DISCLOSURE & INVESTOR COMMUNICATIONS

DISCLOSURE & INVESTOR COMMUNICATIONS

Established in 1954, PRN has the oldest and largest distribution network

Based in New York; has over 40 offices worldwide

With offices in Beijing, Shanghai, Shenzhen and Chengdu, PRN is the only global

corporate communications service with local support team working around the

clock in China.

More than 40,000 companies, agencies and institutions are members of PR

Newswire; Distributes news for two-thirds of the Fortune 500 Companies

Around 51% market share of the wire service industry in North America

Provides news release distribution and disclosure services for more than 250 US listed Chinese companies, including 95% of those listed on NASDAQ

美通社 – 全球领先的企业传播和创新营销机构美通社 – 全球领先的企业传播和创新营销机构About PR NewswireAbout PR Newswire

Sample ClientsSample Clients

Press Release Distribution

Capital Market Visibility （ CMV）Thomson First Call

Customized Email List Distribution

EDGAR Filings

XBRL Filings

Financial Typesetting & Printing

Teleconference

Webcast

IR Room

Retail Investors Virtual Conference

ServicesServices

Press Release DistributionPress Release Distribution

Covering more than 170 countries and regions worldwide

Covering multiple industries

Covering and engaging with various target audience through print media, P2P communications solutions and diverse new media channels…

Global Distribution NetworkGlobal Distribution Network

Financial Terminal- Bloomberg

- Dow Jones

- Thomson Reuters

Advantages

US – Covering Major Financial TerminalsUS – Covering Major Financial Terminals

- Institutional investors rely on one or more of these four channels for news releases from publicly traded companies- This distribution channel is key in satisfying SEC Disclosure requirements

Press Release reaches all types of retail investors websites

US – Covering Individual InvestorsUS – Covering Individual Investors

- Personal: Motley Fool, TheStreet.com, PinkSheets

- Securities Manager: Ameritrade, Charles Schwab, E-Trade, idelity

- Banking: Bank of America, Bank of New York, Citibank and more

- Public information: Hoovers, Morningstar

- Investor information: MarketWatch, Forbes.com

- Stock exchange: NASDAQ.com

PR Newswire distribution network can help public companies reach the wildest printing media, financial portals

Advantages- Journalists and editors from print media can receive press releases at real time through PRNewswire's

professional newswire network

US – Covering Major Financial Print MediaUS – Covering Major Financial Print Media

Your press release can reach

Advantages- Placement of PRN news on these sites assures high visibility

as well as high traffic to any URLs included in the news release itself.

US – Covering Major WebsitesUS – Covering Major Websites

- Yahoo! - AOL Personal Finance- MSN Money- Excite Money & Investing- Other major portals

P2P Distribution & CommunicationsServices to the Institutional Investors

P2P Distribution & CommunicationsServices to the Institutional Investors

Together with the BigDough database, to help you

engage your target audiences more effectively,

CMV service combines pinpoint targeting to buy-side

analysts and portfolio managers with far-reaching

distribution to the various media & financial websites

relied on by institutional investors.

- Increase visibility with the buy-side: Deliver material corporate news to buy-side analysts and portfolio either

cover or hold your industry and peers.

- Increase the likelihood of gaining sell-side analyst coverage: Target sell-side analysts focusing on your industry

with PR Newswire’s sell-side distributions, segmented by industry and geography.

- Region Targeted (US /Europe /Asia)

- Industries Targeted (34)

Capital Market VisibilityCapital Market Visibility

Features

- 34 industries, 65,000 buy side analysts 17,500 sell side analysts

With Thomson Financial First Call networking, news release goes to：

Thomson Financial First CallThomson Financial First Call

- About 55,000 institutional investors.

- Analysts from about 850 brokerage firms

- About 400,000 financial professionals.

Other Disclosure & Investor CommunicationsServices

Other Disclosure & Investor CommunicationsServices

As PR Newswire’s subsidiary, Vintage Filings is one of the biggest EDGAR archive service providers. Vintage offers clients immediate, precise and economic archive services.

EDGAR FilingsEDGAR Filings

- One of the US top 3 EDGAR filing service providers .

- All EDGAR specialists have at least 5 years experience.

- 24/7 operation .

- No charges for extra time .

- Package solution, no rush fee.

- No additional fee for HTML format.

- Same price for ASCII and HTML coding.

- Competitive pricing policy.

- One-stop solution for EDGAR filing &

news distribution.

Publicly listed companies in the US under the SEC regulations are now subject to NEW filing requirements. These new requirements include financial disclosures are required to be submitted in the XBRL format, and these disclosures will have to be submitted to SEC’s next-generation EDGAR database as well as published on the companies’ websites. Almost all Chinese companies listed on the US stock markets will be required to file the XBRL exhibit beginning with a periodic report on Forms 10-Q, 20-F containing financial statements for a fiscal period ending on or after June 15, 2011. For detailed information, please access http://xbrl.sec.gov/

XBRL FilingsXBRL Filings

Timing

Phase in over three years First mandatory reporting

after 6/15/09 for a 12/31 FYE the first filing would be the 2nd quarter 10-Q.

Impacted Companies

Year 1: Large Accelerated Filers with public float >$5B (~500 companies)

Year 2: All Large Accelerated Filers (~1700 companies)

Year 3: All companies filing in US GAAP (~10,000+ companies)

Form Types

Periodic Reports 10-K, 10-Q, 20-F, 40-F

Current Reports 8-K, 6-K Revised financial

information & subsequent events

PR Newswire's Retail Investor Virtual Conference can present corporate information in real time. Public companies of all scales are encouraged to deliver their non-trading speeches to small and medium-sized investors who participate in virtual road shows online. For companies of all types and scales, this will become a new approach to directly communicate and engage with investors.

Retail Investor Virtual Conference Exhibition Hall

Auditorium Investor Lounge

Retail Investors Virtual ConferenceRetail Investors Virtual Conference

Advantages

Financial Typesetting & PrintingFinancial Typesetting & Printing

Vintage Filings is a full-service financial printer with the following capabilities:

- Printing and delivery of the full suite of financial documents, such as Annual Reports, Proxy Statements,

Private Placement Memoranda, Offering Circulars, Prospectuses, IPO documents and corporate marketing

materials.

- Mailing and distribution services such as shareholder mailings and same-day delivery of courtesy copies

to the SEC.

- 24 hours a day, 7 days a week operations and availability.

PR Newswire's teleconference service provides premium, operator assisted service for any type of conference call at a flat rate.

Services include - Pre registration

- Dial In or Dial Out Telephone Service

- Private Labeling

- Full Conference Monitoring (FCM)

- Question and Answer Session

- View Q&A

- Back Line Connection

- Digital Recording

- Operator Recall

- Quality Monitoring

- Email List of Participants

- Custom scripting

TeleconferenceTeleconference

Basic Service

The Basic Service is widely used by shareholders and analytics

WebcastWebcast

- Webcasting (Two Player format Windows Media and Real Player are the default)

- Exclusive Event Page, including Logo, images, text, links etc.

- 2 National Webcast Notification Releases (US1).

- One year free archive on PR Newswire’s website, PR NEWSWIRE FOR JOURNALISTS and client’s website.

- Registration Page w/ reporting (Optional)

- Questions via email (Optional).

- Password protection (Optional).

Enhanced Webcasting Service

WebcastWebcast

- Hi-Res video/audio streamed with Flash player

- Robust infrastructure with both local and international Content Delivery Network (CDN) to ensure consistent quality

for audience across different locations.

- Customer-driven solutions and versatile applications on the basis of highly scalable platform.

- Comprehensive, real-time and client-managed traffic reports.

- Flexible layouts to match corporate identity and event objectives.

- Seamless integration with PR Newswire’s unparalleled distribution network to maximize the reach of your multimedia.

Features - Seamless integration with clients' own websites

- Content management and control

- Clients can upload press release and archive SEC filings in

one easy-to-access location

- Search Engine Optimization

- Real-time stock quotes

- Interactive Chatting

- Historical price query

- Investing calculator

- RSS Display Tool allows clients to show the headlines from

an RSS feed on any page of the site in real-time.

IR RoomIR Room

Corporate Communication & MarketingServices

Corporate Communication & MarketingServices

Features

- Clients' photos with press release will be sent to 175 major websites, including Yahoo!, ABC, MarketWatch, LA Times, etc.- The images will also be archived on PR Newswire's websites for easy access by journalists- Photos will also be displayed on the Reuters digital billboard in Time Square high-resolution photo

- Clients' photos with press release will be sent to 175 major websites, including Yahoo!, ABC, MarketWatch, LA Times, etc.- The images will also be archived on PR Newswire's websites for easy access by journalists- Photos will also be displayed on the Reuters digital billboard in Time Square high-resolution photo

US Photo Distribution – IPDUS Photo Distribution – IPD

Multimedia News Releases make it easy to deliver news in a multimedia format, blending video/audio, text, logos, photos and related documents into a dynamic HTML platform.

US Video Stream

2010, more than 50% European and American companies chose Multimedia to publish their News Release

US Multimedia News ReleaseUS Multimedia News Release

- 2010 ， more than 75% American internet users have watched the on-line video

- More than 150 million American consumers watched at least one video on line each month

* Above data is from ComScore & eMarketer

For mainland China, our news distribution network currently consists of more than 15,000 journalists from across the country, representing 4,500 media outlets that include:- 800 general media; 3,700 trade publications; 50 major foreign news media in China.- 3,000 websites, including major web portals like SINA, SOHU, NetEase and Tencent, etc.- Financial terminals such as Reuters, Bloomberg, Factiva & Dow Jones, etc.- Through cooperating with the leading cellphone terminal software providers and content suppliers, all press releases distributed by PR Newswire will be pushed to 10,000,000 smartphones in China.- Covers wireless internet portals, forums, blogs, micro-blogs and other new media outlets; Covering the Chinese iPhone users through PR Newswire’s iPhone app.

For mainland China, our news distribution network currently consists of more than 15,000 journalists from across the country, representing 4,500 media outlets that include:- 800 general media; 3,700 trade publications; 50 major foreign news media in China.- 3,000 websites, including major web portals like SINA, SOHU, NetEase and Tencent, etc.- Financial terminals such as Reuters, Bloomberg, Factiva & Dow Jones, etc.- Through cooperating with the leading cellphone terminal software providers and content suppliers, all press releases distributed by PR Newswire will be pushed to 10,000,000 smartphones in China.- Covers wireless internet portals, forums, blogs, micro-blogs and other new media outlets; Covering the Chinese iPhone users through PR Newswire’s iPhone app.

Nationwide Distribution Network

Multiple Distribution Circuits- Mainland China Distribution (Text + Photo)

- Mainland China Multiple Industry Distribution (Text Only)

- Mainland China Single Industry Distribution (Text Only)

- A-Share Listed Companies Press Release Distribution

…

Mainland China DistributionMainland China Distribution

(2) Clients send press release to PRN via

email or website

(3) PRN editors process the release

and ask client for final confirmation

(5)Media receive releases via e-mail,

fax…and use them as reporting materials

(1)Client drafts press

release

(4) Press release distributed to media and investors through PRN's global networkocess the release and ask cli

ent for final confirmation

(6) PRN sends media

monitoring reports at clients' request

Work ProcedureWork Procedure

Thank YouThank You