On January 18, 2013, after long-term negotiation and communication, Tahota signed Long-term Strategic Cooperation Agreement with CITIC Securities Co., Ltd. Chengdu Business Department. In the signing ceremony, Lawyer Shoutai Cheng (senior partner of Tahota), Lawyer Jun Liu and full-time lawyer Min Cheng talked with relevant leaders from CITIC Securities Co., Ltd. Chengdu Business Department in a friendly way and successfully signed the agreement.

CITIC Securities Co., Ltd. (hereinafter referred to as “CITIC Securities) is one of the largest companies in China with strongest comprehensive capacity as well as the first securities company listed in China through public offering. Meanwhile, it is the first securities companies listed in both A+H. CITIC Securities Co., Ltd. Chengdu Business Department should be the only branch of CITIC Securities in Sichuan Province. “Leading and positive” business height of CITIC Securities has created its position as the absolute leader relying on innovation, advancing and great scale of its financial products. The product characteristics of CITIC Securities had perfect suitability for big-ratio financing demands of real estate industry clients of Tahota Law Firm.

Through this cooperation with CITIC Securities which was of strategic significance, Tahota Law Firm and CITIC Securities would reach a specific cooperation model. Under this cooperation model, Tahota would provide professional legal services for investment bank business of CITIC Securities, while CITIC Securities would establish a special financial institution investment and financing platform in Tahota according to investment and financing demands of clients of Tahota. Also, it would offer investment and financial training for members of relevant work groups of Tahota.

This strategic cooperation made the investment and financing products of CITIC Securities satisfy big-ratio financing demands of clients of our law firm to a certain extent. It would improve the absolute value of legal services of our firm in consideration of appreciation. Meanwhile, it provided a relatively platform and space for professional and large-scale development of financial business of Tahota Law Firm.