Yongye International Announces Date of Annual Meeting of Stockholders

    Yongye International Announces Date of Annual Meeting of Stockholders

PR Newswire

BEIJING, Nov. 1, 2013

BEIJING, Nov. 1, 2013 /PRNewswire-FirstCall/ -- Yongye International, Inc.
(NASDAQ: YONG) ("Yongye" or the "Company"), a leading developer, manufacturer,
and distributor of crop nutrient products in the People's Republic of China
("PRC"), today announced that it will hold its 2013 Annual Meeting of
stockholders on Tuesday, December 3, 2013 at 9:00 a.m. (China Time). The 2013
Annual Meeting will be held at the Company's offices, located at Jinshan
Economic Development Zone, Hohhot City, Inner Mongolia, the People's Republic
of China.

Shareholders of record at the close of business on October 4, 2013 are
entitled to vote at the meeting. The proxy statement and the Company's 2012
annual report are available on the Company's website at www.yongyeintl.com.

The main purposes of the 2013 Annual Meeting include the following:

1.To elect five directors, including Mr. Zishen Wu, Dr. Xiaochuan Guo, Mr.
    Sean Shao, Dr. Xindan Li, and Dr. Rijun Zhang; and
2.To ratify appointment of KPMG as the Company's independent accountants for
    the fiscal year ending December 31, 2013.

Because the expected meeting date for the 2013 Annual Meeting represents a
change of more than thirty days from the anniversary of the Company's 2012
annual meeting of shareholders held on June 8, 2012, the Company has set a new
deadline for the receipt of shareholder proposals submitted pursuant to Rule
14a-8 under the Securities Exchange Act of 1934, as amended (the "Exchange
Act") for inclusion in the Company's proxy materials for the 2013 Annual
Meeting. In order to be considered timely, such proposals must be received by
the Company at its principal executive offices at 6th Floor, Suite 608, Xue
Yuan International Tower, No.1 Zhichun Road, Haidian District, Beijing, PRC,
Attention: Corporate Secretary no later than November 8, 2013, and must comply
with the applicable requirements of Rule 14a-8 regarding the inclusion of
shareholder proposals in Company-sponsored proxy materials and with our
bylaws. This deadline will also apply in determining whether notice is timely
for purposes of exercising discretionary voting authority with respect to
proxies for purposes of Rule 14a-4(c) under the Exchange Act.

Yongye would like to reiterate that there will be a separate special
stockholders' meeting to vote on the recently announced proposed go private
transaction. This will be held at a future date and the Company will
distribute a separate proxy statement to its shareholders in connection
therewith.

About Yongye International, Inc.

Yongye International, Inc. is a leading crop nutrient company headquartered in
Beijing, with its production facilities located in Hohhot, Inner Mongolia,
China. Yongye's principal product is a liquid crop nutrient, from which the
Company derived substantially all of the sales in 2012. The Company also
produces powder animal nutrient product which is mainly used for dairy cows.
Both products are sold under the trade name "Shengmingsu," which means "life
essential" in Chinese. The Company's patented formula utilizes fulvic acid as
the primary compound base and is combined with various micro and macro
nutrients that are essential for the health of the crops. The Company sells
its products primarily to provincial level distributors, who sell to the
end-users either directly or indirectly through county-level and village-level
distributors. For more information, please visit the Company's website at
www.yongyeintl.com.

Additional Information

This press release may be deemed to be solicitation material in respect of the
proposals described in the Company's preliminary proxy statement on Schedule
14A, filed by the Company with the Securities and Exchange Commission (the
"SEC") on October 28, 2013. In connection with the proposed merger, the
Company will file with, or furnish to, the SEC all relevant materials,
including a definitive proxy statement on Schedule 14A, and will mail the
definitive proxy statement on Schedule 14A to its stockholders (when
available). In addition, on October 28, 2013, certain participants in the
proposed transaction filed with the SEC a Schedule 13E-3 transaction statement
and will file or furnish to the SEC and mail to the Company's stockholders a
definitive Schedule 13E-3 transaction statement (when available). INVESTORS
AND STOCKHOLDERS ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THESE
MATERIALS AND OTHER MATERIALS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE,
AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT PARENT, THE COMPANY, THE
MERGER, THE PERSONS SOLICITING PROXIES IN CONNECTION WITH THE MERGER ON BEHALF
OF THE COMPANY AND THE INTERESTS OF THOSE PERSONS IN THE MERGER AND RELATED
MATTERS. In addition to receiving the proxy statement and Schedule 13E-3
transaction statement by mail, stockholders also will be able to obtain these
documents, as well as other filings containing information about the Company,
the proposed merger and related matters, without charge, from the SEC's
website (http://www.sec.gov) or at the SEC's public reference room at 100 F
Street, NE, Room 1580, Washington, D.C. 20549. In addition, these documents
can be obtained, without charge, by contacting the Company at Yongye
International, Inc., 6th Floor, Suite 608, Xue Yuan International Tower, No. 1
Zhichun Road, Haidian District, Beijing, PRC, telephone: +86 10 8231 8866.
E-mail: ir@yongyeintl.com.

Participants in the Solicitation

The Company and certain of its directors, executive officers and other members
of management and employees may, under SEC rules, be deemed to be
"participants" in the solicitation of proxies from the Company's stockholders
with respect to the proposed merger. Information regarding the persons who may
be considered "participants" in the solicitation of proxies are set forth in
the preliminary proxy statement and Schedule 13E-3 transaction statement
relating to the proposed merger. Additional information regarding the
interests of such potential participants is included in the preliminary proxy
statement and Schedule 13E-3 transaction statement and the other relevant
documents filed with the SEC.

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.

Contacts

Yongye International, Inc.
Ms. Kelly Wang
Finance Director – Capital Markets
Phone: +86-10-8231-9608; +86-10-8232-8866 x 8827
E-mail: ir@yongyeintl.com

FTI Consulting
Mr. John Capodanno (U.S. Contact)
Phone: +1-212-850-5705
E-mail: john.capodanno@fticonsulting.com

Ms.May Shen (China Contact)
Phone: +86-10-8591-1951
E-mail:may.shen@fticonsulting.com

SOURCE Yongye International, Inc.

Website: http://www.yongyeintl.com
 
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