March 1, 2005 - Bristol Investment Group Completes $8.0 million Financing for China Autoparts, Inc.

NEW YORK - Bristol Investment Group acted as financial advisor and placement agent to China Autoparts, Inc. in a $8.0 million financing.

China Autoparts, Inc. is the Delaware parent/holding company for Chengdu Tonglin Casting Industrial Co., Ltd., of Chengdu, China (the "Company"). The Company is a manufacturer of 20 different engine blocks which accommodates three or four cylinders for cars, mini vans and light trucks. The Company uses a factory facility in Chengdu with over 9.5 acres of production, warehouse and office space and currently has approximately 1,200 employees.

On January 25, 2005, the Company entered into a Stock Purchase Agreement among the Company, the Chairman and JE Castings Investments. Pursuant to the Agreement, the Chairman sold 1,818,182 shares of our Common Stock to JE Castings for an aggregate purchase price of US$3 million and the Company issued Preferred Stock to JE Castings for an aggregate purchase price of US$5 million, for a total financing of $8 million. JE Casting is a subsidiary of JE Capital of Hong Kong, which is affiliated with Johnson Electric Holdings Limited (www.johnsonelectric.com) based on Beijing, China, an automotive and commercial motor company with over 32, 000 employees worldwide. Johnson Electric has been listed on the Hong Kong Stock Exchange since 1984 and has American Depository Receipts listed under JELCY.PK. For the year ended March 31, 2005, Johnson Electric has revenue of $1.1 billion, net income of $142 million and shareholders’ equity of $820 million.

About Bristol Investment Group, Inc.

Bristol Investment Group, Inc. is a private investment banking firm focused on serving the needs of high growth public and private companies who require capital, strategic planning and merger and acquisition advice. The members of the firm have a broad range of experience in raising debt and equity capital, structuring and financing acquisitions, arranging joint ventures and managing companies. Mr. Alan Donenfeld, President of Bristol, formed the company in 1990 with the mission of providing a high standard of investment banking services to small and middle market public and private companies. Bristol is a broker/dealer firm registered with the National Association of Securities Dealers (NASD) and is member of the Securities Investor Protection Corporation (SIPC). For more information on Bristol Investment Group call 212-572-6306 or visit www.BristolDirect.com website.

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