The company plans to convene its 1st 2008 Extraordinary General Meeting of Shareholders on 2 Sep 2008 at 10:00 am, at which the following proposals will be examined and considered for approval:

1. a contract signed with Tianjin Taida Jinlian Power Co., Ltd., a related party of the company, on procurement and sales of steam
2. a contract on steam procurement and sales, signed between Guohua Energy Development (Tianjin) Co., Ltd., the subsidiary of the company and Tianjin Taida
3. related-party transactions related to steam sales for 2008

Shareholders of record on 26 Aug 2008 or their proxies, as well as directors, supervisors, senior managers, lawyers and sponsor representatives of the company are entitled to attend the meeting.

Shareholders can also cast their votes through the on-line voting system of the Shenzhen Stock Exchange on 2 Sept 2008, from 9:30 am to 11:30 am and from 1:00 pm to 3:00 pm, or through the SZSE's trading system from 1 Sep, at 3:00 pm to 2 Sep 2008, at 3:00 pm.

Registration information:

Dates: 27 – 28 Aug 2008
Times: 9:30 am - 11:30 am and 1:30 pm - 3:30 pm
Address: Department of Securities Investment of Tianjin Binhai Energy & Development Co., Ltd., Unit 27, 11th Avenue, Tianjin Development Area
Postal code: 300457
Tel: 022-66202230
Fax: 022-66202232
Contact persons: Wang Kai and Zhang Xiangdong

Board of Directors
28 Aug 2008


Source: Securities Times

Date: 29 Aug 2008

CN01/VW/DM/BT/KM