(May 23, 13)

USD/RMB=6.1224

About SMM

SMM Information & Technology Company is China's leading, independent, integrated supplier of metals market intelligence, industry events, research and consulting, and e-commerce services. SMM's flagship portal -www.smm.cn- boasts China's largest number of metals industry customers and has far and away the largest volume of unique daily visitors owing to the richness of its data and Chinese metals market information. SMM employs over 400 professionals dedicated to providing accurate, third-party information and intelligence to customers across China's metals industrial chains as well as in related finance and investment sectors.

SMM publishes the "SMM Price" -Shanghai spot prices for over 100 base metals, precious metals, minor metals, recycled metals, metal powders, compounds, semis, alloys, and rare earths -via its flagship portal every day. The SMM Price is widely recognized as China's authoritative benchmark spot price. SMM's Shanghai Nonferrous Metals Price Index (SMMI) accurately tracks the overall situation in China's nonferrous metals market and was recognized as such with the 3rd class National Science & Technology Progress Award in 2008. SMM's historical price databases stretch back more than ten years. SMM has more than 100,000 registered users and records more than 200,000 unique visits every day as industry insiders turn to their preferred platform to conduct price inquiries, collect information, engage in spot transactions, promote their brands, and seek commercial matchmaking.

SMM covers the metals industrial chain from ores to finished products with detailed reporting of prices and industry data, as well as regular analyses of historical and future industry developments and pricing trends. SMM's annual industry conferences provide an interactive platform from which to understand the industry's development trajectory and policy trends, as well as to strengthen business relationships and to explore new business opportunities. SMM is committed to becoming an integrated service provider of metal industry in China and Asia.