Emfis

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 of (i) minibuses and automotive components, and (ii) sedans. Its commercial vehicle brands include "JinBei" and "Grace" 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 mouldings, strips, axles, stamped parts, etc.

The Group sold 74,618 minibuses and 25,600 "Zhonghua" sedans in 2003, the Group's joint venture with BMW also sold 4,359 BMW sedans in 2003. The Group's strong sales performance has been supported by a substantial network of over 800 minibus distributors, over 100 distributors for "Zhonghua" sedans and over 20 distributors for BMW sedans, as well as over 330 after-sales service centers for minibuses and over 120 for "Zhonghua" sedans and 24 for BMW sedans. Currently, the Group has an annual production capacity of 120,000 minibuses and 100,000 sedans.

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

With over 8,700 employees, the Group achieved revenue of RMB10.1 billion for the year ended 31st December, 2003.