Beijing Automotive Industry Imp. & Exp. Corp. (“BAIEC” for short), as a wholly-owned subsidiary of BAIC Group, founded in 1985, is mainly engaged in import and export of autos, auto parts, goods and technology, import and export agent, and domestic sales of auto (including car) and mechanical and electrical products. In the tenet of “Supported by BAIC Group, Serve BAIC Group”, BAIEC realizes the annual import and export amount of USD 180 million and annual sales volume of RMB 1.7 billion through more than 20 years of development. Our products are exported to more than 30 countries and regions such as Europe, North America, South America, Australia, Africa, Middle East, Southeast Asia, etc.