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After this providing, we will turn out to be obligated to file with the SEC annual and quarterly data and different reports which might be specified in Section 13 and different sections of the Securities Exchange Act of 1934, as amended (the "Exchange Act").

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This prospectus contains forward-looking statements that contain dangers and uncertainties. We receive substantially all of our revenues in RMB, which is presently not a freely convertible foreign money. You can usually identify these forward-looking statements by words corresponding to "anticipate," "assume," "believe," "budget," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "future" and similar phrases and phrases. Actual results may differ from these estimates beneath completely different assumptions or circumstances. In addition, the occurrence of sales of a massive number of shares of our frequent inventory, or the perception that these gross sales could occur, could affect our inventory price and could impair our ability to obtain capital via an providing of equity securities. All statements other than statements of historic information are forward-looking statements.