Yongye International Announces Completion of Chairman & CEO’s $3.0 Million Common Stock Purchase

Yongye International Announces Completion of Chairman & CEO’s $3.0 Million Common Stock Purchase

PR Newswire

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.

About Yongye International

Yongye International is a leading agricultural nutrient company headquartered in Beijing, with its production facilities located in Hohhot, Inner Mongolia, China. Yongye International produces and markets two lines of organic nutrient products: a liquid nutrient product which is sprayed on plants and a powder nutrient product which is added to animal feed. Both products are sold under the brand name “Shengmingsu,” which means “life essential” in Chinese. The Company’s patented technologies and formulas allow it to create products that increase crop yields and improve the health of livestock. The Company sells its products primarily to provincial or regional level distributors, who then channel those products to a carefully selected network of over 26,000 independently owned, Yongye branded stores or directly to rural farmers and government farms in China. For more information, please visit the Company’s website at http://www.yongyeintl.com.

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 Companys 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 Companys periodic reports that are filed with the Securities and Exchange Commission and available on the SECs 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.

Contact:

Yongye International, Inc.

CCG Investor Relations

Ms. Kelly Wang

Mr. Athan Dounis

Finance Director – Capital Markets

Phone: +1-646-213-1916

Phone: +86-10-8231-9608

Email: athan.dounis@ccgir.com

E-mail: ir@yongyeintl.com

Ms. Wendy Xuan – Business Associate

Phone: +86-10-8232-8866 x 8827

E-mail: ir@yongyeintl.com

SOURCE Yongye International, Inc.

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