EMAIL DETAILS

Eric D. Schwerin
eschwerin@rosemontseneca.com

Sent from my iPhone

Begin forwarded message:

*From:* 王昕 <xin.wang@bhrpe.com>
*Date:* July 1, 2016 at 1:17:09 AM EDT
*To:* "'Mesires, George R.'" <George.Mesires@FaegreBD.com
<George.Mesires@faegrebd.com>>, "'Matthew L. Schwartz'" <
mlschwartz@BSFLLP.com <mlschwartz@bsfllp.com>>, "'Michael Leonard'" <
mleonard@thorntonai.com>, "'James Bulger'" <jbulger@thorntonai.com>, "'Eric
Schwerin'" <eschwerin@rosemontseneca.com>
*Cc:* "'Jonathan Li'" <jonathan.li@bhrpe.com>, <jason.zhu@bhrpe.com>, "'YU,
Felix'" <felix.yu@bhrpe.com>
*Subject:* *答复: BHR Directorship Issues*

Dear Matthew,


I understand from Devon that he has given instructions for Boies to effect
his resignation from BHR’s board and the amendment of his shareholding
entity from the existing Rosemont Seneca Bohai LLC to Ulysses. As
previously discussed on multiple occasions, please let us know what you
need from our end to resolve these issues at the earliest. We have been
fending inquiries regarding RSB and Devon’s involvement in ongoing SEC and
Justice Department investigations and we urgently need to remove Devon for
the time being from our director roster to avoid interruptions to BHR
businesses.


Thanks.


Xin


Xin Wang 王昕

Bohai Harvest RST (Shanghai) Equity Investment Fund Management Co., Ltd.

渤海华美（上海）股权投资基金管理有限公司

Tel: +86 (10) 5969 5858 ext 816

Cel: +86 139 1162 0708

xin.wang@bhrpe.com


*发件人:* 王昕 [mailto:xin.wang@bhrpe.com <xin.wang@bhrpe.com>]
*发送时间:* Tuesday, June 14, 2016 10:46 AM
*收件人:* 'Mesires, George R.' <George.Mesires@FaegreBD.com
<George.Mesires@faegrebd.com>>; 'Matthew L. Schwartz' <mlschwartz@BSFLLP.com
<mlschwartz@bsfllp.com>>; 'Michael Leonard' <mleonard@thorntonai.com>;
'James Bulger' <jbulger@thorntonai.com>; 'Eric Schwerin' <
eschwerin@rosemontseneca.com>
*抄送:* 'Jonathan Li' <jonathan.li@bhrpe.com>; 'jason.zhu@bhrpe.com' <
jason.zhu@bhrpe.com>; 'YU, Felix' <felix.yu@bhrpe.com>
*主题:* 答复: BHR Directorship Issues


Dear Matthew and George,


I trust you have had a chance to speak to your respective clients since my
last email and I am wondering if any updates are available on the matters
raised therein.


Xin


Xin Wang 王昕

Bohai Harvest RST (Shanghai) Equity Investment Fund Management Co., Ltd.

渤海华美（上海）股权投资基金管理有限公司

Tel: +86 (10) 5969 5858 ext 816

Cel: +86 139 1162 0708

xin.wang@bhrpe.com


*发件人:* 王昕 [mailto:xin.wang@bhrpe.com <xin.wang@bhrpe.com>]
*发送时间:* Tuesday, June 7, 2016 12:14 PM
*收件人:* 'Mesires, George R.' <George.Mesires@FaegreBD.com>; 'Matthew L.
Schwartz' <mlschwartz@BSFLLP.com>; 'Michael Leonard' <
mleonard@thorntonai.com>; 'James Bulger' <jbulger@thorntonai.com>; 'Eric
Schwerin' <eschwerin@rosemontseneca.com>
*抄送:* 'Jonathan Li' <jonathan.li@bhrpe.com>; 'jason.zhu@bhrpe.com' <
jason.zhu@bhrpe.com>; 'YU, Felix' <felix.yu@bhrpe.com>
*主题:* BHR Directorship Issues


Dear Matthew and George,


Hope all is well since we last spoke. I am writing to follow up on the
status of Devon’s resignation from BHR’s board / remuneration committee and
the appointment of a replacement.


On a related note, I would also like to understand how Devon would like to
deal with his shareholding in BHR through Rosemont Seneca Bohai. By way of
background, we underwent a shareholder registration amendment last year
with the Chinese regulators to change Devon’s shareholding entity from RST
to the existing Rosemont Seneca Bohai (the process took altogether more
than a year), we were subsequently instructed earlier this year to file
another amendment to change Rosemont Seneca Bohai to Ulysses (an entity
owned 100% by Devon) but that has been put on hold on account of present
circumstances. From BHR’s perspective, we ask the relevant parties to
consider, for the time being, a transfer by Rosemont Seneca Bohai of its
shareholding to another entity (whether it is to RSP or Thornton or the
management team) to avoid potential complications for our U.S. M&A deals
and/or U.S. fundraising activities.


Happy to discuss over a call.


Xin


Xin Wang 王昕

Bohai Harvest RST (Shanghai) Equity Investment Fund Management Co., Ltd.

渤海华美（上海）股权投资基金管理有限公司

Tel: +86 (10) 5969 5858 ext 816

Cel: +86 139 1162 0708

xin.wang@bhrpe.co