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China RuiTai Reports Fiscal Year 2007 Financial Results
Date:4/16/2008

1,903,560 4,623,048

Proceeds from banks checks

and commercial paper -- 9,055,200

Payback of banks checks

commercial paper (1,398,132) --

Decrease (Increase) in

restricted cash to secure bank

checks (1,613,196) (5,114,130)

Loans from employees 303,139 16,763

Net cash provided (used) by

financing activities (804,629) 8,580,881

Increase (decrease) in cash (2,254,327) 2,127,667

Effects of exchange rates

on cash 134,751 128,352

Cash at beginning of period 6,286,289 4,030,270

Cash at end of period $ 4,166,713 $ 6,286,289

Supplemental Disclosures of

Cash Flow Information:

Cash paid (received)

during year for:

Interest $ 1,996,479 $ 824,897

Income taxes $ 1,004,871 $ 503,447

For more information, please contact:

China RuiTai International Holdings Co., Ltd.

Mr. Gang Ma, CFO

Tel: +86-538-385-0703

Email: fcmagang@163.com

CCG Elite Investor Relations

Crocker Coulson, President

Tel: +1-646-213-1915

Email: crocker.coulson@ccgir.com


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SOURCE China RuiTai International Holdings Co., Ltd.
Copyright©2008 PR Newswire.
All rights reserved

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