June 15, 2015 - Sanpower Group subsidiary Sanpower International Healthcare Management Co., Ltd. (Sanpower Healthcare) and Shanghai Yinlai Equity Investment Fund Management Co., Ltd. (Shanghai Yinlai) officially signed the strategic cooperation agreement at Sanpower Group's headquarters, and jointly initiated the establishment of Sanpower Yinlai Healthcare Investment Fund. Chairman of Sanpower Group Yuan Yafei, Chairman of Yinlai Group Pu Xiaodong, Senior Vice President of Sanpower Group Liu Zhenhua, Vice President of Sanpower Group and CEO of Sanpower Healthcare Tian Youzhong, and Director of Yinlai Strategic Development Commission Wu Menghua attended the signing ceremony.

Sanpower Yinlai Healthcare Investment Fund has a size totalling 5 billion yuan. The fund will mainly be earmarked for grand health-related fields including hospital investment, mobile Internet healthcare, senior care, stem cells research and application, medical cosmetology, etc. Sanpower Yinlai Equity Investment Fund Management Company Limited is in charge of the daily management of the Fund, with its core management team consisting of personnel selected from Sanpower Group and Yinlai Group. Both sides have profound industry resources and accumulation in the field of grand health.

The establishment of the healthcare industry investment fund is aimed at seizing the future ten years of rare investment opportunities in China's medical industry and fully using the fund manager's professional investment team and risk control system, so as to further enhance Sanpower's investment capacity in grand health, effectively filter the various potential risks underlying the early phase of the object projects, promote its active and steadfast merger and integration as well as expansion in healthcare, as well as realise fast, continued and healthy development.

Yinlai Group

Shanghai Yinlai Investment (Holdings) Ltd. (Yinlai Group) is an integrated financial services company, mainly engaged in equity investment, industrial investment, asset management, investment management consulting, etc. Affiliated to Yinlai Group, Shanghai Yinlai Equity Investment Fund Management Co., Ltd. is a professional fund management agency specialised in industrial investment, merger and acquisition management, corporate restructuring, etc. Shanghai Yinlai has set up quite a few funds with a management and investment fund worth over 10 billion yuan and industries covering medical and senior care, modern agriculture, environmental science and technology, culture media, etc.