Jinzhou Cihang equity auction has been registered. Jinzhou Cihang Group Co., Ltd. (hereinafter referred to as the company or Jinzhou Cihang) issued the Prompt Announcement on the Risk of Judicial Auction of Subsidiary Equity on Juchao Information Network on March 8, 2002 (AnnouncementNo.: 202 1-37). Shang Hui Bank has applied to the People's Court of Qianhai Cooperation Zone in Shenzhen for the court auction company to hold the equity of its subsidiary Dongguan Jinye Jewelry Group Co., Ltd., and the application for the equity auction of Jinye Jewelry has been accepted by the court.