Press Release

NFA Obtained Huge Capital Injection from CDH through Subscription of New Shares and CB

An Article from United Evening News(Taipei)

NFA Group, a leading enterprise in auto aftermarket service business in Greater China, held a press release today, declaring that it estimates to receivecapital contribution of more than RMB 850 million including RMB 600 million from CDH Investment, an international fund based in China, and RMB 250million from placing with Morgan Stanley as its placing agent.

The contribution will provide NFA with enough capital to open new stores and conduct appropriate acquisitions.

Mr.Wang Zhenyu, managing director of CDH Investment, made a speech in the press release. He pointed out that the experience Taiwan enterprise achieved in the industry of retailing, service and finance would be of great help to their counterparts in the PRC.

Notes:The above English text is simply the translation of summary of original articles in Chinese. Please click the following link for the full text in Chinese.