's Congress of Sichuan Province advantageous industries of the 12th

's Congress of Sichuan Province advantageous industries of the 12th Five-Year Plan "key project. Molybdenum copper project core technology and key equipment introduced from abroad, the overall level of technology reached the international advanced and domestic first-class. Environmental Assessment of molybdenum copper project in strict accordance with current national regulations and the preparation and review of the latest standards, national technical evaluation and administrative examination and approval. The following is the announcement: Sichuan Hongda Co., Ltd. on the media reports "molybdenum copper metal resources deep processing of the comprehensive utilization project to stop the construction," the announcement of the Company and all the members of the Board to ensure that the contents of this announcement is true, accurate and complete, the notice false records, misleading statements or material omissions. July 2, 2012, media reports said: Shifang Municipal Government requirements Sichuan Hongda Co., Ltd. a wholly owned subsidiary of Sichuan Hongda molybdenum copper molybdenum copper metal resources deep processing utilization project to stop construction; day, Shifang The window "website published a Notice of Shifang City People's Government on the copper molybdenum projects. July 3, 2012, Sichuan Hongda the molybdenum Copper Co., Ltd. received the Shifang Municipal People's Government notification molybdenum copper metal deep processing of resources utilization project to stop construction, notify the following major elements: "You held the molybdenum copper project groundbreaking ceremony , the city and some people on the project environmental impact do not understand, do not understand, do not support, reacted strongly to safeguard the city's overall social stability, the government decided that your company molybdenum copper project from now on to stop the construction. molybdenum copper deep processing of metal resources utilization project (referred to as molybdenum copper project) filing be allowed by the Sichuan Provincial Development and Reform Commission, is a national industrial policy to encourage the class project is approved by the Sichuan Provincial People's Congress of Sichuan advantageous industries of the 12th Five-Year Plan "key project . Molybdenum copper project core technology and key equipment introduced from abroad, the overall level of technology reached the international advanced and domestic first-class. Environmental Assessment of molybdenum copper project in strict accordance with current national regulations and the preparation and review of the latest standards, national technical evaluation and administrative examination and approval. Sichuan Hongda Co., Ltd. (referred to as the HTC shares) The sixth of the third meeting of the Board of Trustees and the 2011 First Extraordinary General Assembly considered and adopted the molybdenum copper project-related motion, the announcement was published in the August 31, 2011 and 2011 respectively September 16 of the China Securities Journal, Shanghai Securities News, Securities Times and Shanghai Stock Exchange website (http://www.sse.com.cn). HTC shares will maintain close contact with the Shifang Municipal People's Government, in-depth communication, and timely disclosure of relevant information. HTC shares solemnly remind the majority of investors: "China Securities News, Shanghai Securities News, Securities Daily, Securities Times and Shanghai Stock Exchange website for HTC shares specified information disclosure media related information in the notice published by the above specified media. Large number of investors to pay attention to the risk. Notice is hereby given. Sichuan Hongda Co., Ltd. Board of Directors on July 3, 2012