CICC Gold Planning Private issue August 10 suspension

NetEase Financial August 9 News Gold Night announcement, the company is planning non-public issues related matters, in order to avoid abnormal fluctuations in the company's stock price, the company's shares since August 10 suspension, not later than the August 16 recovery card. Today afternoon, Gold pulled up to lead the banner, led the gold plate rose, and boarded the plate to the top of the list. As of the close, the gold volume rose 9.86%, the biggest daily gain in nearly 13 months.　　Gold shares rose 5.66% overall. The big shareholder China Gold Group has 1200 tons of gold reserves and abundant resources. According to the asset injection agreement signed by the company and the group, China Gold group gradually injected gold assets into the company to realize the overall listing of the gold main business.　　After several mining injections in 08 and 09, the follow-up acquisition process will continue, and the future of the company's resource reserves is expected to increase significantly. The company is now in a high-speed growth period, the growth of the gold business mainly through the existing mine expansion and acquisition of the group of mining assets to achieve. It is expected that the company's 2010 mineral gold production will reach 20 tonnes, compared with 2009, a larger increase. The composite growth rate of mineral gold production in 2007-2011 was 40%.