XIAMEN C & D INC.

Xiamen C & D Inc. (Stock: Xiamen C & D; Code: 600153) was initiated solely by Xiamen C & D Group., Ltd., through collection and reorganization on June 16, 1998. It was listed in Shanghai Stock Exchange with a registered capital of RMB296 million, of which Xiamen C & D Corp. Ltd. holds 72.97% and the public hold 27.03%. Xiamen Candour Co., Ltd is one of her affiliated Company.
The total assets reached RMB4.125 billion and net assets RMB1.521 billion at the end of Year 2002.

Xiamen C & D Inc. was listed into one of "the most competitive companies in Fujian Province" in the past two consecutive years and ranked No. 54 of Top 100 Listed Companies in 2002 published by Fortune. It has been entitled as one of "the Grade AAA Faithful Enterprises" by Xiamen Financial Evaluation Institution for successive years.
MAJOR HONOURS

2003
* Top 500 Enterprises in China (No. 187).
Evaluated by: MOFTEC, PRC
* Top 100 Listed Companies in China (No. 56)
Evaluated by: FORTUNE magazine 

2002
* Top 200 Foreign-Trade Enterprises (No. 72) Top 200 Exported Companies (No. 59)
Evaluated by: China Custom
* Top 50 listed Companies of Shanghai Stock Exchange (No. 49)
Evaluated by: Shanghai Stock Exchange; East China Branch of People's Daily
* Top 100 Listed Companies in China (No. 54)
Evaluated by: FORTUNE magazine
* Advanced Foreign Trade Company in Quality and Revenue in China
Evaluated by: China Foreign Trade & Economic Cooperation.

2001
* Top 500 Import & Export Companies in China (No. 75)
Evaluated by: MOFTEC, PRC
* Top 200 Exported Companies in China (No. 66)
Evaluated by: MOFTEC, PRC 

2001-2000
* One of the Most Competitive Listed Companies in Fujian Province
Evalued by: Fujian Securities Economics Research Committee
* Top 100 Import & Export Companies in Xiamen (No. 1)
Evaluated by: Xiamen Trade Development Bureau; Foreign Investment Bureau

1999-2003
* Grade AAA Faithful Enterprise in Xiamen
Evaluated by: Xiamen Financial Consultant Evaluation Company

1999-2001
* Advanced Foreign Trade Company in Quality and Revenue in China
Evaluated by: China Foreign Trade & Economic Cooperation Enterprises Association.
* Advance Faithful Company in Fujian Province
Evaluated by: Fujian Industrial and Commercial Administration Bureau.