Liu Gang Co. Ltd: Registration for issuance of shares to specific investors approved.

Announcement of LiuGang Corporation: The company has received the reply from the China Securities Regulatory Commission approving the registration of issuing shares to specific objects by Liuzhou Iron and Steel Corporation Limited. The company is allowed to proceed with the registration application for issuing shares to specific objects. The issuance should be strictly implemented in accordance with the declaration documents submitted to the Shanghai Stock Exchange and the issuance plan. The company is required to complete the issuance payment within ten working days after the reply is issued.