Shantui Holds Official Launch Ceremonies in Indonesia

On December 8, 2011, the Company hosted an event at the International Exhibition Center in Jakarta to mark Shantui's formal entry into Indonesia's concrete machinery market. The event was co-hosted by Shantui's Indonesian partner, PMP (Columbia Group). The event had concrete mixer trucks and trailer pumps on display. Mr. Liu Zhengchang, chairman of the Columbia Group, gave a keynote address, stating how Shantui and Indonesia are a remarkable fit when it comes to product offerings, value and timing. He was followed on the stage by Mr. Tong Li, Shantui's VP in charge of the concrete machinery division. Mr. Tong noted that Indonesia is in the midst of rapid economic growth, similar to that experienced by the BRICs, and that Indonesia, too, has many national infrastructural projects on the planning boards, making Indonesia one of the world's top markets for construction activity and further potential.

Mr. Liu Zhengchang, chairman of the PMP Columbia Group, Shantui's partner in Jakarta, gives
 the keynote address