Yang Xiang Dong SC 13D/A Yongye International / Yang Xiang Dong ownership change

EXHIBIT 1

AGREEMENT OF JOINT FILING

The parties listed below agree that the Schedule 13D to which this agreement is attached as an exhibit, and all further amendments thereto, shall be filed on behalf of each of them.  This Agreement is intended to satisfy Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended.  This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

Dated:           December 31, 2012

ABAX LOTUS LTD.
By:	/s/ Xiang Dong Yang
Name:	Xiang Dong Yang
Title:	Director
ABAX GLOBAL OPPORTUNITIES FUND
By:	/s/ Xiang Dong Yang
Name:	Xiang Dong Yang
Title:	Director
ABAX UPLAND FUND, LLC
By:	ABAX CLAREMONT LTD. in its capacity as Managing Member
By:	/s/ Xiang Dong Yang
Name:	Xiang Dong Yang
Title:	Director
ABAX ARHAT FUND
By:	/s/ Xiang Dong Yang
Name:	Xiang Dong Yang
Title:	Director

ABAX CLAREMONT LTD.
By:	/s/ Xiang Dong Yang
Name:	Xiang Dong Yang
Title:	Director
ABAX GLOBAL CAPITAL
By:	/s/ Xiang Dong Yang
Name:	Xiang Dong Yang
Title:	Director
ABAX GLOBAL CAPITAL (HONG KONG) LIMITED
By:	/s/ Xiang Dong Yang
Name:	Xiang Dong Yang
Title:	Director
XIANG DONG YANG
/s/ Xiang Dong Yang
Name:	Xiang Dong Yang