On 29 Aug 2008, the company received a notice from Hu Han Rong Railway Hubei Co., Ltd., stating that the company and China Tiesiju Civil Engineering Group Co., Ltd., had successfully won a bid for the construction of the HYZQ-6 section of the Huhan-Yichan Railway for RMB 3.512 bln, of which the company will be responsible for 62% of the project with a total amount of RMB 2.177 bln.

The estimated construction period is 40 months and it is scheduled to be completed prior to the end of December 2011.

Board of Directors
2 Sept 2008


Source: Shanghai Stock Exchange

Date: 2 Sept 2008

CN01/VL/LZ/BT/KM