CHINA MACHINERY INDUSTRY FIFTH CONSTRUCTION CORP INC.

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SINOCONST Group President Xu Yanlin Investigate SINOCONST5

2012-8-8

From July 11th to 12th, SINOCONST Group investigation team (7 people) which consists of president Xu Yanlin, chief engineer Guan Jie, vice chief accountant & Financial head Zhang Aili and the like, made a survey on SINOCONST5 (SC5). investigation team fully and deeply understand SC5’s fabrication and management situation by means of listening report, individual conversation, hold meeting and so on, scientifically analyze SC5’S basic status, pointed out the defect and effort direction.

President Xu Yanlin emphasized that there is a united & pragmatic leading team in SINOCONST5, hopefully, SINOCOSNT5 staff can enhance sense of responsibility and mission, strengthen theory study, improve management level, establish sound system and clear management flowing procedure. Promote marketing exploit, optimize marketing strategy, and struggle for market exploit. Complete management institutional system; ensure the capital can be efficiently and securely used. We should clearly recognize that present and future facing business situations, uniform conception, determine target, actively work and try to achieve better performance record.

In the administrative-staff participated meeting, president Xu addressed the speech, which topic is Improve project engineering technique, achieve sustainable development, has profound significance on improving staffs awareness on project technique, defining technical project target and enhancing enterprise technique capability.

President Guan pointed out, SINOCONST5 various economic index are steadily increased, comprehensive strength is constantly improved, closely follow SINOCONST Group developing strategy, party-building is vigorous, the achievement is not so easy. Hopefully, vast staff can correctly recognize present severe economic situation, develop our overall consciousness, think deeply and prospective in strategy, it is always well to cast an anchor to windward. Objectively manage finance and enhance various mechanisms, expand talent team, form a group of leading members with lofty ideals, constant pursue, responsibility and capability, continuously explore market, promote economic performance and manage to achieve enterprise developing target.

Enterprise chairman, general manager Ni Shenju specifically introduced SINOCONST5s main situation from the points of economic index completion, marketing business, fabrication management and human resource in the 1st half year, and mentioned the main solutions on mechanism completion and management enhancement, predication on annual index completion situation and analyze existing problems. He stated, in compliance with investigation teams suggestion and requirement, will lead personnel and managers, struggling and exploiting, endeavor to complete year-round various targets, promote enterprise sustainable and reliable development.

SINOCONST Group Planning & Capital management section head Zhang Haiyan, Supervision section head Lang Ying, Operational section assistant head & Legal section head, Communication center head Xu Zhaoxi, president secretary Zhao Nan participated in this investigation. Director, secretary of CPC Li Pengcheng, deputy general manager Zhang Jiawen, vice general manager & chief engineer Liu Xulong, chief accountant Xiong Yanan and the like, report specifically their responsible field work.