Porda International (Finance) PR Group

Fufeng Group Limited (HKG:0546), a leading vertically integrated manufacturer of corn-based biochemical products in China, today announced that Fufeng has been selected as a constituent of Hang Seng Composite Index (HSCI), effective 8 March 2010.

Piper Jaffray Asia Securities Limited has rated Fufeng (HKG:0546) at "Overweight" and has raised its target price from HK $5.00 to HK $6.00 with the improved earnings estimates. Piper Jaffray Asia Securities Limited revised up its FY09E-11E earnings estimates by 10%-11%, as the securities had increased the ASP assumptions for MSG for 4Q09E and FY10E by 6% and 6%, respectively.

The previous analysis in different dimensions including degree of production concentration, strength of industry barrier and the business model lead a conclusion that there are now clearly recognisable tiers in China's glutamic acid & MSG industry. Fufeng stands out of its peers.

China's urbanization and economic development have procured the flourishing development of the food industry and the catering industry. As one of the invisible champions in the background, the glutamic acid and MSG industry has also grown stably. China is the new centre of the worldwide glutamic acid and MSG industry. Its vast market provides a good platform for the industry. On this foundation, this report aims to probe into the important issues of the existing layout and "two stabilities" in the industry.

Sauces & Condiments industry is the "hidden champion" behind food processing and catering industries and the biggest slice of it is the market for taste- enhancing condiments. Monosodium Glutamate (MSG), being the representative of taste-enhancing condiments, thus has a very important position.

One of the PRC's leading gold production enterprises, Zhaojin Mining Industry Company Limited's (HKG:1818) Board of Directors approved to adopt the share appreciation rights plan on 21 December 2009.

SBI E2-Capital maintained Fufeng (HKG:0546) rating at 'buy', and set its target price at 5.98 Hong Kong dollars. SBI E2-Capital estimated Fufeng will record RMB 915.3 million in 2009.

One of the PRC's leading gold production enterprises, Zhaojin Mining Industry Company Limited ("Zhaojin Mining" or the "Company", (HKG:1818), together with its subsidiaries, the "Group") is pleased to announce that on 14 December 2009, is glad to announce that in the morning of 14 December 2009, the Company received a confirmation letter from Shandong Property Right Exchange Center and Zhaoyuan State-owned Assets Supervision and Administration Bureau, confirming that the Company has obtained the transferee qualification for the 100% state-owned property rights of Canzhuang Gold Mine at the consideration of RMB426,610,000.

Peak Sport Products Co., Limited (HKG:1968) a well-known branded sport products company in China, announced encouraging sales order results for its 2010 second quarter sales fair. The order book value grew by 35% year-on-year.

China's leading monocrystalline silicon solar ingots and wafers manufacturer, Solargiga Energy Holdings Limited ("Solargiga" or the "Company; HKG:0757, and its subsidiaries, the "Group") announced that its 300kW photovoltaic pilot project has commenced power generation successfully, which is as another significant corporate development of the Group subsequent to achieving turnaround in net profit with a profit margin of over 17% in the third quarter of 2009.