3Q 2008 Net Loss: RMB 22.7 Mln

As of the end of 3Q 2008:

Total assets: RMB 1,328,358,655
Shareholders' equity: RMB 424,146,610
Net asset value per share: RMB 1.52

1Q-3Q 2008:

Net profit (loss): RMB (59,618,136)
Basic earnings (loss) per share: RMB (0.21)
Basic earnings (loss) per share after deducting non-recurring gains and losses: RMB (0.21)
(Negative) diluted return on equity: (14.06)%
(Negative) diluted return on equity after deducting non-recurring gains and losses: (14.05)%
Net cash flow per share arising from operating activities: RMB 0.05

3Q 2008:

Net profit (loss): RMB (22,775,303)
Basic earnings (loss) per share: RMB (0.08)
(Negative) diluted return on equity: (5.37)%
(Negative) diluted return on equity after deducting non-recurring gains and losses: (5.36)%

Board of Directors
24 Oct 2008


Source: Shanghai Stock Exchange

Date: 27 Oct 2008

CN01/IS/LZ/NK/KM