HEILONGJIANG PROVINCE MUDANJIANG NEW MATERIALS TECHNOLOGY CO., LTD (600173)

RMB 60 Mln Credit Line Obtained

The company has received a written notice from Shangyu Wolong Tianxiang Monte Properties Limited, its subsidiary, stating that Wolong Tianxiang has recently obtained a two-year RMB 60 mln line of credit from Bank of China, Shangyu branch. Specific fund allotment and the signing of relevant agreements will depend on the progress of the project.

Board of Directors
17 Oct 2008


Source: Shanghai Stock Exchange

Date: 17 Oct 2008

CN01/CW/SW/BT/KM


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