Sina Finance

Shandong Shanda Huate Technology Co., Ltd. Announcement on Holding Company Signing Major Business Contracts

http://www.sina.com.cn 05:47, November 9, 2007 China Securities News - China Securities Network

Shandong, controlled by the Company Shanda Huate Environmental Protection Engineering Co., Ltd. (hereinafter referred to as "Environmental Protection Engineering Company", with 70.2% of the shares held by the Company) recently signed a major business contract. In accordance with the Shenzhen Stock Exchange Listing Rules, the relevant information is hereby announced as follows:

The Environmental Protection Engineering Company recently signed a contract with Shandong Weiqiao Aluminum Power Co., Ltd. to undertake the general contracting construction of the 8 × 240T/H boiler flue gas desulfurization device of the company's aluminum oxide supporting first steam station.

According to the contract arrangement, the project includes the process system design, equipment selection, procurement, transportation and storage, manufacturing and other design, commissioning, test and inspection, trial operation, assessment and acceptance, defect elimination, training and other contents of the flue gas desulfurization device, and the wet limestone gypsum flue gas desulfurization technology is adopted. The total contract price of the project is 71 million yuan.

According to the project schedule, the project is planned to pass the environmental protection acceptance on October 30, 2008.

Shandong Weiqiao Aluminum Power Co., Ltd. is located in Zouping Economic Development Zone, Shandong Province. The implementation of the above contract will play a positive role in controlling air pollution in this area, and will also have a positive impact on promoting the development of the company's environmental protection industry.

It is hereby announced that

Shandong Shandahuate Technology Co., Ltd

November 9, 2007

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