At present, holders of non-tradable shares of the company have neither put forth a new proposal related to the share reform nor put forth any share reform scheme for discussion. The company has not retained a sponsoring institution and further, will not be in a position to disclose any share reform scheme within the next month.

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

Board of Directors
5 Nov 2008


Source: Shanghai Stock Exchange

Date: 6 Nov 2008

CN01/NS/MR/JE/KM