GKN China. GKN in China 吉凯恩在中国. Redburn Investor Visit 11 October 2011

Transcription

1 GKN in China 吉凯恩在中国 Redburn Investor Visit 11 October 2011

2 GKN: leadership in four specialist, global sectors Automotive Driveline Powder Metallurgy Land Systems Aerospace

3 GKN in China Emitec Sinter Metals Hoeganaes Danyang Beijing Office Changchun SDS Changchun 06/2011 GKN Z Danyang Beijing Hoeganaes Mengzhou Shanghai Office GDC Chongqing Chongqing Wuhan Shanghai GKN CHINA HOLDING Shanghai SDS WOFE JV SDS Wuhan Guangzhou TSH Shanghai 3 Plants 11 plants, 5000 employees 2010 Sales RMB4.6bil/$670mil Wheels Liuzhou Land Systems Shanghai Office Shanghai

4 - Automotive

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7 Shanghai GKN Drive Shaft (SDS) Established 1988 Location Shanghai Zhou Pu plant, Kang Qiao plant, Shen Jiang plant Shareholders GKN 50% SAIC 35%, BOCOM 5%, SDIC 10% Products Main Customers Constant Velocity Joints, IC Shafts, Forgings SVW, FAW, SGM, Citroen, Honda, Nissan, Ford, Fiat, Toyota, Kia, BMW, Benz

8 GKN Chongqing Driveshaft (GDC) Established 2006 Location Chongqing Shareholders SDS 51%, CSG 40%, GKN 9% Products Main Customers CVJ Shafts CAF, CA-Suzuki, BYD, JMC, Wuling Group, FAW-Hongta, Guizhou Yunque

9 SDS Wuhan Plant Established 2009 Location Wuhan Shareholders SDS 100% Products Main Customers CVJ Shafts Dongfeng, Citroen, Honda

10 SDS Changchun Plant Established June 2011 Location Changchun Shareholders SDS 100% Products CVJ Shafts Main Customers FAW, BMW Brilliance, Toyota Ground-breaking 28 May 2010 Opening ceremony 27 June

11 GKN Driveline Torque Shanghai (TSH) Established 2006 Location Shanghai Kang Qiao Shareholders GKN 100% Products Main Customers Differentials, PTU s, FDU s, Torque management devices, edrive products GM, SGM, Nissan, JAC, Chery, SangYong Differentials for Transmissions and Limited Slip and Locking Differentials AWD/4WD Couplings Power Transfer Units Final Drive Units Expanding capacity for differentials and AWD components

12 Establishing local competence for HEV and EV M China EV Demo Car with GKN edrive (Cooperation with Bosch UAES) 12

13 GKN Zhongyuan Cylinder-liner (GKNZ) Established 2005 Location Mengzhou City, Henan Shareholders GKN 59%, ZYNP 41% Products Main Customers Heavy Duty Diesel Engine Cylinder Liners Cummins, Volvo, Scania, CAT, Wuxi

14 - Powder Metallurgy

15 China Powder Metallurgy Market Growth 15 Tons, thousands 250 Non-premium quality market Premium quality market China - PM Market Growth Forecast

16 GKN Sinter Metals China DanYang Established 1995 Location Danyang, Jiangsu Shareholders GKN 100 % Products Main Customers PM parts for automotive engines and transmissions INA, GFT, SGM, VW, Jatco VVT components Synchronizer hubs Carriers Targeting premium automotive power-train applications

17 GKN Hoeganaes China DanYang Established Oct 2010 Location Danyang, Jiangsu Shareholders GKN 100 % Products Main Customers Premium iron powder for PM parts in automotive, tools GKN, NBTM, Porite, Sinteron, KSM, HTL Targeting premium powder market

18 - Land Systems

19 China Mining & Construction Equipment Market China s construction market has been driven by strong property and infrastructure investment China Construction Machinery Association CCMA sees revenues doubling to RMB900 billion in next five years Heavy duty and mining equipment sales are expected to see annual growth of around 10% in the next five years All key international players are investing in China Chinese CE makers have aggressive expansion plans overseas

20 GKN Wheels Liuzhou Co, Ltd Established 2006 Location Liuzhou, Guangxi Shareholders GKN 100% Products Wheels for construction machinery, agricultural machinery, harbour machinery, fork lift trucks, cars, other special machinery Main Customers SGMW, Liugong, Liuqi, Liute, Noell, Zhenhua Leader in construction wheels, expanding in mining and agricultural market

21 Wheels Liuzhou A Successful Transformation Rim Line Model Cell 1 Disc Line Model Cell 2 Paint Line Model Cell 3 21

22 China Wind Power Market China has become the fastest growing wind power market in the world China aims to boost total wind-generated power to >200 GW by 2020 More than 70 OEM s and component manufacturers Domestic companies dominate the market, foreign players maintaining a high end role Source: China Wind Power Report 2010

23 GKN Stromag Drive Technology Taicang Co, Ltd Established 2010 Location Taicang, Jiangsu Shareholders GKN 100% Products Main Customers Disc brakes for wind turbines Goldwind GKN Day One 6 September 2011 Targeting local wind turbine market with acquisition of Stromag business

24 - Aerospace

25 China Aviation Market China investing RMB1.5 trillion ($228billion) in aviation industry 175 commercial airports in 2010, will add 45 in next five years 700 new commercial aircraft in next five years All international aircraft makers source components in China China s ARJ21 regional jet in service in 2011 Developing new C919 large trunk-liner jet, sell 2000 units in 20 years expected to ,055 5,029 4, ,134 1,259 1, Source: AVIC website and AvBuyer website

26 GKN Aerospace in China Subcontracting of engine nacelle components for Honeywell HTF 7500 to Hafei Aviation MoU signed with COMAC for a JV to manufacture the horizontal tailplane for the C919

27 GKN in China - Summary The first Western automotive supplier to invest in China in 1988 More than 20 years experience in China with wholly owned businesses and JV s with various Chinese partners Leading market positions in automotive and off-highway Committed to growth with localized product range and development capabilities, fully integrated in GKN s global network Investment plans in place to double in size in the next 5 years Exploring opportunities for new partnerships in Aerospace and Land Systems

28 Thank you! 谢谢!