Sep 13, 2012

To whoever may be concerned at the Daye Nonferrous Metals Co., Ltd,

We hereby acknowledge receiving your Application for Registration of “Dajiang” Silver Bullion and the relevant documents. In accordance with relevant regulations, such as the Precious Metals Registration for Physical Delivery Regulations of the Shanghai Futures Exchange, the "Dajiang" silver bullion meets all the requirements as prescribed by the Exchange for the silver futures contract when the product passes the on-site inspection, sampling and assaying. Therefore, we notify you of the following:

1. The "Dajiang" silver bullion is granted permission to be registered with the Exchange.

2. Since the release of this Notification, the said product will be qualified for the physical delivery agaisnt the Exchange's silver contract. Product specifications is as below:

　　Producer: the Daye Nonferrous Metals Co., Ltd.

　　Place of origin: Huangshi, Hubei

　　Product name: Silver bullion（IC-Ag99.99）

　　Trademark：Dajiang

　　Product logo: （as shown in the picture ）

　　15KG　　　　　　　　　　　　　　　　　　　　　30KG

Size & dimension：

15kg: (370±5)*(135±2)*(30±2)mm

30kg: (320±10)*(130±10)mm (front)

　　　(300±10)*(120±10)mm (back)

　　　Height: 75±10mm

Piece weight：Approx. 15Kkg or 30Kg

Warranted unit （30Kg）：composed of two 15Kg pieces or one 30 Kg piece

Product standard: GB/T 4135-2002