Sinochem CWB1 warrants entered the exercise period on December 11, 2007. At present, the warrants are in a deep price state. If investors still hold Sinochem warrants during the exercise period, they should exercise as soon as possible, otherwise they may suffer losses. To ensure the smooth exercise of Sinochem CWB1 warrant investors, please pay attention to the following points:

1. The exercise period of the warrants is 5 trading days from December 11 to December 17, 2007, and the warrants that have not been exercised within the time limit will be cancelled. The non exercise of in price warrants will cause significant losses to investors, such as the recently expired Yili Warrants, which will cause losses of more than 30 million yuan. Therefore, investors must pay attention to the exercise period of warrants, and actively apply for the exercise of in price warrants.

2. Prepare sufficient funds for the exercise of rights. Sinochem warrants are physical settlement warrants, the latest exercise price is 6.52 yuan/share, and the exercise ratio is 1:1. If you exercise 1000 warrants, you should ensure that there is at least 6520 yuan of available funds in your account, as well as a certain amount of share transfer fees and commissions. After the successful exercise, the capital and warrants will be deducted from the account, and the investor will get 1000 shares Sinochem International Positive shares, the shares obtained through successful exercise can be listed and traded on the next trading day. The insufficient funds available in the warrant holder's account will lead to the failure of the exercise and the cancellation of the exercise order.

3. Correctly declare the exercise elements. The exercise code of the warrant is 582011, the buying and selling direction is buying, the declared price is 6.52 yuan/share, and the declared quantity is an integral multiple of one copy. For example, to exercise 1000 Sinochem warrants, investors should conduct the operation of "buying - 582011-1000". It should be noted that the exercise code (582011) is different from the warrant code (580011). In addition, the exercise order is only valid on the same day and can be revoked on the same day.

4. Investors should exercise their rights as soon as possible and check the exercise results in time to avoid delaying the exercise opportunity. A variety of circumstances may lead to the failure of exercise, such as insufficient fund balance in the stock account, wrong declaration of exercise elements, trading system failure, etc. Therefore, investors must check the exercise results as soon as possible after the exercise. If the exercise is successful, the shares obtained will be received on the next trading day and sold upon receipt; If the exercise fails, find out the reason and re declare the exercise. Due to the different settings of the trading systems of various securities companies on the exercise of warrants, if investors encounter special problems during the exercise operation, please contact the business department where the stock account is opened in time. At the same time, the warrants are in the deep price, and investors should exercise as soon as possible, so that there is ample time to take remedial measures even if the exercise fails.

　　( citic securities )