2008 Semiannual Report Financial Highlights

Total assets: RMB 510,819,423
Shareholders’ equity: RMB 157,885,469
Net asset value per share: RMB 0.95

Gross revenue: RMB 130,464,273
Net profit (loss): RMB (25,962,460)
Net profit (loss) after deducting non-recurring gains and losses: RMB (26,239,442)
Basic earnings (loss) per share: RMB (0.155)
Basic earnings (loss) per share after deducting non-recurring gains and losses: RMB (0.157)
(Negative) return on equity: (16.44%)
Net cash flow per share arising from operating activities: RMB 0.09

Board of Directors
23 Aug 2008


Source: Shanghai Stock Exchange

Date: 25 Aug 2008

CN01/VW/DM/BT/MM