Deutsche Borse Formally Invites Riemann Investment as Its Listing Partner

Deutsche Borse Formally Invites Riemann Investment as Its Listing Partner

November 13, 2007

2:30 PM, 12 Novermber 2007, Frankfurt Stock Exchange,
Germany ("Deutsche Borse")

    FRANKFURT, Germany, Nov. 13 /Xinhua-PRNewswire/ -- The
signing ceremony is held at Deutsche Borse to mark the
official selection of Riemann Investment Holdings Co., Ltd.
("Riemann Investment") as a listing partner of the
Deutsche Borse. Ms. Catherine Huang and Mr. Sixing Fu,
partners of Riemann Investment, are present at the signing
ceremony. The invitation by Deutsche Borse to become a
listing partner symbolises the entering into a strategic
partnership between the two parties. Riemann Investment
also received a piece of the trading floor from Deutsche
Borse as a present.

    At the meantime, some of Riemann Investment's client
companies are also invited to Frankfurt to witness this
historic moment. It is believed that more Chinese companies
will be listed on Deutsche Borse with the assistance of
Riemann Investment in the near future.

    Deutsche Borse is the stock exchange with the highest
trading volume and turnover velocity in Europe, and
possesses the most efficient admission and listing process
worldwide. Meanwhile, it can act as the central access
point to the EU-capital market for Chinese issuers under
the "EU-Passport" scheme.

    With regard to the high requirements for listing
partners of Deutsche Borse, it requires the recommendation
letter from at least one renowned financial institution,
three successful IPO deals in the past as well as strong
brand recognition. 

    During the listing preparation period, Riemann
Investment acts as the sole financial advisor and assists
the Chinese issuers with corporate structure optimisation,
selection of local and international IPO intermediaries,
smoothing communication between the Chinese issuers and
Deutsche Borse, all of which are well received and highly
regarded by Deutsche Borse and the institutional investors.
In particular, shares in ZhongDe Waste Technology AG were
over-scribed by 14 times and its opening price on the debut
day was 15% higher than the issue price.

    At present, Chinese companies are delivering remarkable
growth, and international capital is eager to participate in
and share the results of China's rapid economic growth, and
encourage the Chinese companies to take active steps to
enter the international capital market.

    However, local companies in China are usually
unfamiliar with the listing requirements as well as the
general practice in international capital market. On the
other hand, financial institutions overseas are yet to
fully comprehend China's regulatory environment and
business operation of Chinese companies. 

    The selection of Riemann Investment as a listing
partner of Deutsche Borse marks a historic moment.
Leveraging the international background of Riemann's
professional team, the partners' rich experience from
numerous overseas IPO deals participated in recent years,
as well as the solid and long lasting strategic cooperative
partnership Riemann Investment has already formed with
various renowned domestic and international financial
institutions, Riemann Investment is able to assist the
Chinese issuers in accomplishing their IPO transactions
overseas through providing professional advisory services
and coordinating between various investors, professional
intermediaries and regulatory authorities in international
capital market.

    Brief Introduction to Riemann Investment:

    Shanghai Riemann Investment Advisory Ltd. provides
fast-growing, high potential Chinese domestic companies
custom-tailored professional services in overseas financing
and IPO. Our comprehensive services cover equity investment,
M&A, private placement, IPO consultation and post-IPO
maintenance and financing, etc. We take pride in our
experienced professional team who is capable of offering
our clients timely, customized solutions and help them
achieve their value creation.

    Our services are based on our in-depth knowledge of the
international capital markets and Chinese domestic
enterprises. Focusing our services on domestic companies
and working with our strategic partners, we create a
win-win situation for both our client companies and their
capital.

    At Riemann Investment, we are building a dynamic open
service platform that we are constantly perfecting.

    For further information on Riemann Investment, please
see http://www.shrminvest.com .


    For more information, please contact:

     Shanghai Riemann Investment Advisory Ltd.
     Tel: [phone]
     Fax: [phone]
     Address: Suite 12E, No. 588, South Pudong Road
              Pufa Tower, Shanghai, PRC 200120