Dongfeng Honda Automobile Co., Ltd., a Honda automobile production and sales joint venture in China, has announced plans to build a third automobile production plant to meet increasing demand from the continuously growing automobile market in China. The announcement included a groundbreaking event in Wuhan, China.

Dongfeng Honda plans to build the third plant on a 1.2 million-square-meter plot acquired by the company, located approximately 8 km southeast of the company's first plant within Wuhan Economic & Technological Development District.

With an investment of approximately 3 billion R.M.B., the new plant is scheduled to become operational in the first half of 2019, with annual production capacity of 120,000 units.

Moreover, this new plant will be designed with a concept to accommodate production of electrified automobiles, where demand is expected to expand in the coming years in the automobile market in China.

(Continued on the next page)