Stock Codes: 600801, 900933  Stock Abbreviations: Huaxin Cement, Huaxin B Share      Ref: Lin 2011-017

 

 

To the best of our knowledge, the Board of Directors of the Company and its members confirm that there is no material false or misleading statement or material omission in this announcement and shall be severally and jointly liable for the truthfulness, accuracy and completeness of its content.

 

I. Important Notice:

 

No proposal is added, vetoed or changed during the convening time of the Meeting.

 

II. Convening of the Meeting

 

1. Time of the Meeting: 9:00 am, June 10, 2011 (Friday)

 

2. Convening place: Meeting Room 4 on the first floor of the Business Centre of the Company in Wuhan, Building No.5, International Enterprise Centre, Special No.1, Guanggu Avenue, Wuhan City, Hubei Province

 

3. Convening way: on-site voting

 

4. Convener: Board of Directors of the Company

 

5. Presider: Chairman Mr. Chen Musen

 

6. The calling and convening procedure, qualification of attendants, share registration and voting procedure of the Meeting were in compliance with the stipulations contained in the Company Law, the Rules of Shareholders' General Meeting of Listed Companies and the Articles of Association of the Company.

 

III. Attendance of the Meeting

 

9 shareholders or shareholder proxies attended the Meeting, representing 581,484,048 voting right shares covering 72.04% of the total shares of the Company.  Including 329,152,096 voting right shares held by 8 “A” share holders covering 40.78% of the total shares of the Company, and 252,331,952 voting right shares held by 9 “B” share holders covering 31.26 % of the total shares of the Company.

 

IV. Reviewing and voting of the proposals

 

With the manner of on-site voting, the Meeting reviewed and adopted the following resolution:

 

Proposal in Respect of Providing Guarantee for Huaxin Jinlong Cement (Yunxian) Ltd. (Voting result: Affirmative:  581,243,120 -- 99.96 % of the total voting right shares.  A shares -- Affirmative: 329,152,096, Abstention: 0, Negative: 0; B shares -- Affirmative: 252,091,024, Abstention: 240,928, Negative: 0).

 

V. Legal opinions issued by the lawyers

 

1. Name of the Law Firm: Hubei Sunshine Law Firm

 

2. Names of the lawyers: Han Jing, Li Yanlou

 

3. Conclusion of the opinions: the calling and convening procedures of the Meeting were in compliance with the stipulations contained in the Company Law, the Rules of Shareholders' General Meeting of Listed Companies and the Articles of Association of the Company; qualification of attendants, voting procedure and the voting results of the Meeting were legitimate and valid.

 

It is herewith announced.

 

Documents for Inspection:

 

1. Resolutions of the Meeting;

2. Letter of Legal Opinions;

3. Other documents required by the SSE.

 

Huaxin Cement Co. Ltd.

Board of Directors

 

June 11, 2011