Introduction to Tsing Capital- Pioneer & Leader in Cleantech Investment in China

LACI Cleantech Global Showcase

Doing Well by Doing Good ©

Don YeFounding Partner

Oct 6 2014

Photo by Sandy Xu @ Tsing Capital

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Our Vision

Founded in 2001 on the philosophy of “Doing Well by DoingGood©,” Tsing Capital has since become the global pioneerand leader in environment and cleantech investment. With thevision that sustainability would be a fundamental paradigmshift in human activities and create the greatest economicopportunity of our time, the firm has invested in cleaner andbetter ways of producing and living. As China emerges as thelargest market, Tsing Capital is poised to seek superior returnsfor its investors environmentally, socially, and financially.

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Pioneer and Leader in China Cleantech Investment

The largest cleantech team in China

Since 2001, the first cleantech fund in China and one of the earliest in

the world

4 USD funds

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Tsing Capital Has Grown Significantly Over the Past 13 Years

“A visionary leader in cleantech venture investment across Silicon Valley and China with extensive achievements”, Asia Venture Capital Journal

“An evangelist in Chinese cleantech investment”, International Financing

Tsing Capital has been selected by HBS as a case studyBenefits to TC: substantial contribution to management education, value-add to TC development and maintain valuable relations with HBS network

Dominant Player

Pioneer

Mainstream

CEF 2002USD 13M

CEF 2004USD 30M

CEF IIIUSD 228M

Yiyun IRMB 350M

Yiyun IIRMB 350M

Leader

CEF IVUSD 257M

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

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*Proprietary to Tsing Capital.

Clean Economy and Our Focus

Farming

Forestry Husbandry Fishery

Others

Metal Materials

Non-metallic Materials

Composite Materials

Others

EVs

Cleaner ICE

SustainableMaterials

Cleaner ProductCleaner

ProcessWaterAir

Solid Waste

Smart Grid

Building & Lighting

Industrial EE

Renewable Energy

Cleaner Fossil

Others

TsingCapital

Sustainable Agriculture

New Materials

Sustainable Transportation

CleanerProduction

New Energy

Energy Efficiency

Environment Protection

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World Class Investor Support

Tsing Capital is supported by many of the world’s most prominent organizations in the field of cleantech

DFIs Strategic MNCs

Financial Institutions Family Offices

China Environment Fund Series

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Tsing Capital’s Value-add to Portfolios

Tsinghua University R&D and policy influence

Tsing Capital value-added

Strengthening corporate governance

Formulate business strategies

Enhance publicity and synergy among portfolio companies

Training by experts in eg, finance, tax, BD, market

LP resources: project financing, strategic partners

Social and environmental system & complianceAdditional financing, future exits

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Our portfolio

EEMCO永恒能源

Miartech弥亚微

Convertergy康威特吉

Baichuan福建百川

Polyera保尔佳

HYBOLIC

桓宝节能

Jing‐Jin Electric

精进电动Phononic

Enevate

Rayben乐键

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2008-2013 “CLPA 50 Most Valued GP”, China LP Association “2011 Responsible Investor of the Year Asia”, PE Asia (2012) “10 Companies to Shape the World in 2020”, Sustainable Excellence (2010) #1 of “Top 10 Greentech VC Firm”, ChinaVenture (2010-2012) #1 of “Top 5 Cleantech VC Ranking”, CCIS / SSG Capital (2010) 2008 “Cleantech Leader Award”, Cleantech Group (2009) 2008 “Best Corporate Citizenship Growth”, 21st Century News Group (2008) 2005 “Cleantech Pioneer Award”, Cleantech Group (2006) “2010 China Most Valuable Enterprises Award” No. 7, EZCapital (2010)

“Top 20 Domestic VC Firms of the Year 2010”, Zero2IPO (2010)

2009 “Outstanding Corporate Citizen”, Ministry of Civil Affairs (2009)

2009 “Top 50 GP’s in China”, China Limited Partners Association (2009)

“Top 50 VC Firms of the Year”, Zero2IPO (2003-2012)

“40 China’s Most Powerful People 2009”, BusinessWeek (2010) “2010 China’s Best Venture Capitalist” No. 35, Forbes China (2010)

“2010 Green Person of the Year”, Chinese Esquire (2010)

Top 50 “China’s Best Venture Capitalist”, Forbes China (2009)

“25 Promoters of Business Globalization”, Global Entrepreneur (2009)

“25 Stars of China”, BusinessWeek/China (2009)

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Tsing Capital and its management are widely recognized across the globe

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Don Ye: 40 “China’s Most Powerful People 2009”, BusinessWeek

Don Ye: 40 “China’s Most Powerful People 2009”BusinessWeek (Dec 2009)

Mr. Don Ye, the Managing Partner,was selected China’s Most PowerfulPeople 2009 by BusinessWeek forhis pioneering efforts in cleantechventure investment in China. Othernotable people selected includePresident Hu Jintao, Vice-PresidentXi Jinping, Premier Wen Jiabao,Alibaba Founder and CEO Jack Ma,Lenovo Group Chairman LiuChuanzhi and NBA basketball starYao Ming.

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Sustainable Excellence: Tsing Capital – “10 Companies to Shape the World in 2020”

“ Tsing Capital is the first clean-technology venture capital fund inChina, and it owns the “Doing Well byDoing Good ©” investment philosophy”

Author: Aron Cramer, President and CEO of Business for Social Responsibility (BSR). Published in 2010

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World Bank President Zoellick: Tsing Capital an example of PE driving growth and change

On May 14th 2012 at IFC’s 14th Annual

Global Private Equity Conference, World

Bank President Robert Zoellick gave Tsing

Capital a glowing mention in his keynote

speech. Tsing Capital was described as a

great success story that “shows how

commercial concerns linked to

environmental and social standards offer

win-win opportunities; it demonstrates

how private equity can be a powerful

driver of growth and change”.

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