Qingdao Float Glass Co., Ltd. transfer 4.325% state-owned share

Approved by Finance Bureau of Qingdao Economic and Technological Development Zone, Qingdao Float Glass Co., Ltd. transfer 4.325% state-owned share, notice in Qingdao Property Rights Exchange. Listed price: 3.02 million U.S. dollars; The period: notified 9:00am, Nov.26, 2009  to 4:30pm, Dece.23, 2009 deadline).

Qingdao Float Glass Co., Ltd is establised on Oct. 16, 1993 with registered capital of 60 million U.S. dollars. The company mainly produces float glass and deep-processed products. Through evaluation, the company's assets is total of 646.8 million yuan, total liabilities 173.06 million yuan, Net assets 473.74 million yuan.