SHENZHEN HUAQIANG INDUSTRY CO., LTD (000062)

Share Transfer of Independent Director Violated Regulations

On 12 Nove 2007 Zhou Yulin, an independent director of the company, purchased 2100 shares of the company and sold 525 shares on 16 Nov 2007. This behavior violates related regulations.

The company has requested its directors, supervisors and management personnel to comply with related policy so as to avoid a similar event in the future.

Board of Directors
20 Nov 2007


Source: Securities Times

Date: 20 Nov 2007

CN01/MZ/BT/GB


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