According to preliminary data released by the company's finance department, the company’s net profit for the whole year of 2008 is projected to increase by between 50% and 100% YOY, compared with net profit of RMB 431,484,803 and EPS of RMB 0.41 during the same period in 2007.

The increase stems mainly from returns made on a relocation project involving an engineering glass production line in Shenzhen, revenue from operating construction projects, investment earnings from sold subsidiaries and the appreciation of the renminbi.

Detailed figures pertaining to the company’s financial status can be found in its 2008 Annual Report.

Board of Directors
21 Oct 2008


Source: Securities Times

Date: 21 Oct 2008

CN01/CJ/JL/NK/KM