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Friday, 08/24/2012 11:38:28 AM

Friday, August 24, 2012 11:38:28 AM

Post# of 1626
Shandong Shengda Technology Co. Ltd. updated by the company on Aug. 23, 2012

Annual Sales increased from 1.1billion Yuan or about $174 million to $800 million or over 5 Billion Yuan
Asia’s largest NPCC production with annual output of 100 million MT to be completed in 2015
Total investment changed from 5 Billion to 50 Billion Yuan
http://translate.google.com/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2F685630.01p.com%2F

Top 10 toppled executives in 2009
http://www.chinadaily.com.cn/bizchina/2009-12/24/content_9225428.htm#name1

Huang Guangyu’s Farewell Letter. China’s second richest man in 2009 and a national hero begins a 14-year prison sentence for charges of bribery and corruption
http://blogs.wsj.com/chinarealtime/2010/09/06/huang-guangyus-farewell-letter/

We certainly don’t wish Mr. Chen Xiangzhi any harm and strongly believe, when it comes to expansion of business, he would be the best man for the job but, he must learn to share his success with those who helped him with hundreds of millions of dollars seed money to build his business and never forget the negative consequences of greed!
http://www.nasdaq.com/reference/200706/market_open_062107.stm

Next step, China Ministry of Justice, if he insists!

http://translate.googleusercontent.com/translate_c?act=url&depth=1&hl=en&ie=UTF8&prev=_t&rurl=translate.google.com&sl=zh-CN&tl=en&twu=1&u=http://www.moj.gov.cn/aboutus/contactus.htm&usg=ALkJrhjgNlceI4fm-1hpZ0hlwYXUkx5vBw

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