On April 16, 2012, five individuals—including Mr. Oliver, Chairman of Mengdu Mineral Company; Dr. Coristine, CEO of Mengdu Mineral Company; Dr. Paul Mo, Vice President of Mengdu’s Far East Region; and Manager Jia Xiuzhuang from Dalian Haichen Chemical—visited the Talc Mining Co., Ltd. in Pingdu City, Shandong Province.

Mengdu Mineral Company has an annual production capacity of 650,000 tons and generates sales revenue of 135 million euros. It employs 240 people. In 2007, the company was acquired 100% by U.S.-based Aegis Corporation; in 2011, it was fully taken over by Advent International, the world’s second-largest private equity firm. Mr. Oliver is one of the shareholders of this fund. On this visit to China, he is seeking investment and partnership opportunities.

Yu Zhongzhang, Chairman of Pingdu City Talc Mining Company, had a warm and friendly conversation with his guests and accompanied them on a tour of the powder processing plant, Shandong Limin Cement Co., Ltd., and Qingdao Dongfeng Automobile Modification Co., Ltd.