According to preliminary data, the company's net profit for the nine months ending 30 Sept 2008 is estimated to have increased between 200% and 250%. Its net profit was RMB 55,670,488 and EPS was RMB 0.0925 for the same period in 2007.

The increase is attributable mainly to decreased expenditure and improved efficiency as well as improvements in product structure and product value.

In June 2008, the company distributed a stock dividend of 10 shares from its capital reserve for every 10 shares held, following which, its total shares outstanding have increased from 601,986,352 to 1,203,972,704 shares.

Detailed figures pertaining to the company's financial status can be found in its 3Q 2008 Financial Report.

Board of Directors
21 Oct 2008


Source: Securities Times

Date: 22 Oct 2008

CN01/ZZ/SW/NK/KM