Tuesday, 27 May 2008 7:08 PM

Dear friends,

Today, I will not bore you with long narrative report. Instead, I have attached a form of Expenditure of the funding so far.

Income:
Pledged: 16 million Yuan
Received: 2.55 million (By 12:00pm May 26, 2008)
Expenditure: 4.46 million

Please refer to the form attached for more detailed breakdown of the 4.46 million. The breakdown with specific quantity, unit price is compiled by our staff on the ground.

Best wishes,

She Hongyu