Sponsored by the Tianjin Municipal People’s Government, the All China Federation of Industry & Commerce and the Association for Corporation Growth (ACG), the First China International Private Equity Forum was held ceremoniously at Tianjin Tianjin Binhai International Convention & Exhibition Center from June 6 to June 8, 2007.

As the ‘No. 1 of 2006 Enterprises with the Most Growth Potential in China’, our company drew wide attention immediately at the exhibition. Nearly 70 domestic and foreign fund and investment setups came to discuss business with us, and they all expressed great interest in our resources recycling. We negotiated in detail with a lot of investment institutions including Jordan (China) Capital Co., SIERRA Asia Investment Co., CPC Investment Management Co. that were registered with ACG, and PROPARCO of AFD, United Overseas Bank Group, Sumitomo (Asia) Capital Co., Marubeni Corporation Capital Co., Orchid Asia Group Management Co.,Ltd.. And by way of “quick appointment”, we also had discussions with SICO, Zhixin Investment Group, and good effect was achieved. Some investment institutions believed that our company is one of the companies with the best quality and the greatest development potential in the exhibition, and intended to pay close attention to and study our company so as to enter a material cooperation as soon as possible.