Will Guoyuan Securities move to Binhu?

No, Guoyuan Securities is located in Langya East Road, Langya District, Chuzhou City, Anhui Province, and has not moved to Binhu. Guoyuan Securities was established in August, 20001,with the former Anhui International Trust and Investment Corporation and the former Anhui Trust and Investment Corporation as the main sponsors, in line with the development trend of separation of trust and securities and industry restructuring. On June 30th, 2007, 10, Beijing Waer Co., Ltd. was successfully listed on Shenzhen Stock Exchange, taking the share-trading reform as an opportunity. Our company is a comprehensive securities company approved by China Securities Regulatory Commission and registered by Anhui Administration for Industry and Commerce.