FCCP Presentation

These materials are solely for the use of prospective client personnel. No part may be circulated, quoted, or reproduced for distribution outside thetarget organization without prior written approval from FCC Partners. This material was used by FCC Partners during an oral presentation; it is not acomplete record of the discussion.

藍濤亞洲FCC PartnersTaipei、Shanghai、Hong Kong、Singapore

2018

FCC Partners – A Leading Boutique Merchant Bank

2

As leader in middle-market cross-border M&A in the Greater China, FCCP provides innovative investment and financing solutions to our clients

Established in 2010, FCC Partners (FCCP) is a “boutique” merchant banking operation with

offices in Taipei, Hong Kong, Shanghai and Singapore. We are the leader in middle-market

(U$30-500 million) cross-border M&A in Asia with proven track records throughout the

Region

With a team of experienced professional financial advisors across the Region, FCC Partners

offers its expertise in cross-border M&A (mergers and acquisitions), private placement, IPO

advisory, and specialized financial instruments such as Foreign Company Listing (F-IPO)、

China listing of Taiwan companies、 backdoor listing、as well as enterprise restructuring

Our team of senior advisors provide innovative and sophisticated customized investment

and financing solutions to our clients

FCC Partners Business Coverage

3

China

International

Infrastructure

LeadershipFund

General Partner Regional Partner

Founding Partner

Xiamen Taiwan Fund

Operating Partner

4

I. FCC Partners Highlights

Singapore

Taipei

Shanghai

Hong Kong

Our Focus: Greater China Capital Markets

5

With China’s continuing high economic growth, a great number of investment and financing opportunities are emerging: China’s restrictions regarding foreign investments have been relaxed Chinese companies increasing investment activities overseas , including in

Taiwan, and engaging in M&A Chinese companies ramping up IPO and reverse take-over in China and

Hong Kong Companies in Taiwan, Hong Kong and Singapore facing up to challenges and

seeking upgrade, consolidation and integration

Market Opportunities and FCCP Focus

Our Value Proposition

Drastic changes in the global markets Emergence of the Greater China Market

– China is shifting from a world factory to a world market

– Chinese companies proactively engaging in global-scale M&A

With government support, emerging strategic industries are seeing sharp growth

Because of such rapid growth, fast-growing companies are demanding professional, customized financial advisory services

Customized financial advisory services that can also provide :

– Actual experience in the industries– Real cross-border (Taiwan, China,

Hong Kong and US) expertise in operations and organization

Keen knowledge of both public and private markets, focusing on mid-sized companies

Each of our executive advisors has over 20 years of industry and service experience leading to great understanding of our target markets

6

What FCC Partners can offerCapital markets are facing great changes

Sell-Side

Corporate Finance Services

Buy-Side

Project Investments

Deal flow Financial advisory

services Listing services Private placement Funds Placement

Services Other professional,

highly efficient services to create great returns

Combining a strong sell-side corporate finance services with a buy-side project investment operation to create real value-added for clients.

Our Business

7

Synergy of Combining Buy-Side and Sell-Side Businesses

Our sell-side financial advisory business includes:

Sell-SideCorporate

Finance Services

Buy-SideProject

Investments

8

Merger & Acquisition Private Placement Capital Market Advisory Enterprise restructuring and backdoor listingPE funds Planning, designing, and raising

M&A – Sample Deals*

9

HMV Digital China Acquired Hualien Int’l (2017)

Samson Holdings Acquired Kohler’s Baker Brand (2017)

Luxshare Acquired Merry’s Suzhoumanufacturing plant (2016)

Bauing Acquired ShenZhen Globe Union (2013)

Avis/Budget Group Acquired Payless (2013)

TPG acquired HCP for U$510 million (2012)

Apax Acquired Golden Jaguar (2011)

* For a more comprehensive list of deals please refer to Appendix.

10

Assisting clients in the international market to secure high-quality private equity injection to improve overall values in the capital market

Year Amount Investor

Viola Group –Carmel Ventures 2015 US$200 million

(total fund size) Key Asian Investors

Kidsburgh 2015 US$3million KTB

MigMe Ltd. 2014 US$10million Foxconn

Taiwan Paiho Ltd. 2010 US$30million CDI

Grand Ocean 2010 US$20million CITICCapital/Hotung VC

Private Placement – Sample Deals*


11

Capital Market Advisory

TenFu’s U$150 million IPO in Hong Kong (2011)


FCCP as the General Advisor, providing: Total financial planning solution Selecting and coordinating underwriters

and intermediaries Marketing, positioning and communicating

with investors China Listing for foreign (e.g. Taiwan)

companies; Taiwan F-IPO

12

Our buy-side project investment business includes:

A Private equity fund jointly managed with Xiamen JinYuan Group, aiming at transforming enterprises with cross-strait footprint

A team of experts in investments and finance with extensive experience in:− Biotechnology− TMT (communications, media and technology)− General consumer industries− Green energy

Extensive investment experiences in the Greater China and the U.S.

Sell-SideCorporate

Finance Services

Buy-SideProject

Investments

FCCP – AWS Join Innovation Center (JIC) in New Taipei City

FCCP is the operator for AWS (Amazon Web Services) JIC (joint Innovation Center) in New Taipei City, Taiwan

FCCP will help AWS JIC build up an innovation eco-system in Taiwan, linking to Greater China and the World

FCCP is uniquely qualified due to our track record and experience in assisting emerging companies grow and expand overseas

13

Our Niche

14

We specialize in medium sized projects (< US $500M)– Cross-border M&A among mid-cap firms provides great opportunities that are

intentionally omitted by large investment banks We offer professional and highly experienced investment and financing services

in:– Cross-border M&A– Private Placement– F-IPO (Foreign Company Listing in Taiwan) – China Listing Advisory

We specialize in capital markets in the Greater China– The capital markets in the Greater China (especially in mainland China, Hong

Kong, and Taiwan) are currently the world’s most active and fastest-growing financial markets

15

Why FCC Partners?

FCC Partners has extensive experiences in Greater China capital markets

Experienced and Highly Efficient Team

Knowledge ofGreater China

Innovation

Efficient Communication and Decision Making

Commitment andClient Focus

Team members are mainly from J.P. Morgan, Credit Lyonnais and Macquarie,and they have many years of practical experience in investment banking

Team members have many years of experience working in the markets ofGreater China and have cultivated an in-depth understanding of thedynamic industries thus being able to best serve its clients

We have many innovative ideas to drive the new securities trend emergingin the Greater China Region

Under the leadership of CY Huang, FCC Partners can communicate withoutbarriers to maximize efficiency and cross-region coordination

We believe in long-term relationships with our customers and we swear bythe belief that our customer’s growth is our growth

FCC Partners’ professional opinions are widely circulated and highly sought after

16

17

II. FCC Partners Business & Select Success Stories

Our Focus Industries

Health Care

Green Energy

CMT(Communications,

Media, Technology)

Culture and Creativity

Internet+

18

Both US and China are undertaking sweeping reforms in the health care and financial sectors which will lead to great landscape changes and the emergence of many business opportunities in these and related industries

Today, the Chinese market has great potential but it requires the expertise of extremely seasoned professionals to effectively navigate emerging opportunities and cross culture barriers

FCC Partners has several advantages: a highly capable team whose executives have extensive experience in executing complex cross-border transactions

- The U.S. and Europe’s advanced products and technology resources

- Access to contact networks all around Greater China

Consumer

Major Terms Transaction Highlights

19

HMV Digital China Acquired Hualien International

Buyer HMV Digital

Seller Hualien

Size Up to US$91.7m

Time June 2017

Stake acquired 100%

Transaction type Shares Swap

HMV Digital China is a Hong Kong-listed company

(8078.HK) covering entertainment production, marketing,

artist management, record production, cinemas house

operation , online entertainment, online shopping, as

well as running the HMV retail stores. At time of

transaction the company is valued around HK$4 billion.

Hualien International is a media production house with a

fledging franchise “Our Times”, a runaway success title in

Taiwan, Hong Kong and China, earning nearly US$93

million in the three regions combined.

HMV Digital China acquired all outstanding shares of

Hualien International - based on a performance-based

arrangement – for US$91.7 million.

Success Story – M&A


20

LUXSHARE-ICT invested into Merry Electronics’ China subsidiary

LUXSHARE-ICT’s Primary business focus is on cable and connector supplying the 3C, automobile and medical industries. The Company is listed on the Shenzhen Stock Exchange,

Merry Electronics Co., Ltd., is a global leader in mobile wireless technology, batteries and software solutions.

LUXSHARE-ICT invested RMB 530M into a new round of share offering by Merry’s SuZhousubsidiary and acquired 51% of the shares.

Buyer LUXSHARE-ICT

Seller Merry Electronics Co., Ltd

M&A Process Secondary equity offering

Deal value RMB 530 m

Transaction Completed 2016

Success Story - M&A


21

Samson Holding acquired Kohler’s brand -Baker

Samson Holding is a premium brand in the Greater China furniture industry. The Company has built up an integrated supply chain including R&D design, manufacturing and sale & distribution channel.

Kohler is world famous premium manufacture of high-end housewares. The Company also owns Baker - a high-end bespoke furniture brand.

Samson Holding acquired Baker from Kohler in an all-cash deal.

Buyer Samson Holding

Seller Kohler

M&A Process Cash Acquisition

Deal value US$35m

Transaction Completed 2017

Success Story - M&A


22

Globe Union/Bauing Group A-share Back-Door Listing

Globe Union is one of Asia's largest manufacturers of faucets, taps, sanitary-ware and accessories. The company has expertise in design, production, sales through service, and exports more than US$ 100 million each year

Bauing Group is China’s leading integrated architectural engineering contractor, and had been awarded "the fastest growth among the nation’s construction industry’s top 100 enterprises"、"China Building Decoration Industry top-100". It is the forth company in the industry to be awarded “China’s Well-Known trademark” certificate

FCC represented Globe Union (BVI) – major shareholder of SZ Globe Union - to sell 31.88% (market value RMB¥ 330 million) of the company to Bauing. Globe Union (BVI) received in exchange assets valued at RMB¥ 680 million, Bauing secured control of the A-Share listed company.

Buyer Shenzhen Bauing Group

Seller Shenzhen Globe Union

Transaction Back-Door Listing

M&A Process Acquisition of Assets, Assets Swap & New Shares Issue

Valuation of shares sold US$55m (RMB¥ 330M)

Valuation of assets gained US$113m (RMB¥ 680M)

Success Story - M&A of an A-Share Company


23

TPG Acquired HCP Holdings Inc.

Buyer TPG Capital

Seller Members of the

founding (Chen) family

Size US$500m

Time July 2012

Transaction type LBO

Leverage ratio 3.5 times

Avg. Loan period 3.75 - 4 years

Advised the buyout of the world's third largest

cosmetics packaging material company who

produces packaging for global cosmetics firms

including L’Oreal SA, Shiseido Co. and Procter &

Gamble Co.

One of the biggest private equity transaction in

Asia in 2012

Facilitated initial and follow-on dialogues

between the buy- and sell-sides

Smoothly executed the deal without public

knowledge during the process


Strategic Alliance between Golden Jaguar and Apax


24


Golden Jaguar (GJ) is a leading restaurant chain inChina. With a presence in over 20 cities, thecompany is famous for its Western and Asian mixedstyle buffet.

Apax is the leading private equity fund in Europe ;China Investment Corporation is a strategic investorof Apax.

FCCP assisted Apax to invest in GJ to form a strategicalliance. The majority shareholder of GJ was able tocash out on his shares smoothly whilst retaining theoriginal management team.

It is the largest consumer sector M&A in China in 1H2011.

Buyer Apax Partners

Seller Golden Jaguar

Size US$ 300m

Transaction Type Cash Acquisition

Time July 2011

Success Story - M&A


25

Avis/Budget Group Acquired Payless Car Rental

Avis/Budget Group, the third largest car rentalcompany in the US, acquired Payless Car Rental, thesixth largest car rental company in the US.

Avis is a leading international car rental/leasingcompany, providing services in 175 countries.

Payless has more than 120 branches in NorthAmerica, Europe and South America, including plansto expand operations to the Greater China market.

FCCP represented Payless's controlling shareholdersto sell, with all remaining shareholders, to Avis incash, while retaining the management team andbrand.

The enterprise value of Payless was 130 million USD,including 50 million USD equity exchanged by cash.

Buyer Avis Budget Group

Seller Payless Car Rental

Transaction Price US$50m

M&A Process Cash Acquisition

P/E ratio 18x

TransactionCompleted 2013



26

Chia Jei Acquired Murad

Chia Jei Technology Business Co.'s 100% acquisitionof Murad (Taiwan) Biomedical & ElectronicCommerce Inc.

Chia Jei is Taiwan's only multi-level marketingcompany listed on OTC, and has created anintegrated supply chain through cultivation,processing and distribution.

Murad (Taiwan) is an agent selling Nobel-Prizewinner Dr. Ferid Murad's biotechnological productline.

FCCP facilitated the negotiations between bothparties during the transaction, including Chia Jei'spurchase of 100% of Murad's stock rights, andfurther facilitated a round of private placement. ChiaJei's market value saw a 30% increase immediatelyafter acquisition.

Buyer Chia Jei Technology BusinessCo., Ltd.

Seller Murad (Taiwan) Biomedical &Electronic Commerce Inc.

Total Transaction US$7m

M&A Process LBO

Deal Structure A. Equity AcquisitionB. New share issueC. Technology transfer and

licencing

TransactionCompleted 2013

Success Story – M&A, Direct Investment

Managed the financial & legal due diligence and negotiated the acquisition of Wuxi New District Phoenix Hospital.

Executed the acquisition of the Group which required progressive milestones to be achieved

Executed the restructure of the group into a foreign entity (Health Kind Int’l Ltd). The restructuring resulted in one of the first China hospital groups to be wholly foreign owned under ECFA and CEPA

Presentation to third party investors and partners on the business & future plans of the Group

Represented Group in the negotiation and execution of the Sales & Purchase of the Group to IHC as part of an IPO in Singapore

Managed third party professionals (accountants & lawyers ) throughout the entire process.

Size US$45 mil

Transaction type (i)Acquisition Jul 2010

(ii) Restructure Jul 2010 to Dec 2010

(iii) Sale & IPO Jul 2013

Duration of work 3.5 years

Shareholding sold 74.97%

PE 20 x

IPO price S$0.48

Acquisition, Restructuring and Sale of Health Kind Int’l (Wuxi Hospital) to IHC of Singapore as part of its 2013 IPO


26


28

Carmel Ventures Fund is part of the Viola Group

Viola group is the most well-known fund in Israel whose asset-under-management totals USD 2.5 billion. Goldman Sachs Investment Bank is its co-general partner and exclusive strategic partner.

As the exclusive financial advisor in Greater China to Carmel Ventures, FCC Partners successfully help Viola/Carmel raised its USD 200-million forth fund from key investors in Asia.

Investors Well-known Greater China strategic investors

Fund Manager Carmel Ventures

Transaction Type

Private Equity Fund-Raising

Success Story – Private PlacementIsrael’s Carmel Ventures Raised 4th VC Fund

FIH Mobile - a unit of Hon Hai/Foxconn - is the largest contract manufacturer in the world with info tech & electronics clients from the US, Europe & Japan. They include Apple, Nokia, Blackberry, Sony and Amazon. Foxconn is also a contract manufacturer for local electronics clients in emerging markets such as China’s Xiaomi

Mig33 is a social media platform that offers a variety of communications solutions including microblogging, chatting, virtual gifting and IM integration

Presented to third party investors including Foxconnon the business & future plans of the Mig33

Acted as the lead consultant in the negotiation and execution of the Sales & Purchase of Mig33 to Foxconn and it’s related investors

Mig33 as a result of the investment was able to restructure and carry out a reverse takeover of an ASX listed Company. [ongoing]

FCC Partners was able to leverage off it’s cross boarder capabilities on this deal and continues to service the Company as a consultant

Size US$9.9 mil

Transaction type Strategic equity investmentMix of vendor and new share sales

Date Announced 8 May 2014

Shareholding sold 19.9%

PE N/A

Effective valuation US$49.7 mil

MigMe (Formerly Mig33)

Success Story – Private Placement


28


30

Kidsburgh/Benesse

Licensor: Benesse which is Japan's largest provider of distance education for children

Licensee: Kidsburgh which is the largest in-door playground operator in Taiwan

Main purpose:

Develop in-door playground with Shima Tora theme

PE KTB which Founded in 1981 as one of the first venture capital firms in Korea,

Fundraising target:

Kidsburgh

Time: 2014-2015

Successfully convinced Benesse to develop their China market via cooperation with a Taiwan partner who would respect and preserve the spirit of the franchise well – that leveraging Taiwan could also help Benessecatch the booming demand in China without facing potential political backlash.

Acted as the key bridge between Benesse and Kidsburgh who was viewed as the best fit for Benesse’s vision.

Helped Kidsburgh in fundraising and successfully introduced KTB as its cornerstone investor.

Provided professional advices for both Benesseand Kidsbuqrgh in defining development strategies in China; identified potential obstacles and provided recommendations and resolutions.

Success Story – Private Placement


31

Success Story – IPO + Private Placement

Tenfu Cayman Holdings Co., Ltd.(6868.HK)

Size US$ 165m (IPO)US$ 26m (Private Placement)

Date 26 Sep., 2011 (IPO)

PE multiple 21.5x

Outstanding shares

1227.21 m

Market cap US$ 970m

TenFu is China’s largest tea manufacturer and distributor. As of March 31, 2011, its tea products, including more than 160 tea snacks, were sold in 1,062 retail points across PRC.

Self-owned brand “TenFu” is the most well-known tea brand in China.

2011 revenue RMB$ 1,753 million with net profit 294 million. YOY growth 41% and 32% respectively.

FCCP provided IPO and Private Placement advisory to the company and facilitated its IPO process, successfully raised US$ 165m (IPO) and US$ 26m(PP) respectively.

Successfully brought in cornerstone investor General Atlantic who committed 40% of IPO shares.

One of the most successful IPOs in HK Stock Exchange in 2011


32

Success Story – General Advisor

Nanjing Gear (Renamed Nanjing High Accurate Drive Equipment Manufacturing Group Co., Ltd. (“NGC”)—658.HK)

Size US$28m (Jan 2006)

Investment instrument

Redeemable Convertible Bond

Maturity 4 years

Return (i) minimum 5% per year(ii) 12.5% IRR upon redemption(iii) minimum 25.0% IRR1 upon IPO

Redemption (i) Up to 1/3 investment amount can be redeemed at 30th month

(ii) All outstanding investment amount s can be redeemed at the 48th month

Exit HK IPO in July 2007

Successfully solicited a number of bulge bracket private equity investors at the time when red-chip reorganization for PRC private enterprises was “frozen” for a “9-month period” until the promulgation of Circular [75] by the PRC SAFE2

Proposed and devised all various reorganization structures and procedures regarding the transaction

Acted as the key bridge between the company and investors during the negotiation process; assisted investors to perform due diligence and collect information

Performed detailed analysis and explanation for the company with respect to valuation, sensitivity analysis, investment terms and all legal documents

Provided professional advices for the company and investors in terms of IPO related matters; identified any potential obstacles and provided suggested solutions


33

Bosideng (3998.HK)

Size US$70m

Investment instrument

Convertible Bonds, Convertible Redeemable Preferred Shares, Convertible Preferred Shares

P/E Ratio 6

Maturity 5 years

Return 4.4x (Based on the IPO issue price of HK$3.28 per share)

IRR upon IPO 30%

Redemption terms

(i) Company has not successfully listed within 5 years

(ii) Financial performance of the company deteriorates significantly

(iii) The founders’ resignation from the company

Transfer of old shares

Allowed the founder to realize part of his investment

Exit Hong Kong IPO in October 2007

Return 3.4x

Successfully solicited a number of bulge bracket private equity investors at the time when red-chip reorganization for PRC private enterprises was “frozen” for a “9-month period” until the promulgation of Circular [75] by the PRC SAFE2

Proposed and devised all various reorganization structures and procedures regarding the transaction

Acted as the key bridge between the company and investors during the negotiation process; assisted investors to perform due diligence and collect information

Performed detailed analysis and explanation for the company with respect to valuation, sensitivity analysis, investment terms and all legal documents

Provided professional advices for the company and investors in terms of IPO related matters; identified any potential obstacles and provided suggested solutions

Success Story – General Advisor

34

III. About Us

Singapore

Taipei

Shanghai

Hong Kong

FCC Partners Geographic Coverage

35

First China Capital Partners Inc.

FCCP (Hong Kong) Ltd.FCCP (Shanghai) Inc. FCCP (Taipei) Inc. FCCP (Singapore) Pte Ltd.

Senior managers of FCCP are experienced and respected business leaders in the Region

CY Huang

• Partner• One of the key leaders in the Greater China

investment banking industry with nearly 30 years of experience in investment and advisory

• Founding Chairman of Taiwan M&A & Private Equity Council; Director of China M&A Association ; Winner of 2008 China M&A Deal of the Year Award; winner of Taiwan TSE 2010 Foreign Issuer IPO Banker of the Year award

• One of the most sought-after opinion leaders on issues impacting regional financial markets

• MBA, Stanford University

Yichin Lee, Ph.D.

• Partner• Formerly Senior Advisor and Taiwan Chief

Representative of Booz Allen Hamilton. and Monitor Company.

• Formerly CEO of GigaMedia Limited (NASDAQ: GIGM), President of FoodChinaInc., Vice President of PCCW, and Senior Associate of McKinsey & Co.

• Board Director of several public companies on major international exchanges

• 30 years of strategy management consulting and corporate operation experiences in the Greater China

• Expert in CMT (communications, media & technology) sectors

• MS, PhD, Stanford University

Andrew Er, CA

• Senior Advisor• Andrew is a Chartered Accountant with

20+ years of experiences with a large proportion being in healthcare and financial businesses. He has led both investment and management of healthcare businesses.

• Andrew also serves as Managing Director, Quantum Health Pte Ltd ; and Managing Director, Health Kind Limited

• CA (Aust), CPA (S’pore), B Com (U.NSW)

Senior Management

36

37

IV. Appendix-Select Track Record Cases from the Team

I. M & A

38

Select Track Record

Company Name Date Transaction Role

Hualien Media International 07/2017 Merged with HMV Digital China (HK) to form a major entertainment conglomerate that focuses on the Greater China markets

Sell-Side FA

Samson Holding (0531.hk) 02/2017 Acquired 3 prestigious brands from Kohler -Baker, Milling Road and McGuire; enhanced craftsmanship, entered bespoke furniture market, Integrated into Samson Holding’s Asia production capabilities and pursue potentialgrowth in emerging markets

Buy-side FA

Merry Electronics Co.(2439.tw)

08/2016 China’s Luxshare Precision Industry Co investedRMB 530 Million for 51% stake in Merry’smanufacturing plant in Suzhou, China

Financial advisor to MerryElectronics Co.

Feei Cherng Enterprise Co.FCE (3313.tw)

08/2016 FCE (3313.tw) brought in long-term strategic investor via acquisition of existing shares to help FCE diversify its business and improve profitability.

Sell-side FA representingmajor shareholders

Globe Union (BVI) 12/2013Advised Globe Union sold its China A-share company ShenZhen Globe Union to Bauing Group via asset swap and new share issues.

Financial advisor to Globe Union (BVI).

Health Kind International (WuXi Hospital) 07/2013

Advised Health Kind in its sale to Singapore’s IHC Group, and bacame a key component in IHC’s 2013 IPO

Shareholder and financial advisor to Health Kind.

I. M & A (Cont.)

38

Select Track Record (Cont.)


Avis/Budget Group - Payless 07/2013 Avis/Budget acquired Payless Car Rental Financial Adviser to Payless.

Jia Jei Technologies Co. 07/2013 Acquisition of 100% of MuradTaiwan for U$7 million

Financial Advisor to both Jia Jeiand Murad Taiwan.

HCP Holdings Inc. 07/2012 TPG buys HCP Holdings for $500 million

Financial Adviser to HCP Holdings

K .S. Terminals Inc. 03/2012 Acquisition of a 26% interest in GST from strategic investor Financial Advisor to KST

Golden Jaguar (China) Group 07/2011 Apax invests US$ 300 million in

Golden JaguarFinancial Advisor to Golden Jaguar

Simsen International Corporation Limited (993.hk) 03/2007 Acquisition of a 40% interest in

Head & Shoulders Limited Financial Adviser to Simsen

Sino Stride Technology (Holdings) Limited (8177.hk) 10/2006

Share repurchases by conditional cash offer as a result of the proposed voluntary withdrawal of listing on the shares of the company on the GEM of Stock Exchange

Financial Adviser to Sino Stride

I. M & A (Cont.)

40



Chia Hsin Cement Greater China Holding Corporation

(699.hk)10/2006

Acquisition of cement business in the PRC and renewal of existing caps with respect to the continuation of connected transactions

Financial Adviser to Chia Hsin

Luks Industrial (Group) Limited(366.hk)

08/2005Acquisition of a 12.5% interest in a non-wholly owned subsidiary

Financial Adviser to Luks

Simsen International Corporation Ltd.

(993.hk)03/2005 Voluntary general offer Financial Adviser to offeree

Cheng Loong Corp. (1904.tw) 01/2005

Acquisition of a 12% interest in Anhui Shanying Paper Industry Co. Ltd.

Financial Adviser to Cheng Loong

Highlight Tech Corp(6208. tw) 12/2004 BOC’s acquisition of 50% of

HTC’s parts cleaning business Adviser to HTC

Hengan Int’l Group (1044.hk) 04/2004

Acquisition of a HK personal care wholesale distribution company

Adviser to Hengan

II. Private Placement

41


Company name Date Industry Investor Deal Size PE

Viola – Carmel Fund 2015 Private Equity

Fund Key Asian Investors US$ 200 million (total fund size) N/A

Kidsburgh 2015 Children Education KTB US$ 3 million N/A (NewCo)

Mig 33 2014 Social Media FIH Mobile US$ 9.9 million N/A (High)

Bora Corporation 2013 Pharmaceutical TLC Investment US$ 7 milion N/A (High)

Taiwan Paiho Ltd. 2010 Manufacturing CDI US$30million 13x

Grand Ocean Department

Store2010 Consumer - Retail CITIC Capital/Hotung VC US$20million 20x

Rotam 2009 Pharmaceutical/ agricultural PRAX US$15million 12x

Christine 2007 Distribution Marubeni Corporation US$15million 16x

III. IPO

42

Company Name Listing Date Nature of Business Role Issue Size Market Cap. at IPO

TenFu Cayman Holdings Co Ltd

(6868.HK)26/9/2011

China’s largest tea manufacturer and distributor with more than 1000 retail points across PRC

IPO and PP AdvisoryIPO US$ 165m

PP US$ 26mUS$ 970m

Solargiga Energy Holdings Limited

(757.hk)31/3/2008 China's second largest manufacturer of

monocrystalline silicon ingots Co-Manager HK$1,600m HK$4,937m

Pan Asia Environmental

Protection Group Limited (556.hk)

21/12/2007

The Group is principally engaged in the sale of pipes, water treatment and flue gas treatment products and equipment, as well as an undertaking of environmental protection ("EP") construction engineering projects

Co-Manager HK$560m HK$2,240m

Vietnam Manufacturing and Export Processing (Holdings) Limited

(422.hk)

20/12/2007 One of the leading manufacturers of scooter and cub motorbikes in Vietnam

Co-Lead Manager HK$851m HK$3,403.8m

Bosideng International

Holdings Limited (3998.hk)

11/10/2007

Engaged in research, design and development, raw materials procurement, outsourced manufacturing, and oversees the marketing and distribution of our branded down apparel products

Co-Lead Manager(HKPO)

Co-Manager(Placing)

HK$6,928m HK$25,813m

DaChan Food (Asia) Limited (3999.hk) 04/10/2007

One of the leading chicken meat products and feed suppliers in the PRC Co-Lead Manager HK$930m HK$2,900m



43


Regent Manner International

Holdings Limited(1997.hk)

10/07/2007

Engaged in the provision of integrated SMT production solutions for manufacturers of TFT-LCD panels and various electronic products

Co-Lead Manager HK$420m HK$1,680m

Delta Networks, Inc.(0722.hk)

06/07/2007Original design manufacturer of networking products Co-Manager HK$1,623m HK$4,827m

China High Speed Transmission

Equipment Group Co., Ltd. (0658.hk)

04/07/2007Development, manufacture and distribution of a broad range of mechanical transmission equipment

Underwriter HK$2,443m HK$8,496m

Tianneng Power International

Limited(0819.hk)

11/06/2007A leading motive battery producer in China's personal transportation device market

Underwriter HK$576m HK$1,920m

Ta Yang Group Holdings Limited

(1991.hk)08/06/2007 A leading input device manufacturer Co-Manager HK$700m HK$2,800m

Belle International Holdings Limited

(1880.hk)23/05/2007 The largest retailer of ladies'

footwear in the PRCCo-Manager HK$9,955m HK$51,037m

III. IPO (Cont.)

III. IPO (Cont.)

44


Jiahua Stores Holdings Limited

(0602.hk)21/05/2007 Engaged in the operation of one of

the retail chains in ShenzhenUnderwriter HK$299m HK$1,040m

Wuyi Int’l Pharmaceutical Co.

Ltd. (1889.hk)1/02/2007

Integrated specialty pharmaceutical group

Underwriter HK$921m HK$2,957m

Tai-I Int’l Holdings Ltd. (1808.hk)

11/01/2007Large scale bare copper wire and magnet wire manufacturer in the PRC

Sole Sponsor, Sole Global Coordinator,

Joint Book-runner and Joint Lead Manager

HK$249m HK$996m

Zhuzhou CSR Times Electric Co.,

Ltd. (3898.hk)20/12/2006

Leading train-borne electrical system provider and integrator for the PRC Railway industry

Co-Manager HK$2,197m HK$5,460m

L. K. Technology Holdings Limited

(558.hk)16/10/2006

Design, manufacture and sale of hot chamber and cold chamber die-casting machines and plastic injection molding machines



III. IPO (Cont.)


HannStar Board Int’l Holdings

Limited (667.hk)06/10/2006

Produce a wide range of double-sided PCBs and multi-layer PCBs of up to 12 layers

Sponsor, Sole Global Coordinator, Joint

Book-runner and Joint Lead Manager

HK$604m HK$2,301m

Fortune Sun (China) Holdings Limited

(352.hk)

05/07/2006Provide property consultancy and agency services

Joint Lead Manager HK$74m HK$212m

Yorkey Optical Int’l (Cayman) Ltd.

(2788.hk)

10/02/2006

Engaged in the manufacture and sale of plastic and metallic parts and components of optical and opto-electronic products


Modern Beauty Salon Holdings

Limited (919.hk)

09/02/2006Comprehensive beauty and healthcare services in Hong Kong

Joint Lead Manager HK$180m HK$720m

Good Friend International Holdings Inc.

(2398.hk)

11/01/2006

Design, production and sales of CNC machine tools, three dimensional car parking garage structures and forklift trucks

Sponsor, Bookrunner and Lead Managers

HK$79m HK$316m

45


III. IPO (Cont.)

46


Global Flex Holdings Limited

(471.hk)

10/10/2005Design, manufacture and sale of FPC and sale of assembled FPC

Main Board – Joint Book-runner & Joint

Lead UnderwriterHK$ 318m HK$1,275m

Jolimark Holdings Limited (2028.hk)

29/06/2005

Design, manufacture and sale of business equipment and tax control equipment on EMS/ODM/OEM basis

Main Board –Underwriter HK$ 142m HK$570m

Shanghai Electric Group Company

Limited (2727.hk)28/04/2005

Design, manufacture, sale and servicing of a wide range of products

Main Board –

UnderwriterHK$ 5,053m HK$20,215m

Foxconn Int’l Holdings Limited

(2038.hk)

03/02/2005Manufacturing services provider for the handset industry

Main Board –

UnderwriterHK$ 3,373m HK$26,536m

Texhong Textile Group Ltd (2678.hk)

09/12/2004 TextileMain Board –

Co-ManagerHK$250m HK$1,003m


III. IPO (Cont.)

47



China Force Oil & Grains Ind. Holdings Ltd

(1194.hk)

12/10/2004 OilMain Board –

Co-ManagerHK$300m HK$984m

CSMC Technologies Corporation

(0597.hk)

13/08/2004 Semi-conductorMain Board –

UnderwriterHK$340m HK$1,271m

Shandong Weigo(8199.hk)

27/02/2004 Pharmaceutical apparatusGEM –

Sponsor and Lead Manager

HK$140m HK$514m

VedanInternational

(2317.hk)27/06/2003

Leading producers of fermentation-based food additive Products in Asia in terms of production capacity

Main Board –Co-Manager

HK$329m HK$1,295m

48

IV. TDR

Company Name Listing Date Nature of Business

Expected Issue Size

(US$ Mn)

Market Cap. at IPO

(US$ Mn)

DuKang(GJ8 SP)

9/3/2011

The company sells and markets baijiu products under the Siwu brand name in China. It sells products through distributors principally to hospitality establishments, supermarkets, and specialty stores selling tobacco and alcohol products.

74.9 519.9

Golden Meditech(801.HK)

24/1/2011

The company is recognized as the first-mover in China healthcare industry with a proven track-record in establishing business operations with dominant positions in niche market segments, including medical devices, cord blood banking, hospital management and related healthcare services.

33.75 349.8

Z Obee(948.HK)

3/12/2010

The Company is engaged in the distribution and marketing of mobile handset and mobile handset components; provision of design and production solution services for mobile handset; and assembly of mobile handset and surface mounting technology of printed circuit board.

27.5 181.4

Hu An Cable(KI3 SP)

28/10/2010

The Company manufactures wire and cables. Their products are used in power generation plants; power transmission and distribution grids; coal mining; ship-building; transportation networks; real estate projects; and more.

40.5 160.8

United Envirotech(U19 SP)

22/10/2010The Company is engaged in providing engineering services, which involve the design, fabrication, installation and commissioning of membrane-based water and waste water treatment systems.

12 140.5


IV. TDR (Cont.)

49


Company Name Listing Date Nature of Business Issue Size (US$ Mn)

Market Cap. at IPO

(US$ Mn)

BH Global Marine (B32 SP) 20/10/2010

BH Global Marine Limited (BH Global) is a Singapore-based supplier of a range of marine electrical products. The Company supplies to ship chandlers, ship owners and operators, ship management companies and shipyard and ship repair contractors.

14.06 196

China Taishan(F2X SP) 6/10/2010

Focus on fabric technology products for sports and leisure apparel fabrics. China Taishan Technology has now developed into a leading position in China's sports and casual wear special-fabric maker.

48.8 353

Super Coffeemix (S10 SP) 9/9/2010

Super Group Ltd., formerly Super Coffeemix Manufacturing Ltd, is a manufacturer, packers and distributors of instant beverages and convenience food products. It owns 300 instant beverages and convenience food products available worldwide, through a network of direct sales offices and distributors located in over 50 countries

18.07 353

Good Friend (2398.HK) 18/3/2010

The Company is engaged in the design and production of computer numerical control (CNC) machine tools, design and construction of three-dimensional car parking garage structures, and design and assembling of forklift trucks.

30.4 207

OceanusGroup

(579 SP)31/12/2009

Oceanus Group Limited is a Singapore-based investment holding company that focus in aquaculture production, abalone processing and distribution, and food & beverage.

59.4 470

IV. TDR (Cont.)

50


Company Name Listing Date Nature of Business Issue Size (US$ Mn)

Market Cap. at IPO

(US$ Mn)

Solargiga Energy Holdings Limited

(757.HK)11/12/2009 China's second largest manufacturer of monocrystalline silicon

ingots 29.5 396

Vietnam Manufacturing

and Export Processing Limited

(422.HK)

3/12/2009 One of the leading manufacturers of scooter and cub motorbikes in Vietnam 23 274

New Focus (360.HK) 12/10/2009

The Company is engaged in the manufacturing and sales of electronic and automobile parts and accessories, and the provision of automobile repair, maintenance and restyling services, through its service chain stores network in the Greater China region.

19.7 133

Ziwo(I9T SP)

Approved

Ziwo Holdings Limited, an investment holding company, engages in the research, development, manufacture, and sale of styrene butadiene rubber (SBR) and other foamed materials in the People’s Republic of China.

24.46 86.4

Xtep(1368.HK)

Approved

The company engages in the design, development, manufacture, and marketing of sportswear in China. The company offers footwear, apparel, and accessory products primarily under the Xtep, the Disney Sport, and Koling brands. It sells its products through its distribution network comprising distributors and third-party retailers, as well as online.

27.5 181.4

51

Contact Us

[email protected]

TaiwanFCC Partners (Taipei) Inc.3F-A, No. 58, Fu-Hsing North Road, Taipei, Taiwan +886-2-2752-2855 (TEL)+886-2-2752-2941 (FAX)

ShanghaiFCC Partners (Shanghai) Inc.Rm 1102, TongSheng Building, 458 FuShan Road, PuDong, Shanghai, China 200122+86-21-5879-6133 (TEL)+86-21-5879-6136 (FAX)

Hong KongFirst China Capital Partners Limited20/F On Hong Commercial Building,145 Hennessy Road, Wanchai, Hong Kong +852-9168-7230 (TEL)+852-3520-3960 (FAX)

SingaporeFCC Partners Pte. Ltd.460 Alexandra Road, Level 26, PSA Building, Singapore 119963+65-6809-3282 (TEL & FAX)

Documents

FCCP Presentation