Attached files

file filename
10-Q - YASHENG GROUP 10-Q - Yasheng Groupyasheng_10q-15346.htm
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECURITIES EXCHANGE ACT OF 1934 RULE 13A-14(A) OR 15D-14(A) - Yasheng Groupexhibit_31-1.htm
EX-32.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 - Yasheng Groupexhibit_32-2.htm
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECURITIES EXCHANGE ACT OF 1934 RULE 13A-14(A) OR 15D-14(A) - Yasheng Groupexhibit_31-2.htm
EXCEL - IDEA: XBRL DOCUMENT - Yasheng GroupFinancial_Report.xls
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR1.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR9.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR6.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR3.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR5.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR7.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR2.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR8.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR4.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR21.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR16.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR14.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR25.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR22.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR17.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR28.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR27.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR20.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR23.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR13.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR24.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR26.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR11.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR18.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR15.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR12.htm
XML - IDEA: XBRL DOCUMENT - Yasheng GroupR19.htm
EX-99.1 - SUMMARY OF YASHENG LABOR CONTRACT - Yasheng Groupexhibit_99-1.htm
EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO 18 U.S.C. 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002 - Yasheng Groupexhibit_32-1.htm
v2.4.0.6
5. Profit appropriation
9 Months Ended
Sep. 30, 2012
Notes to Financial Statements  
5. Profit appropriation

Pursuant to the laws applicable to China’s Foreign Investment Enterprises, each of the Company’s subsidiaries in China allow make appropriations from its after-tax profit to non-distributable reserve funds as determined by the Board of Directors. These reserve funds include a (i) general reserve, (ii) enterprise expansion fund and (iii) staff bonus and welfare fund. The general reserve fund requires annual appropriations of 10% of after-tax profit (as determined under PRC GAAP) until these reserves equal 50% of the amount of paid-in capital; the other fund appropriations are at the Company’s discretion. Payment to the statutory general reserve fund is at the Company discretion. Allocations to these statutory reserve funds can only be used for specific purposes and are not transferable to us in the form of loans, advances or cash dividends.