East China Non-Ferrous Equity Investment Partnership (Limited Partnership) managed by East China Mineral Exploration and Development Bureau and Power Capital Co., Ltd acquired 6.25% stake in Leshan Shenghe Rare Earth Co., Ltd. from Wu Jinghui and Sichuan Giastar Group Co., Ltd. for approximately CNY 140 million on May 13, 2012. The buyer paid approximately CNY 100 million for Wu Jinghui's 4.62% stake and CNY 35.9 million for Sichuan Giastar's 1.63% stake in Leshan Shenghe Rare Earth.

East China Non-Ferrous Equity Investment Partnership (Limited Partnership) managed by East China Mineral Exploration and Development Bureau and Power Capital Co., Ltd completed the acquisition of 6.25% stake in Leshan Shenghe Rare Earth Co., Ltd. from Wu Jinghui and Sichuan Giastar Group Co., Ltd. on May 13, 2012.