Management Rules Formulated

In order to improve asset management, promote financial management, standardize operations, alleviate asset loss risks as well as enable detailed and accurate accounting statements to reflect the company’s financial situation and business performance, the company has formulated management rules on provision for asset impairment and asset write-off in compliance with the Accounting Standards for Business Enterprises, its guidance notes and relevant regulations.

Board of Directors
18 Aug 2008


Source: Shanghai Stock Exchange

Date: 18 Aug 2008

CN01/SS/DM/BT/KM