Li Ping Qiu

Milestone Capital Management Ltd. (Milestone Capital) is an independent Chinese private equity firm which was founded by Yunli Lou and Liping Qiu in 2003 to invest primarily in established high-growth companies seeking expansion or acquisition capital in China. Based in Shanghai and Beijing, the firm manages the Milestone China Opportunities Funds, utilizing their investment banking, private equity, new business start-up, operations management and government relations expertise to create value in their investee companies.

Lianluo Smart Ltd. engages in the development and marketing of medical wearable devices, smart devices and ecosystem platform. The medical wearable sector focuses on wearable sleep respiratory devices, focusing primarily on sleep respiratory solutions to obstructive sleep apnea syndrome. The smart devices sector is specialized in operating easy-use smart devices for sports, social contact, entertainment, remote-control and family health management, which can connect things and humans in an intelligent way. The smart ecosystem platform sector, intends to build an ecosystem to facilitate interconnection among smart products and between smart products and users. The company was founded by Ping Chen on July 22, 2003 and is headquartered in Beijing, China.

Milestone China Opportunities Fund I LP focuses on China-based companies operating in the fields of media, new energy, industrial manufacturing, electronics, consumer products, internet, and health technology. The fund provides financing for buyout capital requirements with an investment size ranging from $10 to $100 million.

Lashou Group, Inc. engages in the provision of e-commerce platform. It provides group-purchase discount deals for establishments such as local restaurants, salons, movies, and hotels. Its business scope includes technology development and transfer, technical services and advice; economic information consultation; advertising design, production, and agents; network technology services; engaged in business brokerage business; sale of clothing, shoes and hats, household appliances, electronic products, electronic equipment, computer equipment, computer hardware and software, business services; internet information services business; operating the telecommunications business; and engaged in internet cultural activities. The company was founded by Bo Wu & Xiaobo Jia on September 15, 2009 and is headquartered in Beijing, China.

Milestone China Opportunities Fund II LP focuses on China-based companies operating in the fields of media, new energy, industrial manufacturing, electronics, consumer products, internet, and health technology. The fund provides financing for buyout capital requirements with an investment size ranging from $10 to $100 million.

Spring Asset Management Ltd. (Hong Kong) engages in the management of assets of Spring Real Estate Investment Trust (REIT). The company was founded on January 29, 2013 and is headquartered in Hong Kong.