Shanghai Oauto Digital Business Announces New Service

    SHANGHAI, China, Jan. 29 /Xinhua-PRNewswire/ -- Shanghai Oauto Digital
Business Co Ltd announced today that it has developed a new business service -
Motor and Auto-parts Vocations Informational Counselling, which will provide a
commercially combined, multimedia advertising and enterprise marketing scheme
through its authoritative professionalism and high level quality.
    The service will provide clients with production, supply, marketing, and
market segment information about companies in the auto and auto-parts industry.
It also provides information on various products in domestic and international
trade markets.
    "Our business ideologies have made us the most authoritative online
information value-added service and professional products provider in China's
Motor and Auto-parts industry.  With our devoted, professional and innovative
business style, Shanghai Oauto Digital successfully combines multimedia
information platforms with production operations, pushing forward
comprehensive undertakings in products, assets and capital," said Chen Xiao,
market information director of Shanghai Oauto Digital.
    After its initial release in 2002, the service will now be available to
global auto related enterprises and market analysis organisations.  The
company's current partners and clients include France-based Saint-Gobain,
Germany-based Tesa, American-based BorgWarner, Nissan, Mitsubishi, Mazda and
many other global manufacturers, with over 10,000 registered members.  It is
the only enterprise in the auto distribution sector listed in the 2001 China
E-business Yearbook.

    About Shanghai Oauto Digital Business Co Ltd:
    Shanghai Oauto Digital Business Co Ltd was founded in December 2000 and
has a registered capital of RMB500 thousand.  As the authoritative information
value-added provider of auto news releases, media advertising and marketing,
the company is the first third-party provider in China that provides the
People's Insurance System with auto insurance assessment and management
software.  It is also the major news provider for auto channels of
http://www.sina.com.cn, http://www.sohu.com, and was a ticket service centre for the 2001
Shanghai Hanover International Auto Exhibition.  It is the long-term market
information supplier for many large-scale professional manufacturers such as
Toyota and Volkswagen.  The company also owns two famous magazines in the auto
trade: Motor and Auto-parts (weekly), Autocar Information (monthly).

    For more information on Shanghai Oauto Digital Business Co Ltd, please
contact:

     Chen Xiao (Candy Chen), Market Information Director,
     Phone: +86-21-32220662
     Fax:   +86-21-62892608
     Email: service@oauto.com
     Web:   http://www.oauto.com