July 4, 2012, Wuhu Conch Profile and Science Company Limited (“Conch Profile”) obtained approval of issuing corporate bond of CNY 850 million from China Securities Regulatory Commission (“CSRC”)

Conch Profile is a new type chemical building materials enterprise invested and controlled by Anhui Conch Group and the first listed company in China principally engaged in plastic profiles. It ranks among the front row with large production capacity of 660,000 tons.

Jingtian & Gongcheng acted as the issuer’s lawyer.