Cornerstone Management ^{Filed, US Offering, Removed, Nasdaq: CSCA}

We are a private equity fund manager in China primarily engaged in the management of private equity funds. Currently, we focus our investments primarily on China-based companies that are publicly listed or seeking to list in the US, particularly on companies in the TMT sector such as new economy companies. Our investments in such companies comprise all stages of the investment cycle: pre-IPO investments, IPO subscriptions, post-IPO secondary market investments (most often in the form of PIPE transactions) and privatizations. As we are a relatively young private equity fund manager in China with a limited operating history, our current business model is to identify investment targets first and raise capital to fund targeted transactions on a deal-by-deal basis as opposed to calling capital from committed investors. We also provide third-party investors with financial advisory services, which primarily include identifying suitable target investment projects that fit the specific investment needs of investors based on our expertise, market resources, internal database and professional relationships with our industry peers.