INTERNATIONAL INVESTMENT HOLDINGS LIMITED

萊昂國際投資控股有限公司

Resolution of LIONAX Shareholders Meeting

An Extraordinary General Meeting of the shareholders of LIONAX INTERNATIONAL INVESTMENT HOLDINGS LIMITED (the "Company ") was held on 22nd January 2008 from 10:00AM to 11:00AM, at Kysonix Inc. at 698 Jing Dong Street, Nanchang, China. The purpose was to consider and pass the following resolutions as ordinary resolutions of the Company:

ORDINARY RESOLUTIONS

(1) Increase in Authorised Share Capital:

THAT the Authorised Share Capital of the Company be increased from HK$10,000,000.00 to HK$20,000,000.00 by the creation of an additional 10,000,000 Ordinary Shares of HK$1.00 each ranking pari passu in all respects with the existing shares of the Company.

(2) Authority granting directors in connection the right to allot shares not exceeding 60% (Sixty per cent) of the aggregate nominal amount of the issued share capital of the Company.

(3) Given the current volatile situation in worldwide capital markets, Lionax has decided to postpone its financing arrangement. This postponement will not impact the fundamentals of Lionax's Tire Pressure Monitoring System (TPMS) business and industry-leading Digital Pressure Sensor development project. Board Chairman Yang Yang was authorized to go on with the company's fundraising in the near future based on market conditions.

(4) As a result, Lionax will suspend its acquisition of Guanhua Cyber Solutions for the time being.

(5) A proposal from Lionax/Kysonix key customer "Vehold Group" in the Netherlands to establish a joint venture business in tracking, navigation and tire pressure monitoring systems was discussed and approved. Vehold Group indicated it would invest in this new joint venture business in China. This will be a good combination of both companies' expertise and technical know-how with Vehold's tracking and tracing products joining with Lionax/Kysonix's TPMS/GPS and digital pressure sensor technology and taking advantage of low manufacturing costs in China. The final products will be distributed in Europe, the U.S. and Asia.

By Extraordinary General Meeting of the
shareholders of LIONAX
Lionax International Investment Holdings Limited
萊昂國際投資控股有限公司
YANG Yang
Chairman of the Board 
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Best Regards,
James Yang
CEO
Lionax Inc. & Kysonix Inc.
China: 0791-8383365(O), 8383292(F)
U.S.   408-730-6883(O),  866-516-9888