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Shangpin.com has raised a stunning USD70 million in a 12 month period to establish itself as the clear market leader in online luxury sales in China. This significant capital investment will enable Shangpin.com to develop the most exclusive online luxury "total shopping experience" in China. Shangpin.com has a long term commitment to each partner and we will market and promote our brand partners and assist them in building their brand awareness in China. Our international investors include Chengwei Capital, Disney's Steamboat Ventures, and Morningside Ventures.

Lei Jun, Renowned Angel Investor

Mr. Lei Jun is a renowned angel investor, a member of the Shangpin.com board of directors, and chairman of the board at Kingsoft, a China-based software and internet company. In 1999, 2000, and 2002, Mr. Lei was chosen as one of the ten most influential figures in China's IT scene, and in 2001 he was elected vice president of the Beijing Software Industry Association. In 2002 he was further honored as one of Beijing's "Top Ten Young Entrepreneurs" and in 2003 was named one of Zhongguancun Science and Technology Zone's most outstanding entrepreneurs.

As an angel investor, Mr. Lei has had previous success investing in companies such as VANCL, Duowan Online Gaming Network, Lakala E-Billing Technology & Service Co., UC Mobile, and Xiaomi Tech, as well as many other innovative enterprises. With investments of more than USD $10 million in each, Mr. Lei has not only helped these companies become leaders in their respective industries, but also proven his own expert's eye for investment opportunities.

Chengwei Capital

Founded in 1999, Chengwei is one of the earliest independent firms to invest in China. Chengwei invests in few companies and focuses on one company that will be the leader in its market. Chengwei made a single $50 million investment in Shangpin.com to establish it as the No 1 Luxury online shopping site in China.

www.chengwei.com

Disney's Steamboat Ventures(SV)

Founded in 2000, Steamboat Ventures is named after Disney's famous Mickey Mouse cartoon character, Steamboat Willie.The mission at Steamboat Ventures is to help young companies successfully face the challenges of becoming leaders in their markets. SV invests in early through growth stage companies that are pursuing opportunities at the intersection of technology, media, and consumer sectors.

www.steamboatvc.com.cn

Morningside Ventures

Founded in1986in Hong Kong, Morningside invests in Hi-Tech, Information Technology, New media, and Biotechnology. Since 1992, Morningside has focused on funding Chinese entrepreneurs working in this area of investment.

www.morningside.com.cn