GUANGDONG MINGZHU GROUP CO., LTD (600382)

2008 Semiannual Report Financial Highlights

Total assets: RMB 1,519,486,876
Shareholders' equity: RMB 801,811,634
Net assets value per share: RMB 2.35

Gross revenue: RMB 386,875,143
Net profit: RMB 76,827,871
Net profit after deducting non-recurring gains and losses: RMB 70,567,954
Basic EPS: RMB 0.225
Basic EPS after deducting non-recurring gains and losses: RMB 0.21
Return on equity: 9.58%
Net cash flow per share arising from operating activities: RMB 0.45

Board of Directors
15 Aug 2008


Source: Shanghai Stock Exchange

Date: 18 Aug 2008

CN01/NW/DM/BT/KM


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