Shanghai Yongxuan Venture Capital Management Co., Ltd., formerly known as Shanghai Lianchuang Investment Management Co., Ltd., was established in July 1999. Headquartered in Shanghai, it has offices in Beijing, Hangzhou and Chengdu. Relying on the strong support of local and domestic governments, Shanghai Yongxuan has formed its own unique corporate culture, with independent decision-making mechanism, professional management style and unparalleled team spirit. We have many investors, including Shanghai Lianhe Investment Co., Ltd., the State Planning Commission, the State Economic and Trade Commission, and the Science and Technology Promotion Fund Committee of the Chinese Academy of Sciences. Overseas investors include Singapore Government Investment Corporation, Kerry Group, Jiahua Group, SUNeVision, JAFCO, Motorola, Alcatel and some well-known companies. Shanghai Yongxuan is the first venture capital management company in China to manage domestic and overseas funds. At present, the fund under management is about $520 million. Up to now, we have invested in 65 companies with an investment of more than 200 million US dollars. Among them, 16 portfolio companies have been successfully listed at home or abroad. We are very proud of the success of these enterprises, and every member of Shanghai Yongxuan will make every effort for the success of every investment.