Ma Deyou Awarded "Best M&A Deal"

On June 6, at the First China International Private Equity Forum co-organized by Tianjin Municipal Government, All-China Federation of Industry & Commerce and Association for Corporate Growth, Ma Deyou, deputy GM of the Rubber Business Unit of SinoChem International received the "2006 China M&A Special Award - Best M&A Deal" for the "expansion, merger and acquisition of overseas natural rubber markets".

Over the recent years, SinoChem International has been expanding the upstream of natural rubber supply rapidly, with the acquisitions of Hainan Enlian and Xishuangbanna Enlian. Last year, it began to expand into Southeast Asia - the major global natural rubber producing area. The successful M&As there have made SinoChem grow into the top 3 enterprises in China's natural rubber processing industry. And Ma Deyou, among other team members, has done an outstanding job.

SinoChem was invited to participate in the First China International Private Equity Forum, which was also attended by over 100 private equity funds from U.S., Europe and Japan (with a total fund of 50 billion dollars) and representatives from over 1000 enterprises. Hu Deping, deputy head of the United Front Work Department of CPC Central Committee, vice chairman of All-China General Chamber of Industry & Commerce, Dai Xianglong, mayor of Tianjin, Wu Xiaoling, deputy governor of the People's Bank of China, and Gao Xiqing, vice-chairman of the Social Security Fund Council as well as other government officials were present at the forum.