This announcement is made pursuant to Rule 13.09 of the Listing Rules.

The Board is pleased to announce that the Company’s wholly- owned subsidiary,Jiangsu Leoch, has passed the accreditation of Haojue Group, the largest motorcycle manufacturer in China to become one of its certified suppliers to supply SLI battery to Haojue Group for its Haojue and Suzuki brand of motorcycle.

This announcement is made pursuant to Rule 13.09 of the Listing Rules.
The Group is principally engaged in the research, design, manufacturing and sales of lead acid battery. The Company’s wholly-owned subsidiary, Jiangsu Leoch, has passed the accreditation of Haojue Group, the largest motorcycle manufacturer in China to become one of its certified suppliers to supply SLI battery to Haojue Group for its Haojue and Suzuki brand of motorcycle.

The accreditation by China’s largest motorcycle manufacturer representing that the Group is becoming a leading player in China’s motorcycle SLI battery market. The Board believed that the accreditation by Haojue Group has proved the Group’s ability to be a reliable supplier of high quality SLI motorcycle battery. Furthermore, it will enhance the Group’s brand recognition by PRC customers, and increase its influence and bring positive effect to its expansion in PRC SLI motorcycle battery market.

Haojue Group is principally engaged in the manufacturing of motorcycle and related industry. It has three production bases in Guangdong Jiangmen, Jiangsu Changzhou and Chongqing Jiangjin respectively. Haojue Group’s Haojue and Suzuki brand motorcycle are popular in China and are currently exported to more than 70 countries. In 2010, its total production exceed 2.81 million unit and has been ranked first in the industry for 8 consecutive years. Haojue Group’s subsidiary, Jiangmen Dachangjiang Group Co.Ltd., is the largest motorcycle manufacturer in China, and has been honoured as one of “Top 500 Enterprises of China” and one of “Top 500 Taxpaying Enterprises of China” for many years. Haojue Suzuki Motorcycle Co.,Ltd. is the
joint venture between Haojue Group and Suzuki Motor Corporation (Japan). It is the largest motorcycle manufacturing Sino-foreign joint venture in terms of scale.