RMB 812.16 Mln in Cash to be Distributed to Shareholders

The company plans to issue a cash dividend of RMB 6.00 (tax included), or RMB 5.40 (tax deducted) for every 10 shares held on the basis of 1,353,600,000 total issued shares as of the end of 2008. A total of RMB 812,160,000 in cash will be distributed and remaining undistributed net profit of RMB 1,225,830,000 will be retained for distribution in the following year.

A proposal regarding the dividend payment was examined and approved at the 2007 Annual General Meeting of Shareholders held on 7 Apr 2008. Details can be found in the China Securities Journal, the Shanghai Securities News, the Securities Times and the Securities Daily.

Shareholders of record on 23 Apr 2008 are entitled to receive the dividend payment. The ex-dividend date is 24 Apr 2008. The cash dividend will be distributed to shareholders on 30 April.

Contact information:
Address: Securities Department, 21 North Gongye Road, Jinan, Shandong Province
Tel: 0531-88865480
Fax: 0531-88865265

Board of Directors
18 Apr 2008


Source: Securities Times

Date: 18 Apr 2008

CN01/LZ/KM/GB