3Q '08 Net Loss: RMB 9.4 Mln

As of the end of 3Q 2008:

Total assets: RMB 284,812,753
Shareholders' equity (deficit): RMB (202,877,275)
(Negative) net asset value per share: RMB (0.975)

1Q-3Q 2008:

Net profit (loss): RMB (34,858,687)
Basic earnings (loss) per share: RMB (0.167)
Basic earnings (loss) per share after deducting non-recurring gains and losses: RMB (0.157)
Net cash flow per share arising from operating activities: RMB 0.029

3Q 2008:
Net profit (loss): RMB (9,402,996)
Basic earnings (loss) per share: RMB (0.045)

Board of Directors
28 Oct 2008


Source: Shanghai Stock Exchange

Date: 30 Oct 2008

CN01/IS/LZ/NK/KM