Nanjing Automotive is due to restart production of the MG TF roadster at Longbridge on Tuesday 29 May.
The Chinese firm said that it intends to start selling the cars in the second half of the year.
It is unclear whether or not the TFs will be fully built at Longbridge or merely assembled from kits shipped from China.
Nanjing has already started initial production of the MG7 – its version of the former MG ZT saloon – at its factory in China.
Nanjing said that it has 98 British dealers interested in selling the new MGFs. Rival Chinese firm SAIC, which bought the rights to the ZT’s sister car, the Rover 75, is planning to sell that through SsangYong dealerships.