PE Leading Bank

I. Description
In PE leading bank service, ICBC provides financial advisory services, such as recommendation of investors and equity investment projects, and assistance in the project management and exit management after investment etc. to the administrative institutions of private equity collective investment instruments that sign cooperation agreement with ICBC.
1. Investor recommendation
2. Equity investment project recommendation
3. Project management advisory service

II. Applicable Targets
Institutions managing private equity collective investment instruments with corresponding business qualifications, include legal entities such as the partnership or corporate fund investment management companies, trust companies, securities companies, securities investment fund management companies and their subsidiaries etc.

III. Requirements
Institutions managing private equity collective investment instruments with corresponding business qualifications can apply for the service.

IV. Service Channels
Investment banking departments at all levels.

V. Charging Standards
Through negotiation, both parties enter into an equity financing advisory service agreement. The financial advisory service will be charged as per agreed standard.

Agency Investment Portfolio Fund

I. Description
Agency investment portfolio fund is a service where ICBC provides fund raising advisory service, project recommendation advisory service, management consulting and advisory service for portfolio fund established by corporate customers or cooperative institutions. Portfolio fund means investment in a group of financing customers, financing projects and sub-funds, etc. on the platforms of private equity fund, asset management plan and other investment instruments in a decentralized manner.

II. Applicable Targets
Portfolio funds (including industrial fund, market-based exit private equity fund, mezzanine fund and mother fund, etc.) initiated by qualified governments and their holding companies, enterprise legal persons, private equity fund management companies (including risk investment management companies), brokers, fund and insurance companies and other institution customers.

III. Features and Advantages
Customized design: ICBC customizes fund schemes based on the customer’s demand for mixed ownership reform, industrial integration, off-balance sheet control assets, debt structure adjustment and market-based decentralized investment, etc.;
Integrated fund services: By relying on its networks worldwide and large customer base, ICBC provides whole-process and multi-dimensional fund services including fund establishment, fund raising, project investment and exit management;
Optimal fund matching: While assisting fund raising, ICBC leverages its fund advantages, matches wealth management funds, private banking customer’s funds and FOF mother fund, and seek external funds based on the investment strategies, risk appetite and maturity of fund.

IV. Requirements
Government and corporate customers and management institutions qualified for initiating portfolio fund.

V. Service Channels
Investment banking departments at all levels.

VI. Charging Standards
Both parties shall sign the fund investment and financing advisory agreement upon negotiations. The financial advisory service will be charged as per agreed standard.

PE Advisory Service

I. Description
ICBC can provide advisory and consulting services to domestic enterprises with financing needs by means of equity transfer agreement, private placement, rights issue and other means permitted by laws and regulations, and help enterprises bring in domestic and overseas strategic investors and financial investors. The scope of service includes: procuring funding, assisting with business negotiations, assessing the feasibility of equity private placement plans, conducting business valuation, recommending accounting firms, law firms and other intermediary agencies.

II. Applicable Targets
Corporate customers with demand for equity financing.

III. Requirements
Corporate customers with demand for equity financing can apply for the service.

IV. Service Channels
Investment banking departments at all levels.

V. Charging Standards
Through negotiation, both parties enter into an equity financing advisory service agreement. The financial advisory service will be charged as per agreed standard.

Direct Investment Advisory Service
I. Description
ICBC can provide domestic investors with financial advisory services, assist them in identifying potential investment targets and implementing investment strategies, and coordinate relevant matters. The scope of service includes: identifying potential investment targets, assisting with business negotiations, evaluating the feasibility of investment plans, appraising the value of target businesses and coordinating trading teams.

II. Applicable Targets
Institutional investors with investment demand.

III. Requirements
Institutional investors with investment demand can apply for the service.

IV. Service Channels
Investment banking departments at all levels.

V. Charging Standards
Through negotiation, both parties enter into an equity financing advisory service agreement. The financial advisory service will be charged as per agreed standard.

IPO/Listing Advisory Service
I. Description
ICBC can provide advisory services to domestic enterprises with the potential to stage an IPO/listing, help them implement strategic plans, overall restructuring plans, system reform plans, and equity private placement arrangements; recommend IPO/listing sponsors, chief agency brokers, underwriters and other intermediary agencies; and coordinate all IPO/listing -related matters.
1. Formulate and assist potential enterprises in implementing system reform plans, asset reorganization plans, equity private placement plans and IPO/listing plans;
2. Recommend and assist enterprises in selecting and appointing IPO/listing sponsors, chief agency brokers, underwriters, accounting firms, law firms and other intermediary agencies;
3. Provide comprehensive consulting and advisory services for enterprises’ IPO/listing projects, coordinate with intermediary agencies, and assist enterprises with the preparation of IPO/listing documents.

II. Applicable Targets
Corporate customers with demand for IPO/listing.

III. Requirements
Corporate customers with demand for IPO/listing can apply for the service.

IV. Service Channels
Investment banking departments at all levels.

V. Charging Standards
Through negotiation, both parties enter into an equity financing advisory service agreement. The financial advisory service will be charged as per agreed standard.

Stock Subscription Arrangement Rights
I. Description
In the stock subscription arrangement financial advisory service for corporate customers, while ICBC provides the target corporate customers with private placement advisory services, the target enterprises and its controlling shareholder of de facto controller endow ICBC with certain rights (Subscription Arrangement Rights) and enable ICBC to appoint third-party investment institutions to invest in the equities of the target corporate customers based on the agreed conditions within a certain period of time.

II. Applicable Targets
Corporate customers with high growth potential and potential equity investment value.

III. Charging Standards
ICBC doesn’t charge any fees from the customers at the preliminary stage after signing the agreement, and will collect a sum of financial advisory service fees based on a certain proportion of the equity financing proceeds, after the enterprise brings forward the equity financing needs and completes the equity financing through arrangement of ICBC.

IV. Service Channels
Investment banking departments at all levels.

Note: The information contained herein is for reference only. Please refer to the regulations of local branches of ICBC for further details.