China Zhongwang Holdings Limited Commenced Trading on the Main Board of The Stock Exchange of Hong Kong

[8 May 2009, Hong Kong] The largest industrial aluminum extrusion products developer and manufacturer in Asia and China, with a particular focus on the transportation sectors China Zhongwang Holdings Limited ( China Zhongwang or the Company , stock code: 01333 ), commenced trading of its shares on the Main Board of The Stock Exchange of Hong Kong Limited ( SEHK ) today.

China Zhongwang s shares were actively traded with the highest price at HK$6.93 per share and the closing price was HK$6.63 per share today. A total of approximately 341.1 million shares were traded with a turnover of approximately HK$ 2.29 billion.

In relation to the listing of the Company, CITIC Securities Corporate Finance (HK) Limited and UBS Investment Bank are the Joint Sponsors; CITIC Securities Corporate Finance (HK) Limited, J.P. Morgan Securities Limited and UBS Investment Bank are the Joint Global Coordinators and Joint Bookrunners; and CITIC Securities Corporate Finance (HK) Limited, J.P. Morgan Securities Limited, Macquarie Capital Securities Limited and UBS Investment Bank are the Joint Lead Managers.

Commenting on the successful listing of the Company in Hong Kong, Mr. Liu Zhongtian, Chairman and President of the Company, said, The listing marks a major milestone in the Company s business development as China Zhongwang enters into a new era. With expanding production capacity, increasing market share and enhancing research and development capability, China Zhongwang is able to further strengthen its competitive advantages and continue to enhance its leading position in the industrial aluminum extrusion industry in China.

Guests of honour at today s listing ceremony include: Mr. Liu Zhongtian, Chairman and President of China Zhongwang (seventh from the left), Mr. Liu Guoqiang, Deputy Governor of the People s Government of Liaoning Province (sixth from the left), Mr. Sun Yuanliang, Party Secretary of CPC Committee of Liaoyang (eighth from the left), senior management of China Zhongwang, as well as the representatives from CITIC Securities, UBS Investment Bank and J.P. Morgan Securities and members of Listing Committee of SEHK.

Mr. Liu Zhongtian, Chairman and President of China Zhongwang (right) presented a model of 125MN oil-driven dual action extrusion press, the leading in the world and largest of its kind in China, to Mr. Arculli Ronald Joseph, Chairman of Hong Kong Exchanges and Clearing Limited.