Ms. Helen Lu reports

MIGAO REPORTS ON ANNUAL GENERAL MEETING OF SHAREHOLDERS

Migao Corp. hosted today shareholders at its annual general meeting and has provided results of the proxy votes as follows.

                            ELECTION OF DIRECTORS

                                         % of votes        Votes % of votes
Director                       Votes for        for     withheld   withheld

Liu Guocai                    22,594,402      99.83%      37,778       0.17%
Peiwei Ni                     22,309,080      98.57%     323,100       1.43%
Robert C. Kay                 22,307,014      98.56%     325,166       1.44%
Keith Attoe                   22,274,303      98.42%     357,877       1.58%
Wu Jianmin                    22,309,980      98.58%     322,200       1.42%
Karina Kuzmak-Bourdet         22,565,837      99.71%      66,343       0.29%
Pingfu Sun                    22,271,903      98.41%     360,277       1.59%

All of the nominees for election as director were unanimously elected as directors to serve until the next annual meeting of shareholders or until their successors are elected or appointed.

Deloitte Touche Tohmatsu was appointed as the company's auditor for the ensuing year, and the directors of the company were authorized to fix its remuneration.