10-Q/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

Amendment No. 1

To

FORM 10-Q

(MARK ONE)

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2012

OR

o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

FOR THE TRANSITION PERIOD FROM              TO             

COMMISSION FILE NUMBER 000-54701

YEW BIO-PHARM GROUP, INC.

(Exact name of registrant as specified in its charter)

Nevada	26-1579105
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification No.)

294 Powerbilt Avenue

Las Vegas, Nevada 89148

(Address of principal executive offices) (Zip Code)

(702) 487-6727

(Registrant’s telephone number, including area code)

N/A

(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes  ¨    No  x

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes x    No  o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer or a non-accelerated filer. See the definitions of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer	¨	Accelerated filer	¨
Non-accelerated filer	¨	Smaller reporting company	x

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ¨    No  x

As of August 10, 2012, there were 50,000,000 shares, $0.001 par value per share, of the registrant’s common stock outstanding.

Explanatory Note

Yew Bio-Pharm Group, Inc. (the “Company”) is filing this Amendment No. 1 on Form 10-Q/A (the “Amendment”) to the Company’s quarterly report on Form 10-Q for the period ended June 30, 2012 (the “Form 10-Q”), filed with the Securities and Exchange Commission on August 14, 2012 (the “Original Filing Date”), solely to furnish Exhibit 101 to the Form 10-Q in accordance with Rule 405 of Regulation S-T. Exhibit 101 consists of the following materials from the Company’s Form 10-Q, formatted in XBRL (eXtensible Business Reporting Language):

101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Schema
101.CAL	XBRL Taxonomy Calculation Linkbase
101.DEF	XBRL Taxonomy Definition Linkbase
101.LAB	XBRL Taxonomy Label Linkbase
101.PRE	XBRL Taxonomy Presentation Linkbase

No other changes have been made to the Form 10-Q. This Amendment speaks as of the Original Filing Date, does not reflect events that may have occurred subsequent to the Original Filing Date, and does not modify or update in any way disclosures made in the Form 10-Q.

Pursuant to Rule 406T of Regulation S-T, the interactive data files attached as Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.

ITEM 6. EXHIBITS

The following exhibits are attached hereto and filed herewith:

31.1*	Certification by the Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 and Rules 13a-14 and 15d-14 under the Securities Exchange Act of 1934.
31.2*	Certification by the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 and Rules 13a-14 and 15d-14 under the Securities Exchange Act of 1934.
32*	Certification of Periodic Financial Report by the Chief Executive Officer and Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
101.INS	XBRL Instance Document
101.SCH	XBRL Taxonomy Extension Schema Document
101.CAL	XBRL Taxonomy Extension Calculation Linkbase Document
101.DEF	XBRL Taxonomy Extension Definition Linkbase Document
101.LAB	XBRL Taxonomy Extension Label Linkbase Document
101.PRE	XBRL Taxonomy Extension Presentation Linkbase Document

* Previously filed or furnished, as applicable, with the Company’s quarterly report on Form 10-Q for the period ended June 30, 2012 (the “Form 10-Q”), filed with the Securities and Exchange Commission on August 14, 2012.

** Furnished herewith. XBRL (eXtensible Business Reporting Language) information is furnished and not filed or a part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and otherwise is not subject to liability under these sections.

51

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

YEW BIO-PHARM GROUP, INC.
By:	/s/ ADAM WASSERMAN
	Adam Wasserman
	Chief Financial Officer

Date: September 13, 2012

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Land and Yew Forest Use Rights (Details)	6 Months Ended
	Jun. 30, 2012
Parcel A [Member] | Undeveloped forest land [Member]
Components of land and yew forest use rights
Useful life	50 years
Acquisition date	3/2004
Expiration date	3/2054
Metric Acres (“MU”)	125
Parcel B [Member] | Undeveloped forest land [Member]
Components of land and yew forest use rights
Useful life	50 years
Acquisition date	4/2004
Expiration date	4/2054
Metric Acres (“MU”)	400
Parcel C [Member] | Yew tree forests and underlying land [Member]
Components of land and yew forest use rights
Useful life	50 years
Acquisition date	1/2008
Expiration date	1/2058
Metric Acres (“MU”)	290
Parcel D [Member] | Yew tree forests and underlying land [Member]
Components of land and yew forest use rights
Useful life	45 years
Acquisition date	3/2010
Expiration date	3/2055
Metric Acres (“MU”)	15,865

XML

Related Party Transactions (Details Textual)			1 Months Ended	3 Months Ended		6 Months Ended					1 Months Ended		3 Months Ended		6 Months Ended		12 Months Ended			1 Months Ended		3 Months Ended		6 Months Ended		1 Months Ended	3 Months Ended		6 Months Ended			1 Months Ended		6 Months Ended
	Jun. 30, 2012 USD ($)	Dec. 31, 2011 USD ($)	Mar. 31, 2005 Agreement of Seedling Land with ZTC [Member]	Jun. 30, 2012 Agreement of Seedling Land with ZTC [Member] USD ($)	Jun. 30, 2011 Agreement of Seedling Land with ZTC [Member] USD ($)	Jun. 30, 2012 Agreement of Seedling Land with ZTC [Member] USD ($)	Jun. 30, 2012 Agreement of Seedling Land with ZTC [Member] CNY	Jun. 30, 2011 Agreement of Seedling Land with ZTC [Member] USD ($)	Dec. 31, 2011 Agreement of Seedling Land with ZTC [Member] USD ($)	Mar. 25, 2005 Agreement of Seedling Land with ZTC [Member]	Dec. 31, 2008 Store Lease [Member] USD ($)	Dec. 31, 2008 Store Lease [Member] CNY	Jun. 30, 2012 Store Lease [Member] USD ($)	Jun. 30, 2011 Store Lease [Member] USD ($)	Jun. 30, 2012 Store Lease [Member] USD ($)	Jun. 30, 2011 Store Lease [Member] USD ($)	Dec. 31, 2011 Store Lease [Member] USD ($)	Dec. 31, 2011 Store Lease [Member] CNY	Dec. 03, 2008 Store Lease [Member]	Dec. 31, 2009 Office Lease [Member] USD ($)	Dec. 31, 2009 Office Lease [Member] CNY	Jun. 30, 2012 Office Lease [Member] USD ($)	Jun. 30, 2011 Office Lease [Member] USD ($)	Jun. 30, 2012 Office Lease [Member] USD ($)	Jun. 30, 2011 Office Lease [Member] USD ($)	Dec. 31, 2009 Technology Agreement [Member]	Jun. 30, 2012 Yew Pharmaceutical [Member] USD ($)	Jun. 30, 2011 Yew Pharmaceutical [Member] USD ($)	Jun. 30, 2012 Yew Pharmaceutical [Member] USD ($)	Jun. 30, 2012 Yew Pharmaceutical [Member] CNY	Jun. 30, 2011 Yew Pharmaceutical [Member] USD ($)	Jan. 31, 2010 Yew Pharmaceutical [Member] Cooperation and Development Agreement [Member]	Jan. 09, 2010 Yew Pharmaceutical [Member] Cooperation and Development Agreement [Member]	Jun. 30, 2012 Kairun [Member] Technology Agreement [Member] CNY
Related Party Transactions (Textual)
Agreement expiration date										Mar. 24, 2035									Dec. 03, 2011			Dec. 31, 2025		Dec. 31, 2025									Jan. 09, 2020
Agreement expiration period			30 years								3 years	3 years												15 years		2 years						10 years
Cultivation price per metric ton																													$ 158,000	1,000,000
Sales																											0	385,138	159,828		917,812
Leased area of land			361
Annual payments under operating lease						25,400	162,450				1,875	12,000					2,359	15,600		2,400	15,000
Operating Leases, rent expense				6,415	6,241	12,841		12,404					616	461	1,233	916						593	576	1,186	1,145
Prepaid rent - related party	70,690			70,690		70,690			172,284
Renewed agreement expiration period															3 years
Renewed agreement expiration date													Dec. 01, 2014		Dec. 01, 2014
Paymend made under agreement																																		200,000

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Concentrations of Credit Risk and Major Customers (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
A
Schedule of customers accounting for Company’s revenue
Summary of major customer for 10% or more Company’s revenue			18.00%
Summary of major customer for below 10% Company's revenue	Below 10%	Below 10%		Below 10%
B
Schedule of customers accounting for Company’s revenue
Summary of major customer for 10% or more Company’s revenue	28.00%		15.00%
Summary of major customer for below 10% Company's revenue		Below 10%		Below 10%
C
Schedule of customers accounting for Company’s revenue
Summary of major customer for 10% or more Company’s revenue	11.00%	51.00%	14.00%	28.00%
D
Schedule of customers accounting for Company’s revenue
Summary of major customer for 10% or more Company’s revenue			14.00%	10.00%
Summary of major customer for below 10% Company's revenue	Below 10%	Below 10%
E
Schedule of customers accounting for Company’s revenue
Summary of major customer for 10% or more Company’s revenue	23.00%		13.00%
Summary of major customer for below 10% Company's revenue		Below 10%		Below 10%
F
Schedule of customers accounting for Company’s revenue
Summary of major customer for 10% or more Company’s revenue	21.00%		12.00%
Summary of major customer for below 10% Company's revenue		Below 10%		Below 10%
G
Schedule of customers accounting for Company’s revenue
Summary of major customer for 10% or more Company’s revenue		22.00%		29.00%
Summary of major customer for below 10% Company's revenue	Below 10%		Below 10%
H
Schedule of customers accounting for Company’s revenue
Summary of major customer for 10% or more Company’s revenue				10.00%
Summary of major customer for below 10% Company's revenue	Below 10%	Below 10%	Below 10%
I
Schedule of customers accounting for Company’s revenue
Summary of major customer for 10% or more Company’s revenue				10.00%
Summary of major customer for below 10% Company's revenue	Below 10%	Below 10%	Below 10%

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Statutory Reserves (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011	Dec. 31, 2011
Statutory Reserves (Textual)
Appropriation of statutory surplus reserve, Description			Appropriation to the statutory surplus reserve is required to be at least 10% of the after tax net income determined in accordance with PRC GAAP until the reserve is equal to 50% of the entities' registered capital.
Maximum percentage balance required of registered capital in reserve for business expansion			25.00%
Appropriated to statutory surplus reserve	$ 148,686	$ 121,563	$ 261,458	$ 219,218
Accumulated balance of the statutory reserve	$ 1,947,545		$ 1,947,545		$ 1,686,087

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Stockholders Equity (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011	Dec. 31, 2011
Stockholders Equity (Textual)
Refundable common stock subscription					$ 950,000
Number of shares related to refundable subscription liability in a private offering					9,500,000
Common stock issuance subject to rescission offering		9,500,000	4,436,813	9,500,000
Number of subscribers			62
Payment of compensation for consulting services			20,000
Payment of compensation for consulting services (shares)			500,000
Shares issued, value			50,000
Share price	$ 0.10		$ 0.10
Compensation expense related to shares			$ 50,000

XML

Commitments and Contingencies (Tables)

6 Months Ended

Jun. 30, 2012

Commitments and Contingencies Disclosure [Abstract]

Schedule of lease payment

Year	Annual Lease Amount		Payment Due Date
March 2002 to February 2012	RMB	25,000	Before December 2012
March 2012 to February 2017	RMB	25,000	Before December 2017
March 2017 to March 2025	RMB	25,000	Before December 2025

Future minimum rental payments under the A’cheng lease

Twelve-month periods ending June 30:
2013	$	3,952
2014		3,952
2015		3,952
2016		3,952
2017		3,952
Thereafter		30,630
Total	$	50,390

Common Stock subject to each Founder’s Option

Name of Optionee	Number of Shares Subject to Option
Zhioguo Wang		20,103,475
Guifang Qi		2,488,737
Xingming Han		213,300

Maximum effect of exercise option

Shareholder	Number Shares Presently Held		Percentage of Issued Shares Presently Held			Number Shares Held Assuming Exercise of Founder’s Options		Percentage of Issued Shares Following Exercise of Founder’s Options
Zhiguo Wang		20,103,475		40.50	%		40,206,950		55.23	%
Guifang Qi		2,488,737		4.98	%		4,977,474		6.84	%
Xingming Han		213,300		0.43	%		426,600		0.58	%
All HDS Shareholders as a group (3 persons)		22,805,512		45.61	%		45,611,024		62.65	%
All other existing shareholders		27,194,488		54.39	%		27,194,488		37.35	%
Total		50,000,000		100.00	%		72,805,512		100.00	%

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Segment Information (Details Textual)	6 Months Ended
	Jun. 30, 2012
Segment Information (Textual)
Number of business segments	3

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Property and Equipment (Tables)

6 Months Ended

Jun. 30, 2012

Property, Plant and Equipment [Abstract]

Schedule of property and equipment

	June 30, 2012			December 31, 2011
Buildings and building improvements	$	268,916		$	267,015
Machinery and equipment		524,122			520,416
Office equipment		45,107			44,841
Leasehold improvement		53,139			52,763
Motor vehicles		563,171			513,280
		1,454,455			1,398,315
Less: accumulated depreciation		(721,694	)		(614,093	)
	$	732,761		$	784,222

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Related Party Transactions (Details)	6 Months Ended
	Jun. 30, 2012
Heilongjiang Zishan Technology Stock Co., Ltd. ("ZTC") [Member]
Company's transactions with the related parties
Ownership, description	18% owned by Heilongjiang Hongdoushan Ecology Forest Stock Co., Ltd., 39% owned by Zhiguo Wang, Chairman and Chief Executive Officer, 31% owned by Guifang Qi, the wife of Mr. Wang and Director of the Company, and 12% owned by third parties.
Heilongjiang Yew Pharmaceuticals, Co., Ltd. ("Yew Pharmaceutical") [Member]
Company's transactions with the related parties
Ownership, description	95% owned by Heilongjiang Hongdoushan Ecology Forest Stock Co., Ltd., and 5% owned by Madame Qi.
Shanghai Kairun Bio-Pharmaceutical Co., Ltd. ("Kairun") [Member]
Company's transactions with the related parties
Ownership, description	60% owned by Heilongjiang Zishan Technology Co., Ltd., 20% owned by Heilongjiang Hongdoushan Ecology Forest Stock Co., Ltd., and 20% owned by Mr. Wang.
Heilongjiang Hongdoushan Ecology Forest Stock Co., Ltd. ("HEFS") [Member]
Company's transactions with the related parties
Ownership, description	63% owned by Mr. Wang, 34% owned by Madame Qi, and 3% owned by third parties.

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Accrued Expenses and Other Payables (Details) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Schedule of accrued expenses and other payables
Accrued wage	$ 46,952	$ 16,844
Accrued professional fees	10,000	75,029
Other	20,000	28,028
Total	$ 76,952	$ 119,901

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Inventories (Details) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Schedule of inventories
Raw materials	$ 2,951,921	$ 2,847,381
Work in process	18,775	18,642
Finished goods - handicrafts	912,584	924,112
Yew seedlings	4,446,177	4,428,739
Inventory, Net	$ 8,329,457	$ 8,218,874

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Related Party Transactions (Details 2) (Related Party [Member], USD $)	Jun. 30, 2012
Related Party [Member]
Future minimum rental payments required under the related party operating leases
2013	$ 30,519
2014	30,519
2015	29,081
2016	29,081
2017	29,081
Thereafter	464,744
Total	$ 613,025

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Commitments and Contingencies (Details 3)	6 Months Ended
	Jun. 30, 2012
Effect of dilution assuming full exercise of each founders option
Number Shares Presently Held	50,000,000
Percentage of Issued Shares Presently Held	100.00%
Number Shares Held Assuming Exercise of Founder’s Options	72,805,512
Percentage of Issued Shares Following Exercise of Founder’s Options	100.00%
Zhiguo Wang [Member]
Effect of dilution assuming full exercise of each founders option
Number Shares Presently Held	20,103,475
Percentage of Issued Shares Presently Held	40.50%
Number Shares Held Assuming Exercise of Founder’s Options	40,206,950
Percentage of Issued Shares Following Exercise of Founder’s Options	55.23%
Guifang Qi [Member]
Effect of dilution assuming full exercise of each founders option
Number Shares Presently Held	2,488,737
Percentage of Issued Shares Presently Held	4.98%
Number Shares Held Assuming Exercise of Founder’s Options	4,977,474
Percentage of Issued Shares Following Exercise of Founder’s Options	6.84%
Xingming Han [Member]
Effect of dilution assuming full exercise of each founders option
Number Shares Presently Held	213,300
Percentage of Issued Shares Presently Held	0.43%
Number Shares Held Assuming Exercise of Founder’s Options	426,600
Percentage of Issued Shares Following Exercise of Founder’s Options	0.58%
All HDS Shareholders as a group (3 persons) [Member]
Effect of dilution assuming full exercise of each founders option
Number Shares Presently Held	22,805,512
Percentage of Issued Shares Presently Held	45.61%
Number Shares Held Assuming Exercise of Founder’s Options	45,611,024
Percentage of Issued Shares Following Exercise of Founder’s Options	62.65%
All other existing shareholders [Member]
Effect of dilution assuming full exercise of each founders option
Number Shares Presently Held	27,194,488
Percentage of Issued Shares Presently Held	54.39%
Number Shares Held Assuming Exercise of Founder’s Options	27,194,488
Percentage of Issued Shares Following Exercise of Founder’s Options	37.35%

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Earnings Per Share (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Reconciliation of basic and diluted net income per share
Net income	$ 1,453,413	$ 1,171,032	$ 2,480,211	$ 2,126,032
Weighted average common stock outstanding - basic	50,000,000	40,500,000	45,563,187	40,500,000
Effect of dilutive securities:
Subscribed common shares issuable and subject to recession		9,500,000	4,436,813	9,500,000
Weighted average common stock outstanding - diluted	50,000,000	50,000,000	50,000,000	50,000,000
Net income per common share - basic	$ 0.03	$ 0.03	$ 0.05	$ 0.05
Net income per common share - diluted	$ 0.03	$ 0.02	$ 0.05	$ 0.04

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Property and Equipment

6 Months Ended

Jun. 30, 2012

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

NOTE 4 – PROPERTY AND EQUIPMENT

Property and equipment consisted of the following as of June 30, 2012 and December 31, 2011:

	June 30, 2012			December 31, 2011
Buildings and building improvements	$	268,916		$	267,015
Machinery and equipment		524,122			520,416
Office equipment		45,107			44,841
Leasehold improvement		53,139			52,763
Motor vehicles		563,171			513,280
		1,454,455			1,398,315
Less: accumulated depreciation		(721,694	)		(614,093	)
	$	732,761		$	784,222

For the three months ended June 30, 2011 and 2010, depreciation expense amounted to $52,711 and $41,342. For the six months ended June 30, 2012 and 2011, depreciation expenses amounted to $103,200 and $83,936, respectively.

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Commitments and Contingencies (Details Textual)	1 Months Ended		3 Months Ended		6 Months Ended
	Nov. 30, 2010	Mar. 31, 2002	Jun. 30, 2012 USD ($)	Jun. 30, 2011 USD ($)	Jun. 30, 2012 USD ($)	Jun. 30, 2011 USD ($)	Nov. 25, 2010	Mar. 04, 2010 USD ($)	Mar. 04, 2010 CNY
Commitments and contingencies (Textual)
Term of lease		23 years
Lease expiration date		Mar. 19, 2025
Rent expense related to the A’cheng Lease			$ 987	$ 961	$ 1,976	$ 1,909
Percentage of HDS’s publicly-published wholesale prices							90.00%
Number of yew seedlings purchase annually by Xinlin	10,000
Sales under seedling agreement				111,868		309,155
Area acquired under land use rights (in Metric Acres)								15,865	15,865
Land acquisition cost								12,500,000	80,152,900
Number of installments for payament of purchase price					3
Number of offerings made by HDS Shareholders to purchase YBP common stock					4
Purchase price per share minimum					$ 0.02
Purchase price per share maximum					$ 0.10
Aggregate purchase price of common stock					$ 890,501
Exercisable period for each founder’s option					5 years
Exercise price of each founder’s option					$ 0.10
Expected dividends yield					0.00%
Expected term					5 years

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Taxes (Details)	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
Summary of difference between U.S. statutory federal tax rate and Company’s effective tax rate
U.S. federal income tax rate	34.00%	34.00%
Foreign income not recognized in the U.S.	(34.00%)	(34.00%)
PRC Enterprise Income Tax	25.00%	25.00%
Tax exemption	(25.00%)	(25.00%)
Total provision for income tax

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Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2012

Earnings Per Share [Abstract]

Reconciliation of basic and diluted net income per share

	Three Months Ended June 30,
	2012		2011
Net income available to common stockholders for basic and diluted net income per share of common stock	$	1,453,413	$	1,171,032
Weighted average common stock outstanding - basic		50,000,000		40,500,000
Effect of dilutive securities:
Subscribed common shares issuable and subject to recession		—		9,500,000
Weighted average common stock outstanding - diluted		50,000,000		50,000,000
Net income per common share - basic	$	0.03	$	0.03
Net income per common share - diluted	$	0.03	$	0.02

	Six Months Ended June 30,
	2012		2011
Net income available to common stockholders for basic and diluted net income per share of common stock	$	2,480,211	$	2,126,032
Weighted average common stock outstanding - basic		45,563,187		40,500,000
Effect of dilutive securities:
Subscribed common shares issuable and subject to recession		4,436,813		9,500,000
Weighted average common stock outstanding - diluted		50,000,000		50,000,000
Net income per common share - basic	$	0.05	$	0.05
Net income per common share - diluted	$	0.05	$	0.04

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Taxes (Tables)

6 Months Ended

Jun. 30, 2012

Income Tax Disclosure [Abstract]

Summary of difference between U.S. statutory federal tax rate and Company’s effective tax rate

	Six Months Ended June 30,
	2012			2011
U.S. federal income tax rate		34	%		34	%
Foreign income not recognized in the U.S.		(34	%)		(34	%)
PRC Enterprise Income Tax		25	%		25	%
Tax exemption		(25	%)		(25	%)
Total provision for income tax		—			—

Effects of income tax expense exemptions and tax reductions

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Tax exemption effect	$	396,794		$	292,544		$	653,646		$	548,045
Basic net income per share effect	$	(0.01	)	$	(0.01	)	$	(0.01	)	$	(0.01	)
Diluted net income per share effect	$	(0.01	)	$	(0.01	)	$	(0.01	)	$	(0.01	)

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Segment Information (Details) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011	Dec. 31, 2011
Information with respect to these reportable business segments
Total Revenues	$ 1,905,421	$ 1,764,938	$ 3,459,766	$ 3,210,292
Total Cost of Revenues	297,744	399,217	605,772	727,462
Depreciation and amortization:	138,723	106,664	275,371	208,237
Net income	1,453,413	1,171,032	2,480,211	2,126,032
Segment reporting information, Additional information
Identifiable long-lived assets, net	15,822,866		15,822,866		15,950,419
Expenditures for segment assets			46,305		5,707,411
TCM Raw Materials [Member]
Information with respect to these reportable business segments
Total Revenues	1,225,360	1,116,822	1,966,643	1,799,737
Total Cost of Revenues	176,781	294,468	288,082	479,617
Depreciation and amortization:	84,399	57,314	168,823	112,703
Net income	1,048,579	822,354	1,678,561	1,320,120
Segment reporting information, Additional information
Identifiable long-lived assets, net	14,805,311		14,805,311		14,880,192
Expenditures for segment assets					5,515,590
Yew Trees [Member]
Information with respect to these reportable business segments
Total Revenues	673,565	592,314	1,457,088	1,343,650
Total Cost of Revenues	118,220	59,778	299,015	199,301
Depreciation and amortization:	18,774	17,383	27,065	24,465
Net income	555,345	532,536	1,158,073	1,144,349
Segment reporting information, Additional information
Identifiable long-lived assets, net	591,776		591,776		600,364
Expenditures for segment assets					61,436
Handicrafts [Member]
Information with respect to these reportable business segments
Total Revenues	6,496	55,802	36,035	66,905
Total Cost of Revenues	2,743	44,971	18,675	48,544
Depreciation and amortization:	8,045	6,423	16,104	14,286
Net income	3,753	10,831	17,360	18,361
Segment reporting information, Additional information
Identifiable long-lived assets, net	139,018		139,018		153,686
Expenditures for segment assets
Other [Member]
Information with respect to these reportable business segments
Depreciation and amortization:	27,505	25,544	63,379	56,783
Net income	(154,264)	(194,689)	(373,783)	(356,798)
Segment reporting information, Additional information
Identifiable long-lived assets, net	286,761		286,761		316,177
Expenditures for segment assets			$ 46,305		$ 130,385

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Taxes (Details 1) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Effects of income tax expense exemptions and tax reductions
Tax exemption effect	$ 396,794	$ 292,544	$ 653,646	$ 548,045
Basic net income per share effect	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)
Diluted net income per share effect	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)

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Concentrations of Credit Risk and Major Customers (Tables)

6 Months Ended

Jun. 30, 2012

Risks and Uncertainties [Abstract]

Schedule of customers accounting of the Company’s revenue

	Three Months Ended June 30						Six Months Ended June 30
Customer	2012			2011			2012			2011
A		*			*			18	%		*
B		28	%		*			15	%		*
C		11	%		51	%		14	%		28	%
D		*			*			14	%		10	%
E		23	%		*			13	%		*
F		21	%		*			12	%		*
G		*			22	%		*			29	%
H		*			*			*			10	%
I		*			*			*			10	%

* Below 10%

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Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2012

Related Party Transactions [Abstract]

Company's transactions with the related parties

Company	Ownership
Heilongjiang Zishan Technology Stock Co., Ltd. (“ZTC”)	18% owned by Heilongjiang Hongdoushan Ecology Forest Stock Co., Ltd., 39% owned by Zhiguo Wang, Chairman and Chief Executive Officer, 31% owned by Guifang Qi, the wife of Mr. Wang and Director of the Company, and 12% owned by third parties.
Heilongjiang Yew Pharmaceuticals, Co., Ltd. (“Yew Pharmaceutical”)	95% owned by Heilongjiang Hongdoushan Ecology Forest Stock Co., Ltd., and 5% owned by Madame Qi.
Shanghai Kairun Bio-Pharmaceutical Co., Ltd. (“Kairun”)	60% owned by Heilongjiang Zishan Technology Co., Ltd., 20% owned by Heilongjiang Hongdoushan Ecology Forest Stock Co., Ltd., and 20% owned by Mr. Wang.
Heilongjiang Hongdoushan Ecology Forest Stock Co., Ltd. (“HEFS”)	63% owned by Mr. Wang, 34% owned by Madame Qi, and 3% owned by third parties.

Revenue from Related Parties

Name of Related Party	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
Yew Pharmaceutical	$	—	$	385,138	$	159,692	$	917,812
Total	$	—	$	385,138	$	159,692	$	917,812

Future minimum rental payments under the related party operating lease

Twelve-month periods ending June 30:
2013	$	30,519
2014		30,519
2015		29,081
2016		29,081
2017		29,081
Thereafter		464,744
Total	$	613,025

Due to (from) related parties

Name of Related Party	Due to related parties
	June 30, 2012		December 31, 2011
Zhiguo Wang	$	53,190	$	31,357
Yew Pharmaceutical		—		62,847
Madame Qi		665		—
ZTC		—		172,284
Total	$	53,855	$	266,488

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Inventories

6 Months Ended

Jun. 30, 2012

Inventory Disclosure [Abstract]

INVENTORIES

NOTE 3 – INVENTORIES

Inventories consisted of the following as of June 30, 2012 and December 31, 2011:

	June 30, 2012		December 31, 2011
Raw materials	$	2,951,921	$	2,847,381
Work in process		18,775		18,642
Finished goods - handicrafts		912,584		924,112
Yew seedlings		4,446,177		4,428,739
	$	8,329,457	$	8,218,874

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Segment Information (Tables)

6 Months Ended

Jun. 30, 2012

Segment Reporting [Abstract]

Information with respect to these reportable business segments

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2012			2011			2012			2011
Revenues:
TCM raw materials	$	1,225,360		$	1,116,822		$	1,966,643		$	1,799,737
Yew trees		673,565			592,314			1,457,088			1,343,650
Handicrafts		6,496			55,802			36,035			66,905
		1,905,421			1,764,938			3,459,766			3,210,292
Cost of revenues:
TCM raw materials		176,781			294,468			288,082			479,617
Yew trees		118,220			59,778			299,015			199,301
Handicrafts		2,743			44,971			18,675			48,544
		297,744			399,217			605,772			727,462
Depreciation and amortization:
TCM raw materials		84,399			57,314			168,823			112,703
Yew trees		18,774			17,383			27,065			24,465
Handicrafts		8,045			6,423			16,104			14,286
Other		27,505			25,544			63,379			56,783
		138,723			106,664			275,371			208,237
Net income (loss):
TCM raw materials		1,048,579			822,354			1,678,561			1,320,120
Yew trees		555,345			532,536			1,158,073			1,144,349
Handicrafts		3,753			10,831			17,360			18,361
Other		(154,264	)		(194,689	)		(373,783	)		(356,798	)
	$	1,453,413		$	1,171,032		$	2,480,211		$	2,126,032

	December 31, 2011
	TCM raw materials		Yew trees		Handicrafts		Other		Total
Identifiable long-lived assets, net	$	14,880,192	$	600,364	$	153,686	$	316,177	$	15,950,419
Expenditures for segment assets		5,515,590		61436		—		130,385		5,707,411

	June 30, 2012
	TCM raw materials		Yew trees		Handicrafts		Other		Total
Identifiable long-lived assets, net	$	14,805,311	$	591,776	$	139,018	$	286,761	$	15,822,866
Expenditures for segment assets		—		—		—		46,305		46,305

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Land and Yew Forest Use Rights (Details 1) (USD $)			6 Months Ended
	Jun. 30, 2012	Dec. 31, 2011	Jun. 30, 2012 Minimum [Member]	Jun. 30, 2012 Maximum [Member]
Schedule of land and yew forest use rights
Land and yew forest use rights	$ 15,645,378	$ 15,546,414
Less: accumulated amortization	(555,253)	(380,217)
Total	$ 15,090,125	$ 15,166,197
Useful Life			45 years	50 years

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Related Party Transactions (Details 3) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Due to (from) related party
Due to (from) related party total	$ 53,855	$ 266,488
Zhiguo Wang [Member]
Due to (from) related party
Due to (from) related party total	53,190	31,357
Yew Pharmaceutical [Member]
Due to (from) related party
Due to (from) related party total		62,847
Madame Qi [Member]
Due to (from) related party
Due to (from) related party total	665
ZTC [Member]
Due to (from) related party
Due to (from) related party total		$ 172,284

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Consolidated Balance Sheets (USD $)	Jun. 30, 2012	Dec. 31, 2011
CURRENT ASSETS:
Cash	$ 693,908	$ 732,371
Accounts receivable	316,471
Inventories	8,329,457	8,218,874
Prepaid rent - related party	70,690
Prepaid expenses and other assets	2,175	433
Total Current Assets	9,412,701	8,951,678
PROPERTY AND EQUIPMENT, NET	732,761	784,222
DEPOSIT ON LAND USE RIGHTS	996,883
LAND USE RIGHTS AND YEW FOREST ASSETS, NET	15,090,125	15,166,197
Total Assets	26,232,470	24,902,097
CURRENT LIABILITIES:
Accounts payable	62,476	1,360,611
Accrued expenses and other payables	76,952	119,901
Advance from customers	232,290
Taxes payable	4,423	500
Refundable common stock subscription		950,000
Due to related parties	53,855	266,488
Total Current Liabilities	429,996	2,697,500
Total Liabilities	429,996	2,697,500
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY:
Common Stock ($0.001 par value; 50,000,000 shares authorized; 50,000,000 and 40,500,000 shares issued and outstanding at June 30, 2012 and December 31, 2011, respectively)	50,000	40,500
Additional paid-in capital	8,149,470	7,208,970
Retained earnings	13,687,925	11,469,172
Accumulated balance of the statutory reserve	1,947,545	1,686,087
Accumulated other comprehensive income - foreign currency translation adjustment	1,967,534	1,799,868
Total Shareholders’ Equity	25,802,474	22,204,597
Total Liabilities and Shareholders’ Equity	$ 26,232,470	$ 24,902,097

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Taxes (Details Textual) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011	Dec. 31, 2011
Taxes (Textual)
U.S. federal income tax rate			34.00%	34.00%
PRC Enterprise Income Tax			25.00%	25.00%
Provision for income taxes in U.S
Tax exemption period date, maximum			Dec. 31, 2058
Income before income tax expense	1,453,413	1,171,032	2,480,211	2,126,032
Net operating loss carry forwards	690,233		690,233		564,438
Operating loss carry forwards expires			Through 2032
Valuation allowance, percentage	100.00%		100.00%		100.00%
Valuation allowance, amount	234,679		234,679		191,909
Net change in valuation allowance	18,424	12,470	42,770	19,658
Cumulative undistributed earnings of foreign subsidiary and VIE	14,400,000		14,400,000		12,000,000
Interest and penalty
Value added tax for agricultural products			13.00%
Value added tax for handicrafts			17.00%
Value added tax examption period date, maximum			Dec. 31, 2016

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Basis of Presentation

6 Months Ended

Jun. 30, 2012

Accounting Policies [Abstract]

BASIS OF PRESENTATION

NOTE 1 – BASIS OF PRESENTATION

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with US GAAP have been condensed or omitted as permitted by rules and regulations of the US Securities and Exchange Commission (“SEC”). The condensed consolidated balance sheet as of December 31, 2011 was derived from the audited consolidated financial statements of Yew Bio-Pharm Group, Inc. (individually “YBP” and collectively with its subsidiaries and operating variable interest entity, the “Company”). The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the consolidated balance sheet of the Company as of December 31, 2011, and the related consolidated statements of income and comprehensive income, changes in shareholders’ equity and cash flows for the year then ended included in the Company’s Registration Statement on Form 10/A filed with the SEC.

In the opinion of management, all adjustments (which include normal recurring adjustments) necessary to present a fair statement of the financial position as of June 30, 2012, and the results of operations and cash flows for the six-month period ended June 30, 2012 and 2011, have been made.

The preparation of consolidated financial statements in accordance with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. The Company continually evaluates its estimates, including those related to bad debts, inventories, recovery of long-lived assets, income taxes, and the valuation of equity transactions. The Company bases its estimates on historical experience and on various other assumptions that it believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Any future changes to these estimates and assumptions could cause a material change to our reported amounts of revenues, expenses, assets and liabilities. Actual results may differ from these estimates under different assumptions or conditions.

Details of the Company’s subsidiaries and variable interest entities (“VIE”) are as follows:

Name	Domicile and date of  incorporation	Registered capital		Effective ownership	Principal activities
Heilongjiang Jinshangjing Bio-Technology Development Co., Limited (“JSJ”)	PRC	USD $	100,000	100%	Holding company
	October 29, 2009
Yew Bio-Pharm Holdings Limited (“Yew Bio-Pharm (HK)”)	Hong Kong November 29, 2010	HK$	10,000	100%	Holding company of JSJ
Harbin Yew Science and Technology Development Co., Ltd. (“HDS”)	PRC August 22, 1996	RMB	45,000,000	Contractual arrangements	Processing and selling yew raw materials used in the manufacture of TCM; growing and selling yew tree seedlings and mature trees, including potted miniature yew trees; and manufacturing and selling furniture and handicrafts made of yew tree timber

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Commitments and Contingencies (Details 1) (A'cheng Lease [Member], USD $)	Jun. 30, 2012
A'cheng Lease [Member]
Future minimum rental payments required under the related party operating leases
2013	$ 3,952
2014	3,952
2015	3,952
2016	3,952
2017	3,952
Thereafter	30,630
Total	$ 50,390

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Principles of Consolidation (Details) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Schedule of carrying amount of assets and liabilities related to variable interest entity
Total assets of VIE	$ 26,099,456	$ 24,615,627
Total liabilities of VIE	2,550,238	3,839,653
Cash [Member]
Schedule of carrying amount of assets and liabilities related to variable interest entity
Total assets of VIE	588,633	479,494
Accounts receivable [Member]
Schedule of carrying amount of assets and liabilities related to variable interest entity
Total assets of VIE	316,471
Inventories [Member]
Schedule of carrying amount of assets and liabilities related to variable interest entity
Total assets of VIE	8,329,457	8,218,874
Prepaid expenses and other assets [Member]
Schedule of carrying amount of assets and liabilities related to variable interest entity
Total assets of VIE	2,025	283
Prepaid rent - related party [Member]
Schedule of carrying amount of assets and liabilities related to variable interest entity
Total assets of VIE	70,690
Property and equipment, net [Member]
Schedule of carrying amount of assets and liabilities related to variable interest entity
Total assets of VIE	705,172	750,779
Deposit on land use right [Member]
Schedule of carrying amount of assets and liabilities related to variable interest entity
Total assets of VIE	996,883
Land use rights and yew forest assets, net [Member]
Schedule of carrying amount of assets and liabilities related to variable interest entity
Total assets of VIE	15,090,125	15,166,197
Accounts payable [Member]
Schedule of carrying amount of assets and liabilities related to variable interest entity
Total liabilities of VIE	54,475	1,360,611
Advance payments from customers [Member]
Schedule of carrying amount of assets and liabilities related to variable interest entity
Total liabilities of VIE	232,290
Accrued expenses and other payables [Member]
Schedule of carrying amount of assets and liabilities related to variable interest entity
Total liabilities of VIE	46,952	73,727
Taxes payable [Member]
Schedule of carrying amount of assets and liabilities related to variable interest entity
Total liabilities of VIE	4,133	1,049
Due to VIE holding companies [Member]
Schedule of carrying amount of assets and liabilities related to variable interest entity
Total liabilities of VIE	2,207,372	2,164,107
Due to related parties [Member]
Schedule of carrying amount of assets and liabilities related to variable interest entity
Total liabilities of VIE	$ 5,016	$ 240,159

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Basis of Presentation (Tables)

6 Months Ended

Jun. 30, 2012

Accounting Policies [Abstract]

Schedule of Company’s subsidiaries and variable interest entities ("VIE")

Name	Domicile and date of  incorporation	Registered capital		Effective ownership	Principal activities
Heilongjiang Jinshangjing Bio-Technology Development Co., Limited (“JSJ”)	PRC	USD $	100,000	100%	Holding company
	October 29, 2009
Yew Bio-Pharm Holdings Limited (“Yew Bio-Pharm (HK)”)	Hong Kong November 29, 2010	HK$	10,000	100%	Holding company of JSJ
Harbin Yew Science and Technology Development Co., Ltd. (“HDS”)	PRC August 22, 1996	RMB	45,000,000	Contractual arrangements	Processing and selling yew raw materials used in the manufacture of TCM; growing and selling yew tree seedlings and mature trees, including potted miniature yew trees; and manufacturing and selling furniture and handicrafts made of yew tree timber

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Principles of Consolidation (Details Textual) (CNY)	6 Months Ended
	Jun. 30, 2012
Principles of Consolidation (Textual)
Monthly consulting service fee as percentage of monthly net income paid to JSJ	100.00%
HDS obligation within 30 days after the end of each month	(a) Deliver to JSJ the management accounts and operating statistics of HDS for such month, including the net income of HDS during such month (the "Monthly Net Income"), and (b) pay 80% of such Monthly Net Income to JSJ (each such payment, a "Monthly Payment")
HDS obligation within 90 days after the end of each month	(a) Deliver to JSJ financial statements of HDS for such fiscal year, which shall be audited and certified by an independent certified public accountant approved by JSJ, and (b) pay an amount to JSJ equal to the shortfall, if any, of the aggregate net income of HDS for such fiscal year, as shown in such audited financial statements, as compared to the aggregate amount of the Monthly Payments paid by HDS to JSJ in such fiscal year
Monthly payment of monthly net income pay to JSJ	80.00%
Business Cooperation Agreement term	10 years
Business Cooperation Agreement expired date	Nov. 05, 2020
HDS Shareholder’s equity interests	10
Minimum amount execute of major contract	500,000
Exclusive Option Agreement term	10 years
Exclusive Option Agreement commencing date	Nov. 05, 2020

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Inventories (Tables)

6 Months Ended

Jun. 30, 2012

Inventory Disclosure [Abstract]

Schedule of inventories

	June 30, 2012		December 31, 2011
Raw materials	$	2,951,921	$	2,847,381
Work in process		18,775		18,642
Finished goods - handicrafts		912,584		924,112
Yew seedlings		4,446,177		4,428,739
	$	8,329,457	$	8,218,874

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Principles of Consolidation

6 Months Ended

Jun. 30, 2012

Principles Of Consolidation [Abstract]

PRINCIPLES OF CONSOLIDATION

NOTE 2 – PRINCIPLES OF CONSOLIDATION

The consolidated financial statements include the financial statements of YBP, its subsidiaries and operating VIE, in which the Company is the primary beneficiary. All significant intercompany balances and transactions have been eliminated on consolidation.

YBP’s subsidiary JSJ entered into a series of contractual arrangements (the “Contractual Arrangements”) with HDS and/or Zhiguo Wang (“Mr. Wang”), his wife Guifang Qi (“Madame Qi”), Xingming Han (Mr. Han) (collectively, the “HDS Shareholders”) as described below:

• Exclusive Business Cooperation Agreement. Pursuant to the Exclusive Business Cooperation Agreement between JSJ and HDS (the “Business Cooperation Agreement”), JSJ has the exclusive right to provide to HDS general business operation services, including advice and strategic planning, as well as consulting services related to technology, research and development, human resources, marketing and other services deemed necessary (collectively, the “Services”). Under the Business Cooperation Agreement, JSJ has exclusive and proprietary rights and interests in all rights, ownership, interests and intellectual properties arising out of or created during the performance of the Business Cooperation Agreement, including but not limited to copyrights, patents, patent applications, software and trade secrets. HDS shall pay to JSJ a monthly consulting service fee (the “Service Fee”) in RMB that is equal to 100% of the monthly net income of HDS. Upon the prior written consent by JSJ, the rate of Service Fee may be adjusted pursuant to the operational needs of HDS. Within 30 days after the end of each month, HDS shall (a) deliver to JSJ the management accounts and operating statistics of HDS for such month, including the net income of HDS during such month (the “Monthly Net Income”), and (b) pay 80% of such Monthly Net Income to JSJ (each such payment, a “Monthly Payment”). Within ninety (90) days after the end of each fiscal year, HDS shall (a) deliver to JSJ financial statements of HDS for such fiscal year, which shall be audited and certified by an independent certified public accountant approved by JSJ, and (b) pay an amount to JSJ equal to the shortfall, if any, of the aggregate net income of HDS for such fiscal year, as shown in such audited financial statements, as compared to the aggregate amount of the Monthly Payments paid by HDS to JSJ in such fiscal year. HDS also granted an irrevocable and exclusive option to JSJ to purchase any and all of the assets of HDS, to the extent permitted under PRC law, at the lowest price permitted by PRC law. Unless earlier terminated in accordance with the provisions of the Business Cooperation Agreement or other agreements separately executed between JSJ and HDS, the Business Cooperation Agreement is for a term of ten years and expires on November 5, 2020; however, the term of the Business Cooperation Agreement may be extended if confirmed in writing by JSJ prior to the expiration of the term thereof. The period of the extended term shall be

determined exclusively by JSJ and HDS shall accept such extended term unconditionally. Unless JSJ commits gross negligence, or a fraudulent act, against HDS, HDS shall not terminate the Business Cooperation Agreement prior to the expiration of the term, including any extended term. Notwithstanding the foregoing, JSJ shall have the right to terminate the Business Cooperation Agreement at any time upon giving 30 days’ prior written notice to HDS.

• Exclusive Option Agreement. Under an Exclusive Option Agreement among JSJ, HDS and each HDS Shareholder (individually, an “Option Agreement”), the terms of which are substantively identical to each other, each HDS Shareholder has granted JSJ or its designee the irrevocable and exclusive right to purchase, to the extent permitted under PRC law, all or any part of the HDS Shareholder’s equity interests in HDS (the “Equity Interest Purchase Option”) for RMB 10. If an appraisal is required by PRC laws at the time when and if JSJ exercises the Equity Interest Purchase Option, the parties shall negotiate in good faith and, based upon the appraisal, make a necessary adjustment to the purchase price so that it complies with any and all then applicable PRC laws. Without the consent of JSJ, the HDS Shareholders shall not sell, transfer, mortgage or dispose of their respective shares of HDS stock. Additionally, without the prior consent of JSJ, the HDS Shareholders shall not in any manner supplement, change or amend the articles of association and bylaws of HDS, increase or decrease its registered capital, change the structure of its registered capital in any other manner, or engage in any transactions that could materially affect HDS’ assets, liabilities, rights or operations, including, without limitation, the incurrence or assumption of any indebtedness except incurred in the ordinary course of business, execute any major contract over RMB 500,000, sell or purchase any assets or rights, incur of any encumbrance on any of its assets or intellectual property rights in favor of a third party or transfer of any agreements relating to its business operation to any third party. The term of each Option Agreement is ten years commencing on November 5, 2020 and may be extended at the sole election of JSJ.

• Equity Interest Pledge Agreement. In order to guarantee HDS’s performance of its obligations under the Business Cooperation Agreement, each HDS Shareholder, JSJ and HDS entered into an Equity Interest Pledge Agreement (individually, a “Pledge Agreement”), the terms of which are substantially similar to each other. Pursuant to the Pledge Agreement, each HDS Shareholder pledged all of his or her equity interest in HDS to JSJ. If HDS or the HDS Shareholders breach their respective contractual obligations and such breach is not remedied to the satisfaction of JSJ within 20 days after the giving of notice of breach, JSJ, as pledgee, will be entitled to exercise certain rights, including the right to foreclose upon and sell the pledged equity interests. During the term of the Pledge Agreement, the HDS Shareholder shall not transfer his or her equity interest in HDS or place or otherwise permit any other security interest of other encumbrance to be placed on such equity interest. Upon the full payment of the Service Fee under the Business Cooperation Agreement and upon the termination of HDS’s obligations thereunder, the Pledge Agreement shall be terminated.

• Power of Attorney. Under the Power of Attorney executed by each HDS Shareholder (each, a “Power of Attorney”), the terms of which are substantially similar to each other, JSJ has been granted an exclusive, irrevocable power of attorney to take actions in the place and stead of the HDS Shareholders, to act on behalf of the HDS Shareholder as his or her exclusive agent and attorney with respect to all matters concerning the HDS Shareholder’s equity interests in HDS, including without limitation, the right to: 1) attend shareholders’ meetings of HDS; 2) exercise all the HDS Shareholders’ rights, including voting rights under PRC laws and HDS’s Articles of Association, including but not limited to the sale or transfer or pledge or disposition of the HDS Shareholder’s equity interests in HDS in whole or in part; and 3) designate and appoint on behalf of the HDS Shareholders the legal representative, executive director, supervisor, manager and other senior management of HDS.

To the extent that the Contractual Arrangements are enforceable under PRC law, as from time to time interpreted by relevant state agencies, they constitute the valid and binding obligations of each of the parties to each such agreement.

The Company believes that HDS is considered a VIE under ASC 810 “Consolidation”, because the equity investors in HDS no longer have the characteristics of a controlling financial interest, and the Company, through JSJ, is the primary beneficiary of HDS and controls HDS’s operations. Accordingly, HDS has been consolidated as a deemed subsidiary into YBP as a reporting company under ASC 810.

As required by ASC 810-10, the Company performs a qualitative assessment to determine whether the Company is the primary beneficiary of HDS which is identified as a VIE of the Company. A quality assessment begins with an understanding of the nature of the risks in the entity as well as the nature of the entity’s activities including terms of the contracts entered into by the entity, ownership interests issued by the entity and the parties involved in the design of the entity. The Company’s assessment on the involvement with HDS reveals that the Company has the absolute power to direct the most significant activities that impact the economic performance of HDS. JSJ is obligated to absorb a majority of the risk of loss from HDS activities and entitles JSJ to receive a majority of HDS’s expected residual returns. In addition, HDS’s shareholders have pledged their equity interest in HDS to JSJ, irrevocably granted JSJ an exclusive option to purchase, to the extent permitted under PRC Law, all or part of the equity interests in HDS and agreed to entrust all the rights to exercise their voting power to the person(s) appointed by JSJ. Under the accounting guidance, the Company is deemed to be the primary beneficiary of HDS and the results of HDS are consolidated in the Company’s consolidated financial statements for financial reporting purposes. Accordingly, as a VIE, HDS’s sales are included in the Company’s total sales, its income from operations is consolidated with the Company’s and the Company’s net income includes all of HDS’s net income. The Company does not have any non-controlling interest and, accordingly, did not subtract any net income in calculating the net income attributable to the Company. Because of the Contractual Arrangements, YBP has a pecuniary interest in HDS that requires consolidation of HDS’s financial statements with those of the Company.

Additionally, pursuant to ASC 805, as YBP and HDS are under the common control of the HDS Shareholders, the Second Restructure was accounted for in a manner similar to a pooling of interests. As a result, the Company’s historical amounts in the accompanying consolidated financial statements give retrospective effect to the Second Restructure, whereby the assets and liabilities of the Company are reflected at the historical carrying values and their operations are presented as if they were consolidated for all periods presented, with the results of the Company being consolidated from the date of the Second Transfer Agreement. The accounts of HDS are consolidated in the accompanying financial statements.

As of June 30, 2012, the Company agreed to waive all management fees to be payable by HDS and the Company expects to waive such management fees in the near future due to a need of working capital in HDS to expand HDS’s operations.

The Company is principally engaged in (1) processing and selling yew raw materials used in the manufacture of TCM; (2) growing and selling yew tree seedlings and mature trees, including potted miniature yew trees; and (3) manufacturing and selling furniture and handicrafts made of yew tree timber. The Company is located in Harbin, Heilongjiang Province, China.

YBP has no direct or indirect legal or equity ownership interest in HDS. However, through the Contractual Arrangements, the stockholders of HDS have assigned all their rights as stockholders,

including voting rights and disposition rights of their equity interests in HDS to JSJ, our indirect, wholly-owned subsidiary. YBP is deemed to be the primary beneficiary of HDS and the financial statements of HDS are consolidated in the Company’s consolidated financial statements. At June 30, 2012 and December 31, 2011, the carrying amount and classification of the assets and liabilities in the Company’s balance sheets that relate to the Company’s variable interest in the VIE is as follows:

	June 30, 2012		December 31, 2011
Assets
Cash	$	588,633	$	479,494
Accounts receivable		316,471		—
Inventories		8,329,457		8,218,874
Prepaid expenses and other assets		2,025		283
Prepaid rent - related party		70,690		—
Property and equipment, net		705,172		750,779
Deposit on land use right		996,883		—
Land use rights and yew forest assets, net		15,090,125		15,166,197
Total assets of VIE	$	26,099,456	$	24,615,627
Liabilities
Accounts payable	$	54,475	$	1,360,611
Advance payments from customers		232,290		—
Accrued expenses and other payables		46,952		73,727
Taxes payable		4,133		1,049
Due to VIE holding companies		2,207,372		2,164,107
Due to related parties		5,016		240,159
Total liabilities of VIE	$	2,550,238	$	3,839,653

The assets and liabilities in the table above are held in HDS. The creditors of HDS have legal recourse only to the assets of HDS and do not have such recourse to the Company. In addition, HDS’ assets are generally restricted only to pay such liabilities. Thus, the Company’s maximum legal exposure to loss related to VIE is significantly less than the carrying value of the HDS assets due to outstanding intercompany liabilities. Restricted net assets of the VIE shall mean that amount of our proportionate share of net assets of HDS (after intercompany eliminations) which as of the end of the most recent fiscal year may not be transferred to the parent company by the VIE in the form of loans, advances or cash dividends without the consent of a third party (e.g. lender, regulatory agency, foreign government).

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Consolidated Balance Sheet (Parenthetical) (USD $)	Jun. 30, 2012	Dec. 31, 2011
Statement Of Financial Position [Abstract]
Common Stock, par value	$ 0.001	$ 0.001
Common Stock, shares authorized	50,000,000	50,000,000
Common Stock, shares issued	50,000,000	40,500,000
Common Stock, shares outstanding	50,000,000	40,500,000

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Statutory Reserves

6 Months Ended

Jun. 30, 2012

Statutory Reserves [Abstract]

STATUTORY RESERVES

NOTE 12 – STATUTORY RESERVES

The Company is required to make appropriations to reserve funds, comprising the statutory surplus reserve and discretionary surplus reserve, based on after-tax net income determined in accordance with generally accepted accounting principles of the PRC (“PRC GAAP”). Appropriation to the statutory surplus reserve is required to be at least 10% of the after tax net income determined in accordance with PRC GAAP until the reserve is equal to 50% of the entities’ registered capital. Appropriations to the discretionary surplus reserve are made at the discretion of the Board of Directors.

The statutory surplus reserve fund is non-distributable other than during liquidation and can be used to fund previous years’ losses, if any, and may be utilized for business expansion or converted into share capital by issuing new shares to existing shareholders in proportion to their shareholding or by increasing the par value of the shares currently held by them, provided that the remaining reserve balance after such issue is not less than 25% of the registered capital. For the three months ended June 30, 2012 and 2011, the Company appropriated to the statutory surplus reserve in the amount of $148,686 and $121,563, respectively. For the six months ended June 30, 2012 and 2011, the Company appropriated to the statutory surplus reserve in the amount of $261,458 and $219,218, respectively. The accumulated balance of the statutory reserve of the Company as of June 30, 2012 and December 31, 2011 was $1,947,345 and $1,686,087, respectively.

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Document and Entity Information	6 Months Ended
	Jun. 30, 2012	Aug. 10, 2012
Document and Entity Information [Abstract]
Entity Registrant Name	Yew Bio-Pharm Group, Inc.
Entity Central Index Key	0001548240
Document Type	10-Q
Document Period End Date	Jun. 30, 2012
Amendment Flag	false
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q2
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		50,000,000

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Segment Information

6 Months Ended

Jun. 30, 2012

Segment Reporting [Abstract]

SEGMENT INFORMATION

NOTE 13 – SEGMENT INFORMATION

ASC Topic 280 requires use of the “management approach” model for segment reporting. The management approach model is based on the way a company’s management organizes segments within the company for making operating decisions and assessing performance. Reportable segments are based on products and services, geography, legal structure, management structure, or any other manner in which management disaggregates a company. During the three and six months ended June 30, 2012 and 2011, the Company operated in three reportable business segments: (1) the TCM raw materials segment, consisting of the production and sale of yew raw materials used in the manufacture of TCM; (2) the yew tree segment, consisting of the growth and sale of yew tree seedlings and mature trees, including potted miniature yew trees;and (3) the handicrafts segment, consisting of the manufacture and sale of handicrafts and furniture made of yew timber. The Company’s reportable segments are strategic business units that offer different products. They are managed separately based on the fundamental differences in their operations. All of the Company’s operations are conducted in the PRC.

Information with respect to these reportable business segments for the three and six months ended June 30, 2012 and 2011 is as follows:

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2012			2011			2012			2011
Revenues:
TCM raw materials	$	1,225,360		$	1,116,822		$	1,966,643		$	1,799,737
Yew trees		673,565			592,314			1,457,088			1,343,650
Handicrafts		6,496			55,802			36,035			66,905
		1,905,421			1,764,938			3,459,766			3,210,292
Cost of revenues:
TCM raw materials		176,781			294,468			288,082			479,617
Yew trees		118,220			59,778			299,015			199,301
Handicrafts		2,743			44,971			18,675			48,544
		297,744			399,217			605,772			727,462
Depreciation and amortization:
TCM raw materials		84,399			57,314			168,823			112,703
Yew trees		18,774			17,383			27,065			24,465
Handicrafts		8,045			6,423			16,104			14,286
Other		27,505			25,544			63,379			56,783
		138,723			106,664			275,371			208,237
Net income (loss):
TCM raw materials		1,048,579			822,354			1,678,561			1,320,120
Yew trees		555,345			532,536			1,158,073			1,144,349
Handicrafts		3,753			10,831			17,360			18,361
Other		(154,264	)		(194,689	)		(373,783	)		(356,798	)
	$	1,453,413		$	1,171,032		$	2,480,211		$	2,126,032

	December 31, 2011
	TCM raw materials		Yew trees		Handicrafts		Other		Total
Identifiable long-lived assets, net	$	14,880,192	$	600,364	$	153,686	$	316,177	$	15,950,419
Expenditures for segment assets		5,515,590		61436		—		130,385		5,707,411

	June 30, 2012
	TCM raw materials		Yew trees		Handicrafts		Other		Total
Identifiable long-lived assets, net	$	14,805,311	$	591,776	$	139,018	$	286,761	$	15,822,866
Expenditures for segment assets		—		—		—		46,305		46,305

The Company does not allocate any selling, general and administrative expenses to its reportable segments because these activities are managed at a corporate level and not allocable to any segment. Accordingly, depreciation, interest expense or net income by segment is not reported. The Company’s operations are located in the PRC. All revenues are derived from customers in the PRC. All of the Company’s operating assets are located in the PRC.

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Consolidated Statements of Income and Comprehensive Income (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
REVENUES:
Revenues	$ 1,905,421	$ 1,379,800	$ 3,300,074	$ 2,292,480
Revenues - related party		385,138	159,692	917,812
Total Revenues	1,905,421	1,764,938	3,459,766	3,210,292
COST OF REVENUES:
Cost of revenues	297,744	290,585	580,548	471,467
Cost of revenues - related party		108,632	25,224	255,995
Total Cost of Revenues	297,744	399,217	605,772	727,462
GROSS PROFIT	1,607,677	1,365,721	2,853,994	2,482,830
OPERATING EXPENSES:
Selling	5,350	13,825	11,237	34,185
General and administrative	150,062	179,959	363,773	311,941
Total Operating Expenses	155,412	193,784	375,010	346,126
INCOME FROM OPERATIONS	1,452,265	1,171,937	2,478,984	2,136,704
OTHER INCOME (EXPENSES):
Interest income	1,509	370	1,588	1,449
Other (expense)	(361)	(1,275)	(361)	(12,121)
Total Other Income (Expenses)	1,148	(905)	1,227	(10,672)
NET INCOME	1,453,413	1,171,032	2,480,211	2,126,032
COMPREHENSIVE INCOME:
NET INCOME	1,453,413	1,171,032	2,480,211	2,126,032
OTHER COMPREHENSIVE INCOME:
Unrealized foreign currency translation gain	21,762	293,658	167,667	424,134
COMPREHENSIVE INCOME	$ 1,475,175	$ 1,464,690	$ 2,647,878	$ 2,550,166
NET INCOME PER COMMON SHARE:
Basic	$ 0.03	$ 0.03	$ 0.05	$ 0.05
Diluted	$ 0.03	$ 0.02	$ 0.05	$ 0.04
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic	50,000,000	40,500,000	45,563,187	40,500,000
Diluted	50,000,000	50,000,000	50,000,000	50,000,000

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Taxes

6 Months Ended

Jun. 30, 2012

Income Tax Disclosure [Abstract]

TAXES

NOTE 7 – TAXES

(a) Federal Income Tax and Enterprise Income Taxes

The Company is registered in the State of Nevada and is subject to the United States federal income tax at a tax rate of 34%. No provision for income taxes in the U.S. has been made as the Company had no U.S. taxable income as of June 30, 2012 and December 31, 2011.

The Company’s subsidiary and VIE, JSJ and HDS, respectively, being incorporated in the PRC, are subject to PRC’s Enterprise Income Tax. Pursuant to the PRC Income Tax Laws, Enterprise Income Taxes (“EIT”) is generally imposed at 25%. However, JSJ and HDS has been named as a leading enterprise in the agricultural area and awarded with a tax exemption for the years up to December 31, 2058.

The table below summarizes the difference between the U.S. statutory federal tax rate and the Company’s effective tax rate for the six months ended June 30, 2012 and 2011:

	Six Months Ended June 30,
	2012			2011
U.S. federal income tax rate		34	%		34	%
Foreign income not recognized in the U.S.		(34	%)		(34	%)
PRC Enterprise Income Tax		25	%		25	%
Tax exemption		(25	%)		(25	%)
Total provision for income tax		—			—

Income before income tax expenses of $1,453,413 and $1,171,032 for the three months ended June 30, 2012 and 2011, respectively, and $2,480,211 and $2,126,032 for the six months ended June 30, 2012 and 2011, respectively, was attributed to subsidiaries with operations in China. No income tax expense related to China income incurred for the six months ended June 30, 2012 and 2011.

The combined effects of the income tax expense exemptions and tax reductions available to the Company for the three and six months ended June 30, 2012 and 2011 are as follows:

	Three Months Ended June 30,						Six Months Ended June 30,
	2012			2011			2012			2011
Tax exemption effect	$	396,794		$	292,544		$	653,646		$	548,045
Basic net income per share effect	$	(0.01	)	$	(0.01	)	$	(0.01	)	$	(0.01	)
Diluted net income per share effect	$	(0.01	)	$	(0.01	)	$	(0.01	)	$	(0.01	)

The Company has incurred United States net operating loss for income tax purposes for the three and six months ended June 30, 2012 and 2011. The net operating loss carry forwards for United States income tax purposes amounted to $690,233 and $564,438 at June 30, 2012 and December 31, 2011, respectively, which may be available to reduce future years’ taxable income. These carry forwards will expire, if not utilized, through 2032. Management believes that the realization of the benefits arising from this loss appear to be uncertain due to the Company’s limited operating history and continuing losses for United States income tax purposes. Accordingly, the Company has provided a 100% valuation allowance at June 30, 2012 and December 31, 2011. The valuation allowance at June 30, 2012 and December 31, 2011 was approximately $234,679 and $191,909, respectively. The net change in the valuation allowance was an increase of $18,424 and $12,470 during the three months ended June 30, 2012 and 2011, respectively, and $42,770 and $19,658 during the six months ended June 30, 2012 and 2011, respectively. and management will review this valuation allowance periodically and make adjustments as warranted.

For U.S. tax purposes, the Company has cumulative undistributed earnings of foreign subsidiary and VIE of approximately $14.4 million and $12.0 million as of June 30, 2012 and December 31, 2011, respectively, which are included in consolidated retained earnings and will continue to be indefinitely reinvested in international operations. Accordingly, no provision has been made for U.S. deferred taxes related to future repatriation of these earnings, nor is it practicable to estimate the amount of income taxes that would have to be provided if we concluded that such earnings will be remitted to the U.S. in the future.

There will be no deferred income tax assets or liabilities calculation in the Federal Income Tax because the US corporation taxable loss and deferred taxable loss was the same and the use of any net operating loss carry forwards appears to be uncertain, There will be no deferred income tax assets or liabilities calculation in the EIT because the Company awarded EIT exempted status under agricultural area.

The Company did not have any interest and penalty provided or recognized in the income statements for the three and six months ended June 30, 2012 and 2011 or balance sheet as of June 30, 2012 and December 31, 2011. The Company did not have uncertainty tax positions or events leading to uncertainty tax position within the next 12 months. The Company’s 2009, 2010 and 2011 U.S. Corporation Income Tax Return are subject to U.S. Internal Revenue Service examination. The Company’s 2008, 2009, 2010 and 2011 China corporate income tax returns are subject to China State Administration of Taxation examination.

(b) Value Added Taxes

The applicable VAT tax rate is 13% for agricultural products and 17% for handicrafts sold in the PRC. In accordance with VAT regulations in the PRC, the Company is exempt from paying VAT on its yew seedling and trees sales as an agricultural corps cultivating company up to December 31, 2016. VAT payable in the PRC is charged on an aggregated basis at the applicable rate on the full price collected for the goods sold or taxable services provided and less any deductible VAT already paid by the taxpayer on purchases of goods in the same financial year.

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Accrued Expenses and Other Payables

6 Months Ended

Jun. 30, 2012

Payables and Accruals [Abstract]

ACCRUED EXPENSES AND OTHER PAYABLES

NOTE 6 – ACCRUED EXPENSES AND OTHER PAYABLES

At June 30, 2012 and December 31, 2011, accrued expenses and other payables consisted of the following:

	June 30, 2012		December 31, 2011
Accrued wage	$	46,952	$	16,844
Accrued professional fees		10,000		75,029
Other		20,000		28,028
Total	$	76,952	$	119,901

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Principles of Consolidation (Tables)

6 Months Ended

Jun. 30, 2012

Principles Of Consolidation [Abstract]

Schedule of variable interest entity, consolidated, carrying amount and classification of the assets and liabilities

	June 30, 2012		December 31, 2011
Assets
Cash	$	588,633	$	479,494
Accounts receivable		316,471		—
Inventories		8,329,457		8,218,874
Prepaid expenses and other assets		2,025		283
Prepaid rent - related party		70,690		—
Property and equipment, net		705,172		750,779
Deposit on land use right		996,883		—
Land use rights and yew forest assets, net		15,090,125		15,166,197
Total assets of VIE	$	26,099,456	$	24,615,627
Liabilities
Accounts payable	$	54,475	$	1,360,611
Advance payments from customers		232,290		—
Accrued expenses and other payables		46,952		73,727
Taxes payable		4,133		1,049
Due to VIE holding companies		2,207,372		2,164,107
Due to related parties		5,016		240,159
Total liabilities of VIE	$	2,550,238	$	3,839,653

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Commitments and Contingencies

6 Months Ended

Jun. 30, 2012

Commitments and Contingencies Disclosure [Abstract]

COMMITMENTS AND CONTINGENCIES

NOTE 14 – COMMITMENTS AND CONTINGENCIES

Operating lease

On March 20, 2002, the Company leased office space in the A’cheng district in Harbin (the “A’cheng Lease”). The A’cheng Lease is for a term of 23 years and expires on March 19, 2025. Pursuant to the A’cheng Lease, lease payment shall be made as follows:

Year	Annual Lease Amount		Payment Due Date
March 2002 to February 2012	RMB	25,000	Before December 2012
March 2012 to February 2017	RMB	25,000	Before December 2017
March 2017 to March 2025	RMB	25,000	Before December 2025

For the three months ended June 30, 2012 and 2011, rent expense related to the A’cheng Lease amounted $987 and $961, respectively. For the six months ended June 30, 2012 and 2011, rent expense related to the A’cheng Lease amounted $1,976 and $1,909, respectively.

Future minimum rental payments required under the A’cheng Lease are as follows:

Twelve-month periods ending June 30:
2013	$	3,952
2014		3,952
2015		3,952
2016		3,952
2017		3,952
Thereafter		30,630
Total	$	50,390

See Note 11 for related party operating lease commitments.

Seedling Purchase and Sale Long-Term Cooperation Agreement

On November 25, 2010, HDS entered into a Seedling Purchase and Sale Long-Term Cooperation Agreement (the “Seedling Agreement”) with Wuchang City Xinlin Foresty Co., Ltd (“Xinlin”), pursuant to which HDS will sell yew seedlings to Xinlin at a price equal to 90% of HDS’s publicly-published wholesale prices. Xinlin has agreed to purchase from the Company 10,000 yew seedlings annually. The Company did not make sales under the Seedling Agreement for the three and six months ended June 30, 2012. For the three and six months ended June 30, 2011, the Company made sales of $111,868 and $309,155, respectively, under the Seedling Agreement.

Land Use Rights and Yew Forest Purchase

On March 4, 2010, the Company entered into Land Use Right and Seedling Transfer Agreement with Heilongjiang Pingshan Yew Comprehensive Development Co., Ltd., pursuant to which the Company acquired land use rights with an area of 15,865 mu and all yew trees and seedlings situated on such land, for an aggregate cost of RMB 80,152,900 (approximately $12,500,000). The purchase price was divided into three installments, each installment representing a parcel of land and the Company paid final installment in full during the six months ended June 30, 2012. As of June 30, 2012, there was no unpaid amount related to the Land Use Right and Seedling Transfer Agreement.

Options

Generally, the founders of a corporation in the United States receive shares of stock in consideration of the tangible and intangible assets contributed by them to the enterprise. Since the consideration for those shares is the transfer of assets, including intellectual property, and business know-how, sometimes referred to as “sweat equity”, no payment for such shares occurs.

However, unfamiliar with the usual way that founders acquire equity interests in corporations in the United States, the HDS Shareholders actually purchased their HDS Shareholders’ Stock between March 2008 and September 2009, for cash, in a series of four different offerings of YBP Common Stock during that period, at prices ranging between $0.02 and $0.10 per share, for an aggregate purchase price of $890,501.

As a result of the Contractual Arrangements of the Second Restructure, in which all of the profits of HDS will be paid under the terms of the Business Cooperation Agreement to JSJ, which is an indirect wholly-owned subsidiary of YBP, combined with the actual purchase by the HDS Shareholders of the HDS Shareholders’ Stock for cash, it could be viewed that Mr. Wang, Madame Qi and Mr. Han have, in effect, paid for their HDS Shareholders’ Stock twice.

Accordingly, it is the intention of the Company to rectify this situation by issuing a stock purchase option (a “Founder’s Option”) to each of Mr. Wang, Madame Qi and Mr. Han in an amount equal to the number of shares of YBP Common Stock that each of them currently owns. The terms of each Founder’s Option will be identical to each other except for the name of the optionee and the number of shares of YBP Common Stock subject to each such Founder’s Option. Those terms include:

• The issuance of the Founder’s Option may be subject to pre-issuance approval or post-issuance ratification by our shareholders as described below;

• Each Founder’s Option is fully vested upon issuance;

• Each Founder’s Option may be exercised only upon the approval by the YBP shareholders of an amendment to YBP’s Articles of Incorporation increasing the number of shares of authorized Common Stock and the filing of an amendment of the Articles of Incorporation with the Secretary of State of Nevada;

• Each Founder’s Option is exercisable for a period of five years;

• Each Founder’s Option has an exercise price of $0.10 per share, which is the same price per share in the most recently completed offering of YBP’s Common Stock; and

• Each Founder’s Option has a cashless exercise feature, pursuant to which, at the optionee’s election, he or she may choose not to pay the exercise price of the Founder’s Option and receive instead a reduced number of shares of YBP Common Stock reflecting the value of the number of shares of YBP Common Stock equal to the aggregate exercise price of the Founder’s Option.

Assuming the options are approved by the shareholders of the Company, the options will be valued on the date of grant using the Black-Scholes option pricing model, using the expected and implied volatility from its peer companies’ volatilities as the Company itself does not have historical trading history, expected dividends yield of 0%, expected term of 5 years and risk-free interest rate on the date of grant. The value of the options granted will be immediately recognized as the Company’s compensation expenses upon the issuance of the options. The number of shares of YBP Common Stock subject to each Founder’s Option is as follows:

Name of Optionee	Number of Shares Subject to Option
Zhioguo Wang		20,103,475
Guifang Qi		2,488,737
Xingming Han		213,300

The terms of the Founder’s Option have not been determined as a result of arm’s-length negotiations. The Board of Directors of YBP, which consists of the same persons who are the HDS Shareholders and the grantees of the Founder’s Option, may seek shareholder approval or ratification of the issuance of the Founder’s Options.

To the extent that the Founder’s Options are exercised, assuming they are granted as described above, the number of shares to YBP Common Stock then held by each HDS Shareholder could as much double, which would be highly dilutive to the other existing YBP shareholders. The following chart shows the maximum effect of this dilution assuming full exercise of each Founder’s Option for cash:

Shareholder	Number Shares Presently Held		Percentage of Issued Shares Presently Held			Number Shares Held Assuming Exercise of Founder’s Options		Percentage of Issued Shares Following Exercise of Founder’s Options
Zhiguo Wang		20,103,475		40.50	%		40,206,950		55.23	%
Guifang Qi		2,488,737		4.98	%		4,977,474		6.84	%
Xingming Han		213,300		0.43	%		426,600		0.58	%
All HDS Shareholders as a group (3 persons)		22,805,512		45.61	%		45,611,024		62.65	%
All other existing shareholders		27,194,488		54.39	%		27,194,488		37.35	%
Total		50,000,000		100.00	%		72,805,512		100.00	%

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Concentrations of Credit Risk and Major Customers

6 Months Ended

Jun. 30, 2012

Risks and Uncertainties [Abstract]

CONCENTRATIONS OF CREDIT RISK AND MAJOR CUSTOMERS

NOTE 10 – CONCENTRATIONS OF CREDIT RISK AND MAJOR CUSTOMERS

Customers

For the six months ended June 30, 2012 and 2011, customers accounting for 10% or more of the Company’s revenue were as follows:

	Three Months Ended June 30						Six Months Ended June 30
Customer	2012			2011			2012			2011
A		*			*			18	%		*
B		28	%		*			15	%		*
C		11	%		51	%		14	%		28	%
D		*			*			14	%		10	%
E		23	%		*			13	%		*
F		21	%		*			12	%		*
G		*			22	%		*			29	%
H		*			*			*			10	%
I		*			*			*			10	%

* Below 10%

The Company’s largest customer for the six months ended June 30, 2012 accounted for 100% of the Company’s accounts receivable at June 30, 2012. The Company did not have any accounts receivable amount at December 31, 2011.

Suppliers

For the three and six months ended June 30, 2012, the Company did not make material purchases and a third party supplier accounted 69% for the Company’s accounts payable at June 30, 2012. For the three months ended June 30, 2011, the Company did not make material purchases. For the six months ended June 30, 2011, one company accounted for 94% of the Company’s purchase and the Company had accounts payable of $3,379,655 related to the supplier at June 30, 2011.

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Commitments and Contingencies (Details 2)	Jun. 30, 2012
Zhiguo Wang [Member]
Company’s compensation expenses on issuance of the options
Number of Shares Subject to Option	20,103,475
Guifang Qi [Member]
Company’s compensation expenses on issuance of the options
Number of Shares Subject to Option	2,488,737
Xingming Han [Member]
Company’s compensation expenses on issuance of the options
Number of Shares Subject to Option	213,300

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Stockholders Equity

6 Months Ended

Jun. 30, 2012

Equity [Abstract]

STOCKHOLDERS’ EQUITY

NOTE 8 – STOCKHOLDERS’ EQUITY

At December 31, 2011, the Company reflected a $950,000 refundable common stock subscription liability related to 9,500,000 of the shares in a private offering of the Company’s common stock (the “2009 Summer 2009 Offering”) on the accompanying balance sheet. The 9,500,000 shares of YBP Common Stock were the subject of a rescission offering (the “Rescission Offering”) to the 62 subscribers in the 2009 Summer Offering, all of whom are residents of the PRC. In the Rescission Offering, subscribers in the 2009 Summer Offering could either 1) confirm their subscriptions of shares of YBP Common Stock or 2) elect to rescind their subscriptions of shares of YBP Common Stock and receive a refund of their respective subscription amounts, together with interest. Pursuant to the Rescission Offering, which was conducted in March 2012, all the subscribers in the 2009 Summer Offering confirmed their subscriptions for an aggregate 9,500,000 shares of YBP Common Stock.

Pursuant to an agreement dated November 1, 2010 between YBP and a consultant, a resident of the U.S., YBP agreed to pay $20,000 cash and 500,000 Shares to the consultant as compensation for consulting services rendered by him to the Company. The shares were valued at $0.10 per share or $50,000 in total and the Company recorded $50,000 of compensation expense related to those Shares for the year ended December 31, 2010. The shares were recorded as outstanding as of June 30, 2012 and December 31, 2011.

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Earnings Per Share

6 Months Ended

Jun. 30, 2012

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE 9 – EARNINGS PER SHARE

ASC 260 “Earnings per Share,” requires dual presentation of basic and diluted earnings per share (“EPS”) with a reconciliation of the numerator and denominator of the basic EPS computation to the numerator and denominator of the diluted EPS computation. Basic EPS excludes dilution. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity.

Basic net income per share is computed by dividing net income available to common shareholders by the weighted average number of shares of common stock outstanding during the period. Diluted income per share is computed by dividing net income by the weighted average number of shares of common stock, common stock equivalents and potentially dilutive securities outstanding during each period.

The following table presents a reconciliation of basic and diluted net income per share for the three months ended June 30, 2012 and 2011:

	Three Months Ended June 30,
	2012		2011
Net income available to common stockholders for basic and diluted net income per share of common stock	$	1,453,413	$	1,171,032
Weighted average common stock outstanding - basic		50,000,000		40,500,000
Effect of dilutive securities:
Subscribed common shares issuable and subject to recession		—		9,500,000
Weighted average common stock outstanding - diluted		50,000,000		50,000,000
Net income per common share - basic	$	0.03	$	0.03
Net income per common share - diluted	$	0.03	$	0.02

The following table presents a reconciliation of basic and diluted net income per share for the six months ended June 30, 2012 and 2011:

	Six Months Ended June 30,
	2012		2011
Net income available to common stockholders for basic and diluted net income per share of common stock	$	2,480,211	$	2,126,032
Weighted average common stock outstanding - basic		45,563,187		40,500,000
Effect of dilutive securities:
Subscribed common shares issuable and subject to recession		4,436,813		9,500,000
Weighted average common stock outstanding - diluted		50,000,000		50,000,000
Net income per common share - basic	$	0.05	$	0.05
Net income per common share - diluted	$	0.05	$	0.04

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Related Party Transactions

6 Months Ended

Jun. 30, 2012

Related Party Transactions [Abstract]

RELATED PARTY TRANSACTIONS

NOTE 11 – RELATED PARTY TRANSACTIONS

In addition to several of the Company’s officers and directors, the Company conducted transactions with the following related parties:

Company	Ownership
Heilongjiang Zishan Technology Stock Co., Ltd. (“ZTC”)	18% owned by Heilongjiang Hongdoushan Ecology Forest Stock Co., Ltd., 39% owned by Zhiguo Wang, Chairman and Chief Executive Officer, 31% owned by Guifang Qi, the wife of Mr. Wang and Director of the Company, and 12% owned by third parties.
Heilongjiang Yew Pharmaceuticals, Co., Ltd. (“Yew Pharmaceutical”)	95% owned by Heilongjiang Hongdoushan Ecology Forest Stock Co., Ltd., and 5% owned by Madame Qi.
Shanghai Kairun Bio-Pharmaceutical Co., Ltd. (“Kairun”)	60% owned by Heilongjiang Zishan Technology Co., Ltd., 20% owned by Heilongjiang Hongdoushan Ecology Forest Stock Co., Ltd., and 20% owned by Mr. Wang.
Heilongjiang Hongdoushan Ecology Forest Stock Co., Ltd. (“HEFS”)	63% owned by Mr. Wang, 34% owned by Madame Qi, and 3% owned by third parties.

Revenue from Related Parties

Pursuant to the Cooperation and Development Agreement discussed below, the Company generated sales from its related party company, Yew Pharmaceutical. For the three and six months ended June 30, 2012 and 2011, the Company recorded revenues from this related party, as follows:

Name of Related Party	Three Months Ended June 30,				Six Months Ended June 30,
	2012		2011		2012		2011
Yew Pharmaceutical	$	—	$	385,138	$	159,692	$	917,812
Total	$	—	$	385,138	$	159,692	$	917,812

At June 30, 2012 and December 31, 2011, the Company did not have any accounts receivable from Yew Pharmaceutical.

Cooperation and Development Agreement

On January 9, 2010, the Company entered into a Cooperation and Development Agreement (the “Development Agreement”) with Yew Pharmaceutical. Pursuant to the Development Agreement, for a period of ten years expiring on January 9, 2020, the Company shall supply cultivated yew raw materials to Yew Pharmaceutical that will be used by Yew Pharmaceutical to make traditional Chinese medicines and other pharmaceutical products, at price of RMB 1,000,000 (approximately $158,000) per metric ton. For the three months ended June 30, 2012 and 2011, sales to Yew Pharmaceutical amounted to $0 and $385,138, respectively. For the six months ended June 30, 2012 and 2011, sales to Yew Pharmaceutical amounted to $159,828 and $917,812, respectively. At June 30, 2012 and December 31, 2011, the Company did not have any accounts receivable from Yew Pharmaceutical.

Purchases

For the three and six months ended June 30, 2012 and 2011, the Company did not make any material purchases from its related party companies. At June 30, 2012 and December 31, 2011, there were no accounts payable amounts due to ZTC related to the purchases.

Operating leases

On March 25, 2005, the Company entered into an Agreement for the Lease of Seedling Land with ZTC (the “ZTC Lease”). Pursuant to the ZTC Lease, the Company leased 361 mu of land from ZTC for a period of 30 years, expiring on March 24, 2035. Annual payments under the ZTC Lease are RMB 162,450 (approximately $25,400). The payment for the first five years of the ZTC Lease was due prior to December 31, 2010 and beginning in 2011, the Company is required to make full payment for the land use rights in advance for each subsequent five-year period. For the three months ended June 30, 2012 and 2011, rent expense related to the ZTC Lease amounted to $6,415 and $6,241, respectively. For the six months ended June 30, 2012 and 2011, rent expense related to the ZTC Lease amounted to $12,841 and $12,404, respectively. At June 30, 2012, prepaid rent to ZTC amounted to $70,690. At December 31, 2011, amounts due under the ZTC lease amounted to $172,284, and are included in due to related parties on the accompanying balance sheets.

On December 3, 2008, the Company entered into a lease for retail space in Harbin with Madame Qi (the “Store Lease”). Pursuant to the Store Lease, no payment was due for the first year and an annual payment of RMB 12,000 (approximately $1,875) is due for each of the second and third years thereof. The term of the Store Lease is three years and expired on December 3, 2011. On November 15, 2011, the Company renewed the Store Lease. Pursuant to the renewed Store Lease, the annual rent is RMB 15,600 (approximately $2,359) and the annual payment is due by May 30 of each year. The term of the renewed Store Lease is 3 years and expires on December 1, 2014. For the three months ended June 30, 2012 and 2011, rent expense related to the Store Lease amounted to $616 and $461, respectively. For the six months ended June 30, 2012 and 2011, rent expense related to the Store Lease amounted to $1,233 and $916, respectively.

On January 1, 2010, the Company entered into a lease for office space with Mr. Wang (the “Office Lease”). Pursuant to the Office Lease, annual payments of RMB 15,000 (approximately $2,400) are due for each of the term. The term of the Office Lease is 15 years and expires on December 31, 2025. For the three months ended June 30, 2012 and 2011, rent expense related to the Office Lease amounted $593 and $576, respectively. For the six months ended June 30, 2012 and 2011, rent expense related to the Office Lease amounted $1,186 and $1,145, respectively.

Future minimum rental payments required under the related party operating leases are as follows:

Twelve-month periods ending June 30:
2013	$	30,519
2014		30,519
2015		29,081
2016		29,081
2017		29,081
Thereafter		464,744
Total	$	613,025

Due to /due from related parties

The Company also received from and provided advances to its officers and directors and related parties. These advances are unsecured and payable on demand.

The due to/due from related parties amount at June 30, 2012 and December 31, 2011 is as follows:

Name of Related Party	Due to related parties
	June 30, 2012		December 31, 2011
Zhiguo Wang	$	53,190	$	31,357
Yew Pharmaceutical		—		62,847
Madame Qi		665		—
ZTC		—		172,284
Total	$	53,855	$	266,488

Research and Development Agreement

The Company entered into a Technology Development Service Agreement dated January 1, 2010 (the “Technology Agreement”) with Kairun. The term of the Technology Agreement was two years. Under the Technology Agreement, Kairun provides the Company with testing and technologies regarding utilization of yew trees to extract taxol and develop higher concentration of taxol in the yew trees the Company grow and cultivate. For these services, the Company agreed to pay Kairun RMB 200,000 after the technologies developed by Kairun are tested and approved by the Company. The Company will retain all intellectual property rights in connection with the technologies developed by Kairun. Kairun may not provide similar services to any other party without the Company’s prior written consent. In February 2012, we entered into a supplemental agreement with Kairun, extending the term of the Technology Agreement indefinitely until project results specified in the original Technology Agreement have been achieved. Kairun is owned directly and indirectly primarily by Mr. Wang and Madame Qi. As of June 30, 2012, Kairun has not yet completed the services provided for in the Technology Agreement and, therefore, no payment was made to Kairun.

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Subsequent Events (Details)	1 Months Ended		6 Months Ended		1 Months Ended
	Dec. 31, 2013 Land use rights [Member] CNY	Dec. 31, 2012 Land use rights [Member] CNY	Jun. 30, 2012 Land use rights [Member] CNY	Jun. 30, 2012 Land use rights [Member] USD ($)	Jul. 31, 2010 Zhiguo Wang [Member] USD ($)	Jul. 31, 2010 Zhiguo Wang [Member] CNY	Jan. 31, 2010 Zhiguo Wang [Member]	Jul. 31, 2012 Fuye Field Agreement [Member] Land use rights [Member] CNY	Jul. 18, 2012 Fuye Field Agreement [Member] Land use rights [Member]
Subsequent Events (Textual)
Area of office lease (Square Meter)					30	30
Office lease					$ 1,600	10,000
Lease area (Metric Acres)								117.5
Lease area (Acres)								19.6
Number of trees									80,000
Agreement term							3 years	16 years
Lease expense	5,002,300	3,700,000	6,300,000					15,002,300
Company’s deposit on land use right			6,300,000	$ 1,000,000

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Joint Venture Agreement for Planting of Yew Trees (Details) (USD $)	1 Months Ended	6 Months Ended
	Mar. 31, 2004	Jun. 30, 2012	Jun. 30, 2011
Joint Venture Agreement for Planing of Trees (Textual)
Area of forest (Metric Acres) under joint venture agreement	1,000,000
Joint venture agreement period	2004 to 2034
Percentage of profit from planting of yew trees and other agriculture distributed to company	80.00%
Percentage of profit from planting of yew trees and other agriculture distributed to forest bureau	20.00%
Revenue

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Basis of Presentation (Details)	6 Months Ended
	Jun. 30, 2012 Heilongjiang Jinshangjing Bio-Technology Development Co., Limited ("JSJ") [Member] USD ($)	Jun. 30, 2012 Yew Bio-Pharm Holdings Limited ("Yew Bio-Pharm (HK)") [Member] HKD	Jun. 30, 2012 Harbin Yew Science and Technology Development Co., Ltd. ("HDS") [Member] CNY
Schedule of Company's subsidiaries and variable interest entities
Domicile and date of incorporation	PRC October 29, 2009	Hong Kong November 29, 2010	PRC August 22, 1996
Registered capital	$ 100,000	10,000	45,000,000
Effective ownership, percentage	100.00%	100.00%
Effective ownership			Contractual arrangements
Principal activities	Holding company	Holding company of JSJ	Processing and selling yew raw materials used in the manufacture of TCM; growing and selling yew tree seedlings and mature trees, including potted miniature yew trees; and manufacturing and selling furniture and handicrafts made of yew tree timber

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Related Party Transactions (Details 1) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Revenue from related party
Revenues - related party		$ 385,138	$ 159,692	$ 917,812
Yew Pharmaceutical [Member]
Revenue from related party
Revenues - related party		$ 385,138	$ 159,692	$ 917,812

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Subsequent Events

6 Months Ended

Jun. 30, 2012

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

NOTE 16 – SUBSEQUENT EVENTS

The Company has evaluated all other subsequent events through August 14, 2012, and determined that there were no other subsequent events or transactions that require recognition or disclosures in the financial statements, except the following:

Related Party Lease

On July 1, 2010, the Company entered into a lease for office space with Mr. Wang (the “Far East Office Lease”). Pursuant to the Far East Office Lease, JSJ leases approximately 30 square meter of office space from Mr. Wang in Harbin. Rent under the Far East Office Lease is RMB 10,000 (approximately $1,600) annually. The term of the Far East Office Lease is three years and expires on June 30, 2015.

Land Use Right

On July 18, 2012, the Company entered into a land use agreement (the “Fuye Field Agreement”) with an individual in the PRC. Pursuant to the Fuye Field Agreement, HDS leasees 117.5 mu (approximately 19.6 acres) located at Fuye Field, Beizhao Village, Hongxing Town, A’cheng District in Helongjiang Province, PRC. The term of the Fuye Field Agreement is 16 years, through March 2028. During the term of the Fuye Field Agreement, HDS has the right to develop the property for the production of yew trees. In addition, HDS acquired a building and more than 80,000 trees – which are not yew trees – located on the property.

Payments to be made by the Company under the Fuye Field Agreement total RMB 15,002,300, payable as follows:

• RMB 6,300,000 upon receipt by HDS of all related supporting documents and materials on the ownership and land use right of the property

• RMB 3,700,000 on December 25, 2012

• RMB 5,002,300 on or before December 25, 2013.

The Company prepaid the first installment of RMB 6,300,000 (approximately $1 million) in June 2012 and the amount was recorded in the Company’s deposit on land use right in the accompanying consolidated balance sheet at June 30, 2012. The Company presently expects to be able to make the additional payments required by the Fuye Field Agreement from cash-on-hand and net cash flow from operations.

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Land and Yew Forest Use Rights (Tables)

6 Months Ended

Jun. 30, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

Components of land and yew forest use rights

	Description	Useful life	Acquisition date	Expiration date	Metric Acres (“MU”)
Parcel A	Undeveloped forest land	50	3/2004	3/2054		125
Parcel B	Undeveloped forest land	50	4/2004	4/2054		400
Parcel C	Yew tree forests and underlying land	50	1/2008	1/2058		290
Parcel D	Yew tree forests and underlying land	45	3/2010	3/2055		15,865

Schedule of land and yew forest use rights

	Useful Life	June 30, 2012			December 31, 2011
Land and yew forest use rights	45-50 years	$	15,645,378		$	15,546,414
Less: accumulated amortization			(555,253	)		(380,217	)
Total		$	15,090,125		$	15,166,197

Amortization of land and yew forest use rights attributable to future periods

	Amount
Twelve-month periods ending June 30:
2013	$	344,586
2014		344,586
2015		344,586
2016		344,586
2017		344,586
2018 and thereafter		13,367,195
Total	$	15,090,125

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Concentrations of Credit Risk and Major Customers (Details Textual) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Concentrations of credit risk and major customers (Textual)
Accounts payable			(1,306,617)	1,508,530
Supplier [Member]
Concentrations of credit risk and major customers (Textual)
Percentage of Company’s accounts payable	69.00%		69.00%	94.00%
Accounts payable		$ 3,379,655
Largest Customer [Member]
Concentrations of credit risk and major customers (Textual)
Percentage of Company’s accounts receivable			100.00%

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Land and Yew Forest Use Rights (Details Textual) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011	Dec. 31, 2011
Amortization of land and yew forest use rights attributable to future periods
Twelve-month periods ending June 30, 2013	$ 344,586		$ 344,586
2014	344,586		344,586
2015	344,586		344,586
2016	344,586		344,586
2017	344,586		344,586
2018 and thereafter	13,367,195		13,367,195
Total	15,090,125		15,090,125		15,166,197
Intangible Assets (Textual)
Amortization expense	$ 86,012	$ 65,322	$ 172,171	$ 124,301

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Consolidated Statements of Cash Flows (Unaudited) (USD $)	6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 2,480,211	$ 2,126,032
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	103,200	83,936
Amortization of land use rights and yew forest assets	172,171	124,301
Loss on disposal of fixed assets		9,813
Changes in operating assets and liabilities:
Accounts receivable	(316,181)
Inventories	(40,286)	870,611
Prepaid and other current assets	(1,739)	(11,570)
Prepaid rent - related party	(70,625)
Accounts payable	(1,306,617)	1,508,530
Accrued expenses and other payable	(40,191)	19,381
Due to related parties	22,473	14,466
Taxes payable	655	629
Advances from customers	232,077	(325,281)
NET CASH PROVIDED BY OPERATING ACTIVITIES	1,235,148	4,420,848
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from disposal of property and equipment		19,471
Purchase of property and equipment	(46,305)	(35,700)
Deposit on land use right	(995,969)
Purchase of land use rights and yew forest assets		(5,587,113)
NET CASH USED IN INVESTING ACTIVITIES	(1,042,274)	(5,603,342)
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments to related party	(236,595)
Proceeds from related party advances		91,127
Proceeds from repayment from directors		61,215
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	(236,595)	152,342
EFFECT OF EXCHANGE RATE ON CASH	5,258	(8,558)
NET (DECREASE) IN CASH	(38,463)	(1,038,710)
CASH - beginning of period	732,371	1,850,488
CASH - end of period	693,908	811,778
Cash paid for:
Interest
Income taxes
Non-cash investing and financing activities
Common stock issued for common stock refundable subscription	$ 950,000

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Land and Yew Forest Use Rights

6 Months Ended

Jun. 30, 2012

Goodwill and Intangible Assets Disclosure [Abstract]

LAND AND YEW FOREST USE RIGHTS

NOTE 5 – LAND AND YEW FOREST USE RIGHTS

There is no private ownership of land in PRC. Land is owned by the government and the government grants land use rights for specified terms. The following summarizes land use rights acquired by the Company.

Yew trees on land containing yew tree forests will be used to supply raw materials such as branches, leaves and fruit to the Company that will be used to for production of the Company’s products. The Company amortizes these land and yew forest use rights over the term of the respective land use right. The lease agreements do not have any renewal option and the Company has no further obligations to the lessor. The Company records the amortization of these land and yew forest use rights as part of its cost of revenues. For the three months ended June 30, 2012 and 2011, amortization expense amounted to $86,012 and $65,322, respectively. For the six months ended June 30, 2012 and 2011, amortization expense amounted to $172,171 and $124,301, respectively. As of June 30, 2012, land and yew forest use rights consisted of the following:

	Description	Useful life	Acquisition date	Expiration date	Metric Acres (“MU”)
Parcel A	Undeveloped forest land	50	3/2004	3/2054		125
Parcel B	Undeveloped forest land	50	4/2004	4/2054		400
Parcel C	Yew tree forests and underlying land	50	1/2008	1/2058		290
Parcel D	Yew tree forests and underlying land	45	3/2010	3/2055		15,865

At June 30, 2012 and December 31, 2011, land and yew forest use rights consisted of the following:

	Useful Life	June 30, 2012			December 31, 2011
Land and yew forest use rights	45-50 years	$	15,645,378		$	15,546,414
Less: accumulated amortization			(555,253	)		(380,217	)
Total		$	15,090,125		$	15,166,197

Amortization of land and yew forest use rights attributable to future periods is as follows:

	Amount
Twelve-month periods ending June 30:
2013	$	344,586
2014		344,586
2015		344,586
2016		344,586
2017		344,586
2018 and thereafter		13,367,195
Total	$	15,090,125

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Commitments and Contingencies (Details) (A'cheng Lease [Member], CNY)	1 Months Ended
	Mar. 31, 2002
March 2002 to February 2012 [Member]
Schedule of Lease Payments
Annual Lease Amount	25,000
Payment Due Date	Before December 2012
March 2012 to February 2017 [Member]
Schedule of Lease Payments
Annual Lease Amount	25,000
Payment Due Date	Before December 2017
March 2017 to March 2025 [Member]
Schedule of Lease Payments
Annual Lease Amount	25,000
Payment Due Date	Before December 2025

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Accrued Expenses and Other Payables (Tables)

6 Months Ended

Jun. 30, 2012

Payables and Accruals [Abstract]

Schedule of accrued expenses and other payables

	June 30, 2012		December 31, 2011
Accrued wage	$	46,952	$	16,844
Accrued professional fees		10,000		75,029
Other		20,000		28,028
Total	$	76,952	$	119,901

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Property and Equipment (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011	Dec. 31, 2011
Schedule of property and equipment
Property and equipment, gross	$ 1,454,455		$ 1,454,455		$ 1,398,315
Less: accumulated depreciation	(721,694)		(721,694)		(614,093)
Property and equipment, net	732,761		732,761		784,222
Property and Equipment (Textual)
Depreciation expense	52,711	41,342	103,200	83,936
Buildings and building improvements [Member]
Schedule of property and equipment
Property and equipment, gross	268,916		268,916		267,015
Machinery and equipment [Member]
Schedule of property and equipment
Property and equipment, gross	524,122		524,122		520,416
Office equipment [Member]
Schedule of property and equipment
Property and equipment, gross	45,107		45,107		44,841
Leasehold improvements [Member]
Schedule of property and equipment
Property and equipment, gross	53,139		53,139		52,763
Motor vehicles [Member]
Schedule of property and equipment
Property and equipment, gross	$ 563,171		$ 563,171		$ 513,280

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Joint Venture Agreement for Planting of Yew Trees

6 Months Ended

Jun. 30, 2012

Joint Venture Agreement For Planing Of Trees [Abstract]

JOINT VENTURE AGREEMENT FOR PLANTING OF YEW TREES

NOTE 15 – JOINT VENTURE AGREEMENT FOR PLANTING OF YEW TREES

On March 21, 2004, HDS entered into a Joint Venture Planting Agreement (the “Joint Venture Agreement”) with Wuchang City Forestry Bureau (the “Forest Bureau”), pursuant to which the Forest Bureau has given HDS access to 1,000,000 mu of forest land located in Wuchang City to develop yew tree forests and produce yew seedlings. Pursuant to the Joint Venture Agreement, the Company is required to plant yew trees on this land from 2004 to 2034. Any profits from the planting of yew trees and other agriculture shall be distributed 80% to the Company and 20% to the Forest Bureau. For the six months ended June 30, 2012 and 2011, the Company has not generated any revenues or activity on this land.