- To Increase Production Margins by Mining Cobalt Ore into Finished Products, Including Lithium Ion Batteries - LIAONING PROVINCE, China, June 20 /PRNewswire-FirstCall/ -- Capital Resource Funding Corp. (OTC:CRFU) (BULLETIN BOARD: CRFU) , soon to be known as China Sun Group High-Tech Co., announced today that the Company's majority-owned subsidiary, Dalian Xinyang High-Tech Development Co., Ltd. ("DLX") that has the second largest cobalt series production capacity in China*, has signed a cooperation contract with Shengbao Group and South African Shengbao Mining Enterprises ("Shengbao") to purchase the prospecting and mining rights of a cobalt mine in Lubumbashi, Katanga, Democratic Republic of Congo. According to the agreement, DLX will own the rights to 80% of the mined cobalt, while Shengbao will own the remaining 20%. Shengbao will also be given a right to purchase any surplus cobalt mined, once DLX has filled its backlog of orders. This contract completes the Company's preliminary Letter of Intention previously announced on June 6, 2007. DLX indicated it expects to close on the acquisition in 30 days. DLX also announced that it plans to set-up its own facility near the mine to produce finished cobalt products from raw cobalt ore. Wang Bin, chairman and CEO of Capital Resource Funding, said, "This contract is another important step towards our goal of creating an end-to-end supply chain for finished cobalt ore products. By setting up a facility near the mine, we are at an advantage to provide superior quality-controlled products, increase the extraction rate of the cobalt, and decrease our production costs by creating a direct channel from the mine to the processing plant." Additional details of the transaction can be found on Form 8-K filed with the SEC and available at http://www.sec.gov/. *Source: The China Battery Industry Association About Capital Resource Funding, Inc. Capital Resource Funding, Inc., pending a corporate name change to China Sun Group High-Tech Co., produces anode materials used in lithium ion batteries. Through its wholly owned operating subsidiary, Da Lian Xin Yang High-Tech Development Co. Ltd ("DLX"), the Company primarily produces cobaltosic oxide and lithium cobalt oxide. According to the China Battery Industry Association, DLX has the second largest cobalt series production capacity in China. Leveraging on its technological leadership in China, high- quality product line and scalable production facility, DLX plans to create a fully integrated supply chain from the primary manufacturing of cobalt ore to finished products, including lithium ion batteries. For more information, visit http://www.china-sun.cn/English/Aboutus.asp. Safe Harbor Statement Statements in this press release which are not historical data are forward-looking statements which involve known and unknown risks, uncertainties or other factors not under the company's control, which may cause actual results, performance or achievements of the company to be materially different from the results, performance or other expectations implied by these forward-looking statements. These factors include, but are not limited to, those detailed in the company's periodic filings with the Securities and Exchange Commission. DATASOURCE: Capital Resource Funding, Inc. CONTACT: Thomas Yang, Assistant to the President, of Capital Resource Funding, Inc., +1-718-359-0546 U.S., +86-411-8289-7752 China, Fax +86-411- 8289-2739, ; or Investor Relations, Peter Clark of OTC Financial Network, +1-781-444-6100 ext.629, , for Capital Resource Funding, Inc. Web site: http://www.china-sun.cn/ http://www.otcfn.com/crfu http://www.china-sun.cn/English/Aboutus.asp http://www.sec.gov/

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