[Exceed Company Limited Full year 2011 financial Results Full year revenue up 21.8% year-over-year to RMB3,288.6 million Full year net profit up 33.1% year-over-year to RMB470.1 million Fujian, China, April 30, 2012 – Exceed Company Ltd. (NASDAQ: EDS) (“Exceed” or “the Company”), the owner and operator of “Xidelong” brand and one of the leading domestic sportswear brands in China, today] []
[Century 21 China Real Estate Announces Settlement of Shareholder Petition BEIJING, April 30, 2012 IFM Investments Limited (NYSE: CTC) (Century 21 China Real Estate or the Company), a leading comprehensive real estate services provider and the exclusive franchisor for the CENTURY 21® brand in China, today announced that, following amicable negotiations, the Company and the Companys founders have signed] [FORM 6-K 2012 IFM INVESTMENTS LIMITED 26/A, East Wing, Hanwei Plaza No.7 Guanghua Road, Chaoyang District Beijing, 100004 Peoples Republic of China Form 20-F x Form 40-F o o o o No x S Number Description of Document]
[1nventions 1 PART I 2 Item1. Identity of Directors, Senior Management andvisors 2 Item2. Offer Statistics And Expected Timetable 2 Item3. Key Information 2 Item4. Information of thempany 32 Item4A. Unresolved Staffmments 63 Item5. Operating and Financial Review and Prospects 63 Item6. Directors, Senior Management and Employees] [STYLE="font-family:Times New Roman" SIZE="2">Guangdong Mingyang Wind Power Wind Turbine Supplyntractntract No.: MY20111230 STYLE="font-family:Times New Roman" SIZE="2">Buyer (Party A): Guangdong Mingyang Wind Power Supplier (Party B): Inner Mongolia Mingyang Wind Power Equipment 1. Product name,ecification and model, quantity, unit price and amount:] [Inner Mongolia Mingyang Wind Power Equipment STYLE="font-family:Times New Roman" SIZE="2"> Application for Loan To: Guangdong Mingyang Wind Power Industry: STYLE="font-family:Times New Roman" SIZE="2">Thenstruction of the facility of Inner Mongolia Mingyang Wind Power Equipment is under wayheduled. The land of the plant has been granted. However, Inner Mongolia Mingyang Wind Power Equipment has run short ofsh.] [Subrogationreement STYLE="font-family:Times New Roman" SIZE="2"> Transferor (hereinafter referred to Part A): Zhongshan Mingyang Electrical Appliance Location:lingministration Zone, Torch Development Park, Zhongshan, Guangdong Transferee (hereinafter referred to Party B): Guangdong Mingyang Wind Power Industry Location: Mingyang Industrial Park, Jianye Road, Torch Development Zone, Zhongshan, Guangdong Province] [Subrogationreement STYLE="font-family:Times New Roman" SIZE="2"> Transferor (hereinafter referred to Part A): Zhongshan Mingyang Electrical Appliance Location:lingministration Zone, Torch Development Park, Zhongshan, Guangdong Transferee (hereinafter referred to Party B): Guangdong Mingyang Wind Power Industry Location: Mingyang Industrial Park, Jianye Road, Torch Development Zone, Zhongshan, Guangdong Province] [STYLE="font-family:Times New Roman" SIZE="2"> First Base Investment Limited (incorporated in Hong Kong) KeyCorp Limited (incorporated in Hong Kong)y Trillion Limited (incorporated in the British Virgin Islands) King Venture Limited (incorporated in Hong Kong) Tech Sino Limited (incorporated in Hong Kong)iatechs Limited (incorporated in Hong Kong) Rich Wind Energy Tworp. (incorporated in the British Virgin Islands)] [Certification by the Chief Executive Officer STYLE="font-family:Times New Roman" SIZE="2"> I, Chuanwei Zhang, certify that: 1. I have reviewed this annual report on Form 20-F of China Ming Yang Wind Power Limited; 2. Based on my knowledge, this annual report does notntain any untrue statement of a material fact or omit to state a material] [Certification by the Chief Financial Officer STYLE="font-family:Times New Roman" SIZE="2"> I, Manfred Loong, certify that: 1. I have reviewed this annual report on Form 20-F of China Ming Yang Wind Power Limited; 2. Based on my knowledge, this annual report does notntain any untrue statement of a material fact or omit to state a material] [Certification by the Chief Executive Officer STYLE="font-family:Times New Roman" SIZE="2"> (1) (2) The informationntained in the Report fairly presents, inl material respects, the financialndition and results of operations of thempany. Chuanwei Zhang Chief Executive Officer d341959dex131.htm 9 EX-13.1] [Certification by the Chief Financial Officer STYLE="font-family:Times New Roman" SIZE="2"> (1) (2) The informationntained in the Report fairly presents, inl material respects, the financialndition and results of operations of thempany. Manfred Loong Chief Financial Officer d341959dex132.htm 10 EX-13.2]
[Hanwha SolarOne Obtains US$ 180 Million Term Loan Facility Led By The Korea Development Bank, Standard Chartered Bank (Hong Kong) Limited, and KEB Asia Finance Limited SHANGHAI, April 26, 2012 /PRNewswire/ -- Hanwha SolarOne Co., Ltd. ("SolarOne" or the "Company") (Nasdaq: HSOL), a vertically integrated manufacturer of silicon ingots, wafers and photovoltaic cells and modules, has obtained, through the Company’s] []
[FORM 20-F ¨ or þ For the year ended December 31, 2011 or ¨ For the transition period from ¨ Date of event requiring this shell company report 001-33799 EXCEED COMPANY LTD. N/A British Virgin Islands (Jurisdiction of incorporation or organization) Unit F, 24/F, China Overseas Building 139 Hennessy Road, Wanchai Hong Kong Tai Yau Ting Unit F, 24/F, China] [Technology Cooperation Agreement (the “Agreement”) Party A: Xidelong (China) Co., Ltd. Party B: China Institute of Sports Science of the General Administration of Sport of China In accordance with the relevant regulations of the Contract Law and the General Principles of the Civil Law of the People’s Republic of China, and through friendly negotiations, Party A and Party B (hereinafter] [Contract for the Investment Project Regarding Setting up a Sportswear Manufacturing Base in Ruichang Industrial Park (Contract No.: N2011 05) This contract is entered into by and between: Promoter: The People's Government of Ruichang City (hereinafter referred to as Party A) Investor: Xidelong (China) Company Limited (hereinafter referred to as Party B) Chapter 1 General Provision 1. Chapter 2 An] [Name of Subsidiary Jurisdiction of Incorporation Beneficial Windrace International Company Limited Cayman Islands 100% Windrace Investment Holding Limited British Virgin Islands 100% Hei Dai Lung Group Company Limited Hong Kong 100% Fujian Xidelong Sports Goods Co., Ltd. People’s Republic of China 100% Xidelong (China) Co. Ltd. People’s Republic of China 100%] [I, Lin Shuipan, the Chairman and Chief Executive Officer of Exceed Company Ltd. (the “Company”), certify that: 1. I have reviewed this annual report on Form 20-F of the Company; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made,] [I, Tai Yau Ting, the Chief Financial Officer of Exceed Company Ltd. (the “Company”), certify that: 1. I have reviewed this annual report on Form 20-F of the Company; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in] [906 Certification April 30, 2012 Lin Shuipan, the Chairman and Chief Executive Officer and Tai Yau Ting, the Chief Financial Officer of Exceed Company Ltd., each certifies that, to the best of his or her knowledge: 1. the Report fully complies with the requirements of Section 13(a) or 15(d) of the Exchange Act; and 2. the information contained in the] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We hereby consent to the incorporation by reference in the Registration Statement (No. 333- 171280) on Form S-8 of our reports dated April 30, 2012, relating to the consolidated financial statements of Exceed Company Ltd. and its subsidiaries (collectively the “Company”) and the effectiveness of the Company’s internal control over financial reporting, which] [100 F Street N.E. Re: Exceed Company Ltd. Ladies and Gentlemen: rd th th th th We have read the statements made by Exceed Company Ltd. as set forth in Item 16F of Form 20-F for the year ended December 31, 2011. We are not in a position to agree or disagree with respect to: a) the statement made in] [Exceed Company Ltd. Unit F, 24/F, China Overseas Building 139 Hennessy Road, Wanchai, Hong Kong. T: +852 2153 2771 April 4, 2012 Crowe Horwath LLP 15233 Ventura Blvd, Ninth Floor Sherman Oaks, California 91043 Dear Mr. Dulek, First of all, Exceed Company Ltd. (“Exceed”) would like to express its thanks to you and your company for all your services and]
[Century 21 China Real Estate Announces Settlement of Shareholder Petition BEIJING, April 30, 2012 IFM Investments Limited (NYSE: CTC) (Century 21 China Real Estate or the Company), a leading comprehensive real estate services provider and the exclusive franchisor for the CENTURY 21® brand in China, today announced that, following amicable negotiations, the Company and the Companys founders have signed] [FORM 6-K 2012 IFM INVESTMENTS LIMITED 26/A, East Wing, Hanwei Plaza No.7 Guanghua Road, Chaoyang District Beijing, 100004 Peoples Republic of China Form 20-F x Form 40-F o o o o No x S Number Description of Document]
[INTRODUCTION 1 2 PART I 2 ITEM1. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT ANDVISERS 2 ITEM2. OFFER STATISTICS AND EXPECTED TIMETABLE 2 ITEM3. KEY INFORMATION 3 ITEM4. INFORMATION ON THEMPANY 27 ITEM4a. UNRESOLVED STAFFMMENTS 39 ITEM5. OPERATING AND FINANCIAL REVIEW AND PROSPECTS 39 ITEM6. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES] [Loanntract for Fixedsets STYLE="font-family:Times New Roman" SIZE="2"> JDC2011003 No.: Borrower Xinjiangqo New Energy 650000410003977 STYLE="font-family:Times New Roman" SIZE="2">Business License No.: Guangfu Xu Legal Representative/Person in Charge: No.2-13, 37 Bei Si Rd (E), 56 Residential Quarters, Shihezi Economic Development Zone, Xinjiang Domicile: 832000 Postde: Bank of China, Bei Er Rd Sub-branch, 108217634297] [STYLE="font-family:Times New Roman" SIZE="2">Contract No.: Wan Zhou Sub-branch Year 2011 Gong Gui Zi No.2901012011100666 Loanntract for Fixedsets STYLE="font-family:Times New Roman" SIZE="2"> Chongqingqo New Energy Borrower: Chongqing Ruralmmercial Bank 1 Dear client: STYLE="font-family:Times New Roman" SIZE="2">With an aim tofeguard your interests, pleaserefully read the following notes before executing thisntract:] [STYLE="font-family:Times New Roman" SIZE="2">JIANYUYINTUANDUANQI[2011]001 SYNDICATED LOANREEMENT IN AMOUNT OF RMB200,000,000 STYLE="font-family:Times New Roman" SIZE="2">Among Chongqingqo New Energy the Borrower Chinanstruction Bank, Chongqing Branch STYLE="font-family:Times New Roman" SIZE="2">As the Lead Manager Chinanstruction Bank, Wanzhou Branch China Everbright Bank, Chongqing Branch STYLE="font-family:Times New Roman" SIZE="2">As the Lenders] [FIXEDSETS LOANREEMENT STYLE="font-family:Times New Roman" SIZE="2"> Huaxia Bank 1 FIXEDSETS LOANREEMENT LQ09102011110085 No.: Chongqingqo New Energy Party A (the Borrower): Xian Jia Village, Longdu, Wanzhou District, Chongqing, China STYLE="font-family:Times New Roman" SIZE="2">Domicile: 404000 Guangfu Xu Postde: 023-64866606 023-64866688 Tel:nstruction Bank Wanzhou Branch] [FIXEDSETS LOANREEMENT STYLE="font-family:Times New Roman" SIZE="2"> Huaxia Bank 1 FIXEDSETS LOANREEMENT LQ09102011110090 No.: Chongqingqo New Energy Party A (the Borrower): Xian Jia Village, Longdu, Wanzhou District, Chongqing, China Domicile: 404000 Postde: Guangfu Xu Legal representative: 023-64866606 Tel: 023-64866688 Fax:nstruction Bank Wanzhou Branch] [High-voltage Electricity Supplyreement STYLE="font-family:Times New Roman" SIZE="2">reement No.: 316001870302 Supplier: Chongqing Electricitympany Wanzhou Supply Bureaunsumer: Chongqingqo New Energy Signing Place: No.200, Baoshan Road, Shuanghekou, Wanzhou District 1 NOW THEREFORE, Chapter 1 Basic Situations of Electricity Supply andnsumption STYLE="font-family:Times New Roman" SIZE="2"> Article 1.dress of Electricitynsumption] [STYLE="font-family:Times New Roman" SIZE="2">File No.: CGYXGQ2011-005 Natural Gas Supply and Usereement Supplier User STYLE="font-family:Times New Roman" SIZE="2"> 1 Chongqing Chuangang Gasmpany Supplier Chongqingqo New Energy User gasreement Thisreement is entered into by and between NOW THEREFORE Chapter 1 Definitionsntracted Gas Volume: refers to the Annual Gas Supply, Monthly Gas Supply andily Gas Supplyreed by both] [List of Subsidiaries Subsidiaries: Jurisdiction oforporation : Chongqingqo New Energy Peoples Republic of China Nanjingqo New Energy Peoples Republic of Chinaqo Solar Energy North America Xinjiangqo New Energy Peoples Republic of Chinago New Energys (Canada) Ontario,nada] [SIZE="1"> I, Gongda Yao, certify that: 1. I have reviewed this annual report on Form20-F ofqo,; 2. Based on my knowledge, this report does notntain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were] [SIZE="1"> Certification by the Principal Financial Officer I, Bing Sun, certify that: 1. I have reviewed this annual report on Form20-F ofqo,; 2. Based on my knowledge, this report does notntain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the] [SIZE="1"> (2)The informationntained in the Report fairly presents, inl material respects, the financialndition and results of operations of thempany. d295589dex131.htm 12 EX-13.1] [SIZE="1"> Certification by the Principal Financial Officer (2) The informationntained in the Report fairly presents, inl material respects, the financialndition and results of operations of thempany. d295589dex132.htm 13 EX-13.2] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM STYLE="font-family:Times New Roman" SIZE="2">Wensent to theorporation by reference in the Registration Statement No. 333-172234 on Form S-8 of our reportsted April 30, 2012 relating to thensolidated financial statements and the financial statementhedule ofqo New Energyrp. and its subsidiaries and variable interest entity, and the effectiveness ofqo New Energyrp.]
[Hanwha SolarOne Obtains US$ 180 Million Term Loan Facility Led By The Korea Development Bank, Standard Chartered Bank (Hong Kong) Limited, and KEB Asia Finance Limited SHANGHAI, April 26, 2012 /PRNewswire/ -- Hanwha SolarOne Co., Ltd. ("SolarOne" or the "Company") (Nasdaq: HSOL), a vertically integrated manufacturer of silicon ingots, wafers and photovoltaic cells and modules, has obtained, through the Company’s] []
[FORM 20-F ¨ or þ For the year ended December 31, 2011 or ¨ For the transition period from ¨ Date of event requiring this shell company report 001-33799 EXCEED COMPANY LTD. N/A British Virgin Islands (Jurisdiction of incorporation or organization) Unit F, 24/F, China Overseas Building 139 Hennessy Road, Wanchai Hong Kong Tai Yau Ting Unit F, 24/F, China] [Technology Cooperation Agreement (the “Agreement”) Party A: Xidelong (China) Co., Ltd. Party B: China Institute of Sports Science of the General Administration of Sport of China In accordance with the relevant regulations of the Contract Law and the General Principles of the Civil Law of the People’s Republic of China, and through friendly negotiations, Party A and Party B (hereinafter] [Contract for the Investment Project Regarding Setting up a Sportswear Manufacturing Base in Ruichang Industrial Park (Contract No.: N2011 05) This contract is entered into by and between: Promoter: The People's Government of Ruichang City (hereinafter referred to as Party A) Investor: Xidelong (China) Company Limited (hereinafter referred to as Party B) Chapter 1 General Provision 1. Chapter 2 An] [Name of Subsidiary Jurisdiction of Incorporation Beneficial Windrace International Company Limited Cayman Islands 100% Windrace Investment Holding Limited British Virgin Islands 100% Hei Dai Lung Group Company Limited Hong Kong 100% Fujian Xidelong Sports Goods Co., Ltd. People’s Republic of China 100% Xidelong (China) Co. Ltd. People’s Republic of China 100%] [I, Lin Shuipan, the Chairman and Chief Executive Officer of Exceed Company Ltd. (the “Company”), certify that: 1. I have reviewed this annual report on Form 20-F of the Company; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made,] [I, Tai Yau Ting, the Chief Financial Officer of Exceed Company Ltd. (the “Company”), certify that: 1. I have reviewed this annual report on Form 20-F of the Company; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in] [906 Certification April 30, 2012 Lin Shuipan, the Chairman and Chief Executive Officer and Tai Yau Ting, the Chief Financial Officer of Exceed Company Ltd., each certifies that, to the best of his or her knowledge: 1. the Report fully complies with the requirements of Section 13(a) or 15(d) of the Exchange Act; and 2. the information contained in the] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We hereby consent to the incorporation by reference in the Registration Statement (No. 333- 171280) on Form S-8 of our reports dated April 30, 2012, relating to the consolidated financial statements of Exceed Company Ltd. and its subsidiaries (collectively the “Company”) and the effectiveness of the Company’s internal control over financial reporting, which] [100 F Street N.E. Re: Exceed Company Ltd. Ladies and Gentlemen: rd th th th th We have read the statements made by Exceed Company Ltd. as set forth in Item 16F of Form 20-F for the year ended December 31, 2011. We are not in a position to agree or disagree with respect to: a) the statement made in] [Exceed Company Ltd. Unit F, 24/F, China Overseas Building 139 Hennessy Road, Wanchai, Hong Kong. T: +852 2153 2771 April 4, 2012 Crowe Horwath LLP 15233 Ventura Blvd, Ninth Floor Sherman Oaks, California 91043 Dear Mr. Dulek, First of all, Exceed Company Ltd. (“Exceed”) would like to express its thanks to you and your company for all your services and]
[FORM 20-F (Mark One) o OR x For the fiscal year ended December 31, 2011 OR o OR o Date of event requiring this shell company report: For the transition period from to JINPAN INTERNATIONAL LIMITED British Virgin Islands (Jurisdiction of incorporation or organization) c/o Hainan Jinpan Electric Company, Ltd No. 168 Nanhai Avenue (Building No. 7), Haikou Free Trade] [Summary of Agreement between Hainan Jinpan Electric Co. Ltd. and Guilin Jin Fu Investment Co. Ltd. to acquire Guilin Jun Tai Fu Construction and Development Co. Ltd. The parties agreed that within seven (7) business days of the execution of the Agreement, GJF would complete the following: · · Work with Hainan Jinpan to register the transfer of JTF with] [Summary of Agreement between Hainan Jinpan Electric Co. Ltd. and Siemens Ltd. China to license SIVACON 8PT low-voltage switchboard Siemens agreed to provide to Hainan Jinpan start -up assistance, training, and consultancy services in connection with the licensing. Hainan Jinpan agreed, agreed to require its supplier, to maintain a quality assurance system as stipulated in a separate Quality Assurance Agreement] [Summary of Agreement between Hainan Jinpan Electric Co. Ltd. and Hainan Si Hai Industrial Commercial Consolidated Company to lease factory building in the Haikou facility · The Property is 6,952 square meters. The Lessee is responsible for the renovating, equipping, and maintaining the Property · The term of the lease is two (2) years, beginning on January 1, 2012 and] [Summary of Agreement between Jinpan Electric Group (Shanghai) Co. Ltd. and Beijing Shi Xin Steel Frame Co. Ltd. to construct steel frame for factory building in the Shanghai facility rd] [Summary of Agreement between Jinpan Electric Group (Shanghai) Co. Ltd. and Shanghai Kai Tian Construction Group Co. Ltd. to construct factory building in the Shanghai facility] [Summary of Agreement between Guilin Jun Tai Fu Construction and Development Co. Ltd. and Zhe Jiang Qing Ye Construction Design Co. Ltd. to design factory buildings, roads, and associated networks in the Guilin facility Guilin Jun Tai Fu Construction and Development Co. Ltd. (“Guilin JTF”) entered into an agreement (“Agreement”) with Zhe Jiang Qing Ye Construction Design Co. Ltd. (“QYC] [Summary of Agreement between Guilin Jun Tai Fu Construction and Development Co. Ltd. and Guilin Institute of Survey Design to conduct construction site survey in the Guilin facility th] [Summary of Agreement between Guilin Jun Tai Fu Construction and Development Co. Ltd. and Guilin Institute of Architectural Design to design dormitory building, cafeteria, and certain other structures in the Guilin facility] [Summary of Agreement between Guilin Jun Tai Fu Construction and Development Co. Ltd. and Guilin City Yan Shan District Tuo Mu Township Wei Jia Du Village Committee to construct enclosure wall in the Guilin facility th] [Summary of Agreement between Guilin Jun Tai Fu Construction and Development Co. Ltd. and Guilin City Yan Shan District Tuo Mu Township Wei Jia Du Village Committee to construct retaining wall for drainage ditch in the Guilin facility th th] [Summary of Agreement between Guilin Jun Tai Fu Construction and Development Co. Ltd. and Guang Xi Construction Group No. 4 Construction Co. Ltd. to construct roadway, bridge, and drainage systems in the Guilin facility th th] [Summary of Agreement between Guilin Jun Tai Fu Construction and Development Co. Ltd. and Shanghai Zheng Hong Construction Consulting Co. Ltd. for bid management services · assist Guilin JTF in filing the application for bid invitations; · distribute bid invitations and acceptance of bidder registration; · prepare, submit for review, and distribute pre-bid qualification documents, and assist Guilin JTF to] [Summary of Agreement between Guilin Jun Tai Fu Construction and Development Co. Ltd. and Beijing Shi Xin Steel Frame Co. Ltd. for the construction of steel frames for factory, office, and ancillary buildings in the Guilin facility] [Summary of Agreement between Guilin Jun Tai Fu Construction and Development Co. Ltd. and Guilin Gui Gong Construction Management Co. Ltd. for construction management services] [JINPAN INTERNATIONAL LIMITED AND PRINCIPAL SUBSIDIARIES AS OF DECEMBER 31, 2011 Name State of Incorporation Jinpan International (USA) Limited State of New York Jinpan Realty Group, LLC State of New Jersey Jinpan Electric (China) Company Limited People’s Republic of China Hainan Jinpan Electric Company Limited People’s Republic of China Hainan Jinpan R&D Company Limited People’s Republic of China Wuhan Jinpan] [CERTIFICATION I, Li Zhiyuan, certify that: 1. I have reviewed this annual report on Form 20-F of Jinpan International Limited; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were] [CERTIFICATION I, Mark Du, certify that: 1. I have reviewed this annual report on Form 20-F of Jinpan International Limited; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were] [CERTIFICATION 30 April Li Zhiyuan Li Zhiyuan Chief Executive Officer 30 April Mark Du Mark Du Chief Financial Officer] [Consent of JBPB & Co., independent registered public accounting firm The Board of Directors: Jinpan International Limited We hereby consent to the incoporation by reference in the registration statements on Form F-3 (No. 333-140094, effective January 19, 2007), Form S-8 (File No. 333-140109, effective January 19, 2007) and Form F-3 (no. 333-151817, effective September 8, 2008) of Jinpan International Limited] [Consent of Independent Registered Public Accounting Firm Shanghai, The People’s Republic of China April 30 , 2012] [April 30, 2012 Office of the Chief Accountant 100 F Street, NE Dear Sir or Madam: We have read Item 16F of Form 20-F of Jipan International Limited for the year ended December 31, 2011 and agree with the statements concerning our Firm contained therein. Very Truly yours, JBPB & Co (formerly known as Grant Thornton) Hong Kong]
