Strategic Cooperation Meeting with Carlyle Group

2015-05-21

The Carlyle Group, which holds 24.14% of the Company’s shares, visited ArtGo Holdings’ Headquarter in Xiamen on May 21, 2015. The Carlyle team had a one-on-one meeting with ArtGo’s management on the Company’s recent development. After the meeting, there is a mutual understanding that, Carlyle would help ArtGo for overseas expansion, establish U.S. subsidiary and introduce related networks and resources for ArtGo to achieve closer cooperation between the two parties. In the meantime, Carlyle team will also establish strategic financing team with ArtGo, cooperate in both the bond and capital market. Carlyle team also visited the stone experience store of the Company’s new brand “ArtMore” in Xiamen. They showed deep appreciation towards the Company’s high quality stones, incredible design and perfect finish.

From left to right: Ms. Kitty Cheung, Vice President and Chief Financial Officer of ArtGo Holdings; Mr. Wayne Tsou, Managing Director of Carlyle Group and Co-Head of Carlyle Asia Growth Partners; Mr. Liu Chuanjia, Chairman of ArtGo Holdings; Mr. Sam Wu, Director of Carlyle Group; Mr. Wu Wenzhen, CEO of ArtGo Holdings.

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