Kong Limited takes no responsibility for the contents of this announcement,
makes no representation as to its accuracy or completeness and expressly disclaims any liability
whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of
this announcement.

This announcement, for which the Directors collectively and individually accept full responsibility,
includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information
with regard to the Company. The Directors, having made all reasonable enquiries, confirm that, to the best
of their knowledge and belief: (1) the information contained in this announcement is accurate and complete
in all material respects and is not misleading; (2) there are no other matters the omission of which would
make any statement in this announcement misleading; and (3) all opinions expressed in this announcement
have been arrived at after due and careful consideration and are founded on bases and assumptions that
are fair and reasonable.

NOTICE OF VOLUNTARY WITHDRAWAL OF LISTING ON GEM,
COMMENCEMENT OF DEALINGS IN THE H SHARES
ON THE MAIN BOARD AND
RESUMPTION OF TRADING IN H SHARES ON GEM

Reference is made to the introduction document of the Company, the circular of the
Company all dated 29 June 2007 in relation to the Proposed Withdrawal, the Proposed
Introduction and the proposed reduction of notice period in respect of the Proposed
Withdrawal. Reference is also made to the announcement of the Company dated 14
August 2007 informing that all the above matters had been approved at the Extraordinary
General Meeting and the Class Meetings. Reference is further made to the
announcements of the Company dated 19 September, 18 October, 19 November and 18
December 2007 informing the Shareholders of the delay in the expected timetable with
regard to the date of the commencement of the dealings of the H Shares on the Main
Board.

The Board is pleased to inform the Shareholders that, on 28 January 2008, the Company
had received CSRC's approval for the listing of the H Shares on the Main Board.

Subject to the obtaining of the final approval from the Main Board Listing Committee
with regard to the Proposed Introduction, notice is hereby given that the last day of
dealings in the H Shares on GEM will be 25 February 2008 and dealings in the H Shares
on the Main Board (stock code: 814) will commence at 9:30 a.m. on 26 February 2008.

At the request of the Company, trading in the Shares on GEM was suspended with effect
from 9:30 a.m. on 29 January 2008 pending the release of this announcement. An
application has been made by the Company to the Stock Exchange for resumption of
trading in the Shares on GEM with effect from 9:30 a.m. on 30 January 2008.

Reference is made to the introduction document of the Company, the circular of the
Company containing, inter alia, the notices convening the Extraordinary General Meeting
and the Class Meetings (the "Circular") all dated 29 June 2007 in relation to the Proposed
Withdrawal, the Proposed Introduction and the proposed reduction of notice period in
respect of the Proposed Withdrawal. Unless otherwise defined, terms and expressions
used in this announcement shall have the same meanings as defined in the Circular.

Reference is also made to the announcement of the Company dated 14 August 2007
informing the Shareholders that the Proposed Withdrawal, the Proposed Introduction and
the proposed reduction of notice period in respect of the Proposed Withdrawal had been
approved at the Extraordinary General Meeting and the Class Meetings.

Reference is further made to the announcements of the Company dated 19 September, 18
October, 19 November and 18 December 2007 informing the Shareholders of the delay in
the expected timetable with regard to the date of the commencement of the dealings of
the H Shares on the Main Board.

The Board is pleased to inform the Shareholders that, on 28 January 2008, the Company
had received CSRC's approval, which was dated 24 January 2008, for the listing of the H
Shares on the Main Board. Thus the previous timetable as specified in the Company
announcement dated 18 December 2007 has been changed and no longer applicable.

NOTICE OF VOLUNTARY WITHDRAWAL OF LISTING ON GEM

Subject to the obtaining of the final approval from the Main Board Listing Committee
with regard to the Proposed Introduction, notice is hereby given that the last day of
dealings in the H Shares on GEM and the commencement of dealings in the H Shares on
the Main Board (stock code: 814) is set out below:

Revised timetable as stated
in the announcement of
the Company dated
18 December 2007
Further revised timetable

Last day of dealings in the H
Shares on GEM Tuesday, 12 February 2008 Monday, 25 February 2008

Proposed Withdrawal to be
effective on Wednesday, 13 February 2008 Tuesday, 26 February 2008

Dealings in the H Shares on the
Main Board to commence on Wednesday, 13 February 2008 Tuesday, 26 February 2008

At the request of the Company, trading in the Shares on GEM was suspended with effect
from 9:30 a.m. on 29 January 2008 pending the release of this announcement. An
application has been made by the Company to the Stock Exchange for resumption of
trading in the Shares on GEM with effect from 9:30 a.m. on 30 January 2008.

By Order of the Board
Beijing Jingkelong Company Limited
Wei Tingzhan
Chairman
Beijing, the PRC
29 January 2008

As at the date of this announcement, the Board comprises four executive Directors, namely, Mr.
Wei Tingzhan, Mr. Li Jianwen, Ms. Li Chunyan and Mr. Liu Yuejin, and two non-executive
Directors, namely, Mr. Gu Hanlin and Mr. Li Shunxiang, and three independent non-executive
Directors, namely, Mr. Fan Faming, Mr. Huang Jiangming, and Mr. Chung Chi Kong.

This announcement will remain on the website of The Hong Kong Exchanges and Clearing
Limited at www.hkex.com.hk under “Latest Listed Companies Information”and GEM website
www.hkgem.com on the “Latest Company Announcements” pages for at least 7 days from the
date of its posting and the company website www.jkl.com.cn