RMB 130 Mln Steel Sales Agreements Signed

According to cooperation agreements signed between the company, Dalian Canada-China International Trade Co., Ltd., the company's largest shareholder with a 90% stake in the company, and Tianjin Xichu Plates Co., Ltd, the company will sell 20,000 tons of steel to Dalian Canada-China and 6,000 tons of steel to Tianjin Xichu for a maximum of RMB 100 mln and a maximum of RMB 30 mln respectively.

Board of Directors
24 Aug 2008


Source: Shanghai Stock Exchange

Date: 26 Aug 2008

CN01/IS/LZ/BT/KM