QINGHAI BAICHUNLU CO.,LTD. (600381)

1H 2008 - Net Profit Totals RMB 146.8 Mln

Total assets: RMB 413,563,632
Shareholders' equity (deficit): RMB (240,839,246)
(Negative) net asset value per share: RMB (0.79)

Revenue: RMB 20,511,548
Net profit: RMB 146,785,230
Net profit after deducting non-recurring gains and losses: RMB 1,849,903
Basic EPS: RMB 0.4791
Basic EPS after deducting non-recurring gains and losses: RMB 0.006
Net cash flow per share arising from operating activities: RMB 0.03

Board of Directors
28 Aug 2008


Source: Shanghai Stock Exchange

Date: 28 Aug 2008

CN01/BJ/SW/BT/KM

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