Haitong Securities Co., Ltd.

Haitong Securities Company Limited is principally engaged in securities businesses. The Company' major businesses include acting purchase and sale of securities, including foreign capital stocks listed in China; deputy principal and dividends payment of securities; keeping and authenticating of securities on others’ behalf; acting as an agent to make registrations and open accounts; trading of securities; underwriting (including lead underwriting) of securities, including foreign capital stocks listed in China; consultation of securities investments, including financial consultation; as well as asset management on others' behalf. During the year ended December 31, 2008, the Company completed lead underwriting for 11 stocks.