Xingning Friendship Investment Development Co., Ltd., the second-largest shareholder of the company, sold 3,428,999 tradable shares of the company, equal to a 1.003% stake, from 26 Jun 2008 to 7 Aug 2008.

Guangdong Mingzhu Group Co., Ltd.

Source: Shanghai Securities News

Date: 9 Aug 2008

CN01/CJ/JL/BT/KM