GuangZhou Seagull Kth & Bth Prd Co.,Ltd announced that it will use additional paid in capital to issue new shares to shareholders for fiscal year 2008, with a ratio of every 10 shares to be given one new shares. the Company also announced that it plans to apply to Guangzhou Panyu Sub-branch of Bank of China and Guangzhou Panyu Sub-branch of China CITIC Bank for RMB 225 million and RMB 200 million comprehensive credit lines respectively for fiscal 2009.