Corporate Governance Rectification Report Approved

At the 3rd Meeting of the 6th Board of Directors, held on 5 Aug 2008, the following proposals were examined and approved:

1. the Corporate Governance Rectification Report
2. a self-inspection and rectification report on the possible misappropriation of funds by related parties
Detailed information pertaining to the reports can be found on the website of the Shanghai Stock Exchange (www.sse.com.cn), dated 7 Aug 2008.

Board of Directors
7 Aug 2008


Source: Shanghai Stock Exchange

Date: 7 Aug 2008

CN01/SS/SW/BT/KM