China Branch Ying WA 76.5 million to enter the fund industry

Sino-Anglo will become the two shareholder of the day governing fund.　　China Branch Ying-WA announced today that the company intends to invest no more than 76.5 million yuan by the Chinese Jilin Forest Industry Group Holdings of the days of the governing fund 30 million shares (accounting for the company's total equity 23.08%), the acquisition price is not higher than 2.55 yuan per share. The days of the Fund was established on May 27, 2003, the registered capital of 130 million yuan, currently has 7 fund products. According to the audit report of Shenzhen Pengcheng accounting firm, as at March 31, 2010, the total assets of the days governing the Fund 82.01 million yuan, net assets of 78.5 million yuan.　　The evaluation report issued by Beijing Zhongtian China Assets assessment shows that under the premise of the assessment of the base date of March 31, 2010, the value of the total shareholder's equity is 234 million yuan, with an evaluation value of 156 million yuan and a value-added rate of 198.2%. It is noteworthy that in the first quarter of this year's fund performance rankings, the days of the Fund's products have significantly improved performance, the performance is quite eye-catching. The Company believes that the proposed investment in equity fund management companies, conducive to improving the company's asset structure, the company's long-term development and risk-resistant ability has a positive significance.