Fu Industrial Co., Ltd. Zhuhai Foreign Investment Notice.

<P>: Http:// hearing, all members of the Company and the Board of contents of this announcement is true, accurate and complete, not false or misleading statements or material omissions. .</ P> <P> I. Foreign Investment Overview </ P> <P> 2006 年 12 月 29 at the company board meeting, reviewed and approved the establishment of wholly-owned Fu (Hong Kong) Industrial Co., Ltd. of the motion, the decision in the Region .the establishment of wholly-owned Fu (Hong Kong) Industrial Co., Ltd., the authorized capital of $ 2,980,000. .</ P> <P> the amount of this investment within the 30 million yuan, according to "the Shenzhen Stock Exchange Listing Rules" (2005 Amendment) and the provisions of the Articles of Association, the amount of investment within the competence of the Board, no .submitted to shareholders for approval. .</ P> <P> Second, the basic situation of investment projects </ P> <P> Company Name: Fu (HK) Industrial Co., Ltd. </ P> <P> authorized capital: $ 2,980,000 </ P> < .P> Address: 11-12 Tak Hing Street, Kowloon, Hong Kong, Rightful Centre, Room 1505-1508 </ P> <P> Directors: Luhuan Cheng, Huang Chaoyang </ P> <P> nature of business: trade and investment </ P> < .P> Third, the purpose of foreign investment and this investment of listed companies of the situation </ P> <P> After many years of operation, the company in the country's production / sales network has been increasingly improved. .To promote sustainable and stable development of the company, the company decided to set up the wholly-owned Hong Kong Fu (Hong Kong) Industrial Co., Ltd., mainly engaged in trade and investment business. .</ P> <P> Hong Kong has the information and management advantages, the company set up to promote the export of the upstream and related products, and local production and supply of customers, contribute to the conduct of foreign operations; the same time easy to learn advanced management and technology .to capture investment opportunities abroad, promoting the company bigger and stronger. .</ P> <P> four reference file </ P> <P> 1, the board resolution. .</ P> <P> is hereby announced. .</ P> <P> Zhuhai Fu Industrial Co., Ltd. </ P> <P> Board of Directors </ P> <P> 2006 年 12 月 29 日 </ P> <P> </ P>.