09:28     JH AUTO SAFETY<08293> - Announcement                                

                                                                              
    The Stock Exchange of Hong Kong Limited takes no responsibility for the   
    contents of this announcement, makes no representation as to its          
    accuracy or completeness and expressly disclaims any liability            
    whatsoever for any loss howsoever arising from or in reliance upon the    
    whole or any part of the contents of this announcement.                   
                                                                              
    This announcement does not constitute an offer of, nor is it calculated   
    to invite offers for, the shares or other securities of the Company, nor  
    have any such shares or other securities been allotted with a view to     
    any of them being offered for sale to members of the public.              
                                                                              
    JINHENG AUTOMOTIVE SAFETY TECHNOLOGY HOLDINGS LIMITED                     
    (Incorporated in Cayman Islands with limited liability)                   
    (Stock Code: 8293)                                                        
                                                                              
    ANNOUNCEMENT                                                              
                                                                              
    PROPOSED LISTING ON THE MAIN BOARD                                        
    BY WAY OF INTRODUCTION                                                    
    AND                                                                       
    PROPOSED VOLUNTARY WITHDRAWAL OF LISTING ON GEM                           
                                                                              
    The Board is pleased to announce that the Company proposes to list the    
    Shares on the Main Board by way of introduction. An advance booking form  
    for the Proposed Introduction was submitted to the Stock Exchange on 6    
    April 2005. The Stock Exchange was notified of the Company's intention    
    to implement the Proposed Withdrawal. The Proposed Withdrawal will be     
    conditional upon, among other things, the approval by the Shareholders    
    and the Stock Exchange while the Proposed Introduction will be            
    conditional upon, among other things, the approval by the Stock           
    Exchange.                                                                 
                                                                              
    The Proposed Introduction and the Proposed Withdrawal may or may not      
    proceed. Shareholders and potential investors are advised to exercise     
    caution when dealing in the Shares.                                       
                                                                              
    By Order of the Board                                                     
    JINHENG AUTOMOTIVE SAFETY                                                 
    TECHNOLOGY HOLDINGS LIMITED                                               
    Li Feng                                                                   
    Chairman                                                                  
                                                                              
    Hong Kong, 8 April 2005                                                   
                                                                              
    As at the date of this announcement, the Board comprises five executive   
    Directors, namely Messrs. Li Feng, Xing Zhanwu, Zhao Qingjie, Yang        
    Donglin and Foo Tin Chung, Victor; two non-executive Directors, namely    
    Messrs. Li Hong and Zeng Qingdong; and three independent non-executive    
    Directors, namely Messrs. Chan Wai Dune, Zhong Zhihua and Zhu Tong.       
                                                                              
    This announcement, for which the Directors collectively and individually  
    accept full responsibility, includes particulars given in compliance      
    with the GEM Listing Rules for the purpose of giving information with     
    regard to the Company. The Directors, having made all reasonable          
    enquiries, confirm that, to the best of their knowledge and belief: (1)   
    the information contained in this announcement is accurate and complete   
    in all material aspects and not misleading; (2) there are no other        
    matters the omission of which would make any statement in this            
    announcement misleading; and (3) all opinions expressed in this           
    announcement have been arrived at after due and careful consideration     
    and are founded on bases and assumptions that are fair and reasonable.    
                                                                              
    The above announcement is a summary only. For the full version of         
    this announcement, please refer to the 'Latest Company Announcement'      
    page on the GEM website at http://www.hkgem.com.