Yongye Intl (NASDAQ:YONG)

Offering:

Up to 12,035,048 Shares of Common Stock representing (i) 2,165,843 Shares of Common Stock and (ii) the maximum aggregate number of Shares of our Common Stock receivable upon conversion of (a) 5,681,818 currently outstanding shares of our Convertible Preferred Stock and (b) shares of Convertible Preferred Stock which may be issued as pay-in-kind dividends on such shares of Convertible Preferred Stock in the future and (iii) Shares of Common Stock that MSPEA may receive in the event that we have not achieved an Income Target (as defined below) and have engaged in certain additional issuances of our equity securities that were not approved in writing by holders of a majority of the Convertible Preferred Stock then outstanding (subject to certain exceptions) but for which no adjustment was made to such Income Target.

We will not receive any of the proceeds from the sale of the shares by the selling stockholders.

BEIJING, June 20, 2011 /PRNewswire-Asia-FirstCall/ -- Yongye International, Inc. (NASDAQ: YONG), a leading agricultural nutrient company in China ("Yongye International" or the "Company"), today announced that Mr. Zishen Wu, Chairman and Chief Executive Officer of Yongye International, had completed the purchase of $3.0 million worth of shares of the Company's Common Stock in open market transactions pursuant to a Rule 10b5-1 plan. The weighted average purchase price was US$5.40 per share.  The share purchase demonstrates Chairman and CEO's confidence in the Company and his belief that the shares are currently undervalued.

BEIJING, May 31, 2011 /PRNewswire-Asia-FirstCall/ -- Yongye International, Inc., a leading agricultural nutrient company in China ("Yongye" or the "Company"), today announced that Morgan Stanley Private Equity Asia ("MSPE Asia") has agreed to make a $50 million equity investment (the "Investment") in Yongye.

Yongye intends to use the proceeds from this investment for capacity expansion, repayment of commercial bank debt, working capital, and general corporate purposes.

"We are pleased that MSPE Asia, one of the leading private equity investors in the region, has decided to make a significant investment in our company," commented Mr. Zishen Wu, Chairman and Chief Executive Officer of Yongye International. "Yongye and MSPE Asia have structured a long-term cooperation based on our mutual belief in the strong prospects for our products and nationwide distribution network. Specifically, we are providing multi-year profit commitments to MSPE Asia which, upon their achievement, results in up to a $15.00 per share conversion price for the convertible preferred stock we are issuing. This investment will assist us in strengthening our balance sheet and positioning us to meet the growing demand for our Shengmingsu agricultural nutrient products."

"After extensive due diligence, we believe Yongye to be an exceptional company that has built significant brand recognition in China's agriculture industry through its integrated marketing campaigns, distribution strategy and the benefits its Shengmingsu-branded products have brought to Chinese farmers," stated Mr. Homer Sun, Managing Director of MSPE Asia. "The Company's core products address an important need for farmers to enhance yield for crops planted on soil that has become degraded by decades of over-fertilization. In addition to product efficacy, we are impressed by the Company's strategy and execution to develop an effective sales network directed at an underpenetrated segment of Chinese demand. We look forward to being long-term shareholders and partners with Yongye and intend to provide our full support to Yongye with respect to operating strategies and the capital markets."

Also:

BEIJING, May 31, 2011 /PRNewswire-Asia-FirstCall/ -- Yongye International, Inc. announced today that Mr. Zishen Wu, Chairman and Chief Executive Officer of Yongye International, intends to purchase up to $3.0 million worth of shares of the Company's Common Stock in open market transactions.