2017 ANNUAL REPORT
            
            
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              3
            
            
              GB Auto at a Glance......................................................04
            
            
              Message from the CEO.................................................10
            
            
              Highlights of 2017..........................................................12
            
            
              Management Review and
            
            
              Financial Performance..................................................14
            
            
              Our Strategy..................................................................18
            
            
              Regional Footprint.........................................................20
            
            
              GB Auto (Auto & Auto Related)....................................22
            
            
              GB Capital......................................................................40
            
            
              Organizational Structure...............................................46
            
            
              Board of Directors.........................................................48
            
            
              Management.................................................................52
            
            
              Our People. ...................................................................58
            
            
              Corporate Social Responsibility. ..................................60
            
            
              Audited Financial Statements......................................62
            
            
              
                CONTENTS
              
            
            
              As an industry leader with a decades-long
            
            
              track record, GB Auto is no stranger to
            
            
              change. In fact, change is the cornerstone
            
            
              of what we believe is our successful
            
            
              growth story, allowing us to dynamically
            
            
              react to challenges and come out the
            
            
              other end a transformed operation.
            
            
              
                An Evolving Story