Goodyear's statement on the "National Expulsion of Agents"

Recently, it was reported that "the special security case triggered a chain reaction to drive out the agents in the country." On October 27th, the reporter received a declaration made by Goodyear on the matter, saying that the contract version signed between Goodyear and the agent is In compliance with relevant national laws and regulations. The method of dissolving the cooperation contract with the dealer in Chongqing fully complies with the contractual provisions of both parties.

The full text is as follows:

With regard to the report entitled "Come for Prosecution for Chongqing Goodyear Change Agent Chongqing" published on "Chongqing Evening News" on October 23, 2009, our company stated in the following respects:

First, Goodyear is committed to long-term, healthy development in China, and strives to maintain a good cooperative relationship with its business partners to jointly provide innovative and reliable products and perfect after-sales services for the local market.

2. The relationship between Goodyear and its agents is based on the principle of fairness and voluntariness. It is based on the legal and reasonable business practices of cooperation between parties that are recognized and signed. It should also meet the needs of both parties' business development and eventually reach a total Winning situation.

3. Goodyear provides support and assistance to agents and other business partners in the following areas: 1. To help agents understand the local market; 2. To provide a suitable product mix based on market demand; 3. To actively develop a healthy retail network;

4. Provide personnel training for agents. At the same time, according to the provisions of the contract, the agents should also achieve the expected goals of both parties in the corresponding business indicators and service retailers.

Fourth, the contract version signed between Goodyear and the agent is in compliance with the relevant national laws and regulations. The method of dissolving the cooperation contract with the dealer in Chongqing fully complies with the contractual provisions of both parties.

V. Goodyear's irresponsible and exaggerated allegations that have caused damage to Goodyear's reputation, as well as any dissemination of information that does not conform to the facts to other public, including the media, will retain the rights that are legally pursued.

Dalian Goodyear Tire Co., Ltd.

October 26, 2009