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 Finance and Economics

Announcement of Guoyuan Securities on Cancellation of Baotou Steel Share Warrants

http://www.sina.com.cn 05:53, January 24, 2007 Panorama Network - Securities Times

According to the Notice on Matters Related to the Creation of Baogang Warrants by Securities Companies issued by Shanghai Stock Exchange, Guoyuan Securities Co., Ltd. applied to Shanghai Stock Exchange for cancellation Baotou Steel The warrant has been approved and China Securities Depository and Clearing Corporation Limited Shanghai Branch has gone through the corresponding registration procedures. The number of Baogang Share Warrants approved to be cancelled by the Company this time is 6 million. The terms of the warrant are the same as those of Baogang Share Warrants (warrant transaction code: 580002, warrant transaction abbreviation: Baotou Steel JTB1 , exercise code of the warrant: 582002, short form of exercise of the warrant: ES070330).

This cancellation of the Company

Baotou Steel The effective date of cancellation of the warrant is January 24, 2007. (Relevant information has been disclosed on the company's website, please log in Guoyuan
negotiable securities
Www.gyzq.com.cn)

It is hereby announced.

Guoyuan Securities Co., Ltd

January 24, 2007


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