RMB 136 Mln Loan Guarantees Released

The mortgages of two land plots of the company, as guarantees for a RMB 50 mln loan with the Export-Import Bank of China, Shanghai sub-branch, and a RMB 63 mln loan with Jingdezhen Urban Credit Cooperatives, both applied for by the company, have been released following the completion of the loan repayment. A RMB 23 mln loan guarantee for Jingdezhen Ceramics Co., Ltd. has also been released.

Board of Directors
8 Aug 2008


Source: Shanghai Stock Exchange

Date: 8 Aug 2008

CN01/VW/DM/BT/KM