Minimum Intraday Limit Reached

The company's stock price reached its minimum intraday limit in three consecutive sessions on 16, 17 and 18 Sept 2008, thus constituting an unusual price movement.

As of the date of this announcement, there are no corrections or amendments needed for previously-disclosed information. Neither the company nor its staff have disclosed confidential information. The company and its controlling shareholder are operating normally.

The board of directors confirmed that there are no significant undisclosed issues, including related plans, negotiations, intentions or agreements, nor is there any remaining undisclosed information that would materially impact the company's stock price.

The Shanghai Securities News, the Securities Times 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
19 Sept 2008


Source: Shanghai Stock Exchange

Date: 19 Sept 2008

CN01/FL/SW/NK/KM