Recently, the company purchased a certain portion of equity in Nantong Jiangshan Agrochemical Co., Ltd.(Jiangshan Coporation) via the trading system of the Shanghai Stock Exchange System. As of market close on 4 Nov 2008, the company has become the largest shareholder of Jiangshan Corporation, with 57,789,418 shares, accounting for 29.19% of the total shares outstanding.

Board of Directors
4 Nov 2008


Source: Shanghai Stock Exchange

Date: 5 Nov 2008

CN01/AX/MR/JE/KM