General Overview

Brilliance China is one of the leading automotive manufacturers in China through its subsidiaries, associated companies and joint ventures in the PRC. The Group's operating segments are divided primarily into the manufacture and sale of (i) minibuses and automotive components, and (ii) sedans. Its commercial vehicle brands include "JinBei" and "Granse" minibuses and its sedan brand includes "Zhonghua". In 2003, the Group also established a joint venture with BMW to produce BMW 3-series and 5-series sedans in China. The Group is also engaged in the manufacture of gasoline engines for use in minibuses, sedans, SUV and light trucks and automotive components, including but not limited to window moldings, strips, axles, stamped parts, etc.

The Group sold 73,415 minibuses and 106,770 "Zhonghua" sedans in 2007, the Group's joint venture with BMW also sold 32,100 BMW sedans in 2007. The Group's strong sales performance has been supported by a substantial network of approximately 197 minibus distributors, approximately 217 distributors for "Zhonghua" sedans and over 90 distributors for BMW sedans, as well as approximately 352 after-sales service centers for minibuses and approximately 258 for "Zhonghua" sedans and over 90 for BMW sedans. Currently, the Group has an annual production capacity of 120,000 minibuses and 180,000 Zhonghua sedans.

To further support its goal as the leading automotive manufacturers in the PRC, the Group has also established strategic partnerships or working relationships with leading global automotive companies, such as Toyota, Mitsubishi, FEV Motorentechnik Gmbh, Porshe, Pininfarina S.p.A..and Italdesign S.p.A.

With approximately 11,680 employees, the Group achieved revenue of approximately RMB14.1 billion for the year ended 31st December, 2007.