SUNTEK TECHNOLOGY CO.,LTD (600728)

Certain Shareholders Reach 2/3 Voting Threshold

As of the date of this announcement, certain holders of non-tradable shares of the company who have put forth a proposal to implement share reform have met the 2/3 majority threshold required by relevant rules. However, a detailed share reform scheme has not yet been presented. The company has not retained sponsors for its prospective share reform and will not be in a position to disclose any share reform schemes within the next week.

Investors are advised to exercise caution when dealing in the company's shares.

Board of Directors
13 Oct 2008


Source: Shanghai Stock Exchange

Date: 13 Oct 2008

CN01/CW/SW/JE/MM


Copyright NewsnChina 2009