CPPIB

Canada Pension Plan Investment Board (CPPIB) is a professional investment management organization that invests the funds not needed by the Canada Pension Plan (CPP) to pay current benefits on behalf of 19 million contributors and beneficiaries. In order to build a diversified portfolio of CPP assets, CPPIB invests in public equities, private equities, real estate, infrastructure and fixed income instruments. CPPIB is headquartered in Toronto, with offices in Hong Kong, London, Luxembourg, Mumbai, New York City and São Paulo. As of December 31, 2016, the CPP Fund totaled C$298.1 billion. CPPIB was specifically designed to be governed and managed independently of the CPP and at arm's length from the federal and provincial governments to which we are accountable, with a simple and clear mandate of earning a maximum rate of return without undue risk of loss.

CPPIB has a proven track record of investing in China and has established strong and close relationships with the relevant authorities and partners. As a global top-tier institutional investor and one of the 10 largest retirement funds in the world today, CPPIB is a significant and committed investor in China with over US$ 10 billion invested across public and private markets and real estate. Our major investments include Postal Savings Bank of China, Alibaba, Meituan Dianping, United Family Hospital, Neusoft Medical, Raffles City and Goodman China Logistics Partnership which now has 42 assets across 16 key logistics hubs in China.

With a total quota of US$1.2 billion, CPPIB is one of the 10 largest holders of the Qualified Foreign Institutional Investor (QFII) quota. Our application for a Renminbi Qualified Institutional Investor (RQFII) license and China Interbank Bond Market (CIBM) license were also approved respectively in December 2015 and January 2016.