Sinoma Ltd successfully issues Interim Notes of RMB 1.7 billion Yuan

March 10, China National Materials Company Limited successfully issued interim notes with a total amount of RMB1.7 billion on the inter-bank bond market in China, which has been Sinoma s another masterpiece in financial market after its issue of bonds of RMB 2.5 billion Yuan in 2009.

The notes approved by the National Association of Financial Market Institutional Investors will be issued with an interest rate of 4.69% and with a term of 5 years.

The issue of the notes will provide the company with a further source of medium to long-term funding at an interest rate which is expected to be more favorable than that generally available from loans from commercials banks. It considers that the issue of the notes will lower the costs of borrowings and improve the debt structure of the company.

Sinoma Ltd was listed on the Hong Kong Stock Exchange on 20 December 2007. The Company is mainly engaged in cement equipment and engineering services, cement and high-tech materials business. The Company possesses series of core technologies such as glass fiber, composite materials, synthetic crystals, advanced ceramics and new dry process cement technology, with pioneering research and development capabilities, strong implementation capability for commercialization of innovative technologies, successful merger and acquisition experience and unique business model. The Company is the largest provider of cement equipment and engineering services in the world and a leading producer of non-metal materials in the PRC. It is the only company in the non-metal materials industry in the PRC with a business model that integrates research and development, industrial design, equipment manufacturing, engineering and construction services and production.

Sinoma Ltd has maintained a fast development for several years. In terms of cement equipment and engineering services, the company possesses the only whole industrial chain and integrated EPC services in global markets. While being a leader of domestic market, Sinoma s international market share has also reached No. 1 since 2008. In cement manufacturing, Sinoma s cement output has developed into over 50 million tons from 0 during a short time of 5 years, which made Sinoma the largest cement producer in China s Northwest market. In high-tech materials, Sinoma has been among the major players of fiber glass and composite materials in the world with a fiber glass output of 500,000 tons and wind power blades output of over 1300 sets.

Because of the continuously fast development, Sinoma has signed strategic cooperation agreements with several large commercial banks and has been granted millions of credit facilities. The capital raised by the issue of interim notes will be mainly used in adding operating capital, expanding production, maintaining technology advantage and market position, especially in high-tech material business. Successful issue of the interim notes will be a powerful support for Sinoma to realize its short-term goal of over 100 million tons of cement output and more than 3000 sets of wind power blades.

The RMB 1.7 billion Yuan interim notes will appear on the inter-bank bond market on March 12.