Q4 2010 HIGHLIGHTS

One Partnership commitment was made, Jiuding China

Grown, LP
Four companies were added to the portfolio
Total Commitments to the underlying Partnership and co- $11,000,000
investment
Total Funded to the underlying partnership and co- $2,050,742
investment

FUND UPDATES 31-Dec-10

Total Commitments $18,100,000
Total Paid in $2,172,000
NAV - JCVP II $1,790,065

Committed $11,000,000
Total Funded $2,050,742
Net Funded $2,050,742
NAV - Underlying Investments $2,050,742

Distribution - To Limited Partners $0

Active Partnership 1
Active Companies 4
Exited Companies 0
Active Co-investments 0

NOTES
1. New Commitments
New US $11,000,000 commitment was made to Jiuding China
Growth Fund, LP.

2. Company Exits
No exits were made in Q4

3. Company Valuation Adjustments

No valuation adjustments were made to companies in Q4

NEW COMPANIES (UNDERLYING COMPANIES OF JIUDING

CHINA GROWTH FUND, LP)
COMPANY PARTNERSHIP
Flag Chemical Jiuding China Growth Fund LP

Huadong Cranes Jiuding China Growth Fund LP

Liuzhou Pharma Jiuding China Growth Fund LP

S&M Credit Jiuding China Growth Fund LP

FUND PORTFOLIO OVERVIEW

UNDERLYING INVESTMENT TYPE
Jiuding China Growth Fund LP Primary
STAGE INDUSTRY LOCATION
Large Growth Agriculture Jiangsu
(Expansion)
Large Growth Manufacturing Jiangsu
(Expansion)
Large Growth Life Science Guangxi
(Expansion)
Large Growth Financial Services Sichuan
(Expansion)

COMMTMENT TOTAL FUNDED % CALLED

$11,000,000 $2,050,742 18.64%
CUMULATIVE DISTRIBUTIONS NAV
0 $2,050,742
 JADE CHINA VALUE PARTNERS II L.P
STATEMENT OF FINANCIAL POSITION
(All amounts in USD unless otherwise stated)
ASSETS NOTE
Non-Current Assets
Financial assets a fair value through profit or loss 5

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD

FROM 21 OCTOBER 2010 (Date of Formation) to 31
DECEMBER 2010
31-Dec-10

$2,050,742