Company Profile and Milestone

1993 Establishment of German Automobiles Pte Ltd.
1994 Became BMW's distributor in Fujian Province and opened the first authorized BMW service centre and showroom in Xiamen.
Entered alliance with North Anhua, a major distributor of motor vehicles in the PRC, to enhance the distribution network in the PRC.
1995 Became Honda's importer in the PRC and commenced distributing Honda motor vehicles in the PRC.
1996 Established the first authorized Honda service centre in Xiamen.
1997 Became Land Rover's distributor in Fujian Province and commenced distributing Land Rover motor vehicles.
1998 Logistic centre for motor vehicles, spare parts and accessories established in Hong Kong.
2000 Entered strategic agreement with Comfort Group, a listed company in Singapore.
2001 Became Hertz's principal licensee to use the Hertz System to operate car rental business in designated areas in the PRC.
Appointed PRC car rental operators as sub-licensees in Beijing, Shanghai and Guangzhou.
2002 Launched car rental business through sub-licensees in Beijing, Shanghai and Guangzhou. Listed on the GEM board of the Stock Exchange of Hong Kong Limited.
2003 The company has launched a BMW Service Centre in Fuzhou.
Endorsed and launch the distribution of Dinan range of products in the PRC.
2007 Grand opening of our 4S Service Centre in Fuzhou.
Expanded Hertz car rental division by establishing new service location in the Kowloon Station
2008 Changed head office and principal place of business to Causeway Bay.
Placed 33,000,000 new shares at the price of HK$0.3 each.
2010 Placed 43,300,000 new shares at the price of HK$0.225 each.
2014 Grand opening of a 4S store for Ferrari & Maserati cars in Fuzhou
2016 Acquired 3 4S BMW dealer stores in Fuzhou, Longyan and Quanzhou