[JOINT FILING AGREEMENT Dated: October 31, 2015 ChinaEquity USD Fortune Co., Ltd. ChinaEquity USD Fund I L.P. ChinaEquity USD Investment GP L.P. ChinaEquity USD Investment Management Co. ChinaEquity Global Holding Co., Ltd. Chaoyong Wang Xu Wang] [July 21, 2015 Company The Board of Directors Dear Sirs and Madams: CNshangquan Leading Capital Consortium Members Transaction We, CNshangquan Limited (“ We believe our proposal provides a very attractive opportunity to the Company’s shareholders. Our proposal represents a premium of approximately 17.6% to the Company’s closing price on July 20, 2015. We are confident that the Transaction can be] [AMENDED AND RESTATED CONSORTIUM AGREEMENT Agreement CNshangquan Leading Capital ChinaEquity Party Parties THIS AMENDED AND RESTATED CONSORTIUM AGREEMENT is made on October 26, 2015 (the “ Original Consortium Agreement Proposal Target Board Target Transaction Exchange Act WHEREAS, on July 21, 2015, CNshangquan and Leading Capital have entered into a Consortium Agreement (the “ WHEREAS, ChinaEquity intended to participate in the] [ChinaEquity USD Fortune Co., Ltd. 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) ¨ (b) ¨ 3. SEC Use Only 4. Source of Funds (See Instructions) OO 5. ¨ Number of 6. Citizenship or Place of Organization British Virgin Islands Beneficially Owned by 7. Sole Voting Power Reporting 8. Shared Voting Power 1 36,464,575]