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Halter USX China Index Announces 2011 Year End and 4Q Results and Adds New Constituents

For the fourth quarter and for the year 2011, the Halter USX China Index (AMEX:^HXC) was up 2.40% and down 25.59% respectively. During the same period (fourth quarter and year end), the Dow Jones Industrial Average increased by 11.95% and 5.53% respectively, while the NASDAQ finished up 7.86% and down 1.80%

HXC is also pleased to announce the inclusion of 3 new constituents to its existing index of China-focused, U.S. listed companies including: China Grentech Corporation Limited (NASDAQ: GRRF) engages in the manufacture and sale of wireless coverage products and services for telecommunications operators; Tudou Holdings Limited (NASDAQ: TUDO) that is an online video company; and Zuoan Fashion Limited (NYSE: ZA) which engages in the manufacture, distribution, and retailing of men's apparel.

It was also announced that China Natural Gas, Inc. (NASDAQ: CHNG), WSP Holdings Ltd. (NYSE:WH), American Lorain Corporation (AMEX: ALN), Yucheng Technologies Limited (NASDAQ:YTEC), China Information Technology, Inc (NASDAQ: CNIT), China Finance Online (NASDAQ: JRJC), Ku6 Media Co., Ltd. (NASDAQ: KUTV), China Pharma Holdings, Inc. (AMEX: CPHI), China Marine Food Group Limited (AMEX: CMFO), China Nutrifruit Group Limited (AMEX: CNGL), AgFeed Industries, Inc. (NASDAQ: FEED), China Sunergy Co. Ltd. (NASDAQ: CSUND), and IFM Investments Limited (NYSE: CTC) were removed from the Index.

About the Halter USX China Index

The Index, created by the Halter Financial Group and calculated and distributed by the NYSE Arca, is comprised of companies whose common stock is publicly traded in the United States and the majority of whose business is conducted within the People's Republic of China. The Halter USX China Index was created in response to the unique economic opportunities taking place in China, as well as the current dynamics in the United States capital markets. While there is strong demand for Chinese equity, U.S. investors still seek and prefer the transparency offered with a U.S. listing. For a company to be included in the Halter USX China Index it must conduct a majority of its business in China, maintain an average market cap of over $50 million for the preceding 40 trading days, trade on the NYSE, NYSE Amex or NASDAQ and be approved by USX Selection Committee. Investors can gain exposure to the Index by investing in an exchange-traded fund (ETF), the PowerShares Golden Dragon Halter USX China Portfolio (NYSE Arca: PGJ). For more information please visit www.usxchinaindex.com. The following 163 public companies currently comprise the Halter USX China Index:

21Vianet Group Inc (NasdaqGM: VNET)
3SBio, Inc. (NASDAQ:SSRX)
51 Job, Inc. (NASDAQ: JOBS)
7 Days Group Holdings Ltd (NYSE: SVN)
Acorn International, Inc. (NYSE:ATV)
Actions Semiconductor Co (NASDAQ: ACTS)
Agria Corp. (NYSE: GRO)
AirMedia Group, Inc (NASDAQ: AMCN)
Aluminum Corp. of China Ltd. (NYSE: ACH)
Ambow Education Holding Ltd. (NYSE: AMBO)
American Dairy, Inc (NYSE:ADY)
American Oriental Bioengineering, Inc. (NYSE: AOB)
AsiaInfo Holdings, Inc. (NASDAQ: ASIA)
ATA, Inc. (NASDAQ: ATAI)
AutoNavi Holdings Limited (NasdaqGS: AMAP)
Baidu.com, Inc. (NASDAQ: BIDU)
BCD Semiconductor Manufacturing (NasdaqGS: BCDS)
Bitauto Holdings Limited (NYSE: BITA)
Bona Film Group Limited (NasdaqGM: BONA)
Camelot Information Systems Inc. (NYSE: CIS)
Canadian Solar, Inc. (NASDAQ: CSIQ)
Changyou.com Limited (NASDAQ: CYOU)
Charm Communications Inc. (NASDAQ: CHRM)
China Automotive Systems Inc (NASDAQ: CAAS)
China BAK Battery, Inc. (NASDAQ: CBAK)
China Biologic Products, Inc. (NASDAQ: CBPO)
China Ceramics Co., Ltd. (NasdaqCM: CCCL)
China Cord Blood Corp (NYSE: CO)
China Digital TV Holdings Co., LTD. (NYSE: STV)
China Distance Education Holdings Limited (NYSE: DL)
China Eastern Airlines Corporation Ltd. (NYSE: CEA)
China Gerui Advanced Materials Group Ltd. (NASDAQ: CHOP)
China Green Agriculture, Inc. (NYSE Amex: CGA)
China GrenTech Corporation LTD (NASDAQ: GRRF)
China Hydroelectric (NYSE: CHC)
China Kanghui Holdings (NYSE: KH)
China Life Insurance Co Ltd (NYSE: LFC)
China Lodging Group, Limited (NASDAQ: HTHT)
China Medical Technologies, Inc. (NASDAQ: CMED)
China Metro-Rural Holdings Limited (AMEX: CNR)
China Ming Yang Wind Power Group (NYSE: MY)
China Mobile Hong Kong Ltd. (NYSE: CHL)
China Natural Resources, Inc. (NASDAQ: CHNR)
China Nepstar Chain Drugstore Ltd. (NYSE:NPD)
China New Borun Corp (NYSE: BORN)
China North East Petroleum Holdings Limited (AMEX: NEP)
China Nuokang Bio Pharmaceutical Inc (NASDAQ: NKBP)
China Petroleum and Chemical Corp (Sinopec) (NYSE: SNP)
China Real Estate Information Corporation (NASDAQ: CRIC)
China Recycling Energy Corp. (NASDAQ: CREG)
China Shen Zhou Mining & Resources, Inc. (AMEX: SHZ)
China Southern Airlines Company Ltd. (NYSE: ZNH)
China Techfaith Wireless Communication Technology Ltd. (NASDAQ: CNTF)
China Telecom Corporation Ltd (NYSE: CHA)
China TransInfo Technology Corp (NASDAQ: CTFO)
China Unicom Ltd (NYSE: CHU)
China Valves Technology, Inc. (NASDAQ: CVVT)
China XD Plastics Company, Ltd. (NASDAQ: CXDC)
China Xiniya Fashion Limited (NYSE: XNY)
China Yida Holding, Co. (NASDAQ: CNYD)
China Yuchai International Ltd. (NYSE: CYD)
China Zenix Auto International Ltd. (NYSE: ZX)
ChinaCache International Holdings Ltd. (NasdaqGM: CCIH)
ChinaCast Education Corp. (NASDAQ: CAST)
ChinaEdu Corp. (NASDAQ: CEDU)
Chindex International Inc (NASDAQ:CHDX)
Cninsure, Inc. (NASDAQ:CISG)
CNOOC Ltd. (NYSE: CEO)
Cogo Group, Inc. (NASDAQ: COGO)
Concord Medical Services Holding Ltd (NYSE: CCM)
Country Style Cooking Restaurant Chain Co., Limited (NYSE: CCSC)
Ctrip.com (NASDAQ: CTRP)
DAQQ New Energy Corp. (NYSE: DQ)
Deer Consumer Products, Inc. (NASDAQ: DEER)
E-Commerce China Dangdang Inc. (NYSE: DANG)
E-House (China) Holdings Limited (NYSE: EJ)
eLong (NASDAQ: LONG)
Focus Media Holding Ltd. (NASDAQNM: FMCN)
Fushi International, Inc (NASDAQ:FSIN)
General Steel Holdings, Inc. (NYSE: GSI)
Giant Interactive Group, Inc. (NYSE:GA)
Global Sources Ltd (NASDAQ:GSOL)
Guangshen Railway Co Ltd (NYSE: GSH)
Gulf Resources, Inc. (NASDAQ: GURE)
Hanwha SolarOne, Ltd. (NASDAQ: HSOL)
HiSoft Technology International Limited (NasdaqGM: HSFT)
HLS Systems International, Ltd. (NASDAQ: HOLI)
Home Inns & Hotels Management, Inc. (NASDAQ: HMIN)
HuaNeng Power International, Inc. (NYSE: HNP)
iSoftStone Holdings Limited (NYSE: ISS)
JA Solar Holdings (NASDAQ: JASO)
Jiayuan.com International Ltd. (NASDAQ: DATE)
JinkoSolar Holding Co., Ltd (NYSE: JKS)
Jinpan International Limited (NASDAQ: JST)
Kandi Technologies, Corp. (NASDAQ: KNDI)
Kingold Jewelry, Inc (NASDAQ: KGJI)
KongZhong Corporation (NASDAQ: KONG)
L & L Energy, Inc. (NASDAQ: LLEN)
LDK Solar Co. Ltd. (NYSE: LDK)
Le Gaga Holdings Ltd (NasdaqGS: GAGA)
Lentuo International Inc. (NYSE: LAS)
Lihua International, Inc. (NASDAQ: LIWA)
Longwei Petroleum Investment Holding Ltd (AMEX: LPH)
Mecox Lane Limited (NasdaqGM: MCOX)
Mindray Medical International Ltd (NYSE:MR)
Nam Tai Electronics Inc (NYSE: NTE)
Netease.com, Inc. (NASDAQ: NTES)
NetQin Mobile Inc (NYSE: NQ)
New Oriental Education & Technology Group, Inc. (NYSE:EDU)
Noah Education Holdings, Ltd. (NYSE: NED)
Noah Holdings Ltd. (NYSE: NOAH)
Orient Paper Inc (AMEX: ONP)
Origin Agritech Limited (NASDAQ: SEED)
Perfect World Co., Ltd. (NASDAQ: PWRD)
PetroChina Co. Ltd. (NYSE: PTR)
Phoenix New Media Limited (NYSE: FENG)
Qiao Xing Mobile Com (NYSE:QXM)
Qiao Xing Universal Telephone (NASDAQ: XING)
Qihoo 360 Technology Co. Ltd (NYSE: QIHU)
RDA Microelectronics, Inc. (NasdaqGM: RDA)
ReneSola, Ltd. (NYSE: SOL)
Renren Inc. (NYSE: RENN)
Semiconductor Manufacturing International Corp (NYSE: SMI)
Shanda Games Limited (NASDAQ: GAME)
Shanda Interactive Entertainment Ltd (NASDAQ: SNDA)
ShangPharma Corporation (NYSE: SHP)
Silvercorp Metals Inc. (NYSE Amex: SVM)
Simcere Pharmaceutical Group (NYSE: SCR)
Sina Corporation (NASDAQ: SINA)
SinoCoking Coal and Coke Chemical Industries, Inc. (NasdaqCM: SCOK)
Sinopec Shanghai Petrochemcial Co. Ltd. (NYSE: SHI)
Sinovac Biotech, Ltd. (NYSE Amex: SVA)
Sky-mobi Limited (NasdaqGM: MOBI)
SkyPeople Fruit Juice, Inc. (NASDAQ: SPU)
Sohu.com, Inc. (NASDAQ: SOHU)
SORL Auto Parts, Inc. (NASDAQ: SORL)
SouFun Holdings Limited America (NYSE: SFUN)
Spreadtrum Communications, Inc. (NASDAQ: SPRD)
Suntech Power Holdings Co. Ltd. (NYSE: STP)
Synthesis Energy Systems, Inc. (NasdaqGM: SYMX)
Synutra International, Inc. (NASDAQ: SYUT)
SYSWIN Inc. (NYSE: SYSW)
TAL Education Group (NYSE: XRS)
Taomee Holdings Ltd. (NYSE: TAOM)
Telestone Technologies Corporation (NASDAQ: TSTC)
The9 Limited (NASDAQ: NCTY)
Trina Solar Limited (NYSE:TSL)
Trunkbow International Holdings, Ltd. (NasdaqGM: TBOW )
Tudou Holdings Limited (NASDAQ: TUDO)
UTStarcom Inc (NASDAQ: UTSI)
VanceInfo Technologies Inc. (NYSE: VIT)
Vimicro International Corp. (NASDAQ; VIMC)
VisionChina Media Inc. (NASDAQ:VISN)
Winner Medical Group, Inc. (AMEX: WWIN)
WuXi Pharma Tech (Caymen) Inc. (NYSE: WX)
Xinyuan Real Estate Company Ltd. (NYSE:XIN)
Xueda Education Group (NYSE: XUE)
Yanzhou Coal Mining Co. Ltd. (NYSE: YZC)
Yingli Green Energy Holdings Co. Ltd. (NYSE:YGE)
Yongye International, Inc. (NASDAQ: YONG)
Youku.com Inc. (NYSE: YOKU)
Zhongpin, Inc. (NASDAQ: HOGS)
Zuoan Fashion Limited (NYSE: ZA)

The information in this news release includes certain forward looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements to the future financial performance of the Company. Although the Company believes that the expectations reflected in its forward looking statements are reasonable, it can give no assurance that such expectations or any of its forward- looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development and acceptance, the impact of competitive services and pricing, or general economic risks and uncertainties.

Contacts:

Halter USX China Index
Chelsea Kindred, 972-233-0300
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