Yongye International, Inc. (Nasdaq:YONG) 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.