China Sun Group High-Tech Co. announced its financial results for the third quarter ended February 29, 2008. For the quarter, the company reported a net revenue grew 167% to a $7.2 Million. GAAP Net income increased 1,016% to $1,953,365 and Basic and diluted earnings per share were $0.05 compared to $0.01 loss for the same period the year before. The revenue growth and substantial increase in net income are based on a number of factors, including increased customer demand for products, expanded production capacity and stricter cost control.

China Sun Group High-Tech Co., which through its majority- owned subsidiary Da Lian Xin Yang High-Tech Development Co. Ltd. (DLX) has the second largest cobalt series production capacity in the People´s Republic of China, announced that following six months of research by its internal technical staff, DLX has unveiled a new white steel, highly efficient, water magnetic iron remover. The remover reduces iron pollution by eliminating large quantities of broken metal bits produced during normal machine operations, hence producing better quality finished end products. The remover is now operational in all DLX equipment.

China Sun Group High-Tech Co., which through its majority- owned subsidiary Da Lian Xin Yang High-Tech Development Co. Ltd. announced that it has made technological improvements to its production line by increasing the lifetime and performance of mixing bowls used during anode material production. DLX´s in-house technical staff has developed a new material that enables the mixing bowl to achieve uniform heat conduction and increase the stability of anode materials. As a result of the Company´s new innovation, the life cycle of the bowl´s use has been extended from 30 uses per bowl to 180 uses per bowl. At the same time, the working temperature inside the bowl can be raised from 900 degrees C to 1280 degrees C, shortening the calcining time (thermal treatment process) from 6.5 hours to 5 hours.