3rd Quarter Results

Statement of financial position 6/30/2010 6/30/2009 12/31/2009 CNY CNY CNY Non-current assets Property Plant and Equipment 398,093.79 497,689.01 458,640.15 Long term investment 352,042,500.00 562,442,500.00 215,242,500.00 Intangible assets 153,340,000.04 - 162,360,000.00 Total non-current assets 505,780,593.83 562,940,189.01 378,061,140.15 Current Assets Trade receivable and other 21,213,755.19 268,744.98 8,534,033.87 receivables Cash and cash equivalents 10,203,802.78 12,784,654.79 11,833,980.63 Financial assets at fair 20,000,000.00 156,800,000.00 value through profit or loss Total current assets 51,417,557.97 13,053,399.77 177,168,014.50 Total assets 557,198,151.80 575,993,588.78 555,229,154.65 Current Liabilities Trade payable and other 4,498,093.60 1,064,345.56 - payables Total liabilities 4,498,093.60 1,064,345.56 - Capital and Reserves Share capital 221,999,000.00 221,999,000.00 221,999,000.00 Capital surplus 154,404,345.60 240,400,000.00 163,424,345.56 Surplus reserve 49,336,357.17 49,336,357.17 49,336,357.17 Retained earnings 127,790,112.94 62,904,993.31 120,232,297.85 Foreign currency translation (829,757.51) 288,892.74 237,154.07 Total shareholder's equity 552,700,058.20 574,929,243.22 555,229,154.65 Total liabilities and 557,198,151.80 575,993,588.78 555,229,154.65 shareholder's equity statement of comprehensive income 1/1/2010-6/30/ 1/1/2009-6/30/ 1/1/2009-12/31/ 2010 2009 2009 CNY CNY CNY Revenue 14,521,065.62 16,151,143.21 80,230,014.55 Cost of sales (4,742,395.27) (5,591,522.54) (10,929,073.52) Gross profit 9,778,670.35 10,559,620.67 69,300,941.03 Selling expenses (1,841,344.30) (2,826,692.33) (2,346,364.98) Administrative expenses (379,510.96) (883,989.38) (2,778,332.55) Profit from operation 7,557,815.09 6,848,938.96 64,176,243.50 Income Taxation Profit for the year 7,557,815.09 6,848,938.96 64,176,243.50 Other comprehensive income Foreign exchange gains/(loss) (1,066,911.58) 288,892.74 237,154.07 Total comprehensive income for 6,490,903.51 7,137,831.70 64,413,397.57 the year Statement of cash flow 1/1/2010-6/30/ 1/1/2009-30/ 1/1/2009-12/31/ 2010 06/2009 2009 CNY CNY CNY Cash flows from operating activities Cash generated from operations (563,266.27) 3,736,692.43 52,837,756.94 Net cash generated from (563,266.27) 3,736,692.43 52,837,756.94 operating activities Cash flows from investing activities Cash pay for investment (50,000,000.00) Purchases of fixed assets - Net cash used in investing (50,000,000.00 activities Cash flows from financing activities Proceeds from issuance of ordinary shares Net cash used in financing activities Gains(Losses) on foreign (1,066,911.58) 288,892.74 237,154.07 exchange translations Net (decrease)/increase in cash (1,630,177.85) 4,025,585.17 3,074,911.01 and bank balances Cash and bank balances at 11,833,980.63 8,759,069.62 8,759,069.62 beginning of year Cash and bank balances at end of 10,203,802.78 12,784,654.79 11,833,980.63 year statement of changes in equity Share capital Capital suplus Suplus Accumulated Foreign Total reserve profits currency translation CNY CNY CNY CNY CNY CNY Balance at 1 221,999,000.00 163,424,345.56   49,336,357.17 120,232,297.85 237,154.07 555,229,154.65 January 2010 Comprehensive income Profit and 7,557,815.09 7,557,815.09 loss Other comprehensive income Currency (1,066,911.58) (1,066,911.58) translation difference Total 7,557,815.09 (1,066,911.58) 6,490,903.51 comprehensive income transaction with owners Issue of share capital Adjustment to (9,019,999.96) (9,019,999.96) capital surplus Adjustment to share capital Balance at 30 221,999,000.00 154,404,345.60   49,336,357.17 127,790,112.94 (829,757.51) 552,700,058.20 June 2010 Share capital Capital suplus Suplus Accumulated Foreign Total reserve profits currency translation CNY CNY CNY CNY CNY CNY Balance at 1 221,999,000.00 240,400,000.00   49,336,357.17 56,056,054.35 567,791,411.52 January 2009 Comprehensive income Profit and 6,848,938.96 6,848,938.96 loss Other comprehensive income Currency 88,892.74 288,892.74 translation difference Total 6,848,938.96 288,892.74 7,137,831.7 comprehensive income transaction with owners Issue of share capital Adjustment to capital surplus Adjustment to share capital Balance at 30 221,999,000.00 240,400,000.00   49,336,357.17 62,904,993.31 288,892.74 574,929,243.22 June 2009 statement of changes in equity (Continued) statement of changes in equity (Continued) Share capital Capital suplus Suplus Accumulated Foreign Total reserve profits currency translation CNY CNY CNY CNY CNY CNY Balance at 1 221,999,000.00 240,400,000.00   49,336,357.17 56,056,054.35 - 567,791,411.52 January 2009 Comprehensive income Profit and 64,176,243.50 64,176,243.50 loss Other comprehensive income Currency 237,154.07 237,154.07 translation difference Total 64,176,243.50 237,154.07  64,413,397.57  comprehensive income transaction with owners Issue of share capital Adjustment to (76,975,654.44) (76,975,654.44) capital surplus Adjustment to share capital Balance at 31 221,999,000.00 163,424,345.56   49,336,357.17 120,232,297.85 237,154.07 555,229,154.65 December 2009 China cdm exchange centre Limited Interim Financial statement June 2010
UK 100

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