To: Business Editor
[For immediate release]

BAOXIN AUTO GROUP LIMITED
寶信汽車集團有限公司

Baoxin Auto Received the Best Regional Renminbi Solution Award in The Asset Triple A Awards 2014

[8th August 2015, Hong Kong] Baoxin Auto Group Limited ("Baoxin Auto" or the "Company" and, together with its subsidiaries, the "Group", Stock Code: 1293.HK), a leading luxury 4S dealership group in China, is honored to receive the Best Regional Renminbi Solution Award in "the Asset Triple A Awards 2014" hosted by The Asset, a prestigious finance magazine. This Award is a preeminent recognition for outstanding listed corporations in Asia-Pacific region who have achieved outstanding operational efficiency at managing working capital. The assessment is mainly based on information disclosure by the company and the feedback from cooperating financial institutions. The Best Regional Renminbi Solution Award not only focuses on company's efficiency via centralization in liquidity management, but also strongly emphasizes how opportunities stemming from new themes and regulations have been seized, especially in the internationalization of Renminbi.

The Asset is established in 1999 and it is a famous English finance magazine distributed monthly in Asia and Hong Kong. Its contents cover information about Asia's capital market, asset management, and private banking etc. Its target readers are mostly senior managements from international corporations, investment banks, commercial banks, securities companies, financial institutions and industry-related consulting firms. The annual Triple A Awards nominates candidates from Asia's financial institutions like commercial banks and investment banks and has high recognition and authority in Asia and international financial market.

This achievement is another international award received by the company in cash management after highly commended for the Best Cash Management in Tao Zhu Gong Award 2014 hosted by Eurofinance. This fully reflects international finance and business field's general appreciation and good evaluation of Baoxin Auto Group.

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About Baoxin Auto Group Limited
Baoxin Auto is a leading 4S dealership group in China, principally engaged in sales and services of luxury and ultra-luxury branded automobiles. The Group offers a comprehensive range of automobile-related sales and services including sale of new automobiles, automobile maintenance and repair services, sales of automobile accessories and other automobile-related products, automobile customization and styling services. All of the 4S dealership stores are strategically located in populous and affluent regions in China with rapidly growing local economies, including Beijing, Shanghai, Tianjin, Jiangsu, Zhejiang, Shandong, Liaoning and Guangdong. Baoxin Auto's strong brand portfolio includes luxury and ultra-luxury brands such as Land Rover & Jaguar, BMW, MINI, Audi, Porche, Ferrari, Maserati, Volvo, Cadillac and GMC, and other popular mid-to-upper market brands, such as Buick, Toyota, Honda, Nissan, Volkswagen, Chevrolet and Hyundai.

Issued by Porda Havas International Finance Communications Group for and on behalf of Baoxin Auto Group Limited. For further information, please contact:

Porda Havas International Finance Communications Group
Paul Sham 　　　　Phone: +852 3150-6730 　 paul.sham@pordahavas.com
Susan Chen 　　　　Phone: +852 3150-6733 　 susan.chen@pordahavas.com
Rachel Liu 　　　　Phone: +852 3150-6767 　 rachel.liu@pordahavas.com
Jenny Kun 　　　　Phone: +852 3150-6701 　 　jenny.kun@pordahavas.com
Fax: +852 3150-6728