Brilliance China Automotive Holdings Limited Signed a Technical Support Agreement With BMW AG.Business Editors NEW YORK--(BUSINESS WIRE)--March 29, 2001 On March 27, 2001, Brilliance China Automotive Holdings Limited (NYSE NYSE See: New York Stock Exchange : CBA See Capital Builder Account. ; SEHK SEHK See: Stock Exchange of Hong Kong : 1114) ("Brilliance") and BMW BMW in full Bayerische Motoren Werke AG German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s. AG ("BMW") signed a Technical Support Agreement ("Agreement") in Shanghai, PRC. According to the Agreement, BMW will provide consulting services by sending experts to Brilliance's plant in Shenyang to help Brilliance establish production processes for the M1 (Zhong Hua) Car. Yang Rong, Chairman and President of Brilliance, said: "The achievement of stable production processes due to the respective support by BMW under the Agreement will be an invaluable help to the M1 (Zhong Hua) Car project." |
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