(4)     The Management
The  Company  has  clearly  defined  the  respective  responsibilities  of  the  Chairman  and  the  Managing Director and the roles and division of work between the Board of Directors and the management, which are  set  out  in  detail  in  the  Articles  of  Association  and  the  Rules  and  Procedures  for  Meetings  of  the Board  of  Directors.  This  ensures  the  independence  of  the  Board  of  Directors  in  decision-making  and the independence of management in daily operation and management activities.
The  Chairman  of  the  Company  is  Xu  Ping  and  the  President  of  the  Company  is  Liu  Zhangmin.  The Chairman  focuses  on  the  Dongfeng  Motor  Group’s  development  strategies  and  issues  of  the  Board  of  Directors  and  the  President  is  responsible  for  actual  operation  and  management  activities  and developments of the Company.
(5)     Information Disclosure
i.      Information Disclosure
The  Company  recognises  the  importance  of  performing  its  statutory  obligation  of  disclosing information.  The  Company  promptly,  truthfully,  accurately  and  completely  discloses  information that  may  materially  affect  the  decision-making  of  the  public  investors  strictly  in  accordance  with the  preparation  and  reporting  rules  and  procedures  as  required  for  disclosing  information,  and ensures that all shareholders have rights to be equally and sufficiently informed of the significant information regarding the Company’s operation.
During  the  period  under  review,  the  Company  published  two  periodic  reports  and  26  ad  hoc announcements in accordance with the requirements of the Listing Rules. The Company publishes its announcements both on the websites of the Stock Exchange and the Company. For details, please visit the websites www.hkexnews.hk and www.dfmg.com.cn.
ii.  Investor Relations and Communication
The  core  of  investor  relations  is  effective  communication.  The  Company  strictly  complies  with the  relevant  requirements  to  fully  disclose  relevant  information  to  investors,  including  timely disclosures  of  significant  information  of  the  Company  and  the  matters  which  may  affect  the interests  of  investors  through  periodical  and  ad  hoc  announcements,  and  periodically  publish information  in  which  investors  have  interest,  such  as  that  in  relation  to  operational  activities,  so
as to timely and clearly keep investors informed of the latest development of the Company, and enhance the transparency of the Company.
The Company strives to strengthen communication with investors through active investor relations activities  and  maintain  close  connection  with  overseas  media  and  investors  through  various channels,  such  as  results  announcement  conferences,  news  release  conferences,  road  shows, reception  of  routine  visits  by  the  investors  and  analysts,  and  telephone  conferences  so  as  to enhance the investors’ understanding and trust in the Company, build the investors’ confidence for the future development of the Company, promote market recognition of the Company, in order
to making the business development potential and actual value of the Company fully recognised by the market.
iii. Shareholders’ Return
The  Company  always  strives  to  enhance  the  shareholders’  return,  and  had  distributed  cash dividend  of  approximately  RMB345  million  (RMB0.040  per  share)  for  the  year  2006.  The  Board
of Directors proposes to distribute a cash dividend of approximately RMB388 million (RMB0.045
per share) for the year 2007, and will submit the proposal at the shareholders’ general meeting of
2007 for consideration.