SG Automotive Group

Liaoning SG Automotive Group Co., Ltd. is a China-based company engaged in manufacture and sale of automobiles and spare parts. The Company provides its products under the brand named HuangHai, including buses, passenger cars, special vehicles, vehicles for civil aviation and automotive spare parts, among others. The Company also offers automobile maintenance services. It distributes its products in domestic and overseas markets. As of December 31, 2008, the Company had 12 subsidiaries, which involved in research, manufacture and sale of automobiles and spare parts, import and export trading, as well as asset management services.