Quote: China Angel Food "Food industry in China... chinese like to eat... PER at 11.2 based on FY2006... this one not to be missed". vested 5,000 shares. Maybe on opening trade, it cheongg..to 20x or even 22.4x ??.

Ha ha ha !!! really cannot miss this, just look at China Sunsine on it 1st trading day..39c. Opening at 55.5c, trading to a high of 595c and a low of 525c B4 it closed at 53c. Vol: 68,362,000 

Rubber accelerators contribute to the bulk of the company's total revenue, accounting for around 97.9% in FY2006.  Its directors believe that it is one of the largest rubber accelerator makers in the world and in the PRC, in terms of production capacity. However, as most of its total revenue come from sales to both domestic and overseas tyre manufacturers, its demand hinges on the growth of the tyre industry.

Revenue for FY05 increased by about 82.2% yoy from RMB238.3m to RMB434.1m. In comparison, revenue for FY06 was RMB474.7m, an increase of around 9.4% from FY05.

Historical price to net cash flow from operations based on the historical net cash flow from operations per Share (using the pre-Invitation share capital of 350,000,000 Shares) for FY2006, assuming that the Service Agreements had been in place from the beginning of FY2006 - 9.3 times

Principally engaged in the production of rubber chemicals, namely rubber accelerators and other related rubber chemicals such as anti-scorching agents, essential for the production of rubber and rubber related products. China Sunsine Chemical Holdings Ltd., which is based in Shandong Province, the people?s Republic of China (?PRC?), is one of the largest rubber accelerators manufacturers in the world and in the PRC, with its customers base consisting of renowned tyre manufacturers from more than 30 countries around the world and various provinces in the PRC.

Issue Size : 120,000,000 New Shares, comprising 5,000,000 Offer Shares and 115,000,000 Placement Shares.

Issue Price : $0.39 for each New Share

3 July 2007, 12.00 noon Close of Application List

4 July 2007 Balloting of applications, if necessary (in the event of over-subscription for the Offer Shares)

5 July 2007, 9.00 am Commence trading on a ?ready? basis