At the 5th Meeting of the 5th Board of Directors and the 4th Meeting of the 5th Board of Supervisors, both held on 30 Oct 2008, the following proposals were examined and approved:

1. the report on the write-off of fixed assets for 3Q 2008
2. the 3Q 2008 Report
3. the daily related-party transactions for 2008

Proposal 3 must be submitted to the next general meeting of shareholders for examination.

Board of Directors
31 Oct 2008


Source: Shanghai Stock Exchange

Date: 31 Oct 2008

CN01/NS/MR/NK/KM