As the company and its controlling shareholder, Xining Guoxin Investment Holdings Co., Ltd., are preparing for a major asset restructuring within the company and as the outcome is uncertain, trading in the company's shares will be suspended as of 5 Nov 2008, in compliance with relevant regulations.

Trading in the company's shares will resume following disclosure of a major asset restructuring scheme, should the company convene a meeting of the board of directors to examine the scheme within 30 days starting from 5 Nov 2008; otherwise, trading will resume on 5 Dec 2008.

Board of Directors
4 Nov 2008


Source: Shanghai Stock Exchange

Date: 5 Nov 2008

CN01/NS/MR/JE/KM