At a general meeting of shareholders held on 22 Apr 2008, a corporate share reform scheme was examined and approved.

The company is cooperating with related parties to facilitate the release of frozen shares. Pertinent details concerning progress in the matter was announced in the Securities Times and on the China Info website (www.cninfo.com.cn), dated 4 Jun, 4 Jul, 5 Aug and 3 Sept 2008.

Relevant information related to the issue will be disclosed in a timely manner as it becomes available. Investors are advised to exercise caution when dealing in the company’s shares.

Board of Directors
10 Oct 2008


Source: Securities Times

Date: 13 Oct 2008

CN01/BJ/JL/BT/KM