In addition to CMC's investment activities in the U.S., the Cha Group has diversified operations throughout the world. The Cha Group has been a pioneer and global participant in the textile industry for many years, with operations today in China, the U.S., Europe, the U.K., and Africa. The Cha Group also has been an innovative real estate developer and investor, with the internationally recognized Discovery Bay development as the Cha Group's flagship project in Hong Kong. In the San Francisco Bay Area, real estate investments include prime office and multi-family residential properties as well as a working ranch and quarry in Santa Clara County. Today, there are over 15 member companies within the Cha Group, several of which are listed on international stock exchanges. Among the Cha Group entities and affiliates are:

• HKR International ("HKRI") is a publicly listed company in Hong Kong whose core businesses are property development, management, and investment. In addition, HKRI and its subsidiaries are engaged in construction, hotel operation, manufacturing, and dental and healthcare services.
  
  
• Mingly Corporation is a Hong Kong investment holding company engaged in technology and life science investments in China. Mingly Corporation was a founding investor in China International Capital Corporation ("CICC"), which was the first joint venture investment bank in China. CICC is a joint venture between Morgan Stanley and the Construction Bank of China. In addition to these parties and Mingly Corporation, another important founding investor of CICC is the Singapore Government Investment Corporation.
  
  
• Charter Venture Capital ("Charter Ventures") is a pioneering California venture capital firm established in 1982. As an early-stage venture capital firm, Charter Ventures has been successful in developing companies in the communications, software and life sciences industries. In March, 2004 Charter Ventures announced the formation of Charter Life Sciences, L.P. (“Charter Life Sciences”), a life sciences venture capital fund. C.M. Capital was an initial sponsor of Charter Life Sciences with a limited partnership investment of $30 million in committed capital from investors advised by C.M. Capital. Charter Life Sciences will invest in early stage medical device, biotech and specialty pharmaceutical companies, with particular focus on the clinical areas of cancer, cardiology and women’s health. Charter Life Sciences is targeting $100 million in committed capital and is currently planning its next closing. Institutional investors committed to join the next closing include the Tri-State Growth Capital Fund managed by Fort Washington Capital Partners, a private equity fund of funds manager.
  
  
• Mingly Capital Corporation is a California venture capital firm that helps U.S. information technology and life sciences companies establish, expand and fund their presence in the emerging markets of Asia.
  
  
• Focus Ventures, LP ("Focus Ventures") is a California late stage venture capital firm and the Cha Group (along with General Motors) was one of the founding limited partners of its first fund. The Cha Group continues to play a significant role in helping Focus Ventures and their portfolio companies establish productive relationships in Asia. Focus Ventures is the new name for Charter Growth Capital. The new name reflects the firm's strategy: focused venture capital investments in expansion stage technology companies. The firm invests primarily in emerging market leaders in two technology sectors: communications and software.
  
  
• The C.M. Capital Foundation ("Foundation") is a private charitable foundation that improves and enhances the quality of life for the people and communities (especially in the Asian-American communities) of the Greater San Francisco Bay Area of California.