To the Business Editor
For Immediate Release
CITIC Capital Announces Close of Second Japan Buyout Fundand Two New Investments(Tokyo, 10 March 2011) CITIC Capital Partners, the private equity arm of CITIC
Capital Holdings Limited ("CITIC Capital"), today announces the successful closingof its second Japan buyout fund CITIC Capital Japan Partners II, L.P. (“CCJP II”) andthe closing of two new investments, Higashiyama Film Co. Ltd. and Tri-Wall K.K.
CCJP II has secured total capital commitments of over JPY18 billion. Similar to its
predecessor fund, CCJP II targets buyouts of middle-market Japanese companies,
particularly those with substantial operations or growth potential in China.
Mr. Yichen ZHANG, Chief Executive Officer of CITIC Capital, stated: "We aredelighted by the strong support we have received from both existing and newinvestors. We believe their support is a validation of the tremendous investment
opportunity which exists to assist outstanding Japanese companies in theirinternational expansion, particularly to China. We look forward to continuing tobuild our Japan franchise and to delivering strong China value-added to our firsttwo investments in this new fund.”
Mr. Hironobu NAKANO, head of CITIC Capital Partners’ Japan operations, said:“Over the past seven years we have gained unique experience in helping Japanesecompanies to successfully expand to China. Our team, based primarily in Tokyoand Shanghai, looks forward to finding a new set of opportunities to help Japanesecompanies maximize their potential through international expansion.”
CCJP II has recently purchased a 63.12% equity interest in the JASDAQ-listed
Higashiyama Film Co. Ltd. Founded in 1949 and headquartered in Nagoya,Higashiyama Film is a market leader in the design and production of coated films
for use in applications such as touch panel, mobile phones, PDAs and home
appliances. The company has two subsidiaries in Shanghai and over 40% of its
revenue is generated from the China market.
CCJP II has also recently purchased a majority stake in Tri-Wall K.K. Founded in1974 and headquartered in Tokyo, Tri-Wall K.K. is a leading provider of heavy-duty
corrugated fiberboard packaging in China, Japan and Southeast Asia with over 1,000
employees across the region. As part of the global “Tri-Wall” network, the companymanufactures and markets proprietary triple-wall and double-wall corrugatedfiberboard used in heavy-duty packaging, conventional corrugated sheet products aswell as ancillary packaging products. The company has substantial operations inChina, from which it generates 50% of its revenue.
28/F, CITIC Tower, 1 Tim Mei Avenue, Central, Hong Kong
香 港 中 環 添 美 道 1 號 中 信 大 廈 28 樓Tel 電 話: +852 3170 6888 ︱ Fax 傳 真: +852 2523 8312
www.citiccapital.com ︱ info@citiccapital.com

Both Higashiyama Film and Tri-Wall K.K. plan to achieve further expansion andgrowth in China and other Asian countries.
About CITIC Capital Holdings Limited
Founded in 2002, CITIC Capital Holdings Limited is an alternative investment
management and advisory firm. The firm manages over USD3.3 billion of capitalfrom a diverse group of international and Chinese investors. Its core businesses
include Private Equity, Real Estate, Structured Investment & Finance and AssetManagement. CITIC Capital currently employs over 170 staff members across its
offices in Hong Kong, Shanghai, Beijing, Tokyo and New York.
CITIC Capital is owned by China Investment Corporation (CIC), China’s sovereign
wealth fund, CITIC International Financial Holdings Limited (CIFH) and CITIC
Pacific Limited. Both CIFH and CITIC Pacific are part of CITIC Group, the largest
and most comprehensive conglomerate in China.
- End For media enquiries, please kindly contact:
Cindy TAM
Director
Corporate Relations
CITIC Capital Holdings Limited
Tel: +852 3710 6813
Fax: +852 2169 3636
Email: cindytam@citiccapital.com

28/F, CITIC Tower, 1 Tim Mei Avenue, Central, Hong Kong
香 港 中 環 添 美 道 1 號 中 信 大 廈 28 樓
Tel 電 話: +852 3170 6888 ︱ Fax 傳 真: +852 2523 8312
www.citiccapital.com ︱ info@citiccapital.com