"Yasheng Group's subsidiaries have been consistently growing in China for three decades,” said Chairman Zhou Changsheng. “The upgrade to the OTCQB is a reflection of the growth of our company and recognition of our commitment to our shareholders to provide them with full and complete financial information on a regular basis as required by the United States securities laws and regulations."
Yasheng's move to the OTCQB is a continuation of its plan to move to a more Senior U.S. securities exchange in the near future.