| Thursday, Oct 30, 2008 |
| 4:30 pm | Registration |
| 5:30 pm – 7:00 pm | CVCA Young Venture Capitalist Club (YVCC) Annual Cocktail Reception |
| 7:00 pm – 9:00 pm | Goldman Sachs (Asia) L.L.C Welcome Dinner Welcome Address: Teresa TEAGUE, Managing Director, Goldman Sachs (Asia) L.L.C. |
| 7:00 pm – 7:30 pm | Keynote Speech Lun FENG, Chairman of Vantone Real Estate |
| Friday, Oct 31, 2008 |
| 8:20 am | Registration Continental Breakfast |
| 9:00 am – 9:05 am | Opening Remarks Mr. Hugo SHONG, Chairman, China Venture Capital Association / Founding General Partner, IDGVC Partners / Executive Vice President, IDG / President, IDG Asia |
| 9:05 am – 9:10 am | Welcome Address Robert Ashworth, Partner, Freshfields Bruckhaus Deringer / Conference Co-Chairman |
| 9:10 am – 9:50 am | Keynote Speech: Xiaoling WU, Vice Chairman, Financial and Economic Committee of the National People's Congress |
| 9:50 am – 10:50 am | Panel I: RMB Fund Formation and its Growth Roadmap Moderator: Edward Suning TIAN, Chairman, China Broadband Capital Partners LP (CBC Capital) Points of Discussion:
-What role the Chinese government will play to support the sustainable and healthy growth of RMB Funds? How will the government find a balance between regulation and market development? -Which RMB Fund structure is better for China and what regulatory framework should be built accordingly? -Can RMB and foreign currency funds complement each other to achieve a win-win situation? -Which financial institutions will be approved to become a RMB LP, next to the National Social Security Fund? What will be the relevant regulations development? -How can RMB GP/LP establish a strong cooperation mechanism?
Panelists:
Wenlian CAO, Deputy Director General, Dept. of Fiscal & Affairs, National Development and Reform Commission Zheying LIN, Deputy Director General, Dept. of Foreign Investment Administration, Ministry of Commerce Xiaofeng HE, Director, Financial & Industrial Development Institute of Peking University/ Finance Department of Economics School Richard GUO, Partner, Fangda Partners Li LI, Partner, Debevoise & Plimpton LLP Qiannan LU, Tax Director, PricewaterhouseCoopers |
| 10:50 am – 11:50 pm | Panel II: Impact of the current global financial turmoil to China's PE/VC industry Moderator: Hugo SHONG, Chairman, China Venture Capital Association / Founding General Partner, IDGVC Partners / Executive Vice President, IDG / President, IDG Asia Points of Discussion: -How will the PE/VC industry handle the negative impacts and new challenges that the international financial turbulence brings? How to manage the uncertainties ahead and what are the emerging opportunities? -How the current global "financial tsunami" may help in building a more sustainable PE/VC industry in China? Any experiences and lessons to share? -How to reassess the global financial system? What impact that the financial turmoil has on China's financial and capital markets? What kind of unique role will China play in the global financial system in the future? Panelists: Duane KUANG, Qiming Venture Partners, Founding Partner Shangzhi WU, Chairman & Managing Partner, CDH Investments Lan XUE, Managing Director, Head of China Research, Citigroup Global Markets Asia Limited Andrew YAN,Managing Partner, SAIF Partners |
| 12:00 pm – 1:30 pm | Luncheon |
| 1:30 pm – 2:30 pm | 2008 CVCA Annual General Meeting Update (CVCA Members Only) |
| 2:30 pm – 3:30 pm | Panel III: Opportunities and Challenges Ahead for VC and PE Industry Moderator: Yichen ZHANG, Chairman-elect, China Venture Capital Association / Chief Executive Officer, CITIC Capital Holdings Limited Points of Discussion: -Currently, China's PE funds tend to be growth capital, while in more mature markets, PE funds tend to be more buyout oriented. Is the buyout model applicable to China PE industry? With the global capital market slumping, will the buyout approach become a good option? -What value shall PE/VC funds bring to their portfolio companies, in addition to the capital support? How to build a great company? How can you help your portfolio companies enhance their market competitiveness? Panelists:
Christopher BOWN, Partner, Freshfields Bruckhaus Deringer Jing HUANG, Managing Director, Bain Capital LLC Richard HSU, Director, Intel Capital China Jana MATTHEWS, Founder and CEO, The Jana Matthews Group David H. LIU, Partner of KKR,Head of KKR Greater China Kathy XU, Founder and Managing Partner, Capital Today Group |
| 3:30 pm – 4:30 pm | Panel IV: Emerging Business Opportunities in China's New Energy and Environmental Protection Industry Moderator: Roman SHAO, Managing Partner, DT Capital Partner Points of Discussion: -How will government policy influence China's energy and environment industry? What are the new energy areas that have the highest investment value and potential? -Successful experience sharing for investment in new energy areas including solar and wind energies. -How to balance the relationship between use of new energies and energy price reform? How to achieve an industrialized and market-oriented development for new energies? -Development of bio fuel and food price rises, an opportunity or a threat? For China as a key agriculture nation, how to develop its own bio fuel industry creatively and what is the potential for growth and opportunity for investment? -What are the key challenges and opportunities in low carbon energy technology and carbon emission trading? Panelists: Dinghuan SHI, Counsellor, The State Council / President, Chinese Renewable Energy Society Ka Keung CHAN, Managing Director and Head of Investments Greater China, Climate Change Capital Roy LUO, National Program Director, Industrial Clusters Development & Capital Operation Program, ITPO-China Xu ZHENG, Chairman and CEO of Sierra Solar Chuanwei ZHANG, Mingyang Group |
| 4:30 pm – 4:45 pm | Coffee Break |
| 4:45 pm – 5:45 pm | Panel V: Identifying Best Timing and Strategy for An Exist Moderator: Chang Q. Sun, Managing Director, Warburg Pincus Asia LLC Points of Discussion: -How will the government's regulatory development support China's multi-layer capital market construction and provide more options for PE/VC invested Chinese enterprises to exist? -How to manage the negative influence that the current global financial and capital market turmoil has on the investment exist strategy? How to decide the best timing and channels of exit? What are the experience and reflection at this time of a downturn in the financial cycle? Panelists:
Ou WANG, Researcher, Research Center of China Securities Regulatory Commission Heiner BRAUN, Partner, Freshfields Bruckhaus Deringer Johan LEVEN, Managing Director, Co-Head of Mergers & Acquisitions, Asia Ex-Japan Goldman Sachs (Asia) L.L.C. J. Edward LI, Partner, Morrison & Foerster LLP David J. ROBERTS, Counsel, O'Melvenys & Myers LLP |
| 5:45 pm – 6:00 pm | Closing Remark Robert ASHWORTH, Partner, Freshfields Bruckhaus Deringer / Conference Co-Chairman |
