Shanghai Erfangji (SSE: 600604): predicts profit for the year of 2008

According to Shanghai Erfangji Co., Ltd (SSE: 600604), the company expects that it will make the deficits and get surpluses for the year of 2008. Concrete figures will be disclosed in its 2008 annual report. The net profit for the corresponding period of last year is cny -277,815,594.42.