Item 5.07: Submission of Matters to a Vote of Security Holders

On April 11, 2012, we held an annual shareholder meeting for the fiscal year ended June 30, 2011. A total of 19,533,104 shares were voted in person or by proxy, representing 66.45% of the shares entitled to be voted. All of our directors, specifically, Dr. Guoqing Jiang, Dr. James Jiayuan Tong, Professor Jianping Hou, Mr. James T. McCubbin and Professor Zunjian Zhang were re-elected at the meeting. Furthermore, the re-appointment of Patrizio & Zhao, LLC as our independent accountants to audit our financial statements as of June 30, 2012 and for the fiscal year then ending was approved and ratified.