Zhuzhou Smelter Group Co.

Zhuzhou Smelter Group Co.,Ltd is principally engaged in the processing, manufacture and sale of zinc products, lead products, sulfur dioxide and other metal materials. During the year ended December 31, 2007, the Company obtained approximately 72.5% and 14.6% of its total reveue from its zinc products and lead products, respectively. In 2007, the Company produced approximately 509,300 metric tons of zinc and lead products. The Company distributes its products within the domestic market and to overseas markets. As of December 31, 2007, the Company had nine major subsidiaries. (Source: ARS)