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China-Belgium Direct Equity Investment Fund

CBDEIF is an industrial investment fund jointly established and funded by the Chinese government and the Belgian government to promote the development of small and medium-sized enterprises, with the approval of the State Council. CBDEIF was established on November 18, 2004. It registered in Beijing, CBDEIF is a company with a registered capital of 100 million euros. The scale of the fund is 2 billion yuan, and the investment can be recycled.

Sponsor: Ministry of Finance of the People's Republic of China| Belgian government| Haitong Securities Co., LTD.| Fortis Bank S.A./N.V. (BNP Paris)

Other shareholders: National Council of Social Security Fund| China Development Bank Capital Corporation Co., Ltd. State Development & Investment Corporation (SDIC)| China Banknote Printing and Minting Corporation| Guangdong Xizhilang Group Company Co., Ltd.

Investment Scope: Invest in equity of innovative, growing, small/medium-size companies in China