ECGI Holdings Inc (ECGI)

[Potse]

Jiao Xuding...Copower Enterprise.....

I don't think Jiao Xuding currently owns any shares of SUIP. The money involved in that $3M investment was returned, and all of the shares/warrants issued in connection with that investment were cancelled, as per the filing snippet you included in your post.....

As I mentioned in a previous post, that $3M investment demonstrated to me that SUIP's management has some interesting connections (which may or may not prove to be beneficial in the future): 1) SUIP's purchase of that SJEL convertible note was part of a SJEL financing that included some institutional investors and, 2) Jiao Xuding's direct investment in SUIP was something I found somewhat interesting because of who he is and the obvious extensive connections he may have developed over the years.

Jiao Xuding is 41 years old and Chairman/Founder of privately-held Copower Enterprise (he started the company when he was 26 years old).

I think Jiao Xuding is preparing/planning to have his company (Copower Enterprise) listed on one of the Hong Kong exchanges. I recall seeing some Copower job postings in 2011, looking for accounting/governance related people who have experience with Hong Kong listings/IPOs.

The websites for Copower and SCP Oilfield Services (which is the joint venture between Copower and Schlumberger, formed in September 2010).....

http://www.copower.com.hk/gb/index/index.php
http://www.slbcopower.com/