Xue Yin Cheng

Milestone Capital Management Ltd. (Milestone Capital) is an independent Chinese private equity firm which was founded by Yunli Lou and Liping Qiu in 2003 to invest primarily in established high-growth companies seeking expansion or acquisition capital in China. Based in Shanghai and Beijing, the firm manages the Milestone China Opportunities Funds, utilizing their investment banking, private equity, new business start-up, operations management and government relations expertise to create value in their investee companies.

Happy Life Insurance Co., Ltd. provides various types of insurance, including life insurance, health insurance, personal accident insurance, and reinsurance related to life insurance. The company was founded on November 5, 2007 and is headquartered in Beijing, China.

Sanpower Group Co., Ltd. engages in the manufacture of consumer electronics, optical cables and software. It also operates electronic stores and invests, develops real estate; core industries include retail and trading, information services, culture and media, real estate and financial investment. The company was founded in 1993 and is headquartered in Nanjing, China.

Zking Property & Casualty Insurance Co., Ltd. is a Chinese national property insurance company headquartered in Nanjing, China. Zijin Insurance takes the mission of "management risk, creating value", adhering to the concept of "responsibility, professionalism, and innovation", and advocating "customer-centric" business culture, "performance priority" implementation culture and "talent priority" employment culture. The company has built the whole world covering 21 provinces, has more than 500 institutions, about 6,000 employees, and more than 20 million customers. Zijin Insurance offers a range of insurance products including property insurance, accidents and health insurance, liability and guarantee insurance, water insurance, agricultural insurance, aircraft insurance, and product liability insurance. The company was founded in 2009 and has subsidiaries in China.

Asset Management Association of China is a private company headquartered in Beijing, China, that operates self-regulatory association of fund management companies.

Jiangsu High-Tech Investment Group Co. Ltd., also known as Govtor Capital, is a wholly state-owned private equity firm based in Nanjing, the capital of Jiangsu Province. The firm receives public funds from the Chinese government at the provincial level. Their objectives include improving strategic planning within Jiangsu Province and building competitiveness in the regional economy.

Boostsolar Photovoltaic Equipment Co., Ltd. manufactures and distributes solar module laminators, quality testers and solar module automated assembly machines. It offers solar module laminator, solar module tester, solar cell tester, automatic production line, and auxiliary equipments. The company was founded in 2003 and is headquartered in Hebei, China.

Beijing Joyworks Media Co., Ltd. is a holding company that engages in the literature comic production. It provides online cartoons, reading application, comics, and other related entertainment services. The company was founded by LongWen Ceng in 2011 and is headquartered in Beijing, China.

Spring Asset Management Ltd. (Hong Kong) engages in the management of assets of Spring Real Estate Investment Trust (REIT). The company was founded on January 29, 2013 and is headquartered in Hong Kong.

Milestone China Opportunities Fund II LP focuses on China-based companies operating in the fields of media, new energy, industrial manufacturing, electronics, consumer products, internet, and health technology. The fund provides financing for buyout capital requirements with an investment size ranging from $10 to $100 million.

Milestone China Opportunities Fund I LP focuses on China-based companies operating in the fields of media, new energy, industrial manufacturing, electronics, consumer products, internet, and health technology. The fund provides financing for buyout capital requirements with an investment size ranging from $10 to $100 million.