MIDAS’ JV COMPANY NANJING SR PUZHEN RAIL TRANSPORT WINS TWO METRO CONTRACTS WORTH RMB1.4 BILLION First contract worth RMB663 million to supply 138 train cars for the Wuxi Metro Line 2 Project Second contract worth RMB756 million to supply 162 train cars for the Hangzhou Metro Line 2 Project NPRT’s total year-to-date contract wins increases to four contracts worth a combined RMB2.8 billion MORE THAN 6 BILLION WORTH OF CONTRACT SECURED IN ABOUT A YEAR ; STARTING FROM END JULY 2011 TILL AUG 2012
The board of Directors of the Company is pleased to announce that the proposed capital increase in
Jilin Midas Light Alloy as disclosed in the Announcement has been completed, after the relevant
authorities in the People’s Republic of China having approved the CIA and the JVA. As at the date
hereof, Jilin Midas Light Alloy has a registered capital of US$100 million, with the Company and Jilin
Kaitong respectively holding 55% and 45% of the equity interest in Jilin Midas Light Alloy.