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Last $0.0061 USD
Change Today -0.0089 / -59.33%
Volume 3.1K
YSYB On Other Exchanges
Symbol
Exchange
OTC US
Stuttgart
As of 5:20 PM 05/27/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

99 Fan Rong Street

Jixian County

Shuang Ya Shan, 155900

China

Phone: 86 46 9469 3000

Fax:

Yanglin Soybean, Inc., through its subsidiaries, engages in the manufacture, distribution, and sale of non-genetically modified soybean products, including soybean oil, soybean salad oil, soybean meal, low-temperature soy meal, squeezed oil, and concentrated soy protein, throughout Heilongjiang Province and other parts of the People’s Republic of China (PRC). Products The company’s products include soybean oil and salad oil used for cooking; soybean meal used for animal feed; squeezed oil used for cooking; concentrated soy protein used as food additive; and low-temperature soy meal used as a raw material for processing into food additive and others. The company sells its products under the ‘Yanglin’ brand name to various geographic regions of the PRC through its various distribution channels and directly to its customers primarily within the PRC market. In 2012, the company processed approximately 184,052 tons of soybeans. Strategy The company’s strategy includes the following elements: increase sources of supply; expand new markets for deep-processed products; expansion of its sales network; expansion of its product line. Regulations The company is subject to various government regulations, such as Food Sanitation Law, Environment Protection Law and Fire Prevention Law, and to national standards for food issued by the national Food and Drug Administration. The company has obtained the Sanitation Admission certificate from the local Sanitation Bureau, as well as the industrial production permit, and its facilities are regularly inspected by local authorities. In addition, the company has been issued an ISO 9001-2000 Certificate by the Beijing Zhongjing Kehuan Quality Authorization Co. Ltd. and a Certificate of Class A Green Food by the PRC Center of Development of Green Food. Suppliers The company’s suppliers include Che Yili, Cheng Mingchen, Fu Libing, Che Yijun, Duan Fu, Deng Yan, Fu Yanhong, Chen Mei, Gao Zhongfeng, and Cheng Yujun. Customers The company’s customers are primarily distributors of soybean oil and soybean meal, with some being soybean food processors and animal feed manufacturers. Its customers include Tian Zhuang, Gu Changchun, Chi Feng, Cao Zhengang, Li Qingrong, Zhang Guocheng, Lv Changfu, Wang Chunyu, Xue Guilin, and Guo Zhansheng. Competition The company’s main competitor is Heilongjiang 93 Oil and Fat Co., Ltd., an integrated state-owned enterprise which is located in the provinces of Heilongjiang, Dalian and Tianjin. It also competes with Heilongjiang Jiushan 93 Group (SOE); Yanglin Soybean Group, Ltd; Shandong Gaotang Lanshan Group (SOE); Henan Xuchang Vegetable Oil Company (SOE); Qitaihe City Nature Oil Company; Shandong Guanxian Vegetable Oil Company; and Jiamusi Zhenda Company. History Yanglin Soybean, Inc. was incorporated in the state of Nevada in 1921.

 

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