At the 2007 Annual General Meeting of Shareholders held on 7 Apr 2008, the following proposals were examined and approved:

1. the Working Report of the Board of Directors
2. the Working Report of the Board of Supervisors
3. the 2007 Final Accounting Report
4. the 2008 Financial Budget Report
5. a report regarding general provisions for bad loans of 2007
6. the 2007 Profit Distribution Scheme
7. to employ the company's auditor for 2008 and to decide its payment
8. a proposal regarding related-party transactions in 2007 and the implementation of management approach for related-party transactions
9. a report regarding the evaluation results of directors and senior managers
10. a report regarding the evaluation results of supervisors and peer evaluation results regarding external supervisors
11. a scheme regarding the liability insurance of directors, supervisors and senior managers
12. a proposal regarding credit business provided for Deutsche Bank
13. a proposal regarding credit business provided for Shougang Group Co. Ltd, State Grid Co. Ltd and Runhua Group Co. Ltd

Board of Directors
8 Apr 2008


Source: Shanghai Securities News

Date: 8 Apr 2008

CN01/DM/BT/GB