Hong Xiang Shi

State Development & Investment Corp., Ltd. operates as a state-owned investment holding company. The firm offers its services to infrastructure industry, burgeoning industries of strategic significance, and financial service. It provides power generation to infrastructure industry; road, ports, and the development of scarce resources of strategic significance to transportation industry; fusion, co-development of fund investment, and investment holding to burgeoning industries. The company was founded on May 5, 1995 and is headquartered in Beijing, China.

Essence Securities Co. Ltd. (Investment Management) (Essence Securities-IM) is the investment management division of Essence Securities Co. Ltd., itself a subsidiary of state-owned PetroChina Co., Ltd. (SHA: 601857, HK: 857, ADR: PTR) in China. Headquartered in Shenzhen with offices throughout China, Essence Securities-IM was founded in 2006 and provides asset management services for individual and institutional clients.

UBS SDIC Fund Management Co., Ltd. (UBS SDIC) is an investment management subsidiary of SDIC Taikang Trust Co., Ltd., itself an indirect subsidiary of SDIC Capital Co., Ltd. (SHA: 600061), a public firm owned by the Government of China. UBS SDIC was founded in 2002 by five Chinese investment trust and securities companies. Formerly known as China Dragon Fund Management Co., the firm was restructured into a joint venture in 2005 and shareholders officially changed to SDIC TAIKANG Trust Co., Ltd. and UBS AG, with shareholding proportion of 51 and 49 percent respectively. Headquartered in Shenzhen, the firm has additional offices in Shanghai and Beijing. UBS SDIC provides financial advisory and wealth management services, managing discretionary portfolios and mutual funds primarily for Chinese clients. The firm's culture combines local expertise with the global asset management capabilities of UBS.