Subject: SOE Fund Conference Call - March 23, 2015 @ 21:30 (BJ) / 09:30 (NY)
From: 王昕 <[email-masked]>
To: "'James Bulger'" <[email-masked]>, "'Devon Archer'" <[email-masked]>
Cc: '"杨鹏(Paul Yang)"' <[email-masked]>, "'Michael Leonard'" <[email-masked]>, <[email-masked]>, "'Jonathan.li'" <[email-masked]>, <[email-masked]>, "'Xiang Bo'" <[email-masked]>, <[email-masked]>
Date: Mon, 23 Mar 2015 09:50:51 +0800

Please use the following access numbers for the conference call scheduled for March 23, 2015 @ 21:30 (BJ) / 09:30 (NY):

China:     400 681 0200 (EN) / 400 681 0210 (CN)

HK:        800968112 (Toll free) / +852-58080466

U.S.:       8776792988 (Toll free) / +12025596536

Participant PIN: 65693231

For your convenience, attached is the latest draft of the pitchbook.

Xin

 

发件人: [email-masked] [mailto:[email-masked]] 代表 James Bulger
发送时间: Saturday, March 21, 2015 9:05 PM
收件人: Devon Archer
抄送: Xin; "杨鹏(Paul Yang)"; Michael Leonard; <[email-masked]>; Jonathan.li; <[email-masked]>; Xiang Bo
主题: Re: Substantial progress on Aleris and next step

Monday morning 9:30am New York time works for me as well

Thanks

Jimmy

On Saturday, March 21, 2015, Devon Archer <[email-masked] <mailto:[email-masked]> > wrote:

And what I mean by yes is that Monday morning works even better. 

Devon D. Archer

646 436 3745

On Mar 20, 2015, at 10:23 PM, Xin <[email-masked] <javascript:_e(%7B%7D,'cvml',[email-masked]');> > wrote:

That works. Can also do your Monday morning 930 (my Monday night). 

Sent from my iPhone

On 2015年3月20日, at 19:39, Devon Archer <[email-masked] <javascript:_e(%7B%7D,'cvml',[email-masked]');> > wrote:

Xin,

We're shooting for Wednesday your morning or evening.  I will be back with details.

Additionally, I would like to schedule a quick call your Monday morning if possible to discuss our follow up from Burnham / BHR SOE Reform Fund Feeder Fund meeting yesterday in New York with Burnham and team.  We need to define next steps there.  Please advise if 9:30am the 23rd (Beijing time) would work.

Very Best,

D

Devon D. Archer

646 436 3745

On Mar 20, 2015, at 5:25 AM, 王昕 <[email-masked] <javascript:_e(%7B%7D,'cvml',[email-masked]');> > wrote:

Devon – subject to your availability, shall we try to schedule a kickoff call with Aleris management for next week?  Next Wednesday or Thursday perhaps?  Jonathan is in HK until Tuesday night.  Thanks much. 

Xin

发件人: Devon Archer [mailto:[email-masked] <javascript:_e(%7B%7D,'cvml',[email-masked]');> ] 
发送时间: Thursday, March 12, 2015 4:27 PM
收件人: 杨鹏(Paul Yang) 
抄送: <[email-masked] <javascript:_e(%7B%7D,'cvml',[email-masked]');> >; Michael Leonard; <[email-masked] <javascript:_e(%7B%7D,'cvml',[email-masked]');> >; Jonathan.li; <[email-masked] <javascript:_e(%7B%7D,'cvml',[email-masked]');> >; <[email-masked] <javascript:_e(%7B%7D,'cvml',[email-masked]');> >; 王昕; Xiang Bo
主题: Re: 答复: Substantial progress on Aleris and next step

Thanks.  I will let you know.

Devon D. Archer

646 436 3745

On Mar 12, 2015, at 10:16 AM, 杨鹏(Paul Yang) <[email-masked] <javascript:_e(%7B%7D,'cvml',[email-masked]');> > wrote:

Dear Devon,

Jonathan, Xin, Bo and me shall be free late next week Wednesday till Friday for the call.  May we first propose Wednesday 9am Beijing time ? 

Best Regards,

Paul 

发件人: Devon Archer [mailto:[email-masked] <javascript:_e(%7B%7D,'cvml',[email-masked]');> ] 
发送时间: 2015年3月12日 12:55
收件人: 杨鹏(Paul Yang) 
抄送: <[email-masked] <javascript:_e(%7B%7D,'cvml',[email-masked]');> >; Michael Leonard; <[email-masked] <javascript:_e(%7B%7D,'cvml',[email-masked]');> >; Jonathan.li; <[email-masked] <javascript:_e(%7B%7D,'cvml',[email-masked]');> >; <[email-masked] <javascript:_e(%7B%7D,'cvml',[email-masked]');> >; 王昕; Xiang Bo
主题: Re: Substantial progress on Aleris and next step

Paul, 

We can arrange a conference call next week.  Oaktree prefers we interact directly with company management, with the CFO as the point person.  Please provide some convenient options timing wise for the call and who will participate from our side.

Thanks.

Devon 

Devon D. Archer

646 436 3745

On Mar 12, 2015, at 6:45 AM, 杨鹏(Paul Yang) <[email-masked] <javascript:_e(%7B%7D,'cvml',[email-masked]');> > wrote:

Dear James, 

As presented in last Board meeting, we have been following up with various potential strategic partners for the Aleris project. With the help of our stakeholder Bank of China, we are in talks with China Zhongwang, and had a very successful 2nd meeting with them today. Zhongwang (http://www.zhongwang.com/en/index.php) is the largest Aluminum extrusion producer in Asia and is very committed to transition the company into a high-end Aluminum rolling producer in the future. Zhongwang is very familiar with Aleris, and shows great interest in acquiring Aleris for the strong strategic fit. 

As next step, Zhongwang would like to understand better how Aleris plans to sell, maybe we can have a conference meeting together with Oaktree? Zhongwang specifically pointed out that, at this stage they prefer its name not to be disclosed to Oaktree, and prefer BHR to be in direct negotiation with Oaktree/Aleris.  

Best, 

Paul 

_____________________________________________________________________________________________________

Paul Yang  

BHR PARTNERS 
Unit 3101, 31/F, Tower 2, China Central Place 
79 Jianguo Road, Chaoyang District
Beijing 100025 ▪ China

Tel. +86 10 5969 5858(818) ▪ Mobile +86 137 1820 6418
 <javascript:_e(%7B%7D,'cvml',[email-masked]');> [email-masked] 
_____________________________________________________________________________________________________

-- 
James J. Bulger
Chairman
Thornton Group LLC
14 Beacon Street, Suite 804A
Boston, MA 02108
Office tel: 617.248.9440