Timothy Yeung

Wafra, Inc. is a registered investment adviser headquartered in New York City. The firm was founded in 1985 and is wholly owned by Wafra InterVest Corp., which in turn is ultimately wholly beneficially owned by the Public Institution for Social Security of Kuwait (PIFSS), an autonomous agency controlled by the government of Kuwait. Wafra provides advisory and consulting services to funds, separately managed accounts and joint venture arrangements.

KGI Asia Ltd. is the brokerage subsidiary of KGI Securities Co., Ltd., which is wholly owned by China Development Financial Holding Corp. (TPE: 2883), a financial holding company headquartered in Taiwan. Founded in 1997, KGI Asia offers a broad range of brokerage services to corporate, institutional and individual clients throughout Asia.

Part of South China Financial Holdings Ltd., South China Research Ltd. is a financial services company based in Hong Kong, HK. The company has expanded its business to China, Taiwan, Southeast Asia, and the UK, and is listed on the Hong Kong Stock Exchange under the stock code 00619. The Chinese company also provides wealth management, corporate financing, investment banking, and family office services. South China Research serves both individual and corporate clients, including high net worth clients through its subsidiaries, South China Private Wealth Management and South China Financial Planning. Founded in 2003, the company offers a wide range of investment products, including over 3,200 funds, insurance products from nearly 26 insurance companies, more than 2,300 bonds, as well as futures, stocks, and overseas property sales.

China Everbright Research Ltd. is the investment research subsidiary of Everbright Securities (International) Ltd., which is owned by Everbright Securities Co., Ltd. (SSE: 601788; HKEX: 6178) in China. Headquartered in Hong Kong, the firm provides institutional research for both retail and institutional clients.