Chinese Economic Reform Administration

1. Chinese Economic Reform Administration Key Factors in Private Placements Recapitalization as a prelude to a Successful IPO By Grand Avenue Capital Partners Member NASD SIPC Thomas Korzenecki, Principal Managing Director Grand Avenue Capital Partners, LLC August 9, 2008 Beijing

2. Presentation Outline • Key Factors in Private Placements Recapitalization as a • prelude to a Successful IPO • Characteristics of the Private Placement Candidate • Purpose of the Private Placement • Proper Capital Structure • Investors • Valuation Parameters • Timeline for Successful Private Placement • Example of Pre-IPO Recapitalization Prospective Investor Categories • Elements of Engagement Agreement • Focus of Etech’s Financial Advisory Services

11. Grand Avenue Capital Partners Investment Banking Team Thomas R. Korzenecki Principal Managing Director Mr. Korzenecki has 14 years diversified operating and financial experience in the oil and chemical industry, with four years of merger, acquisition and divestiture work for ARCO and Occidental Petroleum. His responsibilities included divesting major assets in Europe and he was a key adviser in domestic acquisitions/divestitures involving businesses in the oil, gas, chemical, coal and food processing industries. He then initiated, financed and managed for 13 years four corporate acquisitions of manufacturing companies for his own account, one of which was involved in vulcanized rubber products. Since 1998, as a founding member of Grand Avenue Capital Partners, he has advised primarily private companies in the energy, engineered products, and a wide variety of manufacturing companies.