Due to the increase in the cost of raw materials, the company's net losses for fiscal year 2008 are projected to be between RMB 9 mln and RMB 12 mln. Its net profit for 2007 was RMB 90,052,900. Detailed figures pertaining to the company's financial status can be found in its 2008 Annual Report.

In addition, because of negligence on behalf of some of the company's workers, there may be discrepancies between the above-mentioned data and data released in the company's 2008 Annual Performance Projection, in which case, the former data supersedes the latter.

Board of Directors
30 Oct 2008


Source: Shanghai Stock Exchange

Date: 30 Oct 2008

CN01/RP/JL/JE/KM