Faw Jiefang Group Co., Ltd. (China)

Faw Car Co., Ltd. was incorporated in the People's Republic of China as a joint stock limited liability corporation in June 1997. The company’s A shares were listed on Shenzhen Stock Exchange on June 18, 1997. The company is principally engaged in the manufacture and sale of cars and related accessories, under the brand names of FAW Red Flag, FAW Besturn and the Mazda Atenza series. The company operates its businesses mainly in northeastern China, eastern China, northern China and southern China. As of December 31, 2009, the company had three major subsidiaries and three associates, which are engaged in the manufacture and sale of cars and related accessories, financial business, the manufacture and sale of gear-boxes and insurance brokerage business. Faw Car Co., Ltd. is a subsidiary of First Automotive Group Corporation which is a global leader in the vehicle manufacturing industry with a 50-year history of innovation and has 28 wholly owned subsidiaries and controlling interest in 18 partially owned subsidiaries.