Lifan Motors milestone 2011-2013

• 1. From 2007 to 2013, Lifan Motors has accumulatively exported over 210,000 cars, keeping top 3 among Chinese car brands. Moreover, Lifan built leading network for its overseas market. Lifan Motors had already exported its products to over 50 countries and areas, having explored 500 sales networks, and has put into production in Russia, Azerbaijan, Myanmar, Ethiopia, Uruguay etc.

• 2. From 2011 to 2013, Lifan Motors has sold nearly 70,000 cars in Russia, which has been the top 1 sales among Chinese car enterprises in Russia for consecutive 3 years, becoming the most fashionable Chinese brand in Russia.

• 3. On April 19, 2011, the first SUV model of Lifan Motors Lifan X60 officially launched in Shanghai Auto Show, which marked Lifan Motors entering SUV market officially. By the end of 2013, its sales volume had surmounted over 100,000 units in global market.

• 4. On November 10, 2011, global launching ceremony of Lifan X60 was held in Dubai Auto Show. Lifan Motors officially launched the global brand strategy, indicating that the exploring of Chinese auto brand to global market has entered to a new stage.

• 5. In December 2011, the Phase II works of Lifan Motors Factory No.1 had been successfully put into operation, with annual output of Lifan sedan being up to 350,000 units.

• 6. On May 10, 2012, Lifan Group signed the cooperation contract with world known Massachusetts Institute of Technology ,becoming the first auto enterprise participating in MIT industry alliance.Lifan, together with MIT, will have deep cooperation in the aspect of technology development, program operation and talent cooperation.

• 7. On September 9, 2012, Uruguay auto rally championship 2012 ended up with success. Lifan 320 rally team won the championship, which was the first time for Chinese auto brand winning such honor. In the following May, Uruguay Lifan 320 rally team won the champion again at Brazil station of Rally Sudamericano. Lifan 320 had already won 23 championships of China Auto Rally Race in recent years. All achievements fully demonstrate the outstanding quality of Lifan Motors.

• 8. On September 18, 2012, following the cooperation with the world- known engine development company Ricardo Company in developing 1.2L direct injection turbo gasoline engine in 2011. Lifan, cooperated with it again, to develop 1.4L direct injection turbo gasoline engine, aims to conform Euro VI emission standard.

• 9. In 2012, Lifan kept the top1 new car sales volume in Ethiopia. For repaying the society, Lifan Motors held the press conference of Yes We Care charity activity in December. Lifan announced to donate 300 Birr to the largest local charitable organization for each car sold in 2013. The philanthropic act was highly praised; for this reason, Lifan Motors had received and praised by Ethiopian president ATO GIRMA W/GIORGIS.

• 10. In April 2013, in Shanghai International Auto Show, Lifan Motors announced its future 3-year strategic planning of products which would realize full coverage of sedan, SUV and MPV.

• 11. On May 15, 2013, by virtue of its outstanding appearance and performance, Lifan commercial vehicle Foison won the Car of the Year award in Peru. Lifan 520i also got the Sport Car of the Year award. As the only Chinese car participating Caminos del Inca rally in 2012, 520i won the third place relying on its excellent engine.

• 12. In October 2013, Lifan Group invested RMB 477 million in building brand new R & D center and put into operation. The newly built R & D center includes auto and motorcycle development building and a test center, bringing in more advanced auto and motorcycle R&D;, test and related auxiliary facilities, symbolizing that Lifan Motors had moved forward to a new stage in production and R&D.;

• 13. On November 27, 2013, the first authorized private finance company Chongqing Lifan Finance Co., Ltd. was officially established, which was of great significance to the upstream and downstream capital integration of Lifan industry chain. It facilitates the company to broaden the capital source and improve capital usage efficiency.