From royal resources announcement 8 oct 2009;About Sin-Tang...

From royal resources announcement 8 oct 2009;

About Sin-Tang Development Pte Ltd
SinTang Development Pte Ltd is a special purpose Singapore based investment and trading
company investing in upstream bulk commodity projects in the carbon steel sector. The company
is supported by Tianjin Metallurgy Group Co. Ltd and Hebei Tangshan Ganglu Iron & Steel
Corporation. These steel mills combined production capacity is more than 9 million tonnes per
year with an annual consumption of iron ore of over 12 million tonnes, 8 million tonnes of which
are imported.
The companys major shareholders are:
 Mr Du Zhenzeng, Founder and Owner of Tangshan Ganglu Iron & Steel Co. Ltd, Hebei
Province, China, currently producing 4 million tonnes of steel per annum, with expansion to
5 million tonnes per annum by end of 2009. Mr.Du holds a 40% share in Sin-Tang.
 Mr Zhou LianMing, Founder and Owner of Hebei Xinquan Coking Co, currently operating a
1 million tonne delayed coking operation, with further expansion. Mr Zhou owns 25% of
Sin-Tang.
 Mr Xie Yuzheng, a trader in Iron Ore with an annual trade of 7 million tonnes per annum.
He is currently on the boards of Auvex Resource Ltd, a listed company producing
manganese ore, and Jupiter Mines Ltd, an ASX listed company. Mr Xie owns 30% of Sin-
Tang.
Sin-Tang currently has long-term iron ore supply contracts with Indian and Australian producers.