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CNBM Main Operating Indicators Increased Greatly in the First Half

On July 26, the group company held teleconference on the work of the first half of 2010, on which, president Song Zhiping gave an important speech and General Manager Yao Yan gave the work report for the first half of 2010. On this meeting, the spirit of the competent person meeting of the central enterprises was conveyed, the work of the first half of 2010 was summarized, current situations was analyzed and the work for the second half of 2010 was arranged. In the first half of 2010, the group realized accumulative operating income of 54.9 billion Yuan, increased by YoY 60%, total profit of 2.1 billion Yuan, by YoY 37%, total export and import USD 2.1 billion, by YoY 36%. Half of the economic indicators have been fulfilled. The group continued to promote joint restructuring, structural adjustment, energy conservation and emission reduction, laid emphasis to develop three new industries, enhanced scientific innovation and industry-research coordination, and thus laid sound foundation for scientific development. The group had made great achievements in project development, capital operation, international cooperation, team development, and energy conservation and emission reduction. On the meeting, it was highlighted to ensure that the total assets and sales income this year will exceed 100 billion Yuan and number of patents retained exceeds 1000.