GUO XIN GROUP<01215> - Exceptional Turnover Movement
The Stock Exchange has received a message from Guo Xin Group Limited
which is reproduced as follows:-
"This statement is made at the request of The Stock Exchange of Hong Kong
Limited.
We have noted the recent increases in the trading volume of the
Company and wish to state that we are not aware of any reasons for such
increases.
We also confirm that there are no negotiations or agreements relating to
intended acquisitions or realizations which are discloseable under
paragraph 3 of the Listing Agreement, neither is the Board aware of any
matter discloseable under the general obligation imposed by paragraph 2 of
the Listing Agreement, which is or may be of a price-sensitive nature.
Made by the order of the Board of Guo Xin Group Limited, the directors of
which individually and jointly accept responsibility for the accuracy of
this statement.
By Order of the Board
GUO XIN GROUP LIMITED
Yip Kar Hang, Raymond
Company Secretary
16 May 2002"
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