晨中国汽车控股有限公

Ifyouareinanydoubtastoanyaspectofthiscircularorastotheactiontobetaken,youshouldconsultyourlicensedsecuritiesdealer,bankmanager,solicitor,professionalaccountantorotherprofessionaladviser.IfyouhavesoldortransferredallyoursharesinBrillianceChinaAutomotiveHoldingsLimited,youshouldatoncehandthiscircularwiththeaccompanyingformsofproxytothepurchaser(s)ortransferee(s)ortothebank,licensedsecuritiesdealerorotheragentthroughwhomthesalewaseffectedfortransmissiontothepurchaser(s)ortransferee(s).HongKongExchangesandClearingLimitedandTheStockExchangeofHongKongLimitedtakenoresponsibilityforthecontentsofthiscircular,makenorepresentationastoitsaccuracyorcompletenessandexpresslydisclaimanyliabilitywhatsoeverforanylosshowsoeverarisingfromorinrelianceuponthewholeoranypartofthecontentsofthiscircular.BRILLIANCECHINAAUTOMOTIVEHOLDINGSLIMITED()*(IncorporatedinBermudawithlimitedliability)(StockCode:1114)(1)NOTICEOFANNUALGENERALMEETING,(2)PROPOSALSFORRE-ELECTIONOFDIRECTORSANDGENERALMANDATESTOREPURCHASESHARESANDTOISSUENEWSHARES,(3)NOTICEOFSPECIALGENERALMEETING,AND(4)REVISIONOFCAPSFOREXISTINGCONTINUINGCONNECTEDTRANSACTIONSIndependentfinancialadvisertotheIndependentBoardCommitteeandtheIndependentShareholdersPartnersCapitalInternationalLimitedAletterfromtheboardofdirectorsofBrillianceChinaAutomotiveHoldingsLimitedissetoutonpages5to13ofthiscircular.AletterfromtheindependentboardcommitteeofBrillianceChinaAutomotiveHoldingsLimitedinrelationtotheproposaltorevisethecapsforsomeoftheexistingcontinuingconnectedtransactionsissetoutonpage14ofthiscircular.AletterfromPartnersCapitalInternationalLimited,theindependentfinancialadvisertotheindependentboardcommitteeandtheindependentshareholdersofBrillianceChinaAutomotiveHoldingsLimitedinrelationtotheproposaltorevisethecapsforsomeoftheexistingcontinuingconnectedtransactions,issetoutonpages15to28ofthiscircular.AnoticeconveninganannualgeneralmeetingofBrillianceChinaAutomotiveHoldingsLimitedtobeheldatAlexandraRoom,2ndFloor,MandarinOrientalHongKong,5ConnaughtRoadCentral,HongKong,onFriday,28thMay,2010at9:00a.m.issetoutonpages39to42ofthiscircular.AnoticeconveningaspecialgeneralmeetingofBrillianceChinaAutomotiveHoldingsLimitedtobeheldatAlexandraRoom,2ndFloor,MandarinOrientalHongKong,5ConnaughtRoadCentral,HongKong,onFriday,28thMay,2010at9:30a.m.(orimmediatelyaftertheclosingoftheannualgeneralmeetingtobeheldonthesamedateat9:00a.m.)issetoutonpages43to44ofthiscircular.Whetherornotyouareabletoattendtheannualgeneralmeetingand/orthespecialgeneralmeeting,youarerequestedtocompletetheaccompanyingformsofproxyinaccordancewiththeinstructionsprintedthereonandreturnittotheofficeofthebranchregistrarofBrillianceChinaAutomotiveHoldingsLimitedinHongKong,ComputershareHongKongInvestorServicesLimitedat17MFloor,HopewellCentre,183Queen’sRoadEast,HongKongassoonaspossiblebutinanyeventnotlessthan48hoursbeforethetimeappointedfortheholdingoftherelevantmeetingoranyadjournedmeeting(asthecasemaybe).Completionandreturnofanyorbothoftheformofproxywillnotprecludeyoufromattendingandvotinginpersonattheannualgeneralmeetingand/orthespecialgeneralmeetingoranyadjournedmeeting(asthecasemaybe)ifyousowish.THISCIRCULARISIMPORTANTANDREQUIRESYOURIMMEDIATEATTENTION*foridentificationpurposesonly28thApril,2010PageDefinitions.........................................................1LetterfromtheBoardIntroduction....................................................5Proposedre-electionofDirectors.....................................6ProposedgrantofRepurchaseMandateandIssueMandate..................7TheContinuingConnectedTransactions................................8TheRevisedCaps................................................10ReasonsforandbasisindeterminingtheRevisedCaps.....................10ListingRulesrequirements.........................................11General.......................................................12AnnualGeneralMeeting,SpecialGeneralMeetingandproxyarrangement.......12Recommendations................................................13Additionalinformation............................................13LetterfromtheIndependentBoardCommittee.............................14LetterfromPartnersCapital...........................................15AppendixI–BiographiesofDirectorsproposedtobere-electedattheAnnualGeneralMeeting............................29AppendixII–ExplanatorystatementontheRepurchaseMandate............32AppendixIII–Generalinformation....................................35NoticeofAnnualGeneralMeeting.......................................39NoticeofSpecialGeneralMeeting.......................................43CONTENTS–i–Inthiscircular,unlessthecontextotherwiserequires,thefollowingexpressionsshallhavethefollowingmeanings:“2008ShareOptionScheme”theshareoptionschemeoftheCompanyadoptedon11thNovember,2008andcameintoeffecton14thNovember,2008;“AnnualGeneralMeeting”theannualgeneralmeetingoftheCompanytobeheldatAlexandraRoom,2ndFloor,MandarinOrientalHongKong,5ConnaughtRoadCentral,HongKongonFriday,28thMay,2010at9:00a.m.;“ApprovedCaps”theestimatedannualmon