BMW Automotive Finance (China) Co., Ltd. will carry out retail and wholesale financial services and leasing business to support all BMW Group manufactured products. Wholesale financial services provide bicycle financing financial products for new cars and test drives of BMW Group dealers; retail financial services provide standard retail loans, flexible loans and selected second-hand car loan products for vehicles sold by BMW Group dealers. The service content provided by BMW Auto Finance (China) is extremely valuable to high-end customers who require exclusive and flexible financial solutions and will further enhance the brand image. BMW automobile financial services have already started pilot operations at dealers in Beijing, Shanghai, Guangzhou, Shenyang and Chongqing. And in 2010, it launched a financial leasing service similar to Chuangfu Auto Finance. \x0d\The design of current and future products of BMW Auto Finance (China) Co., Ltd. is dedicated to solving the cost of vehicle ownership for BMW customers. This plays a key role in the BMW Group's long-term commitment to the Chinese market and customers, making BMW and MINI products more attractive, further narrowing the distance between products and corresponding customer groups, and promoting sales growth. \x0d\BMW Finance is one of the pillar businesses of the BMW Group. As an independent global operating business, BMW Finance was established in the 1970s, initially focusing on the German market, and now covers more than 50 markets around the world. BMW Finance has a total business volume of 70 billion euros, serving 3 million customers, and a pre-tax profit of 919 million euros. Globally, BMW Finance not only includes simple loan and leasing businesses, but also provides diversified products and services covering 6 main businesses. BMW Finance is not only a successful profit-making unit, but also makes a significant contribution to maintaining customer loyalty and provides strong support for the continued growth of the BMW Group. \x0d\BMW Finance is part of the BMW Group, operating in more than 50 countries and regions around the world, and is one of the world's largest auto finance companies. Its vision is: as a global, profitable and distinguished financial services provider, make the greatest contribution to BMW's strategic goal of being the world's number one.