Maximum Intraday Limit Reached

The company's stock price reached its maximum intraday limit in three consecutive trading sessions on 13, 14 and 15 Oct 2008, thus constituting an unusual price movement.

On 13 Oct 2008, the company announced that the State-owned Assets Supervision and Administration Commission of the Datong Municipal Government, its controlling shareholder, had intended to cooperate with Shanxi Guoxin Investment Group Co., Ltd. The board of directors confirms that, other than the intended cooperation issue, there are no significant undisclosed issues, negotiations, plans, intentions or agreements outstanding, pursuant to relevant regulations, nor is there any remaining undisclosed information that would materially impact the company's stock price .

The China Securities Journal and the China Info website (www.cninfo.com.cn) are the company's designated media for information disclosure. Investors are advised to exercise caution when dealing in the company's shares.

Board of Directors
15 Oct 2008


Source: Securities Times

Date: 16 Oct 2008

CN01/IS/LZ/BT/KM