Lifan industry and Blue Fung Biochemical starter application approved by the SFC

China Securities Regulatory Commission announced in the evening of October 15, Jiangsu Bluestar Chemical Co., Ltd., Lifan Industrial (Group) Co., Ltd. two companies were first approved. Lifan Industry intends to open the issue of not more than 200 million shares, the total share capital after the issuance of not more than 951 million shares, after the release is to be listed in Shanghai. The company is mainly engaged in the development, production and sale of motorcycles, automobiles and general gasoline engines.　　The company's total operating income of 2007-2009 years is 5.805 billion yuan, 6.149 billion yuan and 5.329 billion yuan respectively, and the net profit attributable to the shareholders of the parent company is 352 million yuan, 199 million yuan and 304 million yuan respectively. Lenfeng Biochemistry intends to open 19 million shares, after the issuance of the total share capital 74 million shares, after the release is to be listed in Shenzhen Stock Exchange. Company is mainly engaged in fungicides, pesticides, herbicides and preparations, fine chemical intermediates products production and sales business. The company's total operating income of 2007-2009 years is 550 million yuan, 908 million yuan, 627 million yuan, the net profit is 30.0989 million yuan, 97.8257 million yuan, 98.9062 million yuan respectively.