At the 12th Meeting of the 4th Board of Directors, held on 23 Jul 2008, the following proposals were examined and approved:

1. to elect Li Jianmin as Chairman of the 4th Board of Directors
2. the 2008 Semiannual Report
3. a statement on rectification of corporate governance

Board of Directors
23 Jul 2008


Source: Securities Times

Date: 25 Jul 2008

CN01/SS/JL/BT/KM