About SHUANGHUA H Company

Shuanghua Holdings Co., Ltd., formerly known as Shanghai Shuanghua Auto Parts Co., Ltd., began business operations as early as 1997, and began restructuring in 2010 to become the current Shuanghua Holdings Co., Ltd. Currently, the Group is a leading independent supplier of automotive air conditioning systems (HVAC) components (“automotive air conditioning systems” - commonly known as “HVAC” in the industry - an abbreviation for “Heating, Heating and Cooling” in English). Its main business is the design, production and sale of various automotive HVAC components, including evaporators, condensers, heater cores and compressors. Our main operating entities are Shanghai Shuanghua, Shanghai Seago Petroleum, Shuanghua Auto Parts, Youshen Industrial, and Shuanghua Machinery. The products are mainly sold to domestic OEM and international maintenance market customers. According to the Frost & Sullivan report, we are the largest independent supplier of evaporators and condensers and the second largest independent supplier of heater cores based on sales volume in China in 2010. The company's production site in Fengxian District, Shanghai, China has two production sites. As of December 31, 2010, the total annual production capacity of evaporators, condensers and heater cores was 3,456,000 units, while the annual production capacity of compressors reached 150,000 units. Our own products are marketed under our own brands “Shuanghua (Shuanghua)” and “Youshen (Youshen)”. In 2009, our evaporators, condensers and heaters marketed under the “Shuanghua (Shuanghua)” brand were recognized as “Shanghai Famous Brand Products” by the Shanghai Famous Brand Product Recommendation Committee Office, an affiliate of the Shanghai Municipal Administration of Quality and Technical Supervision, and our “” trademark was also designated as a “Shanghai Famous Trademark” by the Shanghai Administration for Industry and Commerce in 2009. Furthermore, our operating subsidiary Shanghai Shuanghua was rated as a “Brand Enterprise” by the relevant Shanghai authorities in 2007, a “High-tech Enterprise” from 2006 to 2010, and a “Foreign-Invested Advanced Technology Enterprise” by the Shanghai Municipal Commission of Commerce in 2009. The Group has a diverse and stable customer base in both domestic and foreign markets. It has obtained certification from a wide range of domestic and Sino-foreign joint venture HVAC system suppliers, supplies components directly to them, and after assembly, is finally supplied to major Chinese automobile manufacturers, including Great Wall Motor and BYD Auto, for use in different car models. The Group also successfully established Max Baoding strategic joint venture with Great Wall Motor in 2004 to specifically supply automotive HVAC system products for Great Wall Motors, further promoting the Group's vertical integration in the market. In addition, the Group's products are also supplied to the international maintenance market. The marketing network covers more than 20 countries and regions, and the main international customers include UAC, etc. The company has always adhered to the tenet of “survival by quality, development by variety” and the business philosophy of “relying on scientific progress and scientific management to enhance the company's core competitiveness”, forge ahead, actively explore, and strive to create “first-class companies, first-class suppliers, and first-class brands”. In the future, the company will use multiple varieties and fields as its development strategy to form its own unique position in the industry, build a world-famous brand, and become the main production and sales enterprise in the global automotive air conditioning and refrigeration industry.