May 18 2010

China Select Obtains Business License to Kick Off RMB Funds

May 18, 2010 – China Select Capital Partners Corp. (TSXV: CH) is pleased to announce that, following its previous announcement on April 16, 2010, it had received a business license from the Suzhou municipal government for its wholly owned subsidiary to operate as an onshore foreign fund management company. This business license, issued on May 12, 2010, represents an official approval for China Select to manage Renminbi denominated investment funds.

China Select also announced today that Mr. Junfeng Li, Deputy Director General of the Energy Research Institute, National Development and Reform Commission of the People’s Republic of China has joined the Company’s advisory board. In addition, Mr. Li serves as Professor and Chair of the Academic Committee of the Energy Research Institute, Secretary General of the China Renewable Energy Industries Association, Vice Chairman of the Global Wind Energy Council, Vice Chairman of REN 21 and Chief Editor of the Energy Law of China. Mr. Li is a leading author in the area of the development of Chinese Renewable Energy Law and graduated from the Shandong Mining Institute in 1982.

About China Select Capital Partners Corp.

China Select Capital Partners is a Canada-based investment issuer and asset management firm focused on facilitating foreign investment in the private equity RMB fund industry. China Select invests in leading private and public companies whose businesses involve later-stage renewable energy, environmental technology or other selected sectors and identify an exit strategy either in China or North America. China Select’s management team is composed of talented and experienced investment professionals combining an Asian background with Western education and extensive experience in investment banking, venture capital and venture fund management in Canada, China and the U.S.

On behalf of the board of

CHINA SELECT CAPITAL PARTNERS CORP.
Per: “Min Kuang”

Min Kuang
President, Chief Operating Officer and Director

For further information, please contact:

Joseph Fodor
Chief Executive Officer
China Select Capital Partners Corp.
Telephone: (604) 689-0618
E-mail: jfodor@chinaselectcapital.com

or

David Yoo
Managing Director
China Select Capital Partners Corp.
Telephone: (604) 689-0618
E-mail: dyoo@chinaselectcapital.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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