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In accordance with the Notice on Matters Related to the Creation of Youngor Warrants by Securities Companies issued by Shanghai Stock Exchange, Changjiang Securities Co., Ltd. has applied to Shanghai Stock Exchange for the creation of Youngor put warrants and has been approved, and China Securities Depository and Clearing Corporation Limited Shanghai Branch has gone through the corresponding registration procedures. The number of Youngor put warrants that the Company is allowed to create this time is 5000000, and the terms of the warrants are identical with those of the original Youngor put warrants (transaction abbreviation: Youngor QCP1, transaction code 580992, exercise code 582992).
The listing date of Youngor put warrants created by the Company is May 25, 2006.
It is hereby announced.
Yangtze River negotiable securities company with limited liability
May 25, 2006
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