Item 3.02 Unregistered Sales of Equity Securities.

On November 28, 2012, Mr. Jianhua Wu, our chairman of the board and chief executive officer, and his wife, Ms. Lihua Tang, purchased a total of 157,966 shares of common stock for $3.88 per share, or a total of $612,903 (RMB3,800,000) pursuant to agreements dated November 26, 2012. Payment was made in RMB.

The shares were issued pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended, pursuant to Regulation S of the Securities and Exchange Commission thereunder.

Item 7.01 Regulation FD Disclosure

On December 3, 2012, the Company issued a press release with respect to the sale of the shares to Mr. Wu and Ms. Tang. A copy of the press release is included as Exhibit 99.3.

In accordance with General Instruction B.2 of Form 8-K, the information in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.3, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any of the Company's filings under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date hereof and regardless of any general incorporation language in such filings, except to the extent expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99.1 Agreement dated November 26, 2012 between the Registrant and Wu Jianhua.

99.2 Agreement dated November 26, 2012 between the Registrant and Tang Lihua.

99.3 Press release issued December 3, 2012.

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