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• Revenue: -94.4% (2Q09), -88.6% (1H09)
• Net Profit: NM (2Q09), NM (1H09)
• Press Release: Current order book of RMB128 million will be delivered when its customers resolve the technical problem and request delivery
• Group proposes to invest RMB457.2 million for the industrial production of submersible linear oil pumping units - a local government-supported project
• Outlook: In order to enhance our product mix and include more mainstream equipment for oilfields, the Group is proposing a capital investment of approximately RMB 457.2 million for the industrial production of submersible linear oil pumping units
• The Group will use its internal sources of funds and external financing such as term loans from PRC banks to finance the operations of the proposed investment.

FINANCIAL RECORDS

Revenue (RMB '000)

FY 1Q 2Q 3Q 4Q Total
2009 1,520 1,466
2008 0 26,254 8,048 5,080 39,382
2007 6,208 28,086 82,841 101,738 218,873
2006 NA NA 42,202 71,213 149,367
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Earnings (RMB '000)

FY 1Q 2Q 3Q 4Q Total
2009 (4,516) (6,420)
2008 (15,005) (9,341) (21,755) (73,865) (119,966)
2007 (741) 15,172 43,106 82,576 140,113
2006 NA NA 23,932 59,813 97,836
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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 = $1.015
EPS = $(0.015) (6M FY09)
No of Shares = 728,595,000
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ANALYSTS' TARGET PRICES

Broker Recommendation Target Price Date
NA