1. 1 Merrill Lynch China Investment Summit Beijing October 14th-16th, 2008

2. 2 China Still Remains to be the most Attractive Auto Market Globally 0 ， 000 unit

3. 3 DFG Sales Increase Rapidly Remarkable DFG Sales Record, Above-Industry Growth Rate DFG Growth Rate Significantly Higher than Industry Average 0’000 unit YoY growth:17.22% YoY grrowth:11.94%

4. 4 DFG Sales Revenue Continues to Maintain a Strong Growth Momentum Strong Growth of Sales Revenue PV Sales Revenue RMB mn CV Sales Revenue 18.9% YoY Growth 67.4% YoY Growth RMB mn

5. 5 Strong DFG Recurring Net Profit YoY Growth of 56.7% Gross Profit and Gross Margin EBIT and EBIT Rate RMB:mn Net Profit and NP Margin ROE RMB:mn

6. 6 PRC Auto Industry Faces Great Challenges 0’000 unit

7. 7 DFG Business Arrangement for 2H08 0,000units

8. 8 Q＆AQ＆A 8