Company: Tianjin Tianbao Proprietary Co. Ltd.

Business Summary: Construct an international automobile market combining international automobile display, sale service, training
and technique interchange into one

Total Investment: 7.23 million USD

Business Form: Equity Joint Venture

Contribution Proportion: Overseas investors own 49% shares

Investment Recovery Time: 7.1 years

Contact Person: Pi Jiali

Telephone Number: 25761100

Fax: 25761100

Market Forecast:

It is estimated that the automobile import tariff will be reduced year by year after Chinese entry into WTO. The amount of imported automobile will be increased by 30% annually to 120,000 cars each year in the fifth year from now on, the huge potential is visible.

Brief Introduction of Chinese Partner:

The company owns a registered fund of RMB 330 million yuan and a total capital of RMB 1,360 million yuan. The business scope covers investment, trade, interflow of commodities, infrastructure construction and real estate at home and abroad.