The Registrant held its Annual Meeting of Shareholders on June 15, 2012, at the Registrant's executive offices located at 1801 King Long International Mansion, 9 Fulin Road, Beijing, China. A total of 2,423,759 of the Registrant's ordinary shares were present in person or by proxy, representing a quorum of 61.33%. The following tables reflect the certified tabulation of the votes with respect to each proposal submitted to a vote of the Registrant's shareholders at the Annual Meeting of Shareholders. Abstentions were counted as present for the purpose of establishing a quorum, but were not treated as votes cast on each respective proposal.

PROPOSAL 1: Election of Directors

To elect the Class II directors nominated by the Nomination Committee of the Registrant's Board of Directors to serve until the Annual Meeting of Shareholders following the fiscal year ending June 30, 2014. The Class II nominees that received a plurality of the properly cast votes were Hu Jijun and Nelson N.S. Wong, who were thereby elected to the Registrant's Board of Directors. The tabulation of the certified voting results is as follows:

      Nominee                For          Against      Withheld       Broker Non-Votes
      Hu Jijun             1,307,320             0         8,253              1,108,186
      Nelson N.S. Wong     1,305,040             0        10,533              1,108,186

The Table below shows the composition of the Registrant's Board of Directors and the Board committees following the Annual Meeting of Shareholders:

             Board         Independent               Committees
          Yin Shenping         No
        Chen Guangqiang        No
        Nelson N.S. Wong       Yes       Audit*, Nominating and Compensation
          Zhao Shudong         Yes       Audit, Nominating* and Compensation
            Hu Jijun           Yes       Audit, Nominating and Compensation*

PROPOSAL 2: Ratification of Independent Registered Public Accountant Appointment

To ratify the appointment of Friedman LLP as the Registrant's independent registered public accountant for the fiscal year ending June 30, 2012. The proposal was approved by a majority vote of 99.28% of the votes cast. The tabulation of the certified voting results is as follows:

For Against Abstain Broker Non-Votes 2,406,529 17,180 50 -

A copy of the press release announcing the results of the Annual Meeting of Shareholders is attached hereto as Exhibit 99.1.

(a) Financial statements of businesses acquired.

Not Applicable.

(b) Pro forma financial information.

Not Applicable.

(c) Shell company transactions.

Not Applicable.

(d) Exhibits.

99.1 Press release dated June 18, 2012.

Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

By: /s/ Yin Shenping
Yin Shenping
Chief Executive Officer

Dated: June 18, 2012