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Corporate Presentation May 2019

GeelyAuto-Presentation—MAY 2019geelyauto.com.hk/core/files/presentation/en/Presentation_May_2019.… · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average

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Page 1: GeelyAuto-Presentation—MAY 2019geelyauto.com.hk/core/files/presentation/en/Presentation_May_2019.… · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average

Corporate Presentation

May 2019

Page 2: GeelyAuto-Presentation—MAY 2019geelyauto.com.hk/core/files/presentation/en/Presentation_May_2019.… · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average

Sales PerformanceApril. 2019

2

Overall:Domestic:Exports:

470,496 units -9% YoY443,609 units -13% YoY26,887 units +435% YoY

NEEVs31,460 units +483%Sedans(New Emgrand+Vision+Emgrand GL+Kingkong+Borui+Binrui+03)175,714 units -16% YoYSUVs (Vision SUV+Boyue+X1+X3+S1+Emgrand GS+Binyue+01+02)257,390 units -14% YoY

MPV5,932 units

Page 3: GeelyAuto-Presentation—MAY 2019geelyauto.com.hk/core/files/presentation/en/Presentation_May_2019.… · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average

2018

2017

2016

New Energy and Electrified Vehicles

3

- 200 400 600

2016

2017

*2018

EV - Range Per Charge (km)

0 100 200 300

2016

2017

*2018

Price Range (RMB '000)

Emgrand EV

Emgrand EV300 Emgrand PHEV

Borui GE MHEV Borui GE PHEV 01 PHEV

Emgrand EV350 Emgrand EV450 GSe

New NEEV models

0 20000 40000 60000 80000

2016

2017

2018

NEEVs - Sales Volume (units)

Page 4: GeelyAuto-Presentation—MAY 2019geelyauto.com.hk/core/files/presentation/en/Presentation_May_2019.… · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average

Sales Performance

4

*End to April

020,00040,00060,00080,000

100,000120,000140,000160,000180,000

2016 3 5 7 9 11

2017 3 5 7 9 11

2018 3 5 7 9 11

2019 3

exportsdomestic

Monthly Sales Volume

-40%

-20%

0%20%

40%60%

80%100%

120%140%

2016 3 5 7 9 11

2017 3 5 7 9 11

2018 3 5 7 9 11

2019 3

Domestic Sales Volume (3MMA+/-%)

0.00%1.00%2.00%3.00%4.00%5.00%6.00%7.00%8.00%9.00%

2016 3 5 7 9 11

2017 3 5 7 9 11

2018 3 5 7 9 11

2019 3

Market Share

51.2

76.6

124.7

150.1

47.0 2.40%

3.10%

5.00%

6.30%6.88%

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%

7.00%

8.00%

0

20

40

60

80

100

120

140

160

2015 2016 2017 2018 2019*

Yearly Sales Vol & Market Share

Page 5: GeelyAuto-Presentation—MAY 2019geelyauto.com.hk/core/files/presentation/en/Presentation_May_2019.… · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average

New Emgrand & Vision

5

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

2016 2 3 4 5 6 7 8 9 10 11 12

2017 2 3 4 5 6 7 8 9 10 11 12

2018 2 3 4 5 6 7 8 9 10 11 12

2019 2 3 4

Monthly Sales Volume of New Emgrand(incl. Emgrand EV)

-

5,000

10,000

15,000

20,000

25,000

2016 2 3 4 5 6 7 8 9 10 11 12

2017 2 3 4 5 6 7 8 9 10 11 12

2018 2 3 4 5 6 7 8 9 10 11 12

2019 2 3 4

Monthly Sales Volume of Vision

Page 6: GeelyAuto-Presentation—MAY 2019geelyauto.com.hk/core/files/presentation/en/Presentation_May_2019.… · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average

Borui GE

6

Powertrain:

Dimension: Wheelbase: Power:Max. Torque: MSRP:Fuel consumption�

1.5TD+48V BSG +7DCT1.5TD+EV Motor+7DCT4986/1861/15132870142kw/192kw300/425 N.m/rpm RMB 136,800-199,8005.8L/100km 1.6L/100km

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

2016 2 3 4 5 6 7 8 9 10 11 12

2017 2 3 4 5 6 7 8 9 10 11 12

2018 2 3 4 5 6 7 8 9 10 11 12

2019 2 3 4

Monthly Sales Volume of Borui(incl. Borui GE)

Page 7: GeelyAuto-Presentation—MAY 2019geelyauto.com.hk/core/files/presentation/en/Presentation_May_2019.… · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average

Boyue

Engine: Transmissions: Dimension: Wheelbase: Power:Max. Torque:

MSRP:

1.8T, 2.0L6MT, 6AT4519/1831/16942670135Kw (1.8T)285/1500-4000N.m/rpm(1.8T) RMB98,800-159,800

7

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

2016 4 5 6 7 8 9 10 11 12

2017 2 3 4 5 6 7 8 9 10 11 12

2018 2 3 4 5 6 7 8 9 10 11 12

2019 2 3 4

Monthly Sales Volume of Boyue

Page 8: GeelyAuto-Presentation—MAY 2019geelyauto.com.hk/core/files/presentation/en/Presentation_May_2019.… · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average

Emgrand GS & GL

8

0

5,000

10,000

15,000

20,000

25,000

2016 6 7 8 9 10 11 12

2017 2 3 4 5 6 7 8 9 10 11 12

2018 2 3 4 5 6 7 8 9 10 11 12

2019 2 3 4

Monthly Sales Volume of Emgrand GS(incl. GSe)

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

2016 10 11 12

2017 2 3 4 5 6 7 8 9 10 11 12

2018 2 3 4 5 6 7 8 9 10 11 12

2019 2 3 4

Monthly Sales Volume of Emgrand GL

Page 9: GeelyAuto-Presentation—MAY 2019geelyauto.com.hk/core/files/presentation/en/Presentation_May_2019.… · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average

Vision SUV

Engine: Transmissions: Dimension: Wheelbase: Power:Max. Torque: MSRP:

1.3T, 1.8LCVT, 5MT4500/1834/1707266198kw/5500rpm (1.3T)185/2000-4500N.m/rpm RMB74,900-101,900

9

0

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

2016 9 10 11 12

2017 2 3 4 5 6 7 8 9 10 11 12

2018 2 3 4 5 6 7 8 9 10 11 12

2019 2 3 4

Monthly Sales Volume of Vision SUV

Page 10: GeelyAuto-Presentation—MAY 2019geelyauto.com.hk/core/files/presentation/en/Presentation_May_2019.… · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average

New Model – Binrui & Binyue

10

Engine: Transmissions: Dimension: Wheelbase: Power:Max. Torque:

MSRP:

1.4T, 1.0T6DCT,CVT,6AT,6MT4680/1785/1460267098kw/5200rpm (1.4T)215/2000-4000N.m/rpm (1.4T)RMB79,800-110,800

Engine: Transmissions: Dimension: Wheelbase: Power:Max. Torque:

MSRP:

1.5T, 1.0T7DCT, 6MT4330/1800/16092600130kw/5500rpm (1.5T)255/1500-4000N.m/rpm (1.5T)RMB78,800-118,800

-

5,000

10,000

15,000

2018-9 10 11 12 2019 2 3 4

Monthly Sales Volume of Binrui

0

5000

10000

15000

20000

11 12 2019 2 3 4

Monthly Sales Volume of Binyue

Page 11: GeelyAuto-Presentation—MAY 2019geelyauto.com.hk/core/files/presentation/en/Presentation_May_2019.… · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average

LYNK & CO

• JV with 5:3:2 shareholding structure betweem the company, Volvo Car and the Zhejiang Geely holding group

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

• Supported by new vehiclemodels developed from CMA

• 239 stores in China by end 2018• 2020 in Europe, followed by

USA; 10 new models by 2020• Lynk & Co recorded 38,032 unit

sales volume in the first four months of 2019.

Lynk&Co01

11

Page 12: GeelyAuto-Presentation—MAY 2019geelyauto.com.hk/core/files/presentation/en/Presentation_May_2019.… · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average

LYNK & CO

12

0

2000

4000

6000

8000

10000

122018 2 3 4 5 6 7 8 9 10 11 12

2019 2 3 4

Monthly Sales Volume of LYNK & CO 01

01000200030004000500060007000

7 8 9 10 11 12 2019 2 3 4

Monthly Sales Volume of LYNK & CO 02

0

1000

2000

3000

4000

5000

10 11 12 2019 2 3 4

Monthly Sales Volume of LYNK & CO 03

Page 13: GeelyAuto-Presentation—MAY 2019geelyauto.com.hk/core/files/presentation/en/Presentation_May_2019.… · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average

New Products in 20192 MPVsA Sport SUVAn A0 SUVA Pure EV SedanA New Model under LYNK & CO

13

Page 14: GeelyAuto-Presentation—MAY 2019geelyauto.com.hk/core/files/presentation/en/Presentation_May_2019.… · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average

Brand PP100 Overall Rank Sector Rank*Lynk&Co 92 3 1

Mass Market Average 107

Luxury Average 89

J.D.Power2018 China Initial Quality StudySM (IQS)#

Source: J.D.Power 2018 China Initial Quality StudySM (IQS)

# based on responses from 33,404 vehicle owners who purchased their cars between June 2017 and May 2018. The study includes 285 passenger vehicle models and 77 different brands in 71 major cities across China.* ranking amongst Chinese brands

14

New-Vehicle Quality

Page 15: GeelyAuto-Presentation—MAY 2019geelyauto.com.hk/core/files/presentation/en/Presentation_May_2019.… · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average

Geely GKUI

• GKUI smart ecosystem comprises: ü The cloud storage ü A desktop similar to your

phoneü A driver unique ID, safe

and reliable ü App-based ecosystem

• Powerful Speech recognition• Fast interactive�timely

system update• First installed in 2018 Boyue,

and later in all other models

15

Page 16: GeelyAuto-Presentation—MAY 2019geelyauto.com.hk/core/files/presentation/en/Presentation_May_2019.… · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average

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Export Sales Volume

Financial Performance

16

-

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

1,600,000

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Sales Volume (Units)

49%

1,500,838

10-year CAGR*: 22.1%

*CAGR: Compound Annual Growth Rate

-

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

Average Ex-factory Prices�RMB�

10-year CAGR*: 6.4%

**DPS: Dividend Per Share

-

2,000

4,000

6,000

8,000

10,000

12,000

14,000

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

Net Profit �RMB Million�

10-year CAGR*: 30.5%

*CAGR: Compound Annual

Growth Rate

Page 17: GeelyAuto-Presentation—MAY 2019geelyauto.com.hk/core/files/presentation/en/Presentation_May_2019.… · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average

Auto Finance Joint Venture

• Registered capital RMB 4 Billion • Commenced operation in Sep 2015• Wholesales financing

solutions to dealers• Retail financing solutions to end-

customers• Focusing on Tier-1 & -2 cities

initially• Supporting Geely, Lynk & Co and

Volvo Car brands• Progressively covering the whole

China market• 2018 net profit RMB 217M

80% 20%

17

Page 18: GeelyAuto-Presentation—MAY 2019geelyauto.com.hk/core/files/presentation/en/Presentation_May_2019.… · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average

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 & MHEV to speed up new energy

product offerings;• Strategic alliance to upgrade technologies

Services� • 978 dealers and 239 LYNK & CO dealers in China;• 24 sales agents, 336 sales and service outlets in 24 oversea

countries;• Vehicle finance JV with BNP Paribas Personal Finance

Branding� • “Geely” brand for mass market;• “Lynk&Co” brand for upper market

18

Page 19: GeelyAuto-Presentation—MAY 2019geelyauto.com.hk/core/files/presentation/en/Presentation_May_2019.… · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average

Geely Automobile in Figures

Year started: 1998Total workforce: 52,400 (on Dec. 31st, 2018)Manufacturing facilities: 9 plants in China + 1 JV plant in

BelarusProducts: 17 major models under 4 platforms & 2

modular architectureDistribution network: More than 978 Geely dealers ,

And 239 LYNK & CO dealers in China

2018 Sales Volume: 1,500,838 units 2018 Revenues: US$15.5 billionMarket Capitalization: US$15.9 billion (on May 10th, 2019)

19

Page 20: GeelyAuto-Presentation—MAY 2019geelyauto.com.hk/core/files/presentation/en/Presentation_May_2019.… · Brand PP100 Overall Rank Sector Rank* Lynk&Co 92 3 1 Mass Market Average

Important NoticeThe 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 HoldingsLtd.,except specified otherwise.

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