Stake Purchase • Metals/Mining

Hubei Xin Yegang Co. Invests In Daye Special Steel Co.

On August 29, 2005, Hubei Xin Yegang Co. invested in metals/mining company Daye Special Steel Co. for 479M CNY

Investment Context

This is Hubei Xin Yegang Co.’s 1st transaction in the Metals/Mining sector.
This is Hubei Xin Yegang Co.’s largest (disclosed) transaction.
This is Hubei Xin Yegang Co.’s 1st transaction in China.

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Investment Summary
Date	August 29, 2005
Target	Daye Special Steel Co.
Sector	Metals/Mining
Investor(s)	Hubei Xin Yegang Co.
Deal Type	Stake Purchase
Deal Value	479M CNY

Target Company

Daye Special Steel Co.

Huangshi, China

Daye Special Steel's quality system has been approved by TV Quality Management System and got ISO9001 standard 2000 Ed and QS9000 1998 Ed Certifications. It is the first company in China who manufactures large-sized steel mooring chain and the third who gets certifications from the United States ABS, Norway DNV, the United Kingdom LR and other international well-known classification societies.

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Investor Overview 1

Investor

Hubei Xin Yegang Co.

Huangshi, China

Category	Company
Sector	Metals/Mining

DESCRIPTION

Hubei Xin Yegang Co., Ltd. engages in steel production.

Deal Context for Investor	#
Overall	1 of 1
Sector: Metals/Mining	1 of 1
Type: Stake Purchase	1 of 1
Country: China	1 of 1
Year: 2005	1 of 1
Size (of disclosed)	1 of 1

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