Fengyuan Group formally signed a contract on the transfer of equity rights in Huishang Bank

on June 27, 2007, Fengyuan Pharmaceuticals and Anhui Fengyuan Group Co., Ltdformally signed a "Equity Transfer Contract" on the transfer of equity rights of Huishang Bank, with a transfer price of RMB1.2 per share and a total transfer value of RMB41.94 millionwithin 3 working days from the date of signing the contract, Anhui Fengyuan Group Co., Ltdpaid 21.94 million yuan in a down payment to the company, and Anhui Fengyuan Group Co., Ltdpaid the balance of RMB 20 million to the company in one lump sum before August 30, 2007Sohu Securities statement: This channel information content is derived from the cooperative media and cooperative institutions, does not represent Sohu Securities' own views and positions, suggest investors to carefully judge this information, according to the market, risk at their own riskon June 27, 2007, Fengyuan Pharmaceuticals and Anhui Fengyuan Group Co., Ltdformally signed the "Equity Transfer Contract" on the transfer of equity rights of Huishang Bank, with a transfer price of RMB1.2 per share and a total transfer value of RMB41.94 millionwithin 3 working days from the date of signing the contract, Anhui Fengyuan Group Co., Ltdpaid 21.94 million yuan in a down payment to the company, and Anhui Fengyuan Group Co., Ltdpaid the balance of RMB 20 million to the company in one lump sum before August 30, 2007Sohu Securities statement: This channel information content is derived from the cooperative media and cooperative institutions, does not represent Sohu Securities' own views and positions, suggest investors to carefully judge this information, according to the market, risk at their own risk(name)