Unusual Price Movement

The price of A-shares of the company reached its minimum intraday limit in three consecutive trading sessions on 5, 8 and 9 Sept 2008, thus constituting an unusual price movement.

Following consultation with its controlling shareholder, the company confirms that it is operating normally and there are no significant undisclosed issues outstanding.

The board of directors confirms that there are neither any significant undisclosed issues outstanding, pursuant to relevant regulations, nor is there any remaining undisclosed information that would materially impact the company's stock price in the next two weeks.

The China Securities Journal, the Shanghai Securities News and the website of the Shanghai Stock Exchange (www.sse.com.cn) are the company's designated media for information disclosure. Investors are advised to exercise caution when dealing in the company's shares.

Board of Directors
9 Sept 2008


Source: Securities Times

Date: 10 Sept 2008

CN01/SC/LZ/BT/KM