covenant in any borrowing or investment agreements. It will neither restrict our extensive operations in China nor our expansion and will not have a material effect on the share value of our shareholder’s common stock. While there are high risks involved in pursuing the acquisition and exploitation of mining claims and mining operations, there is also the potential for high rewards. We have sought the advice and counsel of recognized professionals involved in the mining industry to assist us in our evaluation of mining prospects brought to us by brokers and to document and guide us in any mining venture we might become involved with.
From 10-K, page 14 Financing?
Major Holder of HERB? Are you Wu Mei Ping with 11,100,000 shares (7.2%)? See 13-D filing by my elder daughter Anna G. Brandt for China Continental. I'm her father William H. Her sister Laura and I also own many more shares.