Liaoyang City hosted a seminar to celebrate the successful listing of China Zhongwang Holdings Limited at the Group’s headquarters on 15 May 2009. Governmental officials of the city, including Mr. Sun Yuanliang, Mr. Tang Zhiguo, Mr. Wang Yixin, Mr. Shang Jiehong, and other representatives from the community had attended the seminar to express their congratulations.

Mr. Zhang Hongwu, Member of Liaoyang Municipal Standing Committee of the CPC and Executive Vice Mayor, was the emcee for the event.

China Zhongwang Holdings Limited of Liaoning Zhongwang Group Co., Ltd. was successfully listed on the Main Board of The Stock Exchange of Hong Kong Limited on 8 May 2009. Offering a total of 1.4 billion shares, China Zhongwang was the first overseas-listed company in the city and the world’s largest initial public offering (IPO) this year in terms of capital raised. The whole IPO process was featured in a video which was shown to the honorable guests to the event. On behalf of the Group, Chairman and President Mr. Liu Zhongtian expressed his gratitude to the Municipal Committee, the Municipal Government, and the community for their full support of the Group’s listing.

Representing the Municipal Government, Mr. Tang Zhiguo, Mayor of Liaoyang City, delivered a speech expressing his hearty congratulations to the successful listing of China Zhongwang and the compliment on the senior management and entire staff of the Group.

Mr. Tang believed that the successful listing of China Zhongwang was an important milestone for both the Group itself and the economic development of the city. Firstly, as the world’s largest IPO for the year, it demonstrated the strong economic development in China which helped gaining confidence from the global market that China will take the lead to recover from the global financial crisis and achieve rapid growth. Secondly, it had proved the success of the Group’s transition from product management to capital management; from a private enterprise to a listed company; from indirect financing to direct financing. The internationalized Zhongwang brand implied that the Group had entered the international capital market and the international industrial and commercial sector with a significant position. Thirdly, the Group’s listing had made an end to the city’s history with no listed company and overseas-listed company, which fully evidenced the capabilities of private enterprises in the city to make new developments.

Mr. Tang wishes the Group to further develop its business and enhance its corporate image at this new starting point; to further optimize the product mix and strengthen its market competitiveness, so as to bring the greatest returns to the city, the society and shareholders. The successful experience of China Zhongwang’s listing is expected to set a good example to other capable enterprises in the city seeking a listing status.

Finally, Mr. Tang called for the greater support from all departments of the city government to create a better environment for the Group’s development.

On behalf of the Municipal Committee, Mr. Sun Yuanliang, Secretary of the Municipal Committee, also sent his greetings to the great success of the Group. The Group’s successful listing despite the adverse market environment during the global financial crisis had attracted worldwide attention and built up positive corporate image in the international capital market, which represented Liaoyang city’s success as well. In view of the market trend arising from globalization, the Group has been decisively adjusting its product mix in recent years to focus on industrial aluminum extrusion products from civil aluminum alloys. Today, the Group has become the world third largest and Asia“s largest aluminum extrusion products manufacturer with a particular focus on research and development. With its experienced management team, the Group has developed a positive corporate image and an excellent relationship with the public as well as the government which were the significant elements for the Group’s successful listing in Hong Kong during this severe economic condition. The Group’s accomplishment has prompted the city’s development and set up a role model for other enterprises planned to be listed. Mr. Sun hopes the Group to leverage on its new attainment as a Hong Kong listed company to further strengthen its innovation and corporate status, and to further develop its business for the sake of returning its investors and shareholders. He also encourages the Group to continue to enhance technical reformation, optimize product mix and strengthen its brand awareness.

Mr. Sun stressed that the Municipal Committee and related departments should conclude and make use of the experience of China Zhongwang’s listing for other upcoming listing projects in the city. He hopes different levels of the government to share a consistent goal of supporting private enterprises for achieving rapid development, confronting the unfavorable financial condition, exploring business opportunities so as to better equip for entering the international capital market.