Lifan Motors Memorabilia

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• 1. In August 2003, Lifan Group became the majority shareholders of Chongqing Special Vehicle Chief Factory and established Chongqing Lifan Passenger Vehicle Co., Ltd to enter automobile industry.

• 2. In December 2005, National Development and Reform Commission approved Lifan sedan program.

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• 3. On January 19, 2006, the first model of Lifan Motors LF520 achieved its simultaneous global launch in over 10 countries and areas.

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• 4. In April 2006, Lifan, as the only enterprise in Chongqing, was appraised as one of 60 Chinese enterprises which can realize internationalization by the IBM Institute for Business Value.

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• 5. In March 2007, LF520 off lined in the first assembly factory VMC in Vietnam.

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• 6. On August 10, 2007, LF520 off lined in Russian Derways factory. In the same month, Lifan cars passed European impact test becoming the first Chinese sedan brand that passed this test once.

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• 7. In November 2007, LF520 sedans off lined in Holland Car factory in Ethiopia which indicated that Lifan cars entered the east market in Africa.

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• 8. In November 2007, LIFAN cooperated with Ricardo Company from U.K. to develop Euro IV automobile engines.

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• 9. On April 2, 2008, Lifan cars passed E-NCAP64 impact test in Russia achieving the super-3-star standard which broke the record that Chinese sedans did in this test.

• 10. On April 14, 2008, LIFAN was listed in "Top 30 for Automotive Industry in 2007", ranking the 14th.

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• 11. On June 1, 2008, LF520 off lined in KMC factory in Iran which was the fourth oversea assembly factory indicating that Lifan cars marched towards Middle East market.

• 12. In June 2008, Lifan Motors completed Australia Design Rules registration becoming the first Chinese sedan brand eligible to be sold in Australia.

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• 13. On June 13, 2008, LIFAN got associated with AIG, which marks the success of joint-stock mechanism transformation for LIFAN.

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• 14. In August 2008, LF520 CNG was listed in "World Cleanest Car of Forbes" being the only Chinese brand in the list.

• 15. In August 2008, LIFAN was listed in "Top Enterprises in China" of Forbes for 2008, ranking the 88th.

• 16. On August 30, 2008, with release of the "Top500 Enterprises in China for 2008", LIFAN was among them for the 7th time.

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• 17. On November 1, 2008, Lifan cars declared its view in Greek Auto Show becoming the first Chinese sedan brand that entered EU market.

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• 18. By the end of 2008, 36500 Lifan cars have been exported to over 50 countries and areas including Europe, Africa, South America and Southeast Asia. Lifan Motors ranked the third place among all Chinese sedans exportation in China and the first place in Chongqing in 2008.

• 19. On March 10th, the 1st Global Distributor Convention of Lifan Motors was held in Chongqing. Nearly 100 Lifan Motors distributors from 27 countries took an active part in the convention attracting lots of attentions. Lifan has reached cooperation agreement in the aspect of investment, sales and new products promotion with many overseas distributors and its globalization strategy has the initial scale.

• 20. Chinese Brand Research Institute issued the list of "National Card" on June 18th, 2009. 100 brands including LIFAN are listed. "National Card" refers to the enterprises or brands standing for Chinese national image.

• 21. On September 5th, 2009, the annual Chinese Top500 enterprises have been disclosed. Lifan Group is listed in the billboard for consecutive 8 years with over 12.5 billion RMB owning.

• 22. On October 17th, Vietnam Premier Nguyen Tan Dung with its delegation visited Lifan Group. Under the witness of Nguyen Tan Dung, Yin Mingshan and TRACIMEXCO - Bao Toan Join Stock Company (TBT) signed an automobile manufacturing project with investment of 20 million USD in Vietnam. This will be Lifan's second automobile plant in Vietnam.

• 23. In November 2009, LF320 and LF620 passed European E/e-mark type approval this November. It indicates that the three main models of Lifan Motors LF520, LF320 and LF620 all passed European E/e-mark type approval symbolizing Lifan Motors launching to enter European market.

• 24. On December 8th, 2009, Yangfan Motors Plc, a wholly-owned subsidiary of Lifan Group is finally set up and launches new Lifan520, Lifan620 and Lifan320 to customers in Ethiopia.

• 25. The second-phase plant of Lifan Motors in Chongqing will be put into production in 2010 with the design capacity of 100,000. By then, the Chongqing-based main plant can reach 250,000 in vehicle production capacity. In addition, the engine factory of Lifan Motors will also be put into production this year and the capacity will reach 20 million units.

• 26. On January 11th, 2010, Lifan KD project in Azerbaijan officially put into operation. First batch of assembled cars drove off the production line. This is the fifth overseas KD plant of Lifan Motors.

• 27. On February 24th, 2010, LIFAN520 officially off-lined in Ethiopia. By 2012, Lifan Group will invest 30 million dollars to its Ethiopian auto project to upgrade 4S stores, factory and service stations, and realize the aim of 2000upa.

• 28. In March 2010, the assembly plant in Uruguay of Lifan Motors has been built and put into production. The design capacity of the assembly plant in Uruguay of Lifan Motors is 40,000 units. The plant mainly assembling Lifan320 and Lifan620, and the first batch units are estimated to offline at the end of April.

• 29. On March 16, 2010 LIFAN and Chinese Academy of Sciences unveiled Shanghai Zhongke-Lifan Vehicle Co., Ltd. officially in shanghai. It signed that LIFAN launched new energy strategy officially. Besides LIFAN 620 EV will be as police car at Shanghai World Expo, LIFAN 320 EV has been developed successfully.