China Private Equity Investment Holdings Limited (CPE) is a holding company. CPE invests in unlisted assets in the areas of telecommunications, media, and technology (TMT), as well as financial services or listed assets driven by corporate events, such as mergers and acquisitions, pre-Initial Public Offer (IPO), or re-structuring of state-owned assets. As of December 31, 2009, the Company derives its revenue from Fortel Technology Holdings Limited (Fortel), which is engaged in debt investment in several companies and quoted investments. The Company�s wholly owned subsidiaries include CPE TMT Holdings Limited, which is engaged in investment for TMT deals and China Private Equity Investment Group Limited, which is engaged in financial investments in Hong Kong. In May 2013, CPE Growth Capital Ltd a unit of China Private Equity Investment Holdings Ltd acquired a 13.089% stake in Asia Bioenergy Technologies Bhd.