TORONTO, ONTARIO -- 11/12/09 --
China Zirconium Limited (HKE: 0395) -
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
The Company has changed its name from China Zirconium Limited to Sino Dragon New Energy Holdings Limited and adopted its Chinese name, for identification purposes only, with effect from 12 October 2009.
Market participants should note that the English and Chinese stock short names for trading in the ordinary shares (stock code: 0395) of the Company will be changed to "SINO DRAGON" and "Chinese name", respectively, with effect from 18 November 2009.
Reference is made to the announcement of Sino Dragon New Energy Holdings Limited (formerly known as China Zirconium Limited, the "Company") dated 8 September 2009 and the circular of the Company dated 17 September 2009 relating to, among others, the proposed change of the Company's name.
CHANGE OF COMPANY NAME
The board of directors (the "Board") is pleased to announce that the special resolution approving the change of the Company's name from "China Zirconium Limited" to "Sino Dragon New Energy Holdings Limited" was duly passed by the shareholders of the Company at the extraordinary general meeting held on 12 October 2009 ("Effective Date"). The "Certificate of Incorporation on Change of Name" was issued to the Company by the Registry of Companies of the Cayman Islands on 12 October 2009. The Company has also adopted its Chinese name for identification purposes only with effect from the Effective Date. The Company had completed the necessary filing procedures with the Companies Registry in Hong Kong and received the "Certificate of Registration of Change of Corporate Name of Non-Hong Kong Company" issued by the Companies Registry in Hong Kong on 9 November 2009.
TRADING ARRANGEMENT
Market participants should note that the English and Chinese stock short names for trading in the ordinary shares (stock code: 0395) of the Company will be changed to "SINO DRAGON" and "Chinese name", respectively, with effect from 18 November 2009.
The following table sets out the arrangement of the stock code and stock short names that will be in use during the transitional period from 18 November 2009, Wednesday to 11 December 2009, Friday (both days inclusive):
Stock Quote and Short Name Table
EFFECT OF CHANGE OF COMPANY NAME
The change of name of the Company will not affect any of the rights of the shareholders of the Company. All existing share certificates in issue bearing the former name of the Company will continue to be effective as evidence of title and be valid for trading, settlement and registration purposes. Accordingly, there will not be any arrangement for an exchange of existing share certificates of the Company for new share certificates bearing the Company's new name. As the change of name has become effective, new share certificates of the Company will be issued in the new name of the Company.
By order of the Board
Yang Xin Min
Chairman
Hong Kong, 12 November 2009
As at the date of this announcement, the Directors of the Company are Mr. Yang Xin Min, Ms. Huang Yue Qin, Mr. Zhou Quan, Mr. Li Fu Ping as Executive Directors, Mr. Cheng Faat Ting Gary, Mr. Carl Steiss and Mr. Victor Tong as Independent Non-Executive Directors.
Contacts:
Sino Dragon New Energy Holdings Limited
(852) 2123-9986
(852) 2530-1699 (FAX)
investors@chinazirconium.com.hk
