Global PE Investment Trip in China & China Equity-based Project Fair
Invitation Letter

Dear Sir or Madam,

　　Over the past two years, some well-known private equity funds took China as its key investment region and implemented some eye-catching mergers & acquisitions. With the booming development of China M&A market, the property market is sure to be playing a more and more important role in building a multi-level capital market in China.

　　China property market, now with over 230 Property Exchanges nationwide, was designed initially as the official property (assets, debt, equity and intellectual property) trading market for state-owned enterprises. Property Exchanges are now taking initiatives to attract more non-state-owned SMEs to trade their assets, debts, equity and intellectual property there. In fact, these property exchanges are abundant in potential investment opportunities for capital fund especially private equity funds. The property market is one last untapped gold mine for those who want to find golden investment opportunities.

　　Global PE Project-finding Trip in China & China Equity-based Project Fair is organized by Sina’s Property Channel and Sina’s Investment in China Channel, jointly with Reuters and Property Rights Guide Magazine.

　　It is the most high-end of its kind in China property market. It aims to build a link between the world well-established private equity funds and China property market, to show and find out some potential investee opportunities and to close some win-win deals.

　　We hereby sincerely invite you to participate in this essential and important event. This is a different trip which is different from most of your usual business trips!

　　You travel

　　You find

　　You invest

　　You profit!

　　Best Regards

　　Global PE Project-finding Trip in China

　　& China Equity-based Project Fair Committee

　　January 18, 2008