Chang Jiang Pei

Hwabao WP Fund Management Co., Ltd. (Hwabao FM) is an independent Chinese fund management firm which was founded as a joint venture between Baosteel Group (HWABAO Trust Co. Ltd.) and Societe Generale Group in 2003. It is now owned by Hwabao Trust Co., Ltd. (51%), Warburg Pincus Asset Management LP (29%) and Jiangsu Railway Group Co., Ltd. (20%). Headquartered in Shanghai, Hwabao FM manages funds for institutional investors.

Shenyin & Wanguo Securities Co., Ltd. is a joint stock securities company in China. Its business scope covers securities brokerage, securities investment advisory, financial advisory related to securities trading and investment, proprietary securities trading, securities underwriting and sponsoring, securities asset management, commission sales of securities investment funds, IB for futures companies, margin trading and securities lending. The company was founded in September 1996 and is headquartered in Shanghai, CN.

Haitong Futures Co., Ltd. provides investment banking and brokerage services. It also engages in risk management, futures business, private equity workshop, investment consultation, and asset management. The company was founded on March 18, 1993 and is headquartered in Shanghai, China.