At the 3rd Meeting of the 5th Board of Directors held on 13 Jun 2008, the following proposals were examined and approved:

1. to increase the registered capital of Shenzhen Jinhui Futures Brokerage Co. Ltd
The company plans to increase the registered capital of Shenzhen Jinhui Futures Brokerage Co. Ltd, the company’s wholly-owned subsidiaries, from RMB 30 mln to RMB 80 mln.
2. to acquire a 55% stake in Guangxi Wuxian Panlong Lead-Zinc Mining Co. Ltd held by Zhongjin Mining Co. Ltd and Fujian Quanzhou Fengyuan Real Estate Development Co. Ltd for RMB 341 mln
3. to adjust the use of RMB 11.5 mln previously-raised funds to supplement working capital
The proposals must be submitted to a meeting of shareholders for further examination.
4. to approve the resignations of Yang Chuangeng, Shui Guangjun and Shen Ping as Independent Directors and to nominate Wu Lifan, Chen Shaochun and Zhu Weiping for the position of Independent Director
The proposals must be submitted to a meeting of shareholders for discussion.
5. to hold its 2nd Special General Meeting of Shareholders on 30 Jun 2008 at 10:00 am in the multifunction hall of the company on the 24th floor of the China Colour Building at 6013 Shen South Road, Futian District in Shenzhen

Board of Directors
14 Jun 2008


Source: Securities Times

Date: 14 Jun 2008

CN01/DM/BT/WH