About MEIDONG AUTO Company

China Meidong Auto Holdings Co., Ltd. (HK1268) is the fifth largest private automobile dealership group headquartered in Guangdong Province, mainly providing professional automobile distribution 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 focusing on mid-range and high-end and luxury cars. Currently, the car brands it operates include BMW, Lexus, Toyota, and Beijing Hyundai, which are popular among 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 has fully grasped the opportunities of China's urbanization development and is actively expanding the automobile consumer market in China's second, third and fourth tier small and medium-sized cities, especially in wealthy southeastern regions such as Guangdong, Fujian, and Hunan. The company founded and promoted a corporate culture of “customer first”, “team growth” and “pursuit of excellence”, created and operated a data-driven PDCA operation management system, and is committed to meeting the comprehensive and diverse automobile consumption needs of Chinese automobile consumers, such as new and used car sales, auto supplies, automobile maintenance, and various value-added services.