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COMPANY PROFILE

>  Founded in 1990, listed on the Nasdaq Stock Market since 1996 under the trading symbol ''HIHO''.

>  A leading OEM/ODM manufacturer of various components, subassemblies and products for multinational companies.

>  Designing and manufacturing film camera, underwater products, specialized LCD-TV/Monitors, LED lights, light fixtures, watches and clocks.

>  Operations in Hong Kong , China.

>  Long Hua, Shenzhen, China manufacturing facility occupies approx. 450,000 square feet.

>  He Yuan , Guangdong , China manufacturing facility occupies approx. 30,000 square feet.

>  Ping Hu, Shenzhen , China manufacturing facility occupies approx. 150,000 square feet.

>  Wu Xi, Jiangsu , China manufacturing facility occupies approx. 50,000 square feet.

>  Approx. 2,000 employees.

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CORPORATE HISTORY ¡@

>  1990 Highway Holdings Limited established, acquired Nissin Precision Metal Manufacturing Limited, and transferred the manufacturing operation to China .

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>  1992 Acquired Hi-lite Camera Company Limited. Transferred the camera operation to China .

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>  1993 Established Saiwan Industries Limited for plastic injection molding capability.

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>  1994 Founded Kayser Print Limited; this subsequently evolved into Kayser Technik Limited the marketing arm for all German/European OEM business. ¡@

>  1996 Company listed on the Nasdaq market under trading symbol ''HIHO''.

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>  1997 Acquired assets of German clock manufacturing company, Kienzle Uhrenfabriken GmbH, and transferred clock manufacturing operation to China.

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>  1998 Acquired the trademark ''Kienzle'', a 178 year-old German brand name recognized for excellence in clock and watch manufacturing.

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>  1999 Established a German marketing office and warehouse for clocks and watches under ''Kienzle'' brand. ¡@

>  2005 Established Wuxi Kayser Metal Mfg. Ltd. manufacturing of metal components.

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>  2006 Acquired Golden Bright Plastic Manufacturing Company Limited. Plastic injection molding and mold making operation. ¡@

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