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Wayne County Department of Economic Development & the Detroit International Auto Salon Meet Seven Chinese Municipal Governments in Eight Days
Friday September 5, 1:51 pm ET


DETROIT, MI--(MARKET WIRE)--Sep 5, 2008 -- Dr. Mulugetta Birru, Executive Director of Economic Development Department in Wayne County, Michigan, and Mr. Eric Huang, Chairman and CEO of the Detroit International Auto Salon (DIAS) (OTC BB:DSHL.OB - News), returned last week after an eight day trade mission that successfully engaged several municipal governments in China to promote opportunities for Wayne County and DIAS. Government officials, executives from private industry and associations gathered in seven cities to welcome the U.S. delegation.

"We achieved our goals to engage representatives of Shanghai, Changsha, Xiangtan, Changzhou, Wuxi, Hangzhou, Changchun and Beijing," said Dr. Birru. "In a short time, we impressed them with the possibilities to partner with us."

Dr. Birru and Mr. Huang's delegation arrived in China on August 23rd for the purpose of attracting premier Chinese businesses to Wayne County. Well known in China after sixteen prior visits, Dr. Birru is viewed as one of the most respected U.S. municipal officials. With his extensive relationships and expertise, he has brokered cooperation between Wayne County and county businesses with appropriate government institutions and businesses within China.

"Because Detroit is famous as the world capital of the automotive industry, there are many ways that emerging and entrepreneurial Chinese companies can learn from the experiences within Wayne County," explained Eric Huang. "During this brief but intense trip, we had substantial discussions with key Chinese municipal executives, including Deputy Executive Mayor of Changchun city, the Honorable Jiang Zhiying, the Honorable Xiang Lili, Director General of the Hunan Provincial Department of Commerce, and Mr. Ai Bin, the Director of Beijing Municipal Bureau of Industrial Development Department of Automobile and Transportation Equipment," reported Mr. Huang.

"These preliminary discussions normally lead to the establishment of strategic cooperative agreements with these cities," said Dr. Birru. "For instance, Wayne County was invited to set up branch offices in these cities, enabling both parties to strengthen their communications and relationships, ultimately leading to better trade between our County and these cities."

In addition to meetings with municipalities and government agencies, Dr. Birru met several large and successful Chinese enterprises, including FAWER, Rzying, and carmakers, Geely, Changfeng and FAW-VW.

Dr. Birru summarized what makes Wayne County and DIAS attractive for China companies. "The county has very attractive infrastructure for these companies to operate and distribute. With our two airports, and seaport, Wayne County has premier logistical services to support air and sea cargo for distribution into the Midwest and eastern seaboard. Furthermore, the county is a very attractive location for R & D centers because of the proximity of many world-renowned colleges and universities. This November, Wayne County, with the support from DIAS, will host seminars at the major China International Auto Parts Expo. There, Wayne County Executive, Robert A. Ficano, will highlight the many attractive business and community facets to the Chinese business community."

About the DIAS Holding, Incorporated (OTC BB:DSHL.OB - News):

DIAS Holding, Inc. ("DIAS," f/k/a JPC Capital Partners) is a Delaware Corporation servicing the multi-billion dollar industry of providing automotive, trucking, railway and petroleum industries with raw, finished and assembled components. The company's major holdings include Asia Forging Supply Company, Limited of Taiwan, a prime contractor for a network of factories throughout Asia, and the Detroit International Auto Salon, a wholly-owned subsidiary, and the largest independent, year-round exhibition center for automotive products located in Allen Park, MI. For more information about DIAS Holding, Inc., please visit www.diasholding.com.

http://biz.yahoo.com/iw/080905/0431111.html