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Structure of Shareholder

Hailide was originally started by Mr. Gao Limin and Wanxiang Venture Capital (it now adopts the name of Tonglian Venture Capital), getting registered by RMB 80million in Jiangsu Administration for Industry and Commerce on May 21st, 2001. Through capital increase in 2006 and 2007, it has registered capital of RMB 93million.

Top three shareholders:

1. Mr. Gao Limin, serving as the Chairman of Zhejiang Hailide New Material Co., Ltd. since 2001. Jiaxing Deputy to the People’s Congress; Haining Top 10 Enterprisers in 2004 and 2005 by Haining Municipal Committee and Haining People’s Government; the Excellent Enterprisers during 2004 to 2007 by Haining Municipal Committee and Haining People’s Government; the builder of the Non-public sectors of the economy for socialism with Chinese characteristics in 2005 by Haining Municipal Committee and Haining People’s Government

2. Tonglian Venture Capital,with registered capital of RMB 300million, was co-founded by five shareholders, including Tonglian Capital, Zhejiang Venture Capital, etc, on Dec 11th, 2000. It mainly deals with industrial investment, information consultation for corporate investment, financial consultation, consultation for corporate management, consultation for economic information (excluding securities, futures), guaranty for hi-tech corporation for project financing (excluding financial business), and the investment and construction of hi-tech incubator.

3. China-Belgium Fund, with registered capital of 100 million Euro dollars and paid-up capital of 100 million Euro dollars, was co-founded by the Chinese Government, Haitong Securities, the Belgian Government and Fortis Bank on Nov. 18th, 2004 for subscription. It mainly deals with stock investment for unlisted corporations; subscription of bonds and other fixed income bonds that the Chinese Government issued in the primary markets; management consultation to investment acceptors; other business authorized by administrations.


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