Richly Field China Development Chairman Arrested

The Chairman makes the rookie mistake of crossing the border into HK...

"The board (the “Board”) of directors (the “Directors”) of Richly Field China Development Limited (the 
“Company”, and together with its subsidiaries, the “Group”) announces that in the afternoon of 24 April 
2012, it was informed that Mr. He Guang (“Mr. He”), the Chairman of the Company and an executive 
Director, was arrested by the Commercial Crime Bureau of the Hong Kong Police (“CCB”) in connection 
with an investigation into a suspected offence in relation to knowingly publishing a written statement or 
account of a company about its affairs, which is or maybe misleading, false or deceptive in a material 
particular under Section 21 of the Theft Ordinance (the “Investigation”). Mr. He has been released on 
bail and has not been charged. The Company was also required to provide certain financial information 
and documents of the Group to CCB in relation to the Investigation. Save as disclosed above, the 
Company is not aware of any other employees, directors or related parties of the Company having been 
requested to assist the Investigation."