Xiangyu Dredging Holdings Ltd.

Yue Da Holdings Limited (the “Group”) was incorporated in Cayman Islands in June 2001 and was listed on the Hong Kong Stock Exchange ( code: 629) on 29 November 2001. The Group is mainly engaged in management and operation of mining and toll road businesses in the People's Republic of China (the"PRC"). Currently, the Group's mining businesses mainly include the exploration, ore dressing and processing of some base metals such as lead and zinc. The Group also operatesone key National Highway in Hebei Province, which provides steady cash flows for the company since its incorporation. The Group's controlling shareholder, Jiangsu Yueda Group Limited, is one of the key 520 state-owned enterprises in the PRC. As a top 10 company in Jiangsu Province, the parentcompany's annual sales exceed 30 billion RMB in 2006 and currently owns more than 30 branches at home and abroad About usCorporate Profile Organizations Contact UsADD：NO 100,kaifang Road,yancheng,jiangsu,China Tel：(86)515-88888888 Fax：(86)515-88666666 P.P：224001 Web：http://www.88888.com Email：ggf008 [at] 163 [dot] com 05056822号 Tel:0515-88403988 Faz:0515-88735888

Xiangyu Dredging Holdings Limited, the largest privately owned dredging company in China in terms of dredging volume in 2010, has been awarded “2012 China Dredging Company of the Year” by Frost & Sullivan, the globally renowned consulting company, in recognition of Xiangyu Dredging’s outstanding achievements in terms of business expansion, technological advancement for environmentally-friendly dredging and targeted development strategies.