09:40     SHANGHAI QINGPU<08115> - Announcement (2)                           

                                                                              
    Mr. Zhou Wen Jie and the independent non-executive                        
    Directors are Mr. Li Long Ling, Mr. Chen Wen Gui, Mr.                     
    Yang Chun Bao and Mr. Wang Guo Zhong.                                     
                                                                              
    This announcement, for which the Directors                                
    collectively and individually accept full                                 
    responsibility, includes particulars given in                             
    compliance with the GEM Listing Rules for the purpose                     
    of giving information with regard to the Group. The                       
    Directors, having made all reasonable enquiries,                          
    confirm that, to the best of their knowledge and                          
    belief: (1) the information contained in this                             
    announcement is accurate and complete in all material                     
    respects and not misleading; (2) there are no other                       
    matters the omission of which would make any statement                    
    in this announcement misleading; and (3) all opinions                     
    expressed in this announcement have been arrived at                       
    after due and careful consideration and are founded                       
    on bases and assumptions that are fair and reasonable.                    
                                                                              
    The above announcement is a summary only. For the full                    
    version of this announcement, please refer to the                         
    "Latest Company Announcements" page on the GEM                            
    website of www.hkgem.com.                                                 
                                                                              
    * For identification purpose only