At the 1st 2008 Extraordinary General Meeting of Shareholders, held on 7 Aug 2008, the following proposals were examined and approved:

1. a proposal related to major related-party transactions
2. to elect Zhao Lili and Dong Zhuangjin as new directors on the board of directors

Board of Directors
8 Aug 2008


Source: Shanghai Stock Exchange

Date: 8 Aug 2008

CN01/RL/JL/MR/KM