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The 1st Board of Directors Meeting for the year 2010 of Beijing Borui Dongmao Automobile Sale Service Co., Ltd was held.

On 6th April 2010, Tokyo Boeki Steel & Materials’ one of the Joint Venture Companies, “Beijing Borui Dongmao Automobile Sale Service Co., Ltd” had its first board of directors meeting at Tokyo Boeki Steel & Materials’ Head Quarters in Tokyo.

The meeting was attended by the joint venture company’s Mr. Zhang Tong, Chairman and Mr Yang Xiaodi, Director both of them were originally from a company called Automobile Repair Company of Beijing (=ARCB) which was the Chinese joint venture partner and Mr Tanaka (a director of the joint venture company and also President & CEO of Tokyo Boeki Steel & Materials Ltd.) and all the participants approved the joint venture company’s budget for the year 2010. After the meeting, the participants paid courtesy call to meet with Mr Machida, Chairman and CEO of Tokyo Boeki Ltd..

This Joint Venture Company is authorized to run the automotive 3S business for Guangzhou Toyota Motor Company’s Products (Sales, Spare Parts Supply, Servicing of vehicles/S Parts) in China. Tokyo Boeki Steel & Materials Ltd. launched these Automotive 3S Businesses aiming to explore new business opportunities in the growing Chinese Automotive industry.