TIDMQIH

RNS Number : 9871X

Qihang Equipment Company Limited

23 February 2012

Qihang Equipment Company Limited

Settlement of loan

Qihang Equipment Company Limited ("Company") has today transferred 25,000,000 ordinary shares and 35,000,000 options to subscribe for ordinary shares, exercisable at 0.8 pence per share, in Metroelectric plc to Wonder Employee Capital Limited ("WECL") in full and final satisfaction of a loan of GBP200,000 received by the Company from WECL in 2009.

For further information please contact:

Qihang Equipment Company Limited

    Mr Yuanqing Li, CEO                                      Tel: 0086 139 2159 4638 
    Mark Chapman, Chairman                          Tel: 0044 (0)1483 894 627 
   Nominated Adviser and Joint Broker      Tel: 0044 (0)20 7796 8800

Northland Capital Partners Limited

William Vandyk

   Joint Broker                                                       Tel: 0044 (0)20 7562 3384

Rivington Street Corporate Finance Limited

Dru Edmondstone

This information is provided by RNS

The company news service from the London Stock Exchange

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