2009 SAIC Annual Report - Lihua Electron
2009 SAIC Annual Report - Lihua Copper

2009 SAIC Annual Report:
On May 14, 2010, the Company filed the 2009 annual reports of its two Chinese operating subsidiaries (Lihua Electron and Lihua Copper) with the State Administration for Industry & Commerce (SAIC) in the People's Republic of China. The SAIC is the Chinese government agency responsible for issuing and renewing companies' business licenses. The SAIC reports were prepared in accordance with Chinese accounting rules and policies, and reflect financial information relating to Lihua Electron and Lihua Copper on an unconsolidated basis. By giving effect to reconciliation adjustments, the results contained in these reports are consistent with results reported in the Company's audited financial statements as filed with the U.S. Securities and Exchange Commission. The original filing documents are available on Company's website at: www.lihuaintl.com.