Resulting from the stable growth of the national economy and the rich sources of deal opportunity, China's venture capital (VC) industry is poised to flourish. As an advocator and pioneer of the VC industry in China and after six years of operations and development, Shenzhen Capital Group Co. Ltd. (SCGC) has made substantial progress in setting the proper guidelines for venture investment in China and in building a proper corporate structure for delivering profits to investors.

          As the venerable leader of VC in China, the government bodies work with SCGC to influence on a practical basis the development of VC related regulations in China. Moreover, SCGC has invested and nurtured some well-known domestic enterprises such as Shenzhen Coship Electronics, Netac Technology, CLU Electronics, SMIC (semiconductors), and Weichai Power, etc. All leaders and success stories. Now the VC industry faces new opportunities and challenges with the coming changes in VC regulations and domestic stock market operations. The coming change in tradable “legal shares” means that a VC exit on a domestic market will soon become a reality. Other changes regarding the promotion of a healthy stock market are something SCGC is looking forward to with relish. A base of support from people from all walks of life and backgrounds helps SCGC keep pace with change through flexibility, innovation, and hard work. As Chairman, I am confident that SCGC's future is one of more success and growth for our investors and partners. Correspondingly, we are working to lay the foundation for the growth of the VC industry, the capital market, and foreign investors in China.