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 Sina Finance

Announcement of Guoyuan Securities on Cancellation of Capital Stock Warrant

http://www.sina.com.cn 05:18, April 4, 2007 Panorama Network - Securities Times

In accordance with the Notice on Matters Related to the Establishment of Capital Stock Warrants by Securities Companies issued by Shanghai Stock Exchange, Guoyuan Securities Co., Ltd. applied to Shanghai Stock Exchange for cancellation Capital stock 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 Capital Stock Warrants approved to be cancelled by the Company this time is 2 million. The terms of this warrant are the same as those of the original Capital Stock Warrants (warrant transaction code: 580004, warrant transaction abbreviation: First JTB1 , exercise code of the warrant: 582004, short form of exercise of the warrant: ES070423).

The effective date of the cancellation of the Capital Share Warrant cancelled by the Company is April 4, 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

April 4, 2007

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