Established a joint venture North United Power Corporation in the People's Republic of China with a 20% interest

Increased the Group's interest in Jiangyin steel mill joint venture companies to approximately 79%

Acquired 65% interest of Sunburst Energy Development Co. Ltd. which in turn beneficially owns, inter alia, 13.44% in Jiangsu Ligang Power Phases I and II and 20% in Fengtai Electric Power. After this acquisition, the Group's attributable interest in Ligang Power Station was increased to 65%.

Established a joint venture Jiangyin Lidian Energy Material Co. Ltd. ( 江 陰 利 電 能 源 材 料 有 限 公 司 ) in the People's Republic of China with an aggregate interest of 71%

Established a joint venture Shanghai Laogang MSW Treatment Co. Ltd. ( 上 海 老 港 生 活 垃 圾 處 置 有 限 公 司 ) in the People's Republic of China with a 30% interest

Established a joint venture Wuxi Xingcheng Steel Products Co., Ltd. in the People's Republic of China with a 80% interest for production and sale of ferrous metal materials

Disposed of all the interests in DCH Healthcare Products Limited to Adaltis Inc.

Acquired 12.5% attributable equity interest in Huai Bei Guoan Power Company, Ltd.

Established Jiangyin Ligang Electric Power Generation Company Limited in the People's Republic of China and held 71% shares

Acquired 95% stake in Dongfang Iron and Steel Co., Ltd. Of Huangshi (subsequently renamed as Hubei Xin Yegang Co., Ltd.) and through which also acquired other steel mill assets including interests in Daye Special Steel Co., Ltd.