Stock Hits Minimum Intraday Low

The company's stock price reached its minimum intraday limit over three consecutive trading sessions on 23, 24 and 25 Nov 2008, thus constituting an unusual price movement.

Following verification, the board of directors confirms that there is no need to correct or supplement the previously disclosed information, nor are there any media reports or market rumours that might materially impact the company's stock price. No significant undisclosed information has been leaked by the company or relevant persons.

Amoi Electronics Co., Ltd., the company's controlling shareholder, confirms that except for pending solutions on the company's current financial difficulties, there are no significant undisclosed issues, plans, negotiations, intentions or agreements outstanding, pursuant to relevant regulations, nor is there any remaining undisclosed information that might materially impact the company's stock price.

The China Securities Journal, the Shanghai Securities News and the Shanghai Stock Exchange website (www.sse.com.cn) are the company's designated media for information disclosure. Investors are advised to exercise caution when dealing in the company's shares.

Board of Directors
27 Nov 2008


Source: Shanghai Stock Exchange

Date: 27 Nov 2008

CN01/BJ/JL/JW