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IPO of Nanjing Yunhai Special Metals Co., Ltd. has been approved  
  The application for Initial Public Offering submitted by Nanjing Yunhai Speical Metals Co., Ltd. to the Issuance Review Committee of China Securities Regulatory Commission has been approved on September 17, 2007 upon the Committee’s 126th meeting of 2007. JC Master Law Offices is retained as the legal counsel for the issuer.