China Venture Capital Private Equity Annual Ranking Part I Venture

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China Venture Capital & Private Equity Annual Ranking 2007 Part I: Venture Capital Venture Capital Fund of the Year 2007 VC Investment Winner of the Year 2007 VC Fundraising Winner of the Year 2007 VC Exit Winner of the Year 2007 Top 50 Venture Capital Funds of the Year 2007 Rank 1 2 3 4 VC Funds SAIF Partners IDGVC Partners Shenzhen Capital Group Co., Ltd. (SCGC) Sequoia Capital China Rank 26 27 28 29 VC Funds China Merchants Holdings Co., Ltd. Granite Global Ventures iDTech Ventures Shenzhen Fortune Venture Capital Technology 1 Co., Ltd. 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 NewMargin Ventures KPCB China Fund Susquehanna LLP. CDH Venture Legend Capital Northern Light Venture Capital Softbank China Venture Capital The CID Group New Enterprise Associates DT Capital Partners AsiaVest Partners, TCW/YFY Ltd. Qiming Venture Partners Infotech Pacific Ventures KTB Investments Suzhou Ventures Group (China-Singapore Suzhou Industrial Park Ventures Co., Ltd.) GSR Ventures Chengwei Venture Intel Capital Capital Today Japan Asia Investment Co., Ltd. International Group, 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 DCM Group Fidelity Investment Group WI Harper Group JAFCO Investment (Asia Pacific) Ltd Orchid Asia Group Management Co., Ltd. Gobi Partners Tsing Capital Lightspeed Venture Partners Wuhan Huagong Venture Capital Co., Ltd. Redpoint Ventures Shenzhen Oriental Fortune Capital Co., Ltd. Steamboat Ventures Jiangsu High-Tech Investment Group Bluerun Ventures Draper Fund Fisher Jurvetson Dragon Canton Venture Capital ePlanet Ventures Draper Fisher Jurvetson China Bessemer Venture (Shanghai) Co., Ltd. Partners Heilongjiang Chenergy-HIT Hi-tech Venture Capital Co., Ltd. (CVC) Hunan XiangTou Hi-Tech Venture Capital Co., Ltd (Hunan Gaoke Telecom Equipment Co., Ltd.) 25 Walden International 50 2 Part II: Private Equity (focusing on Mainland China) Private Equity Fund of the Year 2007 PE Investment Winner of the Year 2007 PE Fundraising Winner of the Year 2007 PE Exit Winner of the Year 2007 3 Top 30 Private Equity Funds of the Year 2007 Rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 PE Funds CDH Investments Morgan Stanley Bain Capital, LLC The Goldman Sachs Group, Inc. Temasek Holdings Pte Ltd. Warburg Pincus LLC. The International Finance Corporation Merrill Lynch & Co., Inc. Hony Capital Limited Baring Private Equity Asia The Government of Singapore Investment Corporation Pte Ltd. The Blackstone Group KOHLBERG KRAVIS ROBERTS & Co. Citigroup The Cathay Capital Group Rank 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 PE Funds Lehman Brothers Inc. Prax Capital Management Co. The Carlyle Group, L.L.C. General Atlantic LLC. Bohai Industrial Investment Fund Texas Pacific Group Tiger Fund American International Group, Inc. CVC Asia Pacific Ltd 3i Group New Horizon Fund Natixis Private Equity Asia Limited H&Q Asia Pacific Actis Blue Ridge Capital Part III: People Venture Capitalist of the Year 2007 Name Andy Yan VC Fund SAIF Partners Position Managing Partner Top 10 Venture Capitalists of the Year 2007 Name VC Fund Position 4 Feng Deng Tao Feng Haitao Jin Dongliang Lin Gongquan Wang Chauncey Shey Andy Yan Daniel Yang Fan Zhang Joe Zhou Northern Light Venture Capital NewMargin Ventures Shenzhen Capital Group Co., Ltd. (SCGC) IDGVC Partners CDH Venture Softbank China Venture Capital SAIF Partners SAIF Partners Sequoia Capital China KPCB China Fund Founding Managing Director Managing Partner Chairman Partner General Partner Managing Partner Managing Partner Partner Founding Managing Partner Managing Partner Listed in order of last name PE Capitalist of the Year 2007 (focusing on Mainland China) Name Shangzhi Wu PE Fund CDH Investments Position Chairman Top 10 PE Capitalists of the Year 2007 (focusing on Mainland China) Name Jing Huang Zhen Jiao David Liu Chang Sun Kevin Wang Shangzhi Wu Xiang-Dong (X.D.) Yang Conrad Tsang Kevin Zhang John H. Zhao PE Fund Bain Capital, LLC CDH Investments KOHLBERG KRAVIS ROBERTS & Co. Warburg Pincus LLC. Natixis Private Equity Asia Limited CDH Investments The Carlyle Group, L.L.C. Baring Private Equity Asia The Goldman Sachs Group, Inc. Hony Capital Limited Position Managing Director Managing Partner Managing Director Managing Director Managing Partner Chairman & Managing Partner Managing Director Principal Managing Director CEO & Managing Director 5 Listed in order of last name VC/PE-Backed Entrepreneur of the Year 2007 Entrepreneur Position Chairman & Non-Executive Director Enterprise Investor Jack Ma Alibaba.com Limited Softbank China Venture Capital, GGV, etc. Top 10 VC/PE-Backed Entrepreneurs of the Year 2007 Name Michael Chi Herman Guo James Hu Qi Ji Pak Kwan KAU Ge Li Zengxiang Lu Position Chairman & CEO Chairman & CEO Enterprise Perfect world Co., Ltd. Airmedia SAIF, etc. CDH China Capital, etc. SAIF, etc. CDH, etc. Northern Light, Growth Investor CEO CEO Acorn International Hanting Hotels Inc. Kingsoft Corp. Chairman Chairman & CEO Intel Capital, etc. Fidelity UOB, etc. SAIF, etc. Investment, WuXi PharmaTech Co., Ltd. Beijing Novel-Tongfang Digital TV Technology Co., Ltd. Alibaba.com Limited Chairman & CEO Jack Ma Chairman & Non-Executive Director Chairman & CEO SBCVC and GGV, etc. Yuzhu Shi Giant Interactive Group Inc Spreadtrum Communications Inc. SIG, etc. NEA etc. Legend Capital, Ping Wu President, Chairman & CEO Part IV: Deal 6 VC Investment of the Year 2007 Vacancy VC Exit of the Year 2007 PE Investment of the Year 2007 Vacancy PE Exit of the Year 2007 Part V: Agency Venture Capital Market Lead Legal Advisor of the Year 2007 Private Equity Market Lead Legal Advisor of the Year 2007 Overseas IPO Lead Legal Advisor of the Year 2007 7 Domestic IPO Lead Legal Advisor of the Year 2007 VC/PE-Backed Overseas IPO Lead Auditing Firm of the Year 2007 VC/PE-Backed Domestic IPO Lead Auditing Firm of the Year 2007 Top 3 Active Overseas IPO Lead Underwriters of the Year 2007 Rank 1 2 3 Company UBS Goldman Sachs (Asia) Ltd. Morgan Limited Stanley Asia Top 3 Active Domestic IPO Lead Underwriters of the Year 2007 Rank 1 2 3 Company CITIC Securities Co., Ltd. China International Capital Corporation Limited (CICC) Guosen Securities Co, Ltd. 8 Merger & Acquisition Market Lead Legal Advisor of the Year 2007 -------------------------------------About Zero2IPO Group Founded in 1999, Zero2IPO is a leading integrated service provider in the China venture capital and private equity industry. The company is mainly engaged in professional consulting, research, marketing and networking, direct investment of early stage deals, and other value-added services. Zero2IPO Group has established Divisions of Financial Advisory Services, Financial Information Services, Media & Network Services, etc. Financial Advisory Services (FAS) represents China startups seeking venture capital or private equity funding. Through its extensive network of investors worldwide, FAS channels over US$100M to about 10 startups each year. These startups are distributed across a broad spectrum of industries, including biotechnology, health care services, telecommunications, media, education, Internet and e-commerce. Formed in late 2006, the Zero2IPO Capital is a venture capital arm targeted at high-potential, high-growth China startups. Financial Information Services (FIS) releases annual, quarterly and customized research reports covering China venture capital, private equity, M&A, and IPO. Also known as the Zero2IPO Research Center, FIS is viewed as the most trustworthy information source in the industry. FIS reports are used by investors, LPs, investment banks, auditing firms, law firms and entrepreneurs worldwide. Each year, FIS publishes the China venture capital ranking results which are widely accepted and quoted among these professionals. Media & Network Services (MNS) strives to provide a networking platform for entrepreneurs and investors. Since 2001, MNS has organized 17 China Venture Capital Forums and over sixty Z-Club activities. Each year, over 5000 participants attend these conferences and club events held in Beijing, Shanghai, Tokyo, London, and Silicon Valley. There are over 200 investor members and 200 entrepreneur members in our Z-Club. Together, the China Venture Capital Forum (CVCF) and Z-Club events constitute the largest networking platform for investors and entrepreneurs in China. Zero2IPO Group is headquartered in Beijing with offices in Shanghai, Hong Kong, and Silicon Valley. Please visit www.zero2ipo.com.hk for further information. 9 About Zero2IPO Research Center Established in Nov. 2001, Zero2IPO Research Center aims to provide professional research reports and custom researches for relevant professionals in the Greater China Region. Our research ranges from venture capital, private equity, IPO, M&A to TMT industries. Currently, Zero2IPO Research Center has become the most prestigious research institute in China VC and PE field. Contacts: Tel: 8610-84580476 ext. 8073 (Ms Robin Zhu) Fax: 8610-84580480 Email: robinzhu@zero2ipo.com.cn Please log in www.cvcf.cn/2007vcranking for further information. For any quotation, please note it is quoted from “Zero2IPO Research Center.” 10

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