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Corporate Presentation August 2020

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Page 1: August 2020 - geelyauto.com.hk · Sales Performance 4 *End to 1H2020 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 2016 4 7 10 2017 4 7 10 2018 4 7 10 2019

Corporate Presentation

August 2020

Page 2: August 2020 - geelyauto.com.hk · Sales Performance 4 *End to 1H2020 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 2016 4 7 10 2017 4 7 10 2018 4 7 10 2019

Sales PerformanceJan-Jul 2020

2

Overall:

Domestic:

Exports:

NEEV:

635,664 units -14% YoY

611,568 units -13% YoY

24,096 units -43% YoY

35,615 units -43% YoY

Sedans

232,611 units -20% YoY

SUVs*

390,448 units -10% YoY

MPV

12,605 units

*Jan- May, Geely sold the most SUVs in Chinese market. Data from CPCA.

Page 3: August 2020 - geelyauto.com.hk · Sales Performance 4 *End to 1H2020 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 2016 4 7 10 2017 4 7 10 2018 4 7 10 2019

New Energy and Electrified Vehicles

NEEV models

3

*End to Jan-Jul 20200 50000 100000 150000

2016

2017

2018

2019

2020*

NEEVs - Sales Volume (units)

Xingyue ePro

ICON MHEV Boyue pro MHEV Jiaji ePro

Borui ePro Emgrand GL ePro

Binyue ePro

03 PHEV

Geometry C

Geometry A

01 PHEV

Emgrand EV500

02 PHEV

Emgrand GSe

0 100 200 300

2016

2017

2018

2019

2020

Price Range (RMB '000)

01 HEV

0 200 400 600

2016

2017

2018

2019

2020

EV - Range Per Charge(km)

Page 4: August 2020 - geelyauto.com.hk · Sales Performance 4 *End to 1H2020 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 2016 4 7 10 2017 4 7 10 2018 4 7 10 2019

Sales Performance

4*End to 1H2020

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

180,000

20

16 4 7

10

20

17 4 7

10

20

18 4 7

10

20

19 4 7

10

20

20 4 7

Exports

Domestic

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 5 7

Domestic Sales Volume (3MMA+/-%)

51.2

76.6

124.7

150.1136.2

53.5

2.40%3.10%

5.00%

6.30% 6.35%6.79%

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*

Annual Sales Vol & Market Share

0.00%

2.00%

4.00%

6.00%

8.00%

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 4 6

Market Share

Page 5: August 2020 - geelyauto.com.hk · Sales Performance 4 *End to 1H2020 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 2016 4 7 10 2017 4 7 10 2018 4 7 10 2019

New Emgrand Family

5

• Emgrand, Emgrand EV, Emgrand

GS, Emgrand Gse, Emgrand GL,

Emgrand GL PHEV

• A total of 175,335(-20% YOY) unit

sales volume in Jan - Jul 2020

• Emgrand remains one of the best

selling sedan models in

China(Rank #7 in 1Q20)

0

10000

20000

30000

40000

50000

60000

70000

Monthly Sales Volume of Emgrand Family

Page 6: August 2020 - geelyauto.com.hk · Sales Performance 4 *End to 1H2020 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 2016 4 7 10 2017 4 7 10 2018 4 7 10 2019

Boyue & Borui

6

Boyue & Borui

• Over 20,000 unit of monthly

average sales volume during

2020Q2

• Boyue is one of the most selling

SUV model in China & Malaysia.SUV Total Sales Volume Ranking

2019 2020H1

China #3 #3

Malaysia #1 #10

5000

10000

15000

20000

25000

30000

35000

40000

201

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 4 5 6 7

Monthly Sales Volume of Bo Series

Page 7: August 2020 - geelyauto.com.hk · Sales Performance 4 *End to 1H2020 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 2016 4 7 10 2017 4 7 10 2018 4 7 10 2019

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 -

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

5 6 7 8 9 10 11 12 01-2020

2 3 4 5 6 7

Monthly Sales Volume of Xingyue

Page 8: August 2020 - geelyauto.com.hk · Sales Performance 4 *End to 1H2020 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 2016 4 7 10 2017 4 7 10 2018 4 7 10 2019

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 4 5 6 7

Monthly Sales Volume of Jiaji

Page 9: August 2020 - geelyauto.com.hk · Sales Performance 4 *End to 1H2020 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 2016 4 7 10 2017 4 7 10 2018 4 7 10 2019

Vision Family

9

• Vision Family(Vision, Vision X6,

Vision X3, Vision S1) recorded a

total of 115,826 (-34% YOY)unit

sales volume in Jan - Jul 2020

• Accounted for 18% of total sales

Volume in Jan - Jul 20200

10000

20000

30000

40000

50000

60000

Monthly Sales Volume of Vision Family

Page 10: August 2020 - geelyauto.com.hk · Sales Performance 4 *End to 1H2020 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 2016 4 7 10 2017 4 7 10 2018 4 7 10 2019

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

9

10

11

12

19 2 3 4 5 6 7 8 9

10

11

12

20 2 3 4 5 6

Page 11: August 2020 - geelyauto.com.hk · Sales Performance 4 *End to 1H2020 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 2016 4 7 10 2017 4 7 10 2018 4 7 10 2019

LYNK & CO

11

-

2,000

4,000

6,000

8,000

10,000

12,000

14,000

16,000

18,000

12 18 2 3 4 5 6 7 8 9 10 11 12 19 2 3 4 5 6 7 8 9 10 11 1220202 3 4 5 6 7

Monthly Sales Volume of LYNK & CO

Page 12: August 2020 - geelyauto.com.hk · Sales Performance 4 *End to 1H2020 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 2016 4 7 10 2017 4 7 10 2018 4 7 10 2019

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

• 284 dealers in China until 2019

• 2020 in Europe

• Lynk & Co recorded 70,094 unit

sales volume in Jan – Jul

2020(+9% YoY).

Lynk&Co01

12

Page 13: August 2020 - geelyauto.com.hk · Sales Performance 4 *End to 1H2020 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 2016 4 7 10 2017 4 7 10 2018 4 7 10 2019

New Products 2020

“Geely” brand:

• “Haoyue” Full size SUV model

• “Icon” compact SUV model

• A compact sedan model

• “NEEV” versions for major

existing models

13

“Lynk&Co” brand:

• Two brand new compact and

sporty SUV models

“Geometry” brand:

• “Geometry C” A brand new

electrified SUV model

Page 14: August 2020 - geelyauto.com.hk · Sales Performance 4 *End to 1H2020 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 2016 4 7 10 2017 4 7 10 2018 4 7 10 2019

Environmental, Social & Governance (“ESG”)

14

• Stay as constituent of the "Hang Seng Corporate Sustainability Benchmark Index ”

• Received an MSCI ESG Rating of AA

• Ranked top 20 among HIS constituents in the “Hong Kong Business Sustainability Index”

Page 15: August 2020 - geelyauto.com.hk · Sales Performance 4 *End to 1H2020 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 2016 4 7 10 2017 4 7 10 2018 4 7 10 2019

Environmental, Social & Governance (“ESG”) -

(Continued)

15

• Sales volume of NEEVs 35,615 units in Jan – July 2020

• NEEVs contributed to 5.6% of total sales volume in Jan – July 2020

• 68% existing products offer NEEV versions

• For newest models like Jiaji, Xingyue & Icon, NEEVs accounted for about 50% of their total sales volume in Jan – July 2020

Page 16: August 2020 - geelyauto.com.hk · Sales Performance 4 *End to 1H2020 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 2016 4 7 10 2017 4 7 10 2018 4 7 10 2019

-

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

16

*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 17: August 2020 - geelyauto.com.hk · Sales Performance 4 *End to 1H2020 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 2016 4 7 10 2017 4 7 10 2018 4 7 10 2019

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%

17

Page 18: August 2020 - geelyauto.com.hk · Sales Performance 4 *End to 1H2020 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 2016 4 7 10 2017 4 7 10 2018 4 7 10 2019

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

18

Page 19: August 2020 - geelyauto.com.hk · Sales Performance 4 *End to 1H2020 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 2016 4 7 10 2017 4 7 10 2018 4 7 10 2019

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$21.05 billion (on Aug 7th, 2020)

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Page 20: August 2020 - geelyauto.com.hk · Sales Performance 4 *End to 1H2020 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 2016 4 7 10 2017 4 7 10 2018 4 7 10 2019

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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