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• Revenue: -32.7% (2Q09), -36.9% (1H09)
• Net Profit: -22.4% (2Q09), -51.7% (1H09)
• Outlook: The overall performance of the Group in the second quarter of 2009 has improved over those of the fourth quarter of 2008 and the first quarter of 2009.
• Although the Group has seen certain degree of recovery in the selling prices of its products, management expects the operating environment of its industry to remain challenging in the second half year of 2009 in view of the volatility of oil prices which may affect its products' gross margin and the sustainability of the recovery of the selling prices of its products.
• To mitigate the impact, the Group will continue to focus on building its customer base and remain disciplined in its cost control measures.
• Barring unforeseen circumstances, the Group is cautiously optimistic of its abilities to continue to remain profitable in 2009.

FINANCIAL RECORDS

Revenue (RMB '000)

FY 1Q 2Q 3Q 4Q Total
2009 147,017 199,459
2008 253,031 296,230 319,028 213,269 1,081,558
2007 279,347 241,444 327,418 340,678 1,188,887
2006 NA NA 250,707 NA 1,000,090
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Earnings (RMB '000)

FY 1Q 2Q 3Q 4Q Total
2009 2,733 17,107
2008 19,026 22,043 18,734 118 59,921
2007 34,160 20,783 15,238 23,197 93,378
2006 NA NA 25,463 NA 96,974
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Dividends

FY Interim Final Special (SGD)
NA
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Bonus / Rights / Stock Split

Date Type Details
NA
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Share Data (RMB)

NAV = $0.87
EPS = $0.0267 (6M FY09)
No of Shares = 640,000,000
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA