73%-78% Net Profit Decrease Projected for 1Q-3Q '08

The company's net profit for the first three quarters of 2008 is projected to decrease by 73%-78%, compared with the same period in 2007, when its net profit was RMB 46,023,522 and EPS was RMB 0.3365.

The decrease stems from a decrease in shares sold in the first three quarters in 2008, in comparison with 7,266,234 shares sold for RMB 37,207,075 over the same period in 2007.

Detailed figures pertaining to the company's current financial condition can be found in its 3Q 2008 Report. Investors are advised to exercise caution when dealing in shares of the company.

Board of Directors
26 Sept 2008


Source: Securities Times

Date: 26 Sept 2008

CN01/SC/LZ/BT/KM