5.4 Mln Restricted Shares Transferred

According to a notice from Tongling Jingda Copper (Group) Co., Ltd., the company’s second-largest shareholder, 5,400,000 restricted shares of the company, currently held by Tongling Jingda, were transferred to Shenzhen Xiangsheng Information Consulting Co., Ltd, a wholly-owned subsidiary of Tongling Jingda, following the signing of a related agreement.

The 5,400,000 restricted shares, equal to a 1.834% stake in the company, will become tradeable as of 20 Apr 2009.

Relevant procedures for the above-mentioned stake transfer have been completed through China Securities Depository and Clearing Corporation Limited, Shanghai branch. Pursuant to these events, Tongling Jingda remains the second-largest shareholder of the company, holding 53,794,800 shares of the company, equal to a 18.27% stake, of which 30,466,800 are restricted and 23,328,000 are tradeable.

Board of Directors
7 Jul 2008


Source: Shanghai Stock Exchange

Date: 7 Jul 2008

CN01/FL/LZ/WH/MM