Company Profile For New Focus Auto Tech Holdings Limited

New Focus Auto Tech Holdings Limited is an investment holding company. The Company, along with its subsidiaries, is engaged in the manufacturing and sales of electronic and power-related automotive parts and accessories, and the provision of automobile repair, maintenance and restyling services and the retail distribution of merchandise through its service chain stores network in the Greater China region. It operates in two business segments: the manufacture and sales of automobile accessories, and the provision of automobile repair, maintenance and restyling services. Perfect Progress Investments Limited is its directly held subsidiary. Its indirectly held subsidiaries include Shanghai New Focus Auto Parts Co., Ltd., New Focus Light and Power Technology (Shanghai) Co., Ltd., Shanghai New Focus Auto Repair Services Co., Ltd. and Shanghai Likeliang Auto Service Co., Ltd., among others. In July 2008, the Company acquired Road Star Limited.

BRIEF: For the six months ended 30 June 20069, New Focus Auto Tech Holdings Ltd.'s revenues decreased 19% to RMB276.4M. Net loss totaled RMB4.6M vs. an income of RMB7.3M. Revenues reflect a decrease in income from Manufacture & sale of automobile accessories segment of the group. Net loss reflects lower gross profit margin, a decrease in other income & net gains and an increase in distribution expenses.

New Focus Auto Tech Holdings Limited
Unit 1409, 14/F Harcourt House
39 Gloucester Road
Wan Chai
   

2530