04-10-2012

5th July 2012, Chairman Mr. Terry Cuthbertson, CEO Mr. Kenneth Lee, and Director Dr. Simon Ning visited Beijing. During the trip they met with Mr. Ji Weizhong, who is the Chairman of Jiangxi CITIC Mining Investment Co. Ltd,. The cooperation of CITIC Mining and SAIS was the major topic discussed in the meeting. CITIC Mining expressed their willingness to utilize their mining resources in Chinaand worldwide influence to support SAIS development. Mr. Yu Zhensheng, the Director of Finance Department of Financial Ministry of China, who is also Director of CITIC Group, encouraged the cooperation between CITIC and SAIS. He said: "The cooperation between the two companies is mutually beneficial, coincide with the Chinese state-owned enterprise's overseas development ambition and strategy". Mr. Yu later invited SAIS management team to play golf with him on one of the best local golf courses in China, theCITIC golf center.

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