Total Revenue ($US Million):
2006: $7,810,356
2005: $5,390,401
Change: + 45%

Net Income ($US Million):
2006: $1,393,217
2005: $702,800
Change: + 98%

2007 First Six Months
($US Million):
Total Revenue: $5,019,079
Net Income: $961,279
Earning per share: $0.04

2007 Fiscal Revenue and Earnings Forecast ($US Million):
Total Revenue: $10,000,000
Net Income: $2,000,000
Earnings per share: $0.08

Outstanding Shares:
24,317,899 as of 5/18/2007
of that 14,495,734 is restricted

Tian Ling
Chairman and CEO

Du Song
Chief Financial Officer

Xie Guihong
Vice president

Lao Chengxu
Board Secretary

Established in 1998 to capitalize on China’s push to modernize its banking and insurance industries to Western standards, Xinyinhai Technology Ltd. specializes in printing high-end forms, documents, certificates, passports and bank books. The company utilizes state of the art technology that is ISO9000, ISO9001 and ISO14001 certified and features the latest in anti-falsification software.

Xinyinhai is one of only 15 manufactures of banknotes in China. Clients include Bank of China, China Construction Bank, China Life, China Rural Credit Union, China Postal Services Regulatory Bureau, Agricultural Bank of China and the China Construction Bank.

Instead of competing against global financial printers chasing a trend of supplying one-stop shopping to China’s public companies that are increasingly faced with shorter printing time lines due to the disclosure requirements of Sarbanes-Oxley, Xinyinhai is following another trend, a trend toward greater accountability for China’s banking and insurance industries.

China’s Central Government is demanding greater use of invoices and other evidentiary documents as well as anti-falsification technologies to enforce tax compliance. This trend should lead to greater outsourcing of high-end printing, increased demand for Xinyinhai’s products and services, and create M&A opportunities among China’s highly fragmented 97,000 printers, which are predominately low-end enterprises that can not afford advanced printing technologies.

• First six months of 2007 revenue grew 47% over 2006.
• First six months of 2007 net income grew 2,000% over 2006.
• First six months of 2007 earnings per share are US$0.04.
• Our US listing gives us access to expansion capital and acquisition financing.
• We can afford to import printing equipment featuring advanced technology.
• We utilize state of the art anti-falsification software.
• Our successful marketing team focuses on high-end clients.
• Our clients include China’s leading banking and insurance companies.
• We are one of only 15 licensed printers on financial notes in China.
• Our success has lead to a backlog of orders.
• A recent construction agreement will double our production capacity.
• Our recent construction agreement provides tax incentives and subsidies of land assignment fees base on the revenues we generated.
• We do not compete against global financial printers who focus on providing compliance, electronic distribution and communication products to China’s public company.
• We manufacture invoices and evidentiary documents with anti-falsification technologies to meet tax compliance demanded by the Central Government.

• 2006 global printing industry was US$601 billion.
• 2006 US printing industry was US$170.3 billion.
• 2006 US printing industry value increased only 3% over 2005.
• US printing industry growth rate was 3.0% - 3.4% from 1995-2001, due to consolidation and international outsourcing.
• Pira predicts total value of global print will be US$721 billion by 2011.
• Pira predicts China’s total value of print will grow by 60 per cent by 2011.
• 2006 China total printing market was $60 billion.
• From 2001 to 2005 China’s printing industry annual growth rate was 14.6%.
• China’s printing market will grow at a 17% annual compound rate.
• Printing output value as a percentage of China’s GNP has risen from .086% in 1995 to 1.65% in 2003 to its current rate of 2% in 2005.
• During the Eleventh Five-Year Plan which calls for greater IT integration, China’s printing gross output value will reach 2.5％ of GNP by 2010.