Company Profile For Denway Motors Limited

Denway Motors Limited is an investment holding company. The Company and its subsidiaries, jointly controlled entities, associates and non-consolidated subsidiaries are principally engaged in a range of activities relating to the manufacturing, assembly and trading of motor vehicles; the manufacturing and trading of automotive equipments and parts in the People’s Republic of China, and the manufacturing and trading of audio equipment in Hong Kong. Other operations of the Company mainly comprise investment holding and the holding of investment properties. It has operations in the People’s Republic of China, Hong Kong and Australia.

BRIEF: For the six months ended 30 June 2009, Denway Motors Limited's revenues decreased 27% to RMB263.9M. Net income decreased 5% to RMB1.18B. Revenues reflect decreased income from Trading of motor vehicles and lower income from Manufacturing and trading of automotive equipments segments. Net income reflects lower cost of sales, lesser selling & distribution expenses and decreased general & administration expenses.