The stock price of the company reached its maximum intraday limit in three consecutive trading sessions on 26, 29 and 30 Dec 2008, of which the increase represents a deviation of 20%, thus constituting an unusual price movement.

The company's controlling shareholder, Beijing Tianqiao Beida Jade Bird Sci-Tech Co.,Ltd, and effective controller, Beijing Dongfang Guoxing Science & Technology Development Co., Ltd, confirmed by letter, stating that there are no significant undisclosed sensitive issue from the company, that would impact the company's stock price. which include but not limited to the events of non-public issue, debt or business restructuring, asset stripping, or asset injection, etc.

The board of directors confirm that, in the foreseeable two weeks, there are no significant undisclosed issues, nor plans, negotiations, intentions or agreements to relevant regulations that materially impact the company's stock price or the prices of its derivatives.

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.

Source: Shanghai Stock Exchange

Date: 31 Dec 2008

CN01/JW/VW/JW