RMB 57 Mln Loss Estimated

The company's net profit (loss) is estimated to be approximately RMB (57 mln) from 1 Jan 2008 to 30 Sept 2008, while its net profit (loss) over the same period in 2007 was RMB (168,544,078) and earnings (loss) per share were RMB (1.36).

The loss is attributable to insufficient new capital as well as the cost of maintaining production and management as the company's asset and debt restructuring are still ongoing. Investors are advised to exercise caution when dealing in the company’s shares.

Board of Directors
25 Sept 2008


Source: Securities Times

Date: 26 Sept 2008

CN01/IS/LZ/BT/KM