Wu Appointed as Sponsor Representative

The company recently received a written notice from Tebon Securities Co.Ltd, the company's sponsoring institution, stating that Wu Lingdong has been appointed to replace Hang Dehua as the company's sponsor representative in addressing the company's private placement for 2007.

Board of Directors
30 Jun 2008


Source: Shanghai Stock Exchange

Date: 1 Jul 2008

CN01/IS/SW/AR/MM