Investment in the Solar Energy Industry
 
Deal Summary

Founded in 1999, Beijing JingYunTong Technology Joint Stock Co., Ltd (¡®JYT¡¯) is a leading manufacturer of monosilicon and polysilicon furnaces for the solar industry. JYT has experienced rapid growth and has successfully seized over 60% market share in mainland China.

In March 2009, Prax invested in JYT as lead investor.
 
Prax Value-added
As an early investor in solar power in China, Prax continues to target alternative energy investments. Prax brings a wide network and rich experience in this industry, through which we can assist JYT with technology upgrades, international sales, and the IPO application process.