CEO and Chairman of the BVI company said in his comments: “We are pleased of signing this 200-250km/h high-speed rail ATP contract for the works we’ve already completed largely. With approximately 17,000 km of high-speed rail tracks currently in construction in China , we are still seeing a huge market potential in high-speed rail signaling market for leading players like Hollysys to realize and capture. Given the whole product suite of our proprietary high-speed rail signaling systems completed and received European Safety Standard certification, Hollysys is poised to explore the vast international railway market to further create value for our shareholders.”

For the safety of company’s employees as well as for environmental protection concerns, the BVI company has ordered an immediate suspension of the molybdenum mining operation in order to further investigate the situation.

At the current moment, Qiao Xing Universal Resources is actively monitoring the mining-waste containment reservoir, and also is evaluating possible remedial options to fix the containment dam and resume mining operation as soon as possible.

The Chairman and CEO of China Natural Resources, Mr. Feilie Li, in his comments said the following: “The results of the independent technical report prepared by Behre Dolbear are encouraging. The Company is committed to providing useful, transparent and internationally comparable coal reserve information to our shareholders and the investment community. The progress of the mine construction and/or upgraded mine development projects of the coal mines is satisfactory. Both Baiping and Gouchang coal mines are currently operating while Linjiaao coal mine is in trial run. The mine construction of Yongsheng mine, which has been granted a mining right permit to mine 600,000 tonnes per annum in its first phase of development, is expected to be completed next year and its trial run will be commenced thereafter. We remain positive about the prospects for the coal mining industry in the PRC and we will continue to pursue growth through acquisition and consolidation of small to medium sized coal mines.”

The new appointment is effective immediately. Mr. Sham is appointed to fill the vacancy resulting from the passing of Kwong Ho Sham, who had been the Chairman of the Board of Directors of the BVI company since its inception.

Mr Tony Kong, CEO of TechFaith’s's 17Vee gaming business, said in his comments, “We continue to gain momentum in our motion gaming business as we develop and launch the differentiated gaming solutions users want. In the case of Android, TechFaith was one of the earliest developers of mobile phones based on the Android platform. We have been able to leverage our design expertise and extensive motion gaming intellectual property to deliver a powerful, highly entertaining motion gaming experience to Android users.”

Also, between 11 July and 14 September of 2011 CTDC will conduct a non-deal roadshow in some cities of the USA, including San Francisco (CA), Los Angeles (CA), New York (NY), and Boston (MA).

The BVI company and two other companies have formally announced their newly-formed PV investment consortium, aiming to improve efficiency and bring comprehensive solutions to solar park construction in Europe. Their consortium has already attracted the attention of leaders from political and business circles.

Subject to the agreement, the three parties will cooperate in all dimensions within the vertically integrated solar value chain, using their own advantages so to increase market share. Basing on CTDC’s established sales channels in China, US and Europe, the parties to the investment consortium will be able to effectively speed up module sales, installations on integrated systems, solar plant development.

The consortium also plans to start with a project company to jointly invest in and construct small-size solar plant, among other things it will cooperate over CTDC’s initiatives. By words of Mr. Jianxin Zhang, CEO of TBEA SunOasis, the PV investment consortium has strong financial support from China Development Bank and China Billion credit facilities.

IT system upgrade and the reporting system deployment of the bank are just one of many components in its overall BI solutions having the purpose to transform itself to become more commercial and compete directly with the big four banks and other major joint stock banks in China.

CEO of the BVI company Mr. Weidong Hong said in his comments: “We are pleased that we have been able to deepen our relationship with this newly acquired customer from a year ago. We started the deployment of our proprietary CMIS system for the customer last year and have been in discussion on a number of other projects.” Mr. Hong continued that this win is “a demonstration of customer’s recognition of industry’s leading comprehensive portfolio of solutions, including the fast growing BI solutions.”

These traits proved to be effective in both lab and field environments, their commercialization is novel to the Chinese market, and they are protected by patents granted separately by China and USA. The BVI company will license the traits to its partner and take the lead in the development and testing activities.

Origin Agritech is the owner of comprehensive worldwide rights to glyphosate- resistant and BT- genes developed by the Chinese Academy of Agricultural Sciences (CAAS).

According to the Acting Chief Financial Officer of the BVI corporation, this agreement is a milestone for Origin Agritech to validate its GM technology. He said that, after the successful integration of these traits, the company would be seeking to finalize subsequent collaboration agreements to sell these seeds into Chinese and potentially in the other markets.

The purpose of this planned arrangement between the parties is to assist Shenyang Power Group in securing from Chinese sources approximately 14% of the debt financing that is anticipated to be required to develop the project, as well as to find suitable engineering, procurement, and construction contractor for Texas Wind Farm.

According to the Letter of Intent, Shenyang Power Group is to appoint China Machinery Engineering Corporation as EPC contractor for the Texas Wind Farm project and CMEC is to assist SPG in obtaining approximately US$260 million in debt financing from banks and other financing agencies in China for Spinning Star Energy LLC, founded to own, develop, and operate the Texas Wind Farm. CMEC would be expected to procure equipment from suppliers designated by SPG.

Shenyang Power Group was incorporated in May 2009 in China as an industrial construction company specializing in electricity generation projects and manufacturing of power equipment.

BVI-registered A-Power initially had contributed 62% of SPG’s registered capital of 1.0 billion, with the remaining capital contributed by other non-related entities that are active in the electricity generation industry. In October 2010, A-Power sold 42.5% of its ownership in Shenyang Power Group, reducing its ownership in the subsidiary to 19.5%. Spinning Star is the joint venture enterprise owned by United States Renewable Energy Group Wind Partners I, LLC.

China Machinery Engineering Corporation was established in 1978 as the first large national corporation integrating foreign trade with industry, it is a large global conglomerate with engineering contracting as its core business.