Share Trading Suspended

Due to a major issue related to the restructuring of the steel industry in Guangdong Province, trading in shares of the company will be suspended for one day on 23 Jun 2008. Relevant information will be disclosed by the company's controlling shareholder as it becomes available.

Board of Directors
23 Jun 2008


Source: Shanghai Stock Exchange

Date: 23 Jun 2008

CN01/SW/AR/MM