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Corporate Presentation December 2017

Corporate Presentation - Geely€¦ · Corporate Presentation December 2017. 611,597 units +50% YoY 368,112 units +158% YoY Overall: 1,093,491 units, ... 11 3 5 7 9 11 12 3 5 7 9

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Page 1: Corporate Presentation - Geely€¦ · Corporate Presentation December 2017. 611,597 units +50% YoY 368,112 units +158% YoY Overall: 1,093,491 units, ... 11 3 5 7 9 11 12 3 5 7 9

Corporate Presentation

December 2017

Page 2: Corporate Presentation - Geely€¦ · Corporate Presentation December 2017. 611,597 units +50% YoY 368,112 units +158% YoY Overall: 1,093,491 units, ... 11 3 5 7 9 11 12 3 5 7 9

611,597 units +50% YoY

368,112 units +158% YoY

Overall: 1,093,491 units, +66% YoYDomestic: 942,494 units +70% YoY

Exports: 10,914 units -46% YoY

Sales PerformanceJan.- Nov. 2017

A-segment Sedans

(New Emgrand+Vision+Emgrand GS/GL)

SUVs (Vision SUV+Boyue)

2

Page 3: Corporate Presentation - Geely€¦ · Corporate Presentation December 2017. 611,597 units +50% YoY 368,112 units +158% YoY Overall: 1,093,491 units, ... 11 3 5 7 9 11 12 3 5 7 9

Sales PerformanceJan. 2011 - Nov. 2017

3-60%

-40%

-20%

0%

20%

40%

60%

80%

100%

120%

140%

201

1 5 7 9

11

201

2 3 5 7 8

11

201

3 3 5 7 9

11

201

4 3 5 7 9

11

201

5 3 5 7 9

11

201

6 3 5 7 9

11

201

7 3 5 7 9

11

Domestic Sales Volume (3MMA+/-%)

-

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

20

11 3 5 7 9

11

20

12 3 5 7 9

11

20

13 3 5 7 9

11

20

14 3 5 7 9

11

20

15 3 5 7 9

11

20

16 3 5 7 9

11

20

17 3 5 7 9

11

exports

domestic

Monthly Sales Volume

Page 6: Corporate Presentation - Geely€¦ · Corporate Presentation December 2017. 611,597 units +50% YoY 368,112 units +158% YoY Overall: 1,093,491 units, ... 11 3 5 7 9 11 12 3 5 7 9

Key Model – Boyue

6

Engine: 1.8T, 2.0L

Transmissions: 6MT, 6AT

Dimension: 4519/1831/1694

Wheelbase: 2670

Power: 135Kw (1.8T)

Max. Torque: 285/1500-4000

N.m/rpm(1.8T)

MSRP: RMB98,800-157,800

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

Monthly Sales Volume of Boyue

Page 7: Corporate Presentation - Geely€¦ · Corporate Presentation December 2017. 611,597 units +50% YoY 368,112 units +158% YoY Overall: 1,093,491 units, ... 11 3 5 7 9 11 12 3 5 7 9

Key Model – Emgrand GS

7

Engine: 1.3T, 1.8L

Transmissions: 6DCT, 6MT

Dimension: 4440/1833/1560

Wheelbase: 2700

Power: 95kw/5500rpm (1.3T)

Max. Torque: 185/1750-4500N.m/rpm

MSRP: RMB77,800-108,800

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

20,000

Monthly Sales Volume of Emgrand GS

Page 8: Corporate Presentation - Geely€¦ · Corporate Presentation December 2017. 611,597 units +50% YoY 368,112 units +158% YoY Overall: 1,093,491 units, ... 11 3 5 7 9 11 12 3 5 7 9

Key Model – Vision SUV

8

Engine: 1.3T, 1.8L

Transmissions: 8CVT, 5MT

Dimension: 4500/1834/1707

Wheelbase: 2661

Power: 98kw/5500rpm (1.3T)

Max. Torque: 185/2000-4500N.m/rpm

MSRP: RMB81,900-101,900

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

Monthly Sales Volume of Vision SUV

Page 9: Corporate Presentation - Geely€¦ · Corporate Presentation December 2017. 611,597 units +50% YoY 368,112 units +158% YoY Overall: 1,093,491 units, ... 11 3 5 7 9 11 12 3 5 7 9

Key Model – Emgrand GL

9

Engine: 1.3T, 1.8L

Transmissions: 6DCT, 6MT

Dimension: 4825/1802/1478

Wheelbase: 2700

Power: 95kw/5500rpm (1.3T)

Max. Torque: 185/1750-4500N.m/rpm

MSRP: RMB78,800-113,800

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

Monthly Sales Volume of Emgrand GL

Page 10: Corporate Presentation - Geely€¦ · Corporate Presentation December 2017. 611,597 units +50% YoY 368,112 units +158% YoY Overall: 1,093,491 units, ... 11 3 5 7 9 11 12 3 5 7 9

New Energy Strategy

10

Energy Efficiency < 5.0L/100Km

by 2020

Affordable PHEVs at Prices of Traditional Cars

New Energy Vehicles = 90% of Total Sales

(PHEV/HEV:65% EV:35%)

Successful Development of Hydrogen/Metal Fuel Battery Vehicles

Leading New Energy, Smart Car and Light Weight Technologies

Emgrand EV300

• Power/Torque: 95kw/240Nm

• Top Speed: 140km/h

• Acceleration: 4.3s (0-50km/h)

• Range: 360km @ 60km/h

• Range: 300km (combined)

• Battery Capacity: 41kWh (NCM)

• Two Charging Ports: Slow (7 hrs) / Fast (45 mins)

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

Monthly Sales Volume of Emgrand EV

Page 11: Corporate Presentation - Geely€¦ · Corporate Presentation December 2017. 611,597 units +50% YoY 368,112 units +158% YoY Overall: 1,093,491 units, ... 11 3 5 7 9 11 12 3 5 7 9

11

New Products

2017 sales volume target revised at 1,100,000 units (+44% over 2016)

• Two new Compact SUVs, including Vision X1, Vision X3 launched

• New Crossover model Vision S1

• Upgraded versions of existing major models

• New HEV, PHEV models

• First batch of new models from CMA (Compact Modular Architecture) platform, developed jointly by Volvo Car and Geely Auto.

Page 12: Corporate Presentation - Geely€¦ · Corporate Presentation December 2017. 611,597 units +50% YoY 368,112 units +158% YoY Overall: 1,093,491 units, ... 11 3 5 7 9 11 12 3 5 7 9

12

Lynk & Co

• Global brand, Global manufacturing, European design & technologies, Innovative business model

• JV with 5:3:2 shareholding structure of the listed group, Volvo Car and the parent group

• Flexible subscription and outright purchase packages

• Equipped with efficient car sharing technologies

• Supplement current market coverage by Geely (mass) and Volvo brands (premium), targeting at global high-end market segment

• Fixed and transparent prices; Sold online or in dealership stores

Lynk&Co01

Lynk&Co03

Page 13: Corporate Presentation - Geely€¦ · Corporate Presentation December 2017. 611,597 units +50% YoY 368,112 units +158% YoY Overall: 1,093,491 units, ... 11 3 5 7 9 11 12 3 5 7 9

13

Lynk & Co• Supported by new vehicle models

developed from CMA

• Personal, Open and Connected

• Ultra efficient powertrains, characterized by traditional and electrified powertrains, 7-speed DCT and manual gearbox

• First vehicle model: Lynk&Co01 to be manufactured by the plant operated by Volvo Car

• 4Q 2017 in China via 200 stores in 120 cities

• Lifetime warranty, roadside assist & free data

• 1Q 2019 in Europe, followed by USA; 10 new models by 2020

Lynk&Co01

Lynk&Co03

Lynk&Co03

Page 14: Corporate Presentation - Geely€¦ · Corporate Presentation December 2017. 611,597 units +50% YoY 368,112 units +158% YoY Overall: 1,093,491 units, ... 11 3 5 7 9 11 12 3 5 7 9

Brand Points# Overall Rank Sector Rank*

Geely 735 4 1

Mass Market Average 703

J.D.Power Asia Pacific2017 China Customer Service Index (CSI) StudySM

Source: J.D.Power Asia Pacific 2017 China Customer Service Index (CSI) StudySM

# based on a 1,000-point scale and study of 74 passenger vehicle brands in China

* ranking amongst Chinese domestic brands

14

Customer Service Satisfaction

Page 15: Corporate Presentation - Geely€¦ · Corporate Presentation December 2017. 611,597 units +50% YoY 368,112 units +158% YoY Overall: 1,093,491 units, ... 11 3 5 7 9 11 12 3 5 7 9

15

Auto Finance Joint Venture

80% 20%

• Located in Shanghai

• RMB900m registered

capital

• Commenced operation in

September 2015

• Wholesales financing

solutions to dealers

• Retail financing solutions

to end-customers

• Focusing on Tier-1 & -2

cities initially

• Supporting both Geely

and Volvo Car brands

• Progressively covering the

whole China market

Page 16: Corporate Presentation - Geely€¦ · Corporate Presentation December 2017. 611,597 units +50% YoY 368,112 units +158% YoY Overall: 1,093,491 units, ... 11 3 5 7 9 11 12 3 5 7 9

Intelligence-entertainment integrated digital tube

Powertrain

system with

Intellectual

central

Control

Ecological

driving tube

Interactive

health

sensation

system

Blue “heart”

energy

strategy

Healthy

Ecological

Techonolgy

iN - Intelligent+Integration+IN Trend

TEC - Technologhy

G-PILOTG-POWER G-NETLINK

Intellectual

Driving

Technolgoy

High Efficient

Powertrain

Technology

Intellectual

Mobility

System

G-BLUE

Safety

recognition

circle

Four-

dimensional

passengers

protection

system

G-SAFETY

Humanism

Safefy Design

Intellectual

driving central

controlling

system

16

Geely iNTEC Structure

Page 17: Corporate Presentation - Geely€¦ · Corporate Presentation December 2017. 611,597 units +50% YoY 368,112 units +158% YoY Overall: 1,093,491 units, ... 11 3 5 7 9 11 12 3 5 7 9

Financial Performance

0

2

4

6

8

10

12

2007 2009 2011 2013 2015

Cash Dividend per Share

(HK Cents)

17

-

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

2007 2009 2011 2013 2015 2017_1H

Average Ex-factory Price

0

1000

2000

3000

4000

5000

6000

2007 2009 2011 2013 20152017_1H

Net Profit

18%21%

19%17%16%16%17%

8%12%

21%

31%

0%

5%

10%

15%

20%

25%

30%

35%

2007 2009 2011 2013 2015 2017_1H

Return on Equity

-

20,000

40,000

60,000

80,000

100,000

120,000

140,000

2007 2009 2011 2013 2015 2017_1H

Export Sales Volume

0

100,000

200,000

300,000

400,000

500,000

600,000

700,000

800,000

900,000

2007 2009 2011 2013 20152017_1H

Sales Volume

Page 18: Corporate Presentation - Geely€¦ · Corporate Presentation December 2017. 611,597 units +50% YoY 368,112 units +158% YoY Overall: 1,093,491 units, ... 11 3 5 7 9 11 12 3 5 7 9

Strategy

18

Products • Platform and modular architecture;

• Focus on powertrain technology;

• In-house international design capabilities;

• Joint product architecture with Volvo Car;

• Focus on EV, PHEV & HEV to speed up new energy product

offerings;

• Strategic alliance to upgrade technologies

Services • More than 920 dealers in China;

• 24 sales agents, 489 sales and service outlets in 23 oversea

countries;

• Vehicle finance JV with BNP Paribas Personal Finance

Branding • “Geely” brand for mass market;

• “Lynk&Co” brand for upper market

Page 19: Corporate Presentation - Geely€¦ · Corporate Presentation December 2017. 611,597 units +50% YoY 368,112 units +158% YoY Overall: 1,093,491 units, ... 11 3 5 7 9 11 12 3 5 7 9

Geely Automobile in Figures

Year started: 1998

Total workforce: 35,100 (on Dec. 31st, 2016)

Manufacturing facilities: 9 plants in China + 1 JV plant in

Belarus

Products: 10 major models under 5 platforms

Distribution network: More than 920 dealers in China;

24 sales agents, 489 sales and service

outlets in 23 oversea countries

2016 sales volume: 765,970 units (97% in China market)

2016 revenues: US$7.9 billion

Market Capitalization: US$29.7 billion (on Dec 8th, 2017)

19

Page 20: Corporate Presentation - Geely€¦ · Corporate Presentation December 2017. 611,597 units +50% YoY 368,112 units +158% YoY Overall: 1,093,491 units, ... 11 3 5 7 9 11 12 3 5 7 9

Important Notice

The information contained herein is meant for presentation purposes only and may not be used

and relied upon by any other party. It is not to be taken in substitution for the exercise of judgement. You shall be solely responsible for making your own independent investigation of the merits of the discussions mentioned in this presentation. Geely Automobile Holdings Limited does not make any representations, warranty or guarantee as to the accuracy, completeness or correctness of the contents contained herein. The reproduction and/or dissemination of the contents herein is prohibited without our prior approval. Geely Automobile Holdings Limited and its officers, directors and employees accept no liability whatsoever for any direct or consequential loss howsoever arising from any use of this presentation or further communication given in relation to this presentation or its contents or otherwise arising in connection therewith.

Note: Sources of all data contained in this presentation are from Geely Automobile Holdings Ltd., except specified otherwise.

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