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Chinese Business Delegation Visits FEX – April 2010

On 1 April 2010, Mr Wang Xinan, Mayor of Jiangyin City, led a business delegation to visit FEX. Mr Price, Chairman and CEO of FEX, received the delegation and made a presentation on behalf of FEX.

The delegation consisted of senior executives of businesses from the economically and socially buoyant Jiangyin City. Jiangyin City is located in the south of Jiangsu Province, a developed coastal province in eastern China.

Mayor Wang expressed his municipal government’s commitment to a low carbon economy and confirmed that approximately 100 Jiangyin City-based businesses will seek listing on both onshore and offshore security markets within the coming year.

Mayor Wang was keen to support the local Jiangyin City clean-tech businesses in seeking listing on SIM Venture Securities Exchange, FEX’s clean-tech equity market. Mr Price accepted Mayor Wang’s invitation to visit Jiangyin City to meet with potential clean-tech listees.

Mayor Mr Wang Xinan

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