Untitled Document

Initial Letter Date

Form filed

Market Capitalization

02/28/2013

8-K/A

N/A

Please disclose any restrictions that will impact your ability to transfer cash within the corporate structure. Also, discuss the nature of the restrictions on the net assets of your subsidiaries, the amount of those net assets, and the potential impact on your liquidity. Furthermore, if applicable, discuss the amount of cash held in USD versus RMB.