At the 1st 2008 Extraordinary General Meeting of Shareholders, held on 14 Oct 2008, the following proposals were examined and approved:

1. to apply for a working capital loan with China Construction Bank, Liangshan branch

2. the 2H 2008 and 1H 2009 Loan Scheme

Board of Directors
15 Oct 2008


Source: Shanghai Stock Exchange

Date: 15 Oct 2008

CN01/AX/MR/BT/KM