Application For RMB 800 Mln Corporate Bond Issue Approved

The company's application for issuing up to RMB 800 mln worth of corporate bonds was conditionally approved by the Issuance Review Committee of the China Securities Regulatory Commission. Additional information will be disclosed upon receipt of a written approval notice from the CSRC.

Board of Directors
21 Nov 2008


Source: Shanghai Stock Exchange

Date: 21 Nov 2008

CN01/NS/MR/VW/JW