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Corporate Presentation April 2020

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Page 1: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

Corporate Presentation

April 2020

Page 2: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

Sales PerformanceJan-Mar 2020

2

Overall:

Domestic:

Exports:

NEEV:

206,027 units -44% YoY

198,028 units -43% YoY

7,999 units -60% YoY

8,924 units -62% YoY

Sedans(New Emgrand+Vision+Emgrand GL+Borui+Binrui+03+Geometry A)

73,815 units -53% YoY

SUVs (Vision SUV+Boyue+Xinyue+X3+Emgrand GS+Binyue+01+02+ICON)

129,113 units -38% YoY

MPV(Jiaji)

3,099 units

Page 3: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

New Energy and Electrified Vehicles

New NEEV models

Emgrand EV

(2016)

Emgrand EV300

(2017)

Emgrand PHEV

(2017)

Borui GE MHEV Borui GE PHEV 01 PHEV

Emgrand EV350 Emgrand EV450 GSe

2019

2018

20172016

3

Xingyue MHEV Xingyue PHEV

Binyue MHEV Binyue PHEV Jiaji MHEV/PHEV

Geometry A

0 200 400 600

2016

2017

2018

2019

EV - Range Per Charge(km)

0 100 200 300

2016

2017

2018

2019

Price Range (RMB '000)

0 50000 100000 150000

2016

2017

2018

2019

2020*

NEEVs - Sales Volume (units)

*End to 1Q2020

Page 4: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

Sales Performance

4*End to 1Q2020

020,00040,00060,00080,000

100,000120,000140,000160,000180,000

20

16 4 7

10

20

17 4 7

10

20

18 4 7

10

20

19 4 7

10

20

20

ExportsDomestic

Monthly Sales Volume

-60%

-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 5 7 9

11

2020 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%

10.00%

Feb

-16 4 6 8

10

12

Feb

-17 4 6 8

10

12

Feb

-18 4 6 8

10

12

Feb

-19 4 6 8

10

12 2

Market Share

51.2

76.6

124.7

150.1

136.2

20.6

2.40%

3.10%

5.00%

6.30% 6.35%

7.16%

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 2020*

Yearly Sales Vol & Market Share

Page 5: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

New Emgrand Family

5

• Emgrand, Emgrand EV, Emgrand

GS, Emgrand Gse, Emgrand GL,

Emgrand GL PHEV

• Together recorded 56,192 unit

sales volume in 1Q2020

• Emgrand remains one of the best

selling A-segment sedan models

in China

0

10000

20000

30000

40000

50000

60000

70000Monthly Sales Volume of Emgrand Family

Page 6: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

Boyue & Borui

6

Boyue

• Recorded exceeds 20,000 unit

monthly average sales 2017-2019

• #2 China SUV sales in 2019

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

4 5 6 7 8 91

01

11

2201

7 2 3 4 5 6 7 8 91

01

11

2201

8 2 3 4 5 6 7 8 91

01

11

2201

9 2 3 4 5 6 7 8 91

01

11

2202

0 2 3

Monthly Sales Volume of Bo Series

Page 7: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

Xingyue

7

Powertrain:

Dimension:

Wheelbase:

Power:

Max. Torque:

MSRP:

1.5TD+7DCT

1.5TD+EV Motor+7DCT

2.0T+8AT

4605/1878/1643

2700

130kw/175kw/192kw

255//350/400 N.m/rpm

RMB 135,800-216,800

*The first CMA-based Vehicle of Geely Brand

Page 8: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

Jiaji

8

Powertrain:

Dimension:

Wheelbase:

Power:

Max. Torque:

MSRP:

1.5TD+48VBSG+7DCT

1.5TD+EV Motor+7DCT

1.8TD+6AT

4706/1909/1690

2805

130kw/135kw

255/300 N.m/rpm

RMB 99,800-192,800

*2+3+2, 2+2+3, 2+2+2 three seating options

-

1,000

2,000

3,000

4,000

5,000

6,000

Mar-19 4 5 6 7 8 9 10 11 12 2020 2 3

Monthly Sales Volume of Jiaji

Page 9: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

Vision Family

9

• Vision Family(Vision, Vision X6,

Vision X3, Vision S1) recorded

43,710 unit sales volume in

1Q2020

0

10000

20000

30000

40000

50000

60000

Monthly Sales Volume of Vision Family

Page 10: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

Binrui & Binyue

10

Engine:

Transmissions:

Dimension:

Wheelbase: Power:

Max. Torque:

MSRP:

1.4T, 1.0T

6DCT,CVT,6AT,6MT

4680/1785/1460

2670

98kw/5200rpm (1.4T)

215/2000-4000

N.m/rpm (1.4T)

RMB79,800-110,800

Engine:

Transmissions:

Dimension:

Wheelbase: Power:

Max. Torque:

MSRP:

1.5T, 1.0T

7DCT, 6MT

4330/1800/1609

2600

130kw/5500rpm (1.5T)

255/1500-4000

N.m/rpm (1.5T)

RMB78,800-118,800

0

5000

10000

15000

20000

25000

30000

2018-910 11 122019 2 3 4 5 6 7 8 9 10 11 122020 2 3

Page 11: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

LYNK & CO

• JV with 5:3:2 shareholding

structure between 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

• 263 dealers in China until 2019H1

• 2020 in Europe

• Lynk & Co recorded 18,443 unit

sales volume in 1Q2020(-36%

YoY).

Lynk&Co01

11

Page 12: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

LYNK & CO

12

-

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

1218 2 3 4 5 6 7 8 9 10111219 2 3 4 5 6 7 8 9 10111220202 3

Monthly Sales Volume of LYNK & CO

Page 13: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

New Products

“Geely” brand:

• A MPV model targeted at

business and corporate users

• A compact SUV model

• A compact sedan model

• “NEEV” versions for major

existing models

13

“Lynk&Co” brand:

• Two brand new models

• “NEEV” versions for “02”

and “03” models

“Geometry” brand:

• A brand new model

Page 14: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

Brand PP100 Overall Rank

Lynk&Co 91 12

Mass Market Average 97

Luxury Average 81

J.D.Power 2019 China Initial Quality StudySM (IQS)#

Source: J.D.Power 2019 China Initial Quality StudySM (IQS)

# based on responses from 33,468 vehicle owners who purchased their cars between May 2018 and March 2019. The study includes 266 models from 67 different brands and was fielded from November 2018 through May 2019 in 75 major cities across China.* ranking amongst Chinese brands 14

New-Vehicle Quality

Midsize Upper Economy: Geely Borui No.1Compact SUV: Geely Vision S1 No.2

Midsize Basic: Geely Vision No.3

Page 15: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

ENVIRONMENTAL, SOCIAL & GOVERNANCE (“ESG”)

15

• Continued to be a constituent of the "Hang Seng Corporate Sustainability Benchmark Index ” in 2019 - 2020

• Received an MSCI ESG Rating of AA

• Actively participated in international ESG evaluations, e.g. DJSI, S&P Global Ratings

• ESG report will be available at Geely’swebsite in late April 2020

Page 16: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

ENVIRONMENTAL

16

• Sales volume of NEEVs 8,924 units in Q1 2020

• NEEVs contributed to 4.3% of total sales volume in Q1 2020

• 57% existing products offer NEEV versions

• ICON, a new model launched in Q1 2020, offer NEEV version

Page 17: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

Geely GKUI

• GKUI smart ecosystem

comprises:

✓ The cloud storage

✓ A desktop similar to your

phone

✓ A driver unique ID, safe

and reliable

✓ App-based ecosystem

• Powerful Speech recognition

• Fast interactive,timely

system update

• First installed in 2018 Boyue,

and later in all other models

17

Page 18: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

-

2,000

4,000

6,000

8,000

10,000

12,000

14,000

2010201120122013201420152016201720182019

Net Profit (RMB Mn)

10-year CAGR*: 20.14%

RMB 8,190M

-

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000

1,600,000

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Wholesale Volume (Units)

Financial Performance

18

*CAGR: Compound Annual Growth Rate

-

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

Average Ex-factory Prices (RMB)

74,457

*Average Ex-factory Prices excluding Lynk&Co

-

10

20

30

40

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Cash DPS*(HK cents)

HK$ 0.25

10-year CAGR*: 26.9%

0.0%

5.0%

10.0%

15.0%

20.0%

25.0%

30.0%

35.0%

Return of Equity

-

20,000

40,000

60,000

80,000

100,000

120,000

140,000

2007 2009 2011 2013 2015 2017 2019

Export Sales Volume(units)

Page 19: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

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

• 2019 net profit RMB 509.1M

80% 20%

19

Page 20: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

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: • More than 969 Geely dealers ,163 Geometry dealers and 284

LYNK & CO dealers in China;

• 17 sales agents, 327 sales and service outlets in 17 oversea

countries;

• Vehicle finance JV with BNP Paribas Personal Finance

Branding: • “Geely” brand for mass market;

• “Lynk&Co” brand for upper market;

• “Geometry ” brand for BEV market

20

Page 21: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

Geely Automobile in Figures

Year started: 1998

Total workforce: 43,000 (on Dec. 31th, 2019)

Manufacturing facilities: 11 plants in China + 1 JV plant in

Belarus

Products: 17 major models under 4 platforms & 2

modular architecture

Distribution network: More than 969 Geely dealers ,163 Geometry

dealers and 284 LYNK & CO dealers in

China

2019 Sales Volume: 1,361,560 units

2019 Revenues: US$12.40 billion

Market Capitalization: US$13.03 billion (on April 8th, 2020)

21

Page 22: April 2020€¦ · Corporate Presentation April 2020. Sales Performance Jan-Mar 2020 2 ... Emgrand EV (2016) Emgrand EV300 (2017) Emgrand PHEV (2017) Borui GE MHEV Borui GE PHEV 01

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 HoldingsLtd.,except specified otherwise.

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