Xinyinhai Announces Financial Results

Xinyinhai Announces Financial Results

November 27, 2007

2007 Third Quarter Revenues Increase 43%; Net Income
Increases 36%
2007 Nine Months Revenues Increase 46%; Net Income
Increases 90%


    HARBIN, China, Nov. 27 /Xinhua-PRNewswire/ -- Xinyinhai
Technology, Ltd. (OTC Bulletin Board: XNYH) today announced
financial results for the Company's third quarter and for
the nine months ended September 30, 2007. Xinyinhai is the
market leader in China's fast-growing financial documents
printing industry.

    Revenues for the third quarter increased 43% to $3.0
million, compared with $2.1 million for the third quarter
of 2006. Net income for the third quarter increased 36% to
$982,069, compared with $722,053 for the same period in
2006.  Revenues for the nine-month period ended September
30, 2007 increased 46% to $8.0 million, compared with $5.5
million for the same period in 2006. Net income for the
first nine months of 2007 increased by 90% to $1.9 million,
compared with $1.0 million for the same period in 2006.

    "We are extremely pleased with our continued
growth in revenues and net income, and are confident of our
ability to continue our growth through the end of 2007 and
beyond, as the Chinese market for printed financial
documents continues to expand rapidly," stated Tian
Ling, CEO of Xinyinhai.  "We also look forward to
continuing to expand our client base, both in China and
overseas, as export quotas are eliminated enabling us to be
competitive with overseas producers.  Our commitment to
building long-term shareholder value has never been
stronger, and we remain very excited about the
possibilities for our company," Mrs. Tian concluded.

    About Xinyinhai Technology Ltd.

    Established in 1998, Xinyinhai specializes in printing
high-end financial documents using ISO-certified
state-of-the-art technology and systems employing the
latest anti-falsification encryption methods. Its clients
include many of China's premier financial institutions,
including the largest state-owned banks (Bank of China,
China Construction Bank, Agricultural Bank of China, Postal
Savings Bank of China), the China Rural Credit Union, and
China Domestic City Commercial Bank.  Additional
information about Xinyinhai is available at
http://www.xnyhonline.com .

    Safe Harbor for Forward-looking Statements 

    Certain statements in this news release may constitute
"forward-looking" statements within the meaning
of section 21E of the Securities and Exchange Act of 1934.
The Company believes that its expectations, as expressed in
these statements are based on reasonable assumptions
regarding the risks and uncertainties inherent in achieving
those expectations. These statements are not, however,
guarantees of future performance and actual results may
differ materially. Risk factors are listed in the most
recent Annual Report on Form 10-KSB and Quarterly Report on
Form 10-QSB filed with the Securities and Exchange
Commission. Such forward-looking statements involve risks
and uncertainties, which may cause the actual results,
performance, or achievement expressed or implied to
differ.