Welcome to our dedicated page for Yew Bio-Pharm Group news (Ticker: YEWB), a resource for investors and traders seeking the latest updates and insights on Yew Bio-Pharm Group stock.
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Yew Bio-Pharm Group, Inc. (OTCQB:YEWB) has announced the establishment of a new subsidiary in Guangzhou, China, dedicated to developing yew-related cosmetic products. The company plans to launch three items—yew shampoo, conditioner, and body wash—in April 2021, with future expansions including menstrual pads. Chairman Zhiguo Wang emphasized the shift from an agricultural model to a high-value commercial entity, leveraging self-planted yew trees for raw material supply. This move aims to enhance the product mix and drive revenue growth.
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