Controlling shareholder of Minmetals Construction Co., Ltd.

China Minmetals Corporation, founded in 1950, is a large-scale enterprise group with global operation focusing on metal minerals, real estate, finance and logistics services. China Minmetals Corporation is one of the important state-owned enterprises directly managed by the State Council SASAC. In 2007, its total business volume reached about $21800 million, ranking 13 among the top 500 enterprises in China. In July 2008, China Minmetals was selected as one of the Fortune 500 companies in the world in 2008, ranking 4 12. China Minmetals Group holds about 67.93% equity of Minmetals Construction through its subsidiary in Hong Kong-China Minmetals Hong Kong Holdings Co., Ltd., and is the controlling shareholder of Minmetals Construction.