President Luo Dongjiang Gave an Interview To China Business News Channel(CBN)

In the evening of Jul.11th , Luo Dongjiang, President of Sinochem International accepted the interview by the program "corporation time" of CBN.

Luo gave detailed replies to some questions from the public about the consideration proposal of the Sinochem International reform of equity disposal. As for the misunderstanding from the media towards the company's plan of equity driving, Luo pointed out that, this plan was by no means put forward only in the favor of 16 high managers, but also the backbone business team with 150 to200 people including those high managers. Luo also said the company's business performance would soon be disclosed through the 2005 mid-report, the financial data reflected from which would be more optimistic than that predicted by analyze agencies.