Llinks Advised Jiabao Group on Private Placement

Shanghai Jiabao Industrial Co., Ltd's private placement of 61,930,000 ordinary shares was approved by the China Securities Regulatory Commission on October 12, 2007. The amount of funds raised from this private placement is approximately RMB 550 million.

As legal counsel to Jiabao Group, Llinks advised on all aspects of this private placement.

October 2007