According to the Reply of Ningbo Municipal People's GovernmentNo. Yong [1998]248 and Ningbo Economic System Reform Commission OfficeNo. Yong Stock Reform [2002]27 on Agreeing to Increase the Registered Capital of Hongrun Construction Group Co., Ltd., the company made two capital increases in 1998 and 2002. After the capital increase, the company's total share capital is 82.32 million shares (65,438+0 yuan per share). The Company has gone through the formalities for changing the registered capital in Ningbo Administration for Industry and Commerce, and the registered capital after the change is RMB 82.32 million. In August, 2006, with the approval of China Securities Regulatory Commission, Jian Zheng Zheng Jian Fa Zi [2006] No.48, the company publicly issued 28.5 million RMB ordinary shares, each with a par value of 65,438+0.00 yuan and an issue price of 9.65,438+08 yuan. After this issuance, the company's share capital is 65,438+065,438+0,082. On May 25th, 2007, according to the resolution of the 2006 annual general meeting of shareholders, based on the total share capital of 65,438+00,820,000 shares at the end of 2006, five shares were sent to all shareholders for every 65,438+00 shares, that is, 55,465,438+00,000 yuan was converted into share capital from undistributed profits.