China MeiDong Auto
Holdings Limited

Supported by its luxury-focused brands portfolio, China MeiDong Auto Holdings Limited (“MeiDong Auto”, 1268.HK) is a fast-expanding auto dealership group, aiming to provide consumers with premium car options and after-sales services. It mainly focuses on luxury and mid-to-high-end brands including Porsche, BMW, BMW Mini, Lexus, Audi, Tesla, and Toyota. Embracing its highly-effective premium brands’ focus and “Single-city-single-store” strategy, has 78 self-operated stores situated in provinces and cities such as Beijing, Hebei, Hubei, Hunan, Jiangxi, Fujian, Guangdong, Gansu, Anhui, Shangdong, Henan, Jiangsu, Sichuan, Tianjin and Chongqing, including a joint venture operated by the Group and two after-sales service centers for Tesla. (As of 31 December 2023)

Simple, Direct, and Data Driven have been the building blocks of our corporate culture. Through our persistent pursuit of high inventory turnover, we aim to offer superior asset efficiency, all at the same time, maintaining a healthy financial position through our net cash position and strong operating cash flow. The solid financial position in place would then be able to support our business development and shareholders dividend.

Since listed in 2013, MeiDong Auto was able to declare 61% of its profit was redistributed as dividend, in an effort to share our business success with our shareholders. (As of 31 December 2023)