Shenzhen west logistics company ltd has been established in the beginning of 2003 and it is the main development and operation company of pre-gulf logistics area which is one of the six largest logistics areas. As the initiator of modern logistics area and comprehensive logistics company, it owned the registered capital---450,000,000 RMB, the shareholders are Shenzhen investment and holding company ltd, Shenzhen nanyou (group) company ltd, xintongchan industry development (shenzhen) company ltd and yiwna industry development (shenzhen) company ltd. The business scope of company: warehousing service, cargo distribution , general cargo transportation , national container transportation, container storage, (dangerous cargo excluded); developing industry; property management

Holding and shareholding companies: Shenzhen west warehousing company ltd, Shenzhen pingfang automobiles company ltd.

Address: room A,20F, shekou new era square of nanshan district , Shenzhen

Shenzhen warehousing company ltd.

Shenzhen warehousing company ltd is the total-capital subsidiary of Shenzhen west logistics company ltd and it is invested by Shenzhen investment and holding company ltd, nanyou (group) company ltd and Shenzhen international holding company ltd. The company has rich experience of port operation and transportation and has better cooperation with government departments. It is mainly in charge of the operation and management of warehousing area which has been established and belongs to ¡° pre-gulf logistics area¡± ----one of the six largest logistics areas in Shenzhen and its area is 150,000 square meters.

Shenzhen pingfang automobiles company ltd,.

For developing project of the automobiles exchange market of qianhai , at the end of march, 2004, Shenzhen pingfang automobiles company ltd has been established and owned the capital-----200,000,000 RMB by common investment of our company and merchants office. The market is located in the pre¡ªgulf logistics area and took up 1,000,000 square meters. It is the important investment project of Shenzhen in 2004 and be formally named ¡° Shenzhen automobiles city¡± and it will be the largest and first center of the comprehensive automobiles exchange which is planned by the government . the project is planned to have the investment capital---1,800,000,000 RMB and be constructed by three phases. The first phase of the project will take up 330,000 square meters and it will mainly construct the market of new automobiles exchange which includes the special region of famous brand , trade region of automobiles and service region of automobile components and it will be completed in July,2005; the second phase of the project will take up 240,000 square meters and it will emphasize on the relevant culture and amusement of automobile and the exchange of second-hand cars. Except for the special management region of famous brand, it will construct the fair region and the region of culture and amusement . it will be completed in 2006; the third phase of the project will emphasize on the exchange of bond automobiles and be constructed in 2007. it will be aimed at the bond market of import cars in nation-class and constructed the south china even the national largest exchange market of bond automobiles. ¡C