CDH China Fund III (L.P.) and CDH Investment Fund (hereinafter referred to as "CDH Investment") were established in 2002. They are funded by more than 60 well-known investment institutions around the world, such as Stanford University Fund and Singapore Government Investment Corporation, with a scale of over US$ 3 billion. They are the largest investment funds focusing on China investment at present. The cooperation of CDH investment management team started at 1995, and now it has gradually developed into a management team with more than 50 professionals, and has rich experience in equity investment and capital operation at home and abroad in the fields of private equity investment, venture capital investment and real estate investment. This management team has made remarkable investment achievements in the investment practice, mainly investing in more than ten well-known domestic brand enterprises such as Mengniu Dairy, Li Ning Sporting Goods, Shuanghui Food, Belle Women's Shoes, Focus Media and LDK Solar, many of which have been successfully listed, creating great value for the invested enterprises and achieving good return on investment.