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| Chairman's Statement |
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 The Group has achieved its goal of returning to profitability in 2007 after experiencing two years of losses attributable to equity holders of the Company. The Group also registered unit sales growth in all of its three main product categories. During 2007, the Chinese auto sector continued to show an impressive growth. A total of 4.7 million sedans were sold domestically, representing a 23.5% increase from the previous year. China's rapid GDP expansion with rising income levels and improving lifestyles had contributed to this growth. The strong market demand has brought about a remarkable expansion in the sale of our Zhonghua and BMW sedans during the year. As a result, the Group achieved revenues of approximately RMB14.1 billion in 2007, representing a 34.9% increase from 2006. This increase in sales, coupled with the implementation of cost saving measures, has led to a turnaround of the Group's performance from a net loss attributable to shareholders of RMB398.4 million in 2006 to net profit attributable to shareholders of RMB97.1 million for 2007. |
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| Company at a Glance |
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 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, (ii)
sedans and (iii) automotive components. 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. |
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