1. Welcome to Wanxiang Group

2. History Business Overview Manufacturing Capability Quality Assurance Market Overview Development Strategy

3. Wanxiang History

4. Wanxiang History Wanxiang’s Yesterday • Founded in 1969 • Started with total $500 1969 1979

5. Wanxiang History Wanxiang’s Revenue Growth Since 1989

6. Wanxiang History Wanxiang’s Position in China • 2nd Largest Private Company In China • One of Top 120 Enterprises in China • One of 520 National Key Enterprises • No.1 State-Class Technical Center In China At Automobile Industry • State-Class Automobile Parts Lab

7. Wanxiang History Founder of Wanxiang • Founder and Chairman of the Board of Directors. • Featured on the cover of Newsweek in May, 1991. • Elected to State Congress for several sessions. • Deputy Chairman of State Entrepreneur Association.

8. Wanxiang Business

9. Wanxiang Business Objective Become A Global Leader in Automotive Components and Systems; Continually Expanding Products Mix and Process Capacity By Implementing World-Class Processes and Technologies

10. Wanxiang Business Origanization and Business Structure Chart Stockholder Representatives Conference Administration Majordomo Board Chairman of the Board President Investment Automobile Components Overseas Business Trading Shanghai Wanxiang Investment Co. China Wanxiang Holding Company Wanxiang Qianchao Industry Wanxiang America Co.

11. Wanxiang Business • 3 Industrial Bases Covering Area of 2 Sq. Kilometers (21,500,000 Sq. Feet) • 50 Subsidiaries of Auto Parts Manufacturing

12. Wanxiang Manufacturing Industrial Base I in Hangzhou, China

13. Wanxiang Manufacturing Made By Wanxiang

14. Wanxiang Manufacturing Driveshafts and Universal Joints

15. Wanxiang Manufacturing Steering Column Series

16. Wanxiang Manufacturing Halfshafts (CV Axles) RF Rzeppa U.J. AC Rzeppa U.J. DO Plunging Rzeppa U.J. GI Plunging Tripod U.J. VL Plunging Rzeppa U.J. (Incline Raceway)

17. Wanxiang Manufacturing Axle Shafts

18. Wanxiang Manufacturing Taper Roller Bearings

19. Wanxiang Manufacturing Hub Units and Ball Bearings

20. Wanxiang Manufacturing Brake Series

21. Wanxiang Manufacturing Wheel Rims, Mufflers and Water Pump Series

22. Wanxiang Manufacturing Shock Absorbers

23. Wanxiang Manufacturing Mini-Motors Electron Clutch Mini-motor Pump Mini-motor Auto Oil Pump Mini-motor Grass Cutter Mini-motor Bookcase Mover Mini-motor Gear Pump Mini-motor GardensMachine Mini-motor Rotor Assembly

24. Wanxiang Manufacturing Wiper Motors Xiali Motor Citroen Motor DongFeng 1.5T series Motor Italy Fiat Motor Liuzhou Motor Jiangxi Fuqi Motor

25. Wanxiang Manufacturing Tie Rods and Ball Joints

26. Wanxiang Manufacturing Casting Line Molten Iron Pouring

27. Wanxiang Quality Assurance

28. Wanxiang Quality Assurance Certificates ISO 9002 QS 9000 TS16949 Certified • ISO9002 Certified in 1997 • QS9000 Certified in 2001 • TS16949 Certified in 2001

29. Wanxiang Quality Assurance Testing Equipment The Four Square Test Systems Manufactured in USA. Applied to road simulations test and wear life test of CVJ and drive shaft. Static Torque Tester Applied to static torque intensity of automobile drive shaft assembly and U-joint cross assembly. Test parameters: ----Torque up to 10000N.m ---- Torque up to 35000N.m

30. Wanxiang Quality Assurance Control Tools R&R Analysis

31. Wanxiang Quality Assurance Process SPC Control

32. Wanxiang Quality Assurance Process Capability Research

33. Wanxiang Market

34. Wanxiang Market Global Market System Wanxiang in Tianjin Canada Heilongjiang Wanxiang in UK Wanxiang in Shanghai Wanxiang in US Wanxiang in Mexico Wanxiang in Shenzhen Wanxiang Australia OEM Supplier for GM and FORD Wanxiang in Brazil 18Subsidiaries in America and Europe US $380,000,000 Export Sales in 2003

35. Wanxiang Market Market Constitution Overseas Market Domestic OEM Market Service upon request Domestic Service Market

36. Wanxiang Market Our Domestic OEM Customers FAW (VW) SAW (Citroen) Wuhan Citron Hainan Mazda GM Liuzhou Wuling Chongqing Chang’an (Suzuki) Nanjin Auto Group (Fiat) Tianjin Xiali (Toyota) Shanghai VW Beijing Jeep(Daimler Chrysler)

37. Wanxiang Market Mature Sales Network Throughout the Country In 23 Provinces/ Cities 165 Agencies and 3000 Outlets

38. Wanxiang Market Wanxiang Overseas Operations Headquartered in Chicago, Illinois, USA.

39. 万向制造 Manufacturing Capability Wanxiang Development Strategy

40. Development Strategy The First of Global Growth Strategies Form Strategic Partnerships with Global Automotive Systems Suppliers, and Establish World-Class Engineering and Production Facilities in Support of Those Relationships

41. Development Strategy The Second of Global Growth Strategies Establish A North American Technical Center in Support of Global OEM New Product and Technology Development

42. Development Strategy The Third of Global Growth Strategies Increase Global Market Share by Expanding Product Offering, Providing Technical Leadership and World-Class Processes. Continue to Be Global Leader in Cost Effectiveness.

43. Development Strategy Establish Perfect Overseas Operating System Training Employes Abroad Export International Cooperation Establish Technical Center Abroad Subsidiaries in Other Countries

44. Thanks!