1. Revenue: RMB 223,104,505
2. Operating profit (loss): RMB (9,976,316)
3. Net profit (loss): RMB (11,848,558)
4. Earnings (loss) per share: RMB (0.053)
5. Shareholders’ equity: RMB 330,526,060
6. Accumulated profit available for distribution to shareholders: RMB 18,995,390

Board of Directors
Tianjin Binhai Energy & Development Co., Ltd.
15 Apr 2008

Source: Securities Times

Date: 15 Apr 2008

CN01/CJ/JL/BT/KM