2008 Semiannual Report Financial Highlights

Revenue: RMB 223,101,505
Operating profit (loss): RMB (9,976,316)
Net profit (loss): RMB (10,995,068)
Earnings (loss) per share: RMB 0.053
Shareholders' equity: RMB 330,526,060
Accumulated profit available for distribution to shareholders: RMB 18,995,390

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


Source: Securities Times

Date: 15 Aug 2008

CN01/FL/SW/BT/KM