Guangzhou Youngy Investment Management Group Co. Ltd. (http://www.youngy.com.cn) was founded in 1995 by Mr. Lv Xiang Yang (well known entrepreneur and investor in China, ranked China’s 4th richest person by Forbes magazine in 2009 and the 1st of the Financial Industry by the New Fortune magazine in 2010).In 1995, we invested 20 million yuan in BYD company, which got listed later in HK stock market(HK1211). Today the BYD shares worth aggregately more than RMB160 billion. Our investment have accumulated to RMB 30 billion, which represents a return of 1500 times. The BYD company still grows fast today; we believe this investment will contribute greater return in the future. This successful investment is now generally regarded as a textbook example for private equity investment.