Funds Misappropriation Report Approved

At the 9th Meeting of the Board of Directors, held on 30 Jul 2008, a self-inspection report on possible funds misappropriation by major shareholders was examined and approved.

Detailed information pertaining to the report can be found on the website of the Shanghai Stock Exchange (www.sse.com.cn), dated 31 Jul 2008.

Board of Directors
31 Jul 2008


Source: Shanghai Stock Exchange

Date: 31 Jul 2008

CN01/RL/DM/BT/KM