As the company suffered losses for two consecutive years in 2004 and 2005, pursuant to regulations of the Shenzhen Stock Exchange (SSE), special treatment has been attached to the company’s shares and a delisting warning has been in place since 4 April 2006.

According to the 2006 Annual Report audited by Shenzhen Dahua Tiancheng Certified Public Accountants in April 2008, the company’s 2006 net profit was RMB 18,660,262 and net loss after deducting non-recurring gains and losses was RMB 16,237,528. Therefore, it is no longer necessary for the company to continue to attach special treatment to the trading of its shares or for the risk of delisting warning to remain in place.

The SSE has approved to remove the delisting warning, but other special parameters will be maintained. The company’s ticker symbol for A-share and B-share will be changed into 'SST Shengrun' and 'ST Shengrun B', respectively. In addition, the stock codes for both shares will remain unchanged as '000030' and '200030'.

In compliance with the Stock Listing Rules of the SSE, trading in shares of the company will be suspended for a day on 30 Oct 2008. The intraday limit on trading in its shares will remain at 5%.

Board of Directors
30 Oct 2008


Source: Securities Times

Date: 30 Oct 2008

CN01/BJ/JL/NK/KM