Top Contributor: Ben Gan | Created when NASDAQ:YONG was $7.15 | Edit | History
Yongye has two great products under the brand name of Shengmingsu. Inter alia positive criteria of the company are the following: award winning, super fast growth in revenue, earnings, and branded stores. The company's auditor, KPMG, is one of the top four auditors in China. Having KPMG as its auditor is a good indication that committing fraud is not the intention of the company.
Another plus point of the company is that it is debt free and is able to lower its accounts receivable with much success. I believe its management is excellent and having a top scientist with them is great for the company going forward.
In 2010, it won the CAF Special Houji Award and the ACFIC Award. These awards are indications that its products are superb.
I have some shares in the stock, and intend to buy more within the next 48 hours. At the last traded price of US$ 7.15 per share, the stock is very much undervalued.