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Kaidi Coal Chemical Industry Co(Beihai)Base Co Ltd & Wuhan Kaidi Electric Power Co Ltd	Update Date: 09/23/08
Date Announced: 07/25/08
Value (million $USD): 0.7 million U.S. Dollar 5.0 million Chinese Yuan

Status: Completed

TRANSACTION DETAILS
Date Announced	07/25/08
Date Originally Announced	08/15/08
Format	Merger	Acquisition techniques	Divestiture
Attitude	Neutral	Agency	n/a
Value	0.7 million U.S. Dollar 5.0 million Chinese Yuan	Advisor Fees	n/a

SYNOPSIS

CHINA - Wuhan Kaidi Electric Power Co Ltd acquired the entire share capital of Kaidi Coal Chemical Industry Co (Beihai) Base Co Ltd, a chemical manufacturer, and a 90%-owned unit of Zhongying Changjiang International Guaranty Co Ltd (ZC), from ZC (90%) and Wuhan Kaidi Electric Power Engineering Co Ltd (10%), for 5 mil Chinese yuan ($0.734 mil US). The transaction was approved by the board of directors.

TARGET
Name	Kaidi Coal Chemical Industry Co(Beihai)Base Co Ltd
Industries	Medicinal chemicals and botanical products; Pesticides and agricultural chemicals, nec; Industrial organic chemicals, nec; Industrial inorganic chemicals, nec
City	Beihai City
State	n/a
Nation	China
Incorporated in	n/a
Public Status	Subsidiary
Business Description	Kaidi Coal Chemical Industry Co (Beihai) Base Co Ltd is a chemical manufacturer, headquartered in China. It is also engaged in investment activities. The company was founded in 2007.
Advisors	NULL
Target Sales	n/a

ACQUIROR
Name	Wuhan Kaidi Electric Power Co Ltd (Shenzhen : 000939)
Industries	n/a
City	Wuhan, Hubei Province
State	n/a
Nation	China
Incorporated in	n/a
Public Status	Public
Business Description	Wuhan Kaidi Electric Power Co Ltd is an electric utility company, headquartered in China. The company was founded in 1993.
Advisors	NULL
Acquiror Sales	248.8 million U.S. Dollar 1.70 billion Chinese Yuan

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