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Notice Of Issuing "Detailed Rules For Electronic Offline IPO On Shanghai Market" - All Units Related To New Shares Offline Issuance

Date 24/01/2008

To rationalize the electronic offline IPO of companies who plan to list on the Shanghai Stock Exchange (SSE), the China Securities Depository and Clearing Corporation Limited, together with the SSE and the Securities Association of China, formulated the "Detailed Rules for Electronic Offline IPO on Shanghai Market" (shortened hereafter as "Detailed Rules") according to the requirements of the China Securities Regulatory Commission (CSRC). The "Detailed Rules" has been approved by the CSRC and is hereby publicized. Listed companies are required to follow the "Detailed Rules".