EC-FOUNDER - Unusual price movement



We have noted the recent decreases in the price of the shares of the
Company and wish to state that we are not aware of any reasons for such
decreases.

We also confirm that there are no negotiations or agreements relating to
intended acquisitions or realisations which are discloseable under rule
13.23, neither is the Board aware of any matter discloseable under the
general obligation imposed by rule 13.09, which is or may be of a price-
sensitive nature.

Made by the order of the Board of EC-Founder (Holdings) Company Limited,
the directors of which individually and jointly accept responsibility for
the accuracy of this statement.

As at the date of this statement, the Board comprises Mr Zhang Zhao Dong
(Chairman), Mr Xia Yang Jun, Mr Xie Ke Hai , Mr Chen Geng (President) and
Mr Zheng Fu Shuang (each of whom an executive director), Mr Li Fat Chung,
Ms Wong Lam Kit Yee and Ms Cao Qian (each of whom an independent non-
executive director).

By order of the Board
EC-Founder (Holdings) Company Limited

Lau Fai Lawrence
Alternate Authorised Representative

Hong Kong, 5 March 2007"