09:41 GOLDIGIT ATOM<02362>-Announcement & Resumption of Trading-4 * Anti-inflammatory Development stage 2005, commence 2006, launch (lornoxicam) and analgesic completed production to market * Antibiotic Development stage 2005, commence 2006, launch (Faropenem) completed production to market * Antibiotic Development stage 2005, commence 2006, launch (4AA) completed production to market * Treatment for cancer Research works Plan is to be Plan is to be (Endostatin) and other angiogenic submitted for patent finalised upon finalised upon diseases registration patent is obtained patent is obtained At present, Beijing Aleznova has made arrangements to outsource production for four of its products to an independent manufacturer. The production schedule for these four products will commence in 2005: * (lornoxicam) in May, * (4AA) in June, * (Montelukast Sodium) in November, * (Faropenem) in December. To date, it is anticipated that Beijing Aleznova will not have to incur further research and development cost to these four products as the development stage has been completed, and there shall be no additional funding requirement except for cost payable to the manufacturer which may be financed by credits and internal resources. It is anticipated that the four products will generate revenue in 2006. NC1205 has just commenced its pre-clinical study and it is expected that production may only commence in 2009. However, Beijing Aleznova may opt to transfer the patent or license at the appropriate stage at an appropriate price. It is anticipated that the total additional cost of RMB20,000,000 will be required to complete the development and clinical testing till 2008. It is anticipated that Beijing Aleznova will use internal resources and/or seek and obtain funds from banks and other financial institutions in the PRC to meet the funding requirements. Beijing Aleznova has filed patent application relating to * (Endostatin) the business plan of which will not be finalised until the patent is obtained. Based on the consolidated management accounts of Golden Crown, as at 31 December 2004, the unaudited total asset and net assets of Golden Crown was approximately HKD5,337,000 and HKD1,182,000 respectively. The unaudited net revenue for the year ended 31 December 2004 was approximately HKD4,739,000, unaudited profits before and after tax were approximately HKD663,000 and HKD601,000 respectively. The accounts of Golden Crown were prepared in accordance with accounting principles generally accepted in Hong Kong. REASONS FOR THE ACQUISITION As stated in the latest interim report, the Company continues to operate under a very competitive environment and there is no sign of recovery in the foreseeable future. The Company hence has been looking for investment opportunities that could bring more return to Shareholders. The Acquisition reflects the Company's strategy of diversifying the