A report from our newspaper (reporter Ma Lan) Yesterday, the warrant market once again staged a tiger headed and snake tailed trend. Most varieties open low and go high in the morning, and fall back again in the afternoon. The three doomsday round warrants that are about to expire and exercise are among the top losers. Among them, Maanshan Iron and Steel Co., Ltd. CWB1 fell sharply at the end of the trading day, becoming the largest variety in the stock market yesterday. By the end of the day, the warrant had closed at 0.906 yuan, down 11.18%, breaking the one yuan mark at one fell swoop, hitting a new low of 0.900 yuan since its listing.

The reporter learned that yesterday, Masteel Prompting announcement on the exercise of "Masteel CWB1" warrants in 2008 was released to the public. According to the data, the second exercise period of the "Masteel CWB1" warrants was from November 17 to November 28, 2008. During the exercise period, the "Masteel CWB1" warrants will stop trading. The last trading day of the "Masteel CWB1" warrants was November 14, 2008.

At the same time, the exercise price of the "Masteel CWB1" warrants adjusted by dividend and ex dividend is 3.26 yuan/share, and the exercise ratio is 1:1. As of the termination date of the exercise of the "Masteel CWB1" warrants, the "Masteel CWB1" warrants that have not yet been exercised will be cancelled, and the losses arising therefrom shall be borne by the investors themselves.