Yongye International Collects $140 Million of $154 Million Net Outstanding Accounts Receivable at the End of 2011

Yongye International, Inc.

today provided an update on accounts receivable collection as of the quarter ended March 31, 2012. During the first quarter of 2012 the Company collected $140 million of $154 million accounts receivable, net of allowance for doubtful accounts at the end of 2011. The Company has taken measures to increase its collection efforts and closely monitor its distributors' financial status, and it expects to collect the remaining accounts receivable balance in the second quarter of 2012.