Guangri shares were increased by holding 600,000 shares of the controlling shareholder Guangri Group

On November 6, Guangri Co., Ltd. (hereinafter referred to as “the company”) received the notice from the controlling shareholder Guangzhou Guangri Group Co., Ltd. (hereinafter referred to as “Guangri Group”). Guangri Group passed the trading system of Shanghai Stock Exchange. The centralized bidding method increased the holding of 602,449 shares of Guangri, accounting for 0.0764% of the total issued shares of Guangri.

Before this increase, the number of shares held by Guangri Group was 474,171,200 shares, accounting for 60.13% of the total issued shares of the company. After this increase, the number of shares held by Guangri Group was 474,773,649 shares, which accounted for the company's issued shares. 60.21% of the total shares.

Based on the needs of its own development strategy, Guangri Group intends to increase its shareholding in the name of the company in the next 12 months (from November 6, 2012) based on its confidence in the company's future performance. The proportion does not exceed 2% of the total issued shares of the company (including the shares already added). Guangri Group promised not to reduce its shareholding in the company during the implementation period of the increase plan and within the statutory time limit.

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