1. Sino French Innovation plateforme IUIA - GTE Presentation March 2016

2. Part 1 China and innovation Sino French Innovation plateforme IUIA - GTE

3. GTE & Christian Bret (all rights reserved) China as a New Innovation Powerhouse ?

4. GTE & Christian Bret (all rights reserved) Impressive Capability

5. Still Underused GTE & Christian Bret (all rights reserved)

6. Incubators in China-development and status In 2010, there were only 896 technical incubators in China, which incubated 56,382 start- ups. The total site area of these incubators is more than 30 million square meters in Chinese mainland. After four years rapid development, in 2014, the quantitative of technical incubators surged to around 1,600 and these incubators assisted more than 80,000 start-ups grew up. The total site area of these incubators is more than 65 million square meters in Chinese mainland.

7. Incubators in China - a state controlled mechanical The rapid development of incubators in China is mainly attribute to the guidance of Chinese government and favorable policies. Chinese government advocated to build an innovation-oriented country in 2006, launched China’s “National Medium- and Long-Term Plan for the Development of Science and Technology (2006-2020) ” (MLP), which focusing on the philosophy of “indigenous innovation”. Sep-2014Prime Minister Li Keqiang delivered a speech on Davos Forum. Jan-2015Prime Minister Li Keqiang promoted the concept of "Maker" when he visit Shenzhen. Mar-2015Directive from the State Council on innovation participative, entrepreneurship and mass innovation. May-2015Prime Minister Li Keqiang visited Z-Innoway in Zhong GuanCun where located 600 start-ups and valued around RMB 1.7 billion) Jun-2015State Council published a guide (Entrepreneurship and Mass Innovation) with 96 directions for stimulation.

8. Rationales- Growth & Power To sustain growth in China’s innovation is imperative As two sources of growth - labor force expansion and heavy capital investment fade, innovation will need to contribute up to half of GDP growth by 2025, or $3 trillion to $5 trillion in value per year. Opportunities to create value of $1 trillion to $2.2 trillion per year in 2025 through innovations to expand and raise the productivity of the service sector and further improve manufacturing efficiency through digitization. (MGI China) The extent to which China is an innovative economy is the topic of an on-going debate in scholarly and practitioner circles. To become the world innovation leader (Soft Power) From made in China to copied and innovated in China to created and invented in China. Conscience of the delays accumulated by China in its scientific development, Desire of the universities to weave international relations and to improve their level, Will to attract in China cutting-edge projects as well as scientists and entrepreneurs.

9. Rationales - sociology & hi-tech change Sociological changes Chinese language seen for centuries as a burden to development proves its efficiency, China is already a very advanced country in terms of digitalization. The innovative - collaborative sectors fit perfectly with the traditional networking way. Lack of attractiveness of the large traditional companies for young and creative spirits, Techies don’t want jobs at Apple or Google—they want to build the next Apple or Google. Young’s aspiration toward working in a multi-cultural environment (specially the haigui). Hi-Tech Rush and E-commerce Surge The success of large copycat firms (the big dragons) paved the way for “little dragons” Creative, upstart Web 2.0 firms emerged in the late ’00s. E-commerce has known an unprecedented surge in China with more than 500 millions users. Peer to peer – collaborative economy, … open opportunities for innovation in services.

10. To Understand the Challenges Political direction: Numerical economy, industry 4.0, Made in China 2025, Route of Silk, the Chinese Dream…. A State control Large Chinese companies: In need of external creativity but capacity to finance, integrate, test and develop with speed, flexibility and in mass, new innovating concepts. Chinese investors: lower profitability of the traditional tools (real estate, stock market), strong incentive to finance the innovating systems and to go global. Universities and research centers: installation of means and impressive structures to support the innovation. To find creativity on the globalized academic world through large structuring programs, cooperation and creation of Campus abroad. Startups, incubators, accelerators, innovation parks, makers, etc… Premier on a world but still often in closed vase. Initiatives gathering investors, universities, companies, municipalities in order to attract international innovation.

11. Part 2 Who are we? Sino French Innovation plateforme IUIA - GTE

12. Under the witness of China-UK/China-France leaders, IUIA starts cooperation with universities and entrepreneurs from both countries Supports China Investment Promotion Agency of Ministry of Commerce Torch High Technology Industry Development Center of MOST Science and Technology Development Center of Ministry of Education Administrative Committees of the Zhongguancun Science Park Beijing Financial Assets Exchange Property A non-government organization initiated by Shenzhen BGI and other companies, will collaborate with leading universities and business incubators in Europe and North America. Vision To improve worldwide health, environmental protection and civilization through sustainable development via an entrepreneurship and innovation platform for global students and entrepreneurs. Model IUIA, in cooperation with top universities, incubators and national high-tech parks, will promote investment and cooperation using the model of “Online to Offline” (“O2O”) overseas incubators and domestic accelerators to accelerate the commercialization of research and innovative technologies through entrepreneurship. Under the witness of President Xi Jinping and Premier Li Keqiang, IUIA signed MOU with various partners Chinese Premier Li Keqiang and French Premier Manuell Valls witnessed the signing of the China-France Innovation and Entre of the China-France Innovation and Entrepreneurship Incubator IUIA Leader of Global Innovation Cooperation

13. IUIA – Team of Mentors HEAD OF TEAM- WANG JIAN Founder & Chairman of BGI Dean Emeritus of BGI Research “The most influential researcher in 2014” by Thomson Reuters WANG SHI Founder& Chairman of China WANKE Group GAO XIQING Former general manager of China Investment Corporatio n Law school professor of Tsinghua University XU XIAOPING Fonder of Zhen Fund Co- founder of New Oriental Education & Technolog y Group WANG LIFEN Founder & CEO of Umiwi General producer of “Half- Hour Economy” Famous TV shows creator LI WEI Founder of Green Pine Capital Partners Director- General of Green Pine Care Fund WANG CHAOYANG Founder & Chairman of China Equity Group Chairman of BVI which listed on the London stock exchange TAO NING CEO & Partner of Innovation Works

14. 14 Operation structure Incubator Sector Establish a global professional incubator network Focus on specific scientific segments Early stage investment+ Accurate incubation+ Industry acceleration IUIA (Beijing) Investment Management Co., Ltd. Investment Sector Capital operation (GP/LP) Mid-to-late investment on technology project Introduction & localization foreign technologies in China LZBJ Culture & Education Sector Silk Road Culture & Education Special Fund IUIA Innovational Talents Plan Sino-British Cultural Creative Industry Park International Universities Innovation Alliance (NGO) NC Science & Technology Incubator Ltd.

15. 15 Beijing NC Science & Technology Incubator Ltd. Shareholder BGI The Place Group Meilin Group Weidong Group (recent acquisition of DEMOS by Weidong Group) Supports China Investment Promotion Agency of Ministry of Commerce Torch High Technology Industry Development Center of MOST Science and Technology Development Center of Ministry of Education Administrative Committees of the Zhongguancun Science Park Beijing Financial Assets Exchange

16. Beijing NC Science & Technology Incubator Ltd.- Core team SUN WANSONG Executive Chairman & Secretary General, IUIA Chairman, NC Incubator YAN ZHENJUN Executive Chairman, IUIA CEO, NC Incubator ZHANG PEIHE Investment director, IUIA Assistant of the Dean of BGI College Postdoctoral of Management, Tsinghua University Used to be Vice Director of China Investment Promotion Agency of Ministry of Commerce, Rich management experience in investment and government investment policies Postdoctoral of Political Science, Doctor of Philosophy Visiting scholar at Babson College First Doctor in China specialized in incubator Held several important posts inside Beijing Municipality Rich experience in innovation & incubation field President of Beijing Heng yuan heyday investment co., LTD Vice Secretary General of Tsinghua University Investment Association Standing director of Silicon Valley - China Wireless Rich management experience in technology promotion, product marketing and strategic planning and business development

17. Beijing NC Science & Technology Incubator Ltd.- Core team CAO YEJUN Assistant to Executive Chairman, IUIA MPA from ENA France Used to work for APEC, EU, etc. Rich experiences with NGO management, major project management, government relationship, international corporation and investment management SUN MOHAN Deputy Secretary-general, IUIA Assistant to CEO, NC Incubator Master on Enterprises Strategy Management, Lyon University Used to work in governmental institutions, professional associations, consulting company Participated or responded enterprise establishing and map design for many science park Master degree of Beijing University of Chemical Used to work at Public Service Platform for small & medium enterprises of Beijing Experienced on service offer and incubation Participated policies researching and making of service system for small & medium enterprises Master of engineering,University of Science and Technology Beijing Used to work in the Science park of University of Science and Technology Beijing, mainly responsible for commercialization and extension of research findings Co-founder of Beijing Fertile Soil century Technology co., Ltd. Rich experienced on project application, policy consulting, start-up incubation, familiar with technology policies of Beijing Executive secretary of IUIA Used to be senior manager of Q Ventures investment fund, vice chairman of Oxford entrepreneurs association, investment consultant for Investment promotion bureau of Hangzhou Member of NASA research center innovation team, and get the second place in International Space settlement Design Competition Assistant of Secretary General of IUIA Six years project management and consulting experience, used to work in three Fortune- 500 companies Own Project management Professional certification ZHANG PINSHU Director, incubator operation, NC SU SHENGNAN CEO, physical and chemical incubator, NC AGILICA V ANTON CEO, London incubator ZHAO YUE CEO, Qingdao incubator, NC

18. Provider of global science & technology entrepreneurship incubation platform BUSINESS MODEL Profit from consultancy, training, technology transfer etc. Profit from share rights Profit from services MISSION Searching for young innovative entrepreneurs Facilitating the globalization and localization of S&T innovation and entrepreneurship Building up a global innovative ecosystem Cultivating Scientific Industries BUSINESS OBJECTIVES Valuable early-stage S & T projects; search ＋ investment ＋ incubation S & T Incubation Platform Outsourcing of Enterprise R&D Upgrade of industrial park Beijing NC Science & Technology Incubator Ltd. - Development Orientation

19. Beijing NC Science & Technology Incubator Ltd. - Current progress IncubatorsFundService suppliersInstitutes (a part) Functional polymer materials incubator (Beijing) IUIA Capital Science & Industry Incubator (Beijing) IUIA International University Maker Space (Beijing) Qingdao West Coast New District Incubator (Qingdao) China Launchpad (London) Beijing Government Industrial Found with S&T Dept. (capital: RMB 100Mn) Beijing Government Industrial Found with S&T Dept. of Beijing (capital: RMB 100Mn) Beijing Zhongguancun SCI-tech Financing Guaranty Co., Ltd. Beijing Equity Trading Center Zhongguancun International Incubator Dongcai Accounting Firm Local government Management Committee of Zhongguancun, Qingdao west coast new area, Wuxi high-tech industrial zone, Dalian high-tech industrial zone, InvestHK, Ministry of Science and Technology of China, Haidian District Government of Beijing, Beijing Scientific Committee Chinese Academy of Sciences Technical Institute of Physics and Chemistry of CAS, Institute of microbiology of CAS, Institute of Process engineering of CAS, Institute of Computing Technology of CAS, Institute of High Energy Physics of CAS, Beijing National Technology Transfer Center of CAS Universities Tsinghua University, Peking University, National University of Defense Technology, University of Science &Technology Beijing, Beijing Normal University, Beijing Institute Of Fashion Technology, University of Macau, Macau University of Science and Technology, Central University of Finance and Economics, Shandong University, Qingdao University France NUMA Accelerator, The Family Incubator, ENPC, Neoma; Germany Steinbeis Technology Transfer Fund/ Steinbeis University Berlin, Helmholtz Gemeinschaft; USA MIT, George Washington University, Boston Angel Fund, Houston Science & Technology Center, Duke University, etc.; UK Churchill College of University of Cambridge, Oxford Entrepreneurs, Imperial College London, Medical Research Council technology, Level 39 accelerator; Canada Toronto University, Ontario Optimization Center ; Japan Weseda University

20. Beijing NC Science & Technology Incubator Ltd. - Current incubator layout

21. Founders A platform of resources for a micro-segment – the Functional polymer materials Development Orientation 8 projects under incubation Team of 3 members + 400m2 incubation space at the north 4 th ring of Beijing (near to research institutes) Team & facilities Application material of graphene (TIPC, CAS) Nano cellulose (TIPC, CAS) Water treatment adsorption material (TIPC, CAS) Reflection thermal insulation material (TIPC, CAS) Formaldehyde free glue for fiber board (TIPC, CAS) High performance PES composite material (TIPC, CAS) Paper-based micro-nano electronics tags (TIPC, CAS) Special engineering resins PBI (Institute of Chemistry, Beijing Aerospace University) Beijing NC Science & Technology Incubator Ltd. - Functional polymer materials incubator (Beijing)

22. Beijing NC Incubator Canary Wharf Group Level 39 Accelerator Started up by A platform for investment and cooperation on S&T innovation between China and UK Development Orientation Import and incubation of oversea top projects 。 Sharing of the working space Projects investment Main functions Space operation; Value added service by globalization and localization Profit from Churchill College of Cambridge 、 Entrepreneurs Association of Oxford 、 Imperial College London 、 MRCT 、 Level 39 etc. In cooperate with Beijing NC Science & Technology Incubator Ltd. - China Launchpad (London) Searching for the international top S&T projects ＋ Global platform

23. Beijing NC Science & Technology Incubator Ltd. - China Launchpad Accelerator Programme Missions of the project Be a strong power Be a bond Be a talent scout Be a motor Be a pioneer To develop a new mode of accelerator for innovation enterprises to achieve a cycle of investment and gains To build a bridge for science and technology communication and set up a big data platform using for resources and achievements share To build a customized production mode for innovation startups’ acceleration to help them grow up rapidly. To inject fresh blood to Chinese science and technological innovation market and make it globalization and localization

24. Beijing NC Science & Technology Incubator Ltd. - China Launchpad Accelerator Programme Operation flowchart First stage Acceleration startup Project and related person back to parent company Obtain maximum investment income Y Target projects’ searching Project selection Whethe r or not eligible? Archive 1 Contract negotiation Y Proposal rejection memorandum N N Y Y Y Y N N N Y N N Contract Archive 2 Whether or not sign contract? Information feedback  Office preparation  Local mentor searching  Local law support (in China) preparation  Potential Investors and markets searching  Life service preparation  …  Remote guidance from Chinese mentor(s)  Language support from project contact person  Chinese mentor guidance on-site Invitation letters for visa application Visa processing Acceleratio n failure Contact with local governments Contact with colleges and universities, scientific research institutions Contact with venture capital and non- governmental organizations Contact with third-party enterprises Whether or not they could provide related funds or good policies? Whether or not they could provide technical support or achievement transformation? Whether or not they could provide service or market resource? Whether or not they could provide funds? Company registration support Acceleration succeed Failure projects memorandum Archive 3 Archive 4 Subsidiary open and start business Subsidiary established  Site selection for the subsidiary  Human resource service  Other miscellaneous preparation Whether or not we add capital investment to hold more shares? Subsidiary cancellation Forecas t future profit Profit forecast report Target list Final list Move to Beijing accelerator Inject additiona l capital  Necessity information needs form  Acceleration plan in UK Relative visa and legal document Note:In charged by both teams In charged by UK team In charged by BEIJING team

25. Jointly funded by IUIA & West Coast new District of Qingdao, construction area 5 000m2, operated by Natural Creative Qingdao team Basic information Undertake industrialization of worldwide cutting-edge technologies Regional internationalization, industry upgrading, innovative development motor Development Orientation Marine Biomass Materials Incubator New Energy Industry Incubator Sino-French Incubator Core functions West Coast New District Government of Qingdao, China University of Petroleum, Ocean University of China, Qingdao University, etc. Supports Space operation + incubation services International & local added value services Business model Beijing NC Science & Technology Incubator Ltd. - Qingdao West Coast New District Incubator

26. Jointly created by Natural Creative, Houston HTC Incubator and Vesalius Venture, managed by local people Basic information Identification, incubation and investment of top technologies of the American mobile health care field Internationalization & localization platform of M-health Development Orientation Direct contact with overseas innovation source: Houston HTC Incubator + technology enterprises Localization + industrialization: domestic open labs + industry institutes + incubation services Commercialization: leading companies + suppliers + producers + channels Investors: US Vesalius Ventures ＋ Chinese Seed Fund on M-health Core functions Value-added equity premium Added value of international technology transfer Business model Houston HTC Incubator 、 Vesalius Ventures Supports Beijing NC Science & Technology Incubator Ltd. - Houston Mobile Health Care Incubator (coming)

27. Beijing NC Science & Technology Incubator Ltd. - Global strategic layout To be the most valuable incubation group for the technology industry all over the world U.S.: Washington, Boston, San Francisco, Huston, Denver Canada: Toronto. North America Cuba Argentina Brazil U.K.: London, Manchester France: Paris, Lyon, Marseilles, Reims, Rouen Germany: Berlin Finland Spain Portugal Russia South Africa China: Beijing, Shanghai, Tianjin, Qingdao, Dalian, Chongqing, Shenzhen, Hong Kong, Macau, Taiwan Japan Korea Israel Australia New Zealand 2016 30 2018 100 2017 60 2015 5 To establish and invest 100 professional incubators all over the world in future three years South America Africa EuropeAsia Australia

28. 1000+global S&T Incubation Platform Optimize resource allocation by share rights cooperation, resource docking etc. Platform for resource sharing Realize cross fields integration of technology innovation of different subdivision fields Platform for innovative cooperation Incubators with resource sharing relationship 600+Resource sharing Incubators with share rights 300+In cooperation closely Core of global incubation 100+Self-built incubators Beijing NC Science & Technology Incubator Ltd. - Long-term target

29. Frédéric Beraha French citizen – PhD In Mathematics and Agrégé. Airbus Group representative in China (1988 – 1995) Deputy VP in France in charge of Strategy Airbus Helicopter Scientific and Cultural Councilor – French Embassy in Beijing (2002- 2007) Founder and Chairman of GTE company, incorporated in HK (2007 to now) Director of CCIParis Consulting (HEC Executive Education) in China (2009 – 2011) Independent Director, member of the board of Supor (SEB Group), Strategic Board Council of ADEO Group in China, Councilor or the French Ministry of Foreign Trade (CCEF). GONG Li Chinese citizen – Master in Cultural Project Management Several exhibition projects in Paris, Beijing, Shanghai, Hongkong (2003 -2005) Freelance French/Chinese Interpreter translator in Paris (2005 – 2006) Marketing Manager, Alstom Transport China (2006 – 2010) Commercial Development Manager – Public Affairs, Alstom (2010 – 2015) Partner, GTE company (2016 to now) Partners GTE : Raphaël Goué, Michel Vidal, Philippe Cochard, Christian Bret … Global Talent Enterprises - Innovation

30. GTE (Global Talent Enterprises co. ltd.) GTE China is a consulting and services company, with French capital, established in China since nearly ten years ago - registered office in Beijing. Its mission is to help companies or primarily French institutions, offering creative and innovating products or services, to develop their business in China. For this reason, GTE China, its selected partners and team commit themselves offering an economic and tested operational “portage” solution adapted to the needs and ambitions of these customers: complete “portage” (representation) or partial (consulting, operational assistance,…), for market studies and access, choice of distribution networks, identification of partners, contribution to negotiations, coaching, establishment of subsidiaries, cooperative agreement, M&A, … Global Talent Enterprises – “Portage” Solutions

31. The aims of GTE’s Learning Expedition are: To be in contact with a largely still unknown history, philosophy and culture Learn how international business challenges are assessed from a Chinese perspective. Learn how a multinational company’s world strategy is affected by China. Come into contact with business methods and customs in China. Gain knowledge and expertise from local business representatives. A learning expedition in China will provide you with: A framework for understanding Chinese culture and the business mindset. A general introduction to the key drivers that motivate Chinese executives, buyers and customers. An introduction on how the Chinese system performs and why it remains efficient as well as vulnerable. A discovery of the challenges facing your company as China goes global. The specific features of doing business in China. Through a balance of structured input and discussions, guest speeches, seminars and company visits, your company’s Learning Expedition will bring you invaluable knowledge to further your venture into China. Re: ADEO, Air France, MACSF, Safran, Chanel, Saint Michel, Bouygues, Carrefour, HEC, Van Cleef & Arples, Alcatel SN GTE organize conferences and thematic or strategic seminars on China. References: Areva, Thales, Renault, CCIP, Skema, HEC, Medef, Insead, ENA, Deauville, Ubifrance, …. Global Talent Enterprises – Learning Expedition

32. Part 3 Service Sino French Innovation plateforme IUIA - GTE

33. IUIA and GTE decided to forge a durable partnership in order to share their expertise and their capacity to carry out the ambitions of the IUIA on France and to reinforce the bonds between the French innovation ecosystem and the Chinese actors. Contribution of the IUIA: Its network of Chinese official relation: MOST, MOFCOM, MEN, Provinces Its scientific and academic partniers: BGI, Tsinghua,…. Its own structures of incubation in China: 5000 m ² in Beijing, 3000 m ² in Qingdao, but also in Shanghai, Shenzhen, Nankin, Macao, HongKong,…. Its partnerships: Park of zhong guan Cun, very many Chinese universities. its financial partners and investment funds Chinese His model of development in other countries: The U.K. (Cambridge, Imperial College), the USA (MIT, Duke.), Israel, Germany, Poland,..... Why this cooperation IUIA – GTE ?

34. Contribution of GTE: 10 years at the service of the Sino French cooperation Its network of relation in France: companies, universities, public authority, banks,… Its political knowledge of China, its business culture and its economy. Its knowledge of the Chinese university system and its ecosystem of innovation. Its expertise in structuring companies in China and in the “portage”. Its expertise in consulting and strategy elaboration with respect to the Chinese actors. Its expertise of the Sino French cooperation and risk assessment. Its bicultural team and more than 30 years experience in China for its leader. Its expertise in industrial cooperation and M&A between France and China Its thematic partnership : Agrobusiness, Banks, Aeronautics, Luxury, Culture, …. Why this cooperation IUIA – GTE ?

35. Why ? A priority task to understand the changes at stake in China. Innovation is by definition Global must involved all the level of decision and everywhere.. Reinforce links with Chinese Universities, State administration or structures, Companies …. Promote French creativity, MNC and Funds management, industrial & technology knowledge Find development capabilities, market and financial resources for sponsored projects. Mentor the French innovative companies (suppliers …) to find the right partners in China. Control and keep IPO inside the company. Services Learning expedition for Corporate and innovation managers in China to discover its IE. Elaboration of an innovation strategy toward China and links with the most important actors. Assist Corporate university in China: elaborate training programs on innovation. Create Open innovation platforms in China Help mentored startups in China: industrial development, finance, partners, market channel … Selection of projects, Innovation funds, mentorship, market access, development, … Investment and M&A in China or in France with China funds. For French MNCs and Equity Funds

36. Why ? French has astonishing non really exploited creativity capabilities. China has a very advanced system of innovation strongly state backed. If an innovation is not global it can’t stand the LT competition of US big players. China is beside US the most important source of industry, funds, partners, market... Some of the startups have a real vocation to conquer China and expend there. Cooperation with China in innovation offered secure possibilities if rightly managed. Services Exchanges between incubators and discovery missions in China and in France. Selection among projects of those who have interest in developing activities in China. Provide training and assistance on the Chinese business specificities and culture. Help to find the right partner in China : Industry, finance, market channel, … Provide local assistance for operations: visas, low cost portage, legal, interpretation.. Advices on IPO protection and patent registration in China. For the French Ecosystem of Innovation

37. Why ? Sponsored incubators or open innovation platforms have to be global and can’t ignore China. Favor exchange of students, practice and internship on innovation. Learn from the Chinese innovation system and be inspired. Need to develop global programs on entrepreneurship, branding, innovation, …. Services Organization of discovery missions in China for young entrepreneurs. Exchanges between related institutions and build cooperation programs. Selection of projects to be jointly supported by Chinese and French partners. Provide low cost incubation space to support innovation in both countries. Joint training programs for Chinese and French young entrepreneurs. Provide local assistance: visas, low cost portage, legal, interpretation.. For the French High Education system and R&D institutions

38. Why ? To find strong industrial capacities, finance support, market access, partners, … To benchmark his project with related Chinese innovations and be inspired. To find a strong alternative to the US ecosystem and to become global. To benefit from strong Chinese government incentives to attract top projects. Services Organization of industrial and commercial missions in China. Provide low cost incubation space in Chinese incubators related to the project. Provide coaching on China development and identify resources. Local assistance: legal, administration, interpretation, resources, patent & IPO, … Advices on cooperation process with Chinese partners: agreement, JV, M&A, … For innovation projects and enterprises