The China Securities Regulatory Commission (CSRC) approved registration of
Jiangsu Yaokun Hydraulic Co., Ltd.'s initial public offering. The company must
carry out the offering strictly in accordance with the prospectus and
underwriting plan filed with the Shenzhen Stock Exchange. The approval is valid
for 12 months from the date of consent. The company must promptly report any
material events to the Shenzhen Stock Exchange and handle them under relevant
rules until the issuance is completed.
