JJ Auto : shares start trading at Warsaw Stock Exchange at price of 30 PLN

Warsaw, 18.06.2014

JJ Auto shares start trading at Warsaw Stock Exchange at price of 30 PLN

Warsaw, June 18, 2014 - Shares of JJ Auto AG (together with its subsidiaries hereinafter "JJ Auto"), a dynamically growing manufacturer and supplier of automotive parts for commercial and heavy-duty vehicles in the Chinese market, has debuted today at the Parallel Market of Warsaw Stock Exchange with first trading price of 30 PLN. The first price was almost equal to the offering price of 29.99 PLN.

"With the IPO on the Frankfurt and Warsaw Stock Exchange we achieved an important strategic target. The status as a listed company gives us prestige and enhances our credibility in the Chinese market. In Warsaw there are many active investors who understand our business and emerging market companies, as demonstrated by the results of the subscription - the majority subscription for shares were made by individual investors in Poland. We'll every effort to meet the expectations of our shareholders. And should all conditions are fulfilled, we envisage a dividend payment in the range of 15 per cent", said Jianhui Ye, CEO of JJ Auto AG.

Warsaw Stock Exchange is the second market where shares of JJ Auto are listed - on Monday the company started to be quoted on General Standard of the Frankfurt Stock Exchange at a price of 7.30 EUR.

Based on the first trading price the market capitalisation of JJ Auto AG approximately amounts to 242.9 million PLN. ACON Actienbank AG in Munich acted as the sole lead manager for the IPO.

About JJ Auto
JJ Auto is one of the leading manufacturers and suppliers of high-quality steel automotive parts, tools and heavy-duty machine parts such as nuts, bolts, wrenches, sleeves, track pins and bushings and track parts in China. As a supplementary business JJ Auto is also involved in the trading of automotive tools and parts.

Founded in 1998, JJ Auto possesses extensive industry experience and technology know-how. Currently, JJ Auto exclusively sells its products in the Chinese market directly to distributors and direct sales customers, such as axle factories. The company's customer base consists of around 89 automotive parts distributors, which further sell JJ Auto's products to end users such as axle factories, repair shops and OEMs.

The production facilities of JJ Auto, occupying a site area of 26,089 square metres, are located in Quanzhou City in the south-eastern Chinese province Fujian. In 2013 the production volume amounted to 82.25 thousand tons. At the end of 2013 JJ Auto employed more than 600 employees.

For further information, please contact:
FUTURAMA Communication Intelligence
Magdalena Szymańska
Tel: [phone]
Mail: [e-mail]
Website: www.jj-auto.de/pl.html

Disclaimer
This publication constitutes neither an offer to sell nor a solicitation to buy securities. The offer will be made solely by means of and on the basis of a securities prospectus, which will be published after approval by the German Financial Supervisory Authority (BaFin). An investment decision regarding the publicly offered securities of the issuer should only be made on basis of the published prospectus.

This document is not an offer of securities for sale in the United States of America. Securities may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. The shares in JJ Auto AG have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and are not being and will not be offered or sold in the United States of America.

This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "qualified persons"). All securities referred to herein are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, qualified persons. Any person who is not a qualified person should not act or rely on this document or any of its contents.

The public offer in Poland and Germany will solely be made by means of and on the basis of a securities prospectus. The securities prospectus will be available at the Company's website under www.jj-auto.de/en and at the premises of JJ Auto AG, Berlin, and ACON Actienbank AG, Munich.