About Fuzhou "Japan Sumitomo Denso Corporation invested in Fuzhou wholly-owned subsidiary"

Sumitomo Denso Fuzhou Company Profile Our company is a wholly owned subsidiary of Sumitomo Denso Corporation in Fuzhou. Sumitomo Corporation is ranked third in the world in the field of automotive wiring harnesses and has 350 overseas bases; its main customers are not only the three major Japanese automobile manufacturers such as Toyota, Honda, and Nissan, but also many non-Japanese automobile manufacturers such as Ford, Volkswagen, Hyundai, Peugeot, and so on. Our company was formally established in April 2005, with a total investment of 90 million U.S. dollars, mainly produces automotive electronic control system devices, automotive key components and other products; as one of the key projects of Sumitomo Denso Corporation's overseas business development, the annual output value is expected to be 1 billion RMB/year, and 100% of the products are exported to Japan. The company is located in Fuwan Industrial Park No.5, Jinshan Industrial Zone, Cangshan District, Fuzhou City, covering an area of about 130 acres, and is expected to have 3,000 employees by the end of 2007. Since its establishment, the company has received attention and support from leaders at provincial and municipal levels as well as members of the public, and has also been recognized as a provincial and municipal key enterprise. Company goal: In line with the Sumitomo Group's business spirit of "valuing credit, seeking truth from facts, and not tending to profitability", we will strive to improve ourselves, and inject fresh vitality into China's automotive wiring harness business while contributing to the development of the global automotive wiring harness business.

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