The company has announced progress in its bank debt restructuring, which can be found in the China Securities Journal, the Securities Times and on the China Info website, dated 14 Aug 2008 and 14 Oct 2008.

As the company will examine the outcome of the restructuring, trading in shares of the company will be suspended until relevant issues are resolved and results announced.

Board of Directors
14 Oct 2008


Source: Securities Times

Date: 15 Oct 2008

CN01/ZZ/SW/BT/KM