On 5 Sept 2008, following examination by the China Securities Regulatory Commission (CSRC), the company's application on a rights issuance has been conditionally approved.

Additional information regarding the rights offering issuance will be disclosed as it becomes available.

Board of Directors
8 Sept 2008


Source: Shanghai Stock Exchange

Date: 8 Sept 2008

CN01/CJ/JL/BT/KM