10:06 HUA YI COPPER<00559>&SOLARTECH INT'L<01166>-J.Ann.&Resume-3 A circular containing details of the above, together with notices convening the SGMs, will be despatched to the shareholders of Hua Yi Copper as soon as practicable. REGISTRATION OF CHINESE NAME WITH THE COMPANIES REGISTRY Solartech further announces that it has registered its Chinese name "*" with the Companies Registry in Hong Kong with effect from 16 April 2005. Its English name remains the same. INCREASED TRADING ACTIVITY Hua Yi Copper has noted the recent increases in the trading volume of the Shares on 25 April 2005 and wish to state that it is not aware of any reasons for such increases. Save as disclosed in this announcement, Hua Yi Copper confirms that there are no negotiations or agreements relating to intended acquisitions or realisations which are discloseable under Rule 13.23 of the Listing Rules, and neither is Hua Yi Copper aware of any matter discloseable under the general obligation imposed by Rule 13.09 of the Listing Rules, which is or may be of a price sensitive nature. SUSPENSION AND RESUMPTION OF TRADING Trading in the shares of Hua Yi Copper and Solartech were suspended at the request of Hua Yi Copper and Solartech respectively from 2:30 p.m. on 25 April 2005. Hua Yi Copper and Solartech have both applied for the resumption of trading in the shares of Hua Yi Copper and Solartech respectively with effect from 9:30 a.m. on 28 April 2005. PLACING OF EXISTING SHARES AND SUBSCRIPTION OF NEW SHARES BY SOLARTECH Agreement to place 25,912,000 existing Shares dated 26 April 2005 Parties: The Vendor and the Top-Up Placing Agent. Top-Up Placing The Top-Up Placing Agent is independent of and not connected with the Agent: directors, chief executive or substantial shareholders of the Vendor, each member of the Group or any of their respective associates. The Top-Up Placing Agent will receive a placement commission of 3% of the gross proceeds of the Top-Up Placing. Placees: The Top-Up Placing Shares will be placed with not less than six placees who will be independent of and not connected with the directors, chief executive or substantial shareholders of the Vendor, each member of the Group or any of their respective associates. It is expected that no placee will become a substantial shareholder of Hua Yi Copper as a result of the Top-Up Placing. Number of Top-Up 25,912,000 Shares to be placed, representing approximately 4.89% of Placing Shares: the existing issued share capital of Hua Yi Copper of 529,562,500 Shares and approximately 4.66% of the issued capital of Hua Yi Copper as enlarged by the issue of 25,912,000 new Shares under the Subscription (but without taking into account the New Shares Placing). The Top-Up Placing is fully underwritten by the Top-Up Placing Agent. Top-Up Placing price: HK$0.93 per Top-Up Placing Share (exclusive of stamp duty, brokerage (if any), Stock Exchange trading fees, investor compensation