SICHUAN HEJIA CO.,LTD (600093)

Asset Swap Approved

At the 13th Meeting of the 4th Board of Directors, held on 28 Oct 2008, the following proposals were examined and approved:

1. a related-party transaction related to an asset swap via private placement
2. a corporate governance rectification report regarding the issues investigated by the China Securities Regulatory Commission, Sichuan Bureau via an on-site inspection
Detailed information pertaining to the report can be found on the website of the Shanghai Stock Exchange (www.sse.com.cn), dated 4 Nov 2008.

The board of directors plans to convene its 1st 2008 Extraordinary General Meeting of Shareholders on 20 Nov 2008, at which the above-mentioned proposals will be examined and considered for approval.

Board of Directors
28 Oct 2008


Source: Shanghai Stock Exchange

Date: 04 Nov 2008

CN01/CW/RL/NK/KM
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