Loss Projected or First 9 Months

At the 3rd Meeting of the 7th Board of Directors, held on 21 Aug 2008, a proposal related to the company's 2008 Semiannual Report and its abstract was examined and approved.

According to the report, the company will likely incur a loss for the first nine months of 2008.

Board of Directors
21 Aug 2008


Source: Shanghai Stock Exchange

Date: 25 Aug 2008

CN01/IS/LZ/BT/KM