said July13 that it expected net profit attributable to shareholders to increase bybetween 150% and 200% in the first half from a net profit of 16.4 millionChinese yuan posted ayear ago.

Netprofit was expected to range between 41.0 million yuan and 49.2 million yuan,which compares to previousguidance of between 16.4 million yuan and 24.6 million yuan.

Thecompany said that prices of gold products rose higher than expected.

As of July 13, US$1 wasequivalent to 6.69 Chinese yuan.