TO: THE SINOTRANS EASTERN COMPANY LIMITED

FUTURES EXCHANGE

FILING SERIAL: SQPF[2013] NO. 21

This is an official response to your Report on Application for the Qualifications as the Certified Delivery Warehouse of Shanghai Futures Exchange, and with respect to the Certified Delivery Warehouse Regulations of Shanghai Futures Exchange, we approve of your company's Zhuanghuabang Warehouse located at No. 4088, Yixian Road, Shanghai as the Exchange certified aluminum and zinc futures delivery warehouse, with an approved storage capacity of 20,000 tons of aluminum and 20,000 tons of zinc.

Since the issuance date of this document, your company shall operate physical delivery business at the certified warehouse under the new storage structure as abovementioned. Your company shall also tightly implement relevant regulations through strengthening the management, so as to ensure that each physical delivery at the certified warehouse is properly done in an orderly manner.