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Article: Yasheng ECO-Trade Corporation Announcing Letter of Intent with Zhangye Golden Dragon.

Article from:
Mergers & Acquisitions Week
Article date:
August 26, 2009
Copyright

Yasheng ECO-Trade Corporation (OTCBB: YASH) has filed an 8k announcing the execution of a letter of intent providing for the acquisition of Zhangye Golden Dragon Industrial Co. Ltd. ("Golden Dragon"). This transaction is a result of Yasheng ECO-Trade's relationship with the Yasheng Group and is representative of the company's mergers and acquisition strategy.

Yasheng ECO-Trade Chairman Greg Rubin commented, "This transaction is a showcase of what we believe the future holds for Yasheng ECO-Trade. We are very excited to be moving forward with our strategy in China."

The above transaction is subject to the drafting and negotiation of a final definitive ...

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