The company's stock price reached its minimum intraday limit for three consecutive trading sessions on 10, 11 and 12 Jun 2008, constituting unusual price movement.

Following consultation, except for assets and equities transfer and acquisition through a private placement which have been disclosed on the China Securities Journal dated 26 Mar 2008, there are no significant undisclosed issues 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 Securities Times and the website http://www.cninfo.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: Securities Times

Date: 13 Jun 2008

CN01/MZ/AR/WH