Summit Network Group (www.sng-online.com) has been successful in raising $15 million on behalf of its China associate member SNG 108001 ASIA for his financial services firm from the Summit Private Equity Fund of Global Association of Billionaires and Millionaires (www.gabm-pinc.com). Summit Network Group (SNG) constitutes a robust international corporate network association, specializing in the negotiation and facilitation of international venture capital funding, and industry specific corporate advisory services as well as viable business and project opportunities, on behalf of its associate members, through its extensive global intellectual infrastructure.

The Summit Private Equity Fund is a registered venture capital fund with International Business Finance Corporation (www.ibfc-online.com).

Callister International (www.callisterinternational.com) has been the corporate advisory consultants on the transaction, responsible for advising the parties on all industry, legal and tax as well as financial related matters.