ChinaGarmentsCo.,Ltd.

　　CHINA GARMENTS CO., LTD.
    NO.8 SOUTH ZUNYI ROAD
    CHANGNING DISTRICT
    SHANGHAI, CHINA
    TEL: 0086-21- 62082293, 62082235      FAX:0086-21-62782124
    E-mail: china_garments@fm365.com P.C.:200336
    
    To Whom It May Concern:
    We-China Garments Co., Ltd is a listed company covering all the fields of the while garments industry. It is established on the basis of reorganizing China Garments Research Design Center (Group) and by raising public funds. The company is in the van of the information network, scientific technological development, research and design ,dressing culture etc. At present, it is a listed company with the most industrial features, the most comprehensive superiority and the most developing future in the whole Chinese garments industry.
    
    Its share certificates were issued with a fixed price in the net on January 20th 1999;and they were quoted and listed in Shenzhen Stock Exchange on April 8th 1999 with the total capital stock of 215,000,000 shares including social public stock of 65,