Daihatsu holds an Opening Ceremony for a Body Parts Manufacturing Company in China

May. 25, 2006

Daihatsu Motor Co., Ltd. (Daihatsu) announced that an opening ceremony for FAW Daihatsu (Jilin) Body Parts Co., Ltd. (FDJB), a vehicle body parts manufacturing company jointly established with FAW Jilin Automobile Co., Ltd. (FAW Jilin Auto), was held on 25 May in Jilin City, China. FDJB is responsible for a portion of the project to produce small multi-purpose vehicles in China under the technical license agreement signed between Daihatsu and FAW Jilin Auto in October 2005.

The outlines of FDJB

Company Name FAW Daihatsu (Jilin) Body Parts Co., Ltd.
Location Jilin City, Jilin Province
Field of Business Manufacture and sale of vehicle body assembly and body parts
(Production to begin May, 2007)
Capitalization USD 28,700,000
Equity Participation Daihatsu: 50%, FAW Jilin Auto 50%
Executives Chairman: Jiang Yanchun
Vice Chairman: Hiroaki Iwabe
President: Hitoshi Nakano
Vice President: Lian Yunshan