About MEIDONG AUTO Company

China Meidong Automobile Holdings Co., Ltd. (Meidong Auto, HK1268) is the fifth largest private automobile dealership group headquartered in Guangdong Province, which mainly provides professional automobile sales and comprehensive services. Meidong Auto was successfully listed on the main board of the Hong Kong Stock Exchange on December 5, 2013. The company pursues a balanced brand development strategy with high-end and luxury cars as the main focus. The car brands it currently operates include BMW, Lexus, Toyota, and Beijing Hyundai, which are widely loved by Chinese consumers. We have also been authorized to open two Porsche dealerships, which are expected to open before the end of the first quarter of 2015. The company fully grasped the opportunities for urbanization development in China and actively expanded automobile consumer markets in China's second, third, and fourth tier small and medium-sized cities, particularly in affluent regional markets in the Southeast, such as Guangdong, Fujian, and Hunan in China. The company founded and promoted the corporate culture of “customer first”, “team growth” and “pursuit of excellence”, created and operated a data-driven PDCA operation management system, and was committed to meeting the comprehensive and diverse automobile consumption needs of Chinese automobile consumers, such as new and used car sales, automotive supplies, auto maintenance and various value-added services.