AGF and Xinwei telecom enterprise form joint venture company - Visionmax Fund Management USA with an initial fund of $500 million.

AGF Chairman and Xinwei Telecom Enterprise, chairman Mr. Wang Jing form joint venture company -- Visionmax Fund Management USA with an initial fund of $500 million to invest in Xinwei telecom international projects. The fund is forecasted to grow to $1 billion by 2015 year-end.