Investment Management

Thesituations of all the aforesaid institutions ended July 21, 2014 are asfollows:

Name of Organization

Organizational Form

Main Investment Direction

Main Investment Activities

Predictable Future Major Event

Beijing Lianhua Kechuang Investment Management Co., Ltd.

Limited Company

As the controlling shareholder of Kechuang capital, it does not operate actual foreign investments except being the controlling shareholder for subsidiaries

1. Establish Beijing Kechuang Wenhua Investment Management Co., Ltd.

2. Establish Qingdao Qingkong Gaochuang Investment Management Co., Ltd.

None

Beijing Kechuang Wenhua Investment Management Co., Ltd.

Limited Company

Mainly manage the fund with the scale of 60,610,000 Yuan established in Haidian District in combination with Haidian District Venture Capital Guidance Fund.

1. Manage Beijing Kechuagn Wenhua Venture Capital Investment Center (Limited partnership) (in the pipeline) by proxy.

2. Establish Tianjin Kechuang Wenhua Investment Management Co., Ltd. (in the pipeline).

It will accept the commission to manage Beijing Kechuang Wenhua Venture Capital Investment Center (Limited partnership) (in the pipeline) in early August, 2014.

Beijing Kechuang Wenhua Venture Capital Investment Center (Limited partnership) (in the pipeline)

Partnership enterprise

1. Investment direction: emerging strategic industry.

2. Investment object: enterprises at the start-up stage.

3. Investment place: Haidian District

4. Investment form: equity investment

5. Investment period: 8 years.

1. At present, it is not open for investment.

It will be completely formed in early August, 2014.

Tianjin Kechuang Wenhua Investment Management Co.,Ltd. (in the pipeline)

Limited company

Mainly manage the fund (not established for now) to be established together with Tianjin Venture Capital Guidance Fund

1. It is not open for investment.

None

Qingdao Qingkong Gaochuang Investment Management Co., Ltd.

Limited company

To manage the fund with the scale of 105,000,000 Yuan established together with Guidance Fund of Qingdao National High-tech Industrial Development Zone.

1. Take 10% equity of Qingdao Ruobei Electronics Co., Ltd. through investing 1,000,000 Yuan into this company.

2. Take 20% equity of Qingdao Zhongya Environmental Engineering CO., LTD. through investing 3,600,000 Yuan into this company.

None.

Qingdao Gaochuang Qingkong Equity Investment Fund Enterprise (Limited partnership)

Partnership enterprise

1. Investment direction: modern service industry, biological medicine, high-end equipment manufacturing industry and other industries.

2. Investment object: enterprises at the start-up period.

3. Investment place: Qingdao National High-tech Industrial Development Zone and other places.

4. Investment form: equity investment

5. Investment period: 7 years.

1. The Conference for Investment Decision Committee will be held in late July, 2014 to deliberate and invest 10,000,000 Yuan and 3,000,000 Yuan into two projects and then take 18.18% and 20% equity in such these two projects respectively.

2. The Partner Meeting will be held by the end of July, 2014 to invite new partners with limited liability to be part of the partnership enterprise with the increase of 45,000,000 Yuan in the registered capital.

3. The application for contribution of the periodic equity funds will be submitted to Ministry of Science and Technology of the People’s Republic of China in early August, 2014 and the registered capital will increase by 50,000,000 Yuan.

Silicon Venture Capital Fund and Fund Management Corporation