Corporate Presentation December 2016
Sales Performance Jan.-Nov. 2016 Overall: 657,621 units, +44% YoY Domestic: 637,224 units +48% YoY Exports: 20,397 units -18% YoY A-segment Sedans (New Emgrand+Vision+Emgrand GS/GL) 408,315 units +38% YoY SUVs (GX7+Vision SUV+Boyue) 142,921 units +161% YoY 2
Sales Performance Jan.- Nov. 2016 Domestic Sales Volume (3MMA+/-%) 100% 80% KingKong 60% 40% 20% 0% 2011 6 9 12 3 6 8 12 3 6 9 12 3 6 9 12 3 6 9 12 3 6 9 -20% -40% (54,125 units +7%YoY) -60% Monthly Sales Volume 120,000 exports 100,000 domestic Vision 80,000 60,000 40,000 (125,659 units +19%YoY) 20,000 - 2010 4 7 10 2011 4 7 10 2012 4 7 10 2013 4 7 10 2014 4 7 10 2015 4 7 10 2016 4 7 10 3
Key Model – New Emgrand Monthly Sales Volume of New Emgrand 35,000 30,000 25,000 20,000 15,000 10,000 5,000 0 2014 10 2015 4 7 10 2016 4 7 10 • Enhanced safety & comfort • New turbo engines with larger power & better fuel efficiency • New 6-speed manual gearbox • NVH noise cancellation technology • Enhanced storage space • Bosch’s V9.0 ABS+EBD • HHC (Hill Hold Control) • ESC (Electronic Stability Control) • G-Netlink infotainment system with voice control • G-Link mobile connectivity system 4
Key Model – New Vision Monthly Sales Volume of Vision 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 - 2014 10 12 2 4 6 8 10 2016 2 4 6 8 10 • Enhanced safety & comfort • More efficient turbo engines • New 6-speed manual gearbox • 360 O 3-sensor parking assist system • PEPS (Passive Entry/Passive Start) • NVH noise cancellation technology • 4 Wheel Disc Brakes • Bosch’s V9.0 ABS+EBD • Enhanced storage space • G-Link mobile connectivity system 5
Key Product – GC9 Monthly Sales Volume of GC9 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 2015 5 7 9 11 2016 3 5 7 9 11 • New brand image, market positioning & design philosophy • New 1.8T and 3.5L V6 engines • Fastback & sporty design • Top international suppliers • New manufacturing facilities • Harman Infinity@ Entertainment • City Safety, ACC Cruising, PAS JLE-4G18TD Parking, LDW Alert, HUD Display, EPB Brake & AQS Air Quality Control 6
New Product – Boyue Monthly Sales Volume of Boyue 20,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 2016 4 5 6 7 8 9 10 11 Engine: 1.8T, 2.0L Transmissions : 6MT, 6AT 4519/1831/1694 Dimension: Wheelbase: 2670 Power: 135Kw (1.8T) Max. Torque: 285/1500-4000 N.m/rpm(1.8T) RMB98,800-157,800 MSRP: 7
New Product – Emgrand GS Monthly Sales Volume of Emgrand GS 12,000 10,000 8,000 6,000 4,000 2,000 0 2016 6 7 8 9 10 11 Engine: 1.3T, 1.8L Transmissions : 6DCT, 6MT Dimension: 4440/1833/1560 2700 Wheelbase: Power: 95kw/5500rpm (1.3T) Max. Torque: 185/1750-4500N.m/rpm MSRP: RMB77,800-108,800 8
Upcoming New Products • 2016 • New A+ segment sedans (Emgrand GL) • New compact SUVs (Vision SUVs) • Hybrid electric sedans 2016 sales volume target at 700,000 units (+37% over 2015) • 2017 • First batch of new models from CMA (Compact Modular Architecture) platform, developed jointly by Volvo Car and Geely Auto. 9
LYNK & CO • New global brand and innovative business model • Personal, Connected and Open • Supported by new vehicle models developed from CMA • Ultra efficient powertrains, characterized by traditional and electrified powertrains, 7-speed DCT and manual gearbox • Fixed and transparent prices • Sold online or in owned stores • First vehicle model: Lynk&Co01 • Start in 4Q 2017 in China, 10 followed by Europe and USA
Dealer/Brand Restructuring Number of Dealers in China 1100 1068 1000 981 976 973 900 941 943 800 838 700 751 694 691 685 600 500 3 brands & 1 brand & 2 brands 3 dealer 1 dealer & 2 dealer networks network networks (2008) (2014) 11
Customer Service Satisfaction J.D.Power Asia Pacific 2016 China Customer Service Index (CSI) Study SM Brand Points# Overall Rank Sector Rank* Geely 741 8 3 Mass Market Average 674 # based on a 1,000-point scale and study of 74 passenger vehicle brands in China * ranking amongst Chinese domestic brands Source: J.D.Power Asia Pacific 2016 China Customer Service Index (CSI) Study SM 12
Auto Finance Joint Venture • Located in Shanghai • RMB900m registered capital 20% 80% • 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 13
Financial Performance Annual Sales Average Ex-factory Net Profit Volume Price 3,000 600,000 60,000 2,500 500,000 50,000 2,000 400,000 40,000 1,500 300,000 30,000 1,000 200,000 20,000 500 100,000 10,000 - - 0 2005 2007 2009 2011 2013 2015 2005 2007 2009 2011 2013 2015 2005 2007 2009 2011 2013 2015 Return on Equity Cash Dividend Per Export Sales Share (HK Cents) Volume 25% 5.0 140,000 21% 20% 20% 4.5 19% 120,000 16%17% 17% 4.0 16% 100,000 15% 3.5 14% 13% 3.0 80,000 12% 2.5 10% 60,000 2.0 8% 1.5 40,000 5% 1.0 20,000 0.5 0% - - 2005 2007 2009 2011 2013 2015 2005 2007 2009 2011 2013 2015 2005 2007 2009 2011 2013 2015 14
2016 Interim Results In Brief +36% Attributable profit increased to RMB1.91 billion +17% +11% Rise in Average Total sales volume to 280,337 units Unit Price 17.7% 13.4% RMB 9 bn Operating margin Gross margin ratio Net cash up from ratio improved to RMB7.3 bn to stabilized at * Gross profit margin ratio = gross profit / turnover ** Operating margin ratio = (pre-tax margin before net finance costs , share-based payments and share of results of associates and joint ventures) / turnover ## Net cash = all cash /bank deposits – all bank borrowings – senior notes 15
Strategy • 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 691 dealers in China; • 23 sales agents, 355 sales and service outlets in 24 oversea countries; • Vehicle finance JV with BNP Paribas Personal Finance • Branding 3-year transition period from three brands to single brand; • Single brand for export markets 16
New Energy Strategy 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 17
New Product – Emgrand EV Monthly Sales Volume of Emgrand EV 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0 2016 3 4 5 6 7 8 9 10 11 • Power: 95kw • Torque: 250 Nm • Top Speed: 140km/h • Acceleration: 4.3s (0-50km/h) • Range: 330km @ 60km/h • Range: 253km (combined) • Battery Capacity: 45kWh (NCM) • Two Charging Ports: Slow (14 hours) / Fast (48 minutes) 18
Geely Automobile in Figures Year started: 1998 Total workforce: 23,929 (on 30/6/2016) Manufacturing facilities: 7 plants in China + 1 JV plant in Belarus 13 major models under 5 platforms Products: Distribution network: 691 dealers in China; 23 sales agents, 355 sales and service outlets in 24 oversea countries 2015 sales volume: 510,097 units (95% in China market) US$4.7 billion 2015 revenues: Market Capitalization: US$9,5 billion (7 December 2016) 19
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. 20
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