Unusual Price Movement

The company's stock price reached its minimum intraday limit in three consecutive trading sessions on 11, 12 and 16 Sept 2008, thus constituting an unusual price movement.

The company, Beijing Tianqiao Beida Jade Bird Co., Ltd., the controlling shareholder of the company and Beijing Dongfang Guoxing Technology Development Co., Ltd., the effective controller of the company, all confirm that there are no significant undisclosed issues outstanding, including, but not limited to, corporate equity transfer, private placement, debt reorganization, asset divestiture or asset investment.

The board of directors confirms that there are no significant undisclosed issues outstanding, pursuant to relevant regulations, nor is there any remaining undisclosed information that would materially impact the company's stock price. As of the date of this announcement, the company is operating normally.

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
16 Sept 2008


Source: Shanghai Stock Exchange

Date: 17 Sept 2008

CN01/SC/LZ/BT/KM