Sectors：
·　Mainly in the IT industry, specifically in 5 investment themes as follows:

1. Internet application and services
2. Wireless application and services
3. Outsourcing
4. Digital Media
5. IC design and key components

·　Seek selected investment opportunities in non-IT businesses related to consumer products

Stage：
·　Primarily start-up and early expansion stages, limited investment in later stages, esp. in the non-IT ventures

Geography：
·　Focusing on ventures with their main operations in China.  Selective limited investment in China related ventures located beyond China

Size：
·　$2-10 mm for each single new name investment, no more than $15 mm investment in total in the same venture
·　No holding ownership, typically between 10% and 30%