Shenzhen Development Bank Co., Ltd. announced that it has decided to terminate the issue of 120 million A shares of common stock to Baosteel Group Co. after the negotiation between the two. The Company also decided to amend its dividend payment plan for the first half of fiscal year 2008. According to the new plan, the Company will use undistributed profits to pay the cash dividend of RMB 0.335 per 10 shares (before tax), and also stock dividend of three shares per 10 shares to shareholders. This amounts to RMB 796,663,200. In addition, the Company plans to issue up to RMB 10 billion subordinated debentures and up to RMB 10 billion bank debentures, as well as no more than RMB 8 billion hybrid capital bonds in the next three years, with a term of 5-15 years, 1-10 years, and at least 15 years respectively.