The application for the additional offering of Changjiang & Jinggong Steel Building Group Co., Ltd. (“Jinggong Steel Building”) has been passed and approved on the 140 meeting of the Securities Public Offering Examination and Approval Committee of China Securities Regulatory Commission (“CSRC”) on June 29, 2011.

Jinggong Steel Structure intends to offer not more than 55,000,000 shares. The net funds amounting to not more than RMB971million, the said amount of which will be utilized to invest in 4 projects. 

Grandall Shanghai Office has been retained as the Issuer's Counsel. Mr.YAO Yi and Mr. ZHANG Yu are the key Grandall attorneys servicing Jinggong Steel Structure.

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