The HMC 2007 Retreat Meeting was held in Beijing on July 28th and 29th. The headquarter medium-and-top management and 16 managers of HMC invested companies have been present at the meeting. Mr. Guo Jieping, General Manager of HMC, made a report on the meeting, summarizing the work in the first half of the year, and arranging the work in the next stage. A lecture about corporate management was held during the meeting, too.

The participants discussed the current situation and the future of HMC, "Greater Huayang" culture construction, corporate control, capital operations and HMC development orientation. These conferences adjourned very fruitfully.