On May 8, 2006, Silk Co., Ltd. received the “Reply on the Issues Concerning the Share-trading Reform of Wujiang Silk Co., Ltd.” by the State-owned Assets Supervision and Administration Commission of the People's Government of Jiangsu Province. The company's share-trading reform plan has been awarded the People's Government of Jiangsu Province. Approved by the State-owned Assets Supervision and Administration Commission.

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