Chris Ruffle

MC China Ltd. (Investment Management) (MCChina-IM) is the Chinese alternative investment management division of MC China Ltd. Located in Shanghai, MCChina-IM is a specialist investment management firm whose worldwide clients include financial institutions, charities, government agencies, foundations, endowments, family offices, pension funds and investment trusts.

The China Fund, Inc. is a non-diversified, closed-end management investment company. Its objective is to achieve long-term capital appreciation through investment in companies and other entities with significant assets, investments, production activities, trading or other business interests in China, or which derive a significant part of their revenue from China. The company was founded on April 28, 1992 and is headquartered in Boston, MA.

Martin Currie Asia Unconstrained Trust Plc operates as a closed-end investment trust. Its investment objective is to achieve returns commensurate with Asia ex Japan nominal gross domestic product growth. The company was founded on March 25, 1985 and is headquartered in Edinburgh, the United Kingdom.

Martin Currie Investment Management Ltd. (MCIM) is the Great Britain-based investment management subsidiary of Martin Currie Ltd., ultimately held by Franklin Resources, Inc. (NYSE: BEN) in the US. The firm was founded in 1978 and is headquartered in Edinburgh. MCIM performs investment management, dealing, investment support, sales and marketing and platform functions for the Martin Currie group. The firm manages active-equity portfolios for a global client base of financial institutions, charities, foundations, endowments, pension funds, family offices, government agencies and investment funds.

The Taiwan Fund, Inc. is a diversified closed-end investment company, which engages in the equity securities investments listed on the Taiwan Stock Exchange. The company was founded on December 23, 1986 and is headquartered in Boston, MA.

Founded in 2011, Open Door Investment Management Ltd. is an SEC-registered investment advisor and hedge fund manager located in George Town, Cayman Islands. The firm is a subsidiary of Open Door Capital Management Ltd.

Open Door Capital Advisors (US) LLC provides investment advice. The company was founded by Christopher Bentham Ruffle and Ke Shifeng in 2011 and is headquartered in San Francisco, CA.

Open Door Investment Management Ltd. (China) (ODIM) is the China-based asset management division of Open Door Investment Management Ltd., which is ultimately held by Abracadabra Investments Ltd. The firm is headquartered in Shanghai and was founded in 2011. ODIM provides investment advisory and management services to their clients.