Jupai Holdings ^{Priced, NYSE: JP}

We are a leading third-party wealth management service provider focusing on distributing wealth management products and providing product advisory services to high-net-worth individuals in China. We provide our wealth management product advisory services mainly to China's high-net-worth individuals who have investable assets in excess of RMB3.0 million (US$0.5 million). In 2012, 2013, 2014 and the three months ended March 31, 2015, the aggregate value of wealth management products we distributed to our clients reached RMB2.7 billion (US$442.4 million), RMB7.5 billion (US$1.2 billion), RMB13.2 billion (US$2.1 billion) and RMB4.6 billion (US$0.7 billion), respectively. Our established wealth management product advisory services operation is complemented by our asset management capabilities. The amount of assets under our sole or shared management reached RMB2.8 billion (US$0.4 billion) as of March 31, 2015 and we expect such amount to grow significantly upon the completion of our acquisition of Scepter Pacific, the holding company of E-House Capital, which has assets under management of over RMB2.5 billion (US$0.4 billion) as of March 31, 2015.