DFG 2007 Annual Result April 17 th , 2008

1. DFG 2007 Annual Result April 17th, 2008

2. PRC Auto Industry Overview Contents DFG Business Overview DFG Financial Performance Outlook of DFG and PRC Auto Industry in 2008

3. Steady Growth of PRC Auto Industry Unit:0,000’ Annual Growth Rate:20.22% 879.2 721.6 28.37% 575.7 507.2 28.27% 31.04% 35.51% 71.63% 71.73% 64.49% 68.96%

4. CV Growth Higher than Industry Expectation, with Heavy Duty Truck Segment Recording Outstanding Increase Rapid Growth of PRC CV Industry HD Truck Sales Structure Average Growth:11.86% 249.4 204 178.7 Monthly Sales of HD Trucks

5. Continuous Growth of PV Sales, Upgrading Sales Structure Continuous Rapid Growth of PV Business PV Growth Structure in 2007 Annual Growth:24.47％

6. DFG Business Overview Contents PRC Auto Industry Overview DFG Financial Performance Outlook of DFG and PRC Auto Industry in 2008

7. DFG Sales Growth Higher than Industry Average Unit:0000’ Average Growth in the Past 3 Years:31.16% 95.0 75.1 32.84% 59.5 34.09% 42.3 41.01% 67.15% 58.16% 65.91% 58.99% 41.84%

8. Dongfeng Nissan PV Co. DPCA PSA Peugeot Citroën Dongfeng Honda Auto Co., Successful Launch of PV Models Drives Continuous Growth of PV Business In 2007，PV sales of DFG reached 638,000 units, representing a YoY growth of 28.89%，7％ higher than industry PV average. Growth:2.98% Growth:33.59% Growth:100.32% Unit:0000’

9. 07 Upgraded Kinland • Dongfeng Kinland was launched to the market in May,2006，and it was further upgraded and improved in 2007, as a result of which, it achieved remarkable market performance. Total aggregate sales of Kinland and Dalishen was 22,000 units last year. Dalisen Improved CV Market Position, with Adjusted and Upgraded Product Port Folio Unit:0000’ Market Share： ■10.6% ■ 10.6% Market Share：■21.8% ■18% Market Share： ■24.8% ■27%

10. DFG Financial Performance Contents PRC Auto Industry Overview DFG Business Overview Outlook of DFG and PRC Auto Industry in 2008

11. Steady Sales Revenue Growth in 2007 Strong Sales Revenue Growth in the Past 3 Years Stable Sales Revenue Structure Unit:RMB mn

12. Stable Growth of Gross Profit Stable Growth of Gross Profit EBIT & EBIT Rate in Recent 3 Years Unit:RMBmn

13. Enhanced Operation Efficiency and Increased Profitability Net Profit and NP Margin Recent 3 Years Improved ROE in Recent 3 Years Unit:mnRMB

14. Outlook of DFG and PRC Auto Industry in 2008 Contents PRC Auto Industry Overview DFG Business Overview DFG Financial Performance

15. Growth Prospect of PRC Auto Industry • In recent years, PRC auto industry maintains steady growth, first 3 months industry sales in 2008 was also positive; • We expect PRC auto industry to continue the rapid development momentum in 2008, but due to macro economy tightening policy, auto growth is likely to slow down. If auto industry grows by a conservative 15%, total auto sales in 2008 will reach 10.1 million units; if it grows by an optimistic 20%, then total industry sales will reach 10.54 million units.

16. PSA Peugeot Citroën Sales Target 150,000 Sales Target 340,000 Sales Target 280,000 骊威 运动版 逍客 奇骏 新天籁 新爱丽舍 两厢307 C4 三厢206 两驱CRV Growth Prospect of DFG In 2008, DFG will launch a variety of new PV models to broaden its PV product port folio; in CV segment, DFG will further optimize the product structure of Kinland series to cater to the market demand; meanwhile, the Group will launch another HD truck serial:D530 to enhance the competitive edge of commercial vehicles in the domestic market. In 2008, the Group sets the annual sales target between 1.1mn units to 1.15 mn units, with a 7:3 sales breakdown between PV and CV. In 2008, faced with such challenging factors as raw material price hike, increase of labor cost, declining auto price, DFG management will spare no efforts to maintain the Group’s profitability through launch of new products, further increase scale of economy, improvement of local content ratio and enhancement in cost management capabilities.