

On April 24, 2009, Deputy Director Ren Qiliang of the Overseas Chinese Affairs Office of the State Council of China met with Liu Xinnuo, Executive Director of the KVB Kunlun Group, and his delegation.
The Overseas Chinese Affairs Office of the State Council is the agency that assists the Premier in handling overseas Chinese affairs. Deputy Director Ren Qiliang welcomed the guests' visit. He gave a brief overview of the current domestic economic situation, the functions of the Overseas Chinese Affairs Office, and the organization of major themed events such as the "Overseas Chinese Entrepreneurs Conference" and the "World Chinese Forum." Deputy Director Ren Qiliang warmly welcomed KVB Kunlun to strengthen ties with the Overseas Chinese Affairs Office and to actively participate in the economic and cultural exchange activities it holds in Australia and New Zealand.
Mr. Liu Xinnuo also introduced KVB Kunlun's business development. As a Chinese-funded non-bank financial institution that has grown up overseas, Kunlun has, in just a few years, expanded its business across Oceania, North America, mainland China, and Hong Kong, with a business scope ranging from foreign exchange settlement to high-end financial investment products, and holds a leading position in the offshore finance sector. During last year's once-in-a-century financial tsunami, KVB Kunlun achieved steady growth thanks to its accurate reading of the market and effective risk management mechanisms. Deputy Director Ren Qiliang gave full recognition to this.
Mr. Liu Xinnuo stated that the company will continue to actively develop forward-looking financial products and services to meet the wealth management and investment needs of overseas Chinese in different regions, and will also work hand in hand with the Overseas Chinese Affairs Office to contribute to promoting cooperation and exchange between overseas Chinese and the motherland in economic, cultural, and other areas.