GANSU QILIANSHAN CEMENT CO.,LTD (600720)

RMB 150 Mln Wealth Management Products Launched

Pursuant to relevant regulations for VIP customers of China Construction Bank (CCB), the company entrusted CCB, Gansu branch to launch RMB 150 mln worth of new wealth management products, named 'Lideying' and with an interest rate lower than that of the company's current loan.

Funds raised via the new product launch will be invested by the company for a period of eight months. The newly-launched wealth management products, requiring no guarantee, mortgage or pledge, will be sold to the public via CCS's sales network.

Board of Directors
13 Oct 2008


Source: Shanghai Stock Exchange

Date: 13 Oct 2008

CN01/SS/MR/BT/KM



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