CFDA/SAMR, page-4

No matter how many links and articles u point out, there is no evidence BAL is any sooner or at all will receive the licence.

And if the new licence procedure was just to throw out some bad apples, chinese wouldnt introduce the new procedure at all.

And the new licence itself wouldnt create either new market or new products within the industry.

So u wonder why chinese does so, and why BAL holders should have more than 50% confidence receiving it any sooner

All i try to point out without extra incentive such as large shareholding, directors wont run extra mile for u, therefore, leaving less than 50% chance getting it..

However, should BAL receive the new licence, then yes, there will be upsetting rally... but until then, holders or nonholders should take what directors said in the report, 10% growth including 6% in china