date:May 29, 2013
g shares of the Company not currently owned by the Consortium in a going private transaction (the Transaction) at a price of US$4.01 in cash per American Depositary Share of the Company (ADS, each ADS representing 50 ordinary shares of the Company),orUS$0.0802 in cash per ordinary share of the Company, as the case may be.
According to the proposal letter, the Consortium intends to form an acquisition company toimplement the Transaction, and has held discussions with certain financial institutio