HARBIN FENGHUA-AEROSPACE HI-TECH CO., LTD. (000901)

3Q 2008 Net Loss of RMB 1.47 Mln

As of the end of 3Q 2008:

Total assets: RMB 494,983,263
Shareholders' equity: RMB 372,308,178
Net asset value per share: RMB 1.6789
Net cash flow per share arising from (used in) operating activities: RMB (0.082)

In 3Q 2008:

Gross revenue: RMB 37,804,098
Net profit (loss): RMB (1,473,759)
Basic earnings (loss) per share: RMB (0.0067)
Diluted earnings (loss) per share: RMB (0.0067)
Negative return on equity: (0.40) %

Board of Directors
15 Oct 2008


Source: Securities Times

Date: 16 Oct 2008

CN01/RL/MR/BT/KM


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