Shenzhen Green Pine Capital Partners (GPCP), venture capital firm, was formed by the key management team of IER Venture Capital Co., Ltd GPCP is entrusted to act as a manager for some venture capital funds and provide investment and project management services for its customers. To date, the total assets managed by GPCP reaches RMB 3 billion. More than 60 portfolio companies is being managed by GPCP. New investments of GPCP in 2010 exceeded RMB 600 million. The team of GPCP has first-hand experience in building successful startups, as evidenced through their solid management skills, in-depth knowledge of investment and technology issues, and financing experiences in China. Having done venture capital business in China for over 10 years, the members of GPCP have the resources to provide entrepreneurs with professional advice on company strategy, technology directions, business development, financial and legal issues.