I. Resolutions from the Second Shareholders' Meeting of 2006
On December 27, 2006, Liaohe Jinma Oilfield Co., Ltd. held its second shareholders' meeting of 2006 at the Liaohe Hotel, third floor conference room. The meeting was convened by the company's board of directors and presided over by Chairman Mr. Xie Wenyuan. The proposals reviewed at this meeting were consistent with the contents of the meeting notice, with no modifications or temporary proposals submitted for voting. A total of 1 shareholder and shareholder representatives attended the meeting, representing 1,094,360,943 shares, accounting for 99.49% of the total shares of the company. The convening of the meeting complied with the relevant provisions of the Company Law and the Articles of Association.