Best Partner of Automobile Industry

Transcription

1 Best Partner of Automobile Industry F - ENGLEY Stock Code:2239

2 Catalogue NO.1 /Company profile P.03~12 NO.8 /Operation principle P.43~44 NO.2 /Industrial development P.13~22 NO.7 /Business performance P.41~42 NO.3 /Product P.23~32 NO.6 /Competitive advantage P.39~40 NO.4 /Automation P.33~35 NO.5 /RD Achievement P.36~38 2

3 1 Company Profile

4 Company Profile Company Chairman Chi-Pin Lin Set-up Time 16 th, Jan, 2015 Headquarter NO.888,Shunda Rd, High-tech Area, Changchun, Jilin Province, P. R. China Staff number 2995(Till Dec, 2015) Industry Automobile industry Business Development and manufacturing of Metallic and non-metallic automobile part, mold manufacturing and other service

5 Development History 添加標題 Move to Changchun; Set automobile part as major business Established Suzhou Engley Established Yizheng and Liaoning Engley;Sign cooperation agreement with Linde+Wiemann (Germany) Establish Linde+ Engley(Tianjin) and Lightweight Establish Cayman Engley in Cayman Islands, and Suzhou Engley - Kunshan Branch 添加標題 Found in Harbin; Focus on vehicle seat belt production Establish Changchun Chengtai (Today s Changchun Engley) Establish Chengdu Engley; Establish JV-Constellium Engley Establish Foshan and Tianjin Engley, and Linde+ Engley (Changchun) 添加標題添加標題添加標題 Establish JV- Honley (CECK) and Changsha Engley 5

6 100% Changchun Engley Automobile Industry Co., Ltd.(China) 100% 100% 100% 100% 100% 100% 51% 51% 23% 20% 40% Changchun Engley Auto Parts Co., Ltd. (China) Suzhou Engley Auto Part Co., Ltd. (China) 90% 10% 98.6% 1.4% 99.5% 0.5% Chengldu Engley Auto Part Co., Ltd. (China) Liaoning Engley Auto Part Co., Ltd. (China) Changchun Lightweight Technology Co., Ltd.(China) Changsha Engley Auto Part Co., Ltd. (China) Linde+Engley (Changchun) Auto Parts Co., Ltd.(China) Linde+Engley (Tianjin) Auto Parts Co., Ltd.(China) Jilin Jinli Auto part Co., Ltd. (China) Chengdu Youli Auto part Co., Ltd. (China) Honley Auto. Parts Co.,Ltd.(Taiwan) 46% 100% Constellium Engley (Changchun) Automotive Structures Co., Ltd.(China) Yizheng Engley Auto Part Co., Ltd. (China) Foshan Engley Auto Part Co., Ltd. (China) Tianjin Engley Manufacturing Co., Ltd.(China) Suzhou Engley Auto Part Co., Ltd. Kunshan Branch(China) CECK Holdings Co., Ltd. (HongKong China) 100% Changchun CECK Auto. Parts Co.,Ltd.(China) 6

7 Organization Distribution Northeast China Northeast China Area: Heilongjiang, Jilin, liaoning Engley Distribution: Changchun Engley Automobile Industry Co., Ltd. Changchun Engley Auto Parts Co., Ltd. Changchun Lightweight Constellium Engley Linde+Engley (Changchun) Honley (CECK) Liaoning Engley Car Makers: 7

8 Organization Distribution North China Area: Beijing, Tianjin, Hebei, Shanxi North China Engley Distribution : Tianjin Engley Linde+Engley(Tianjin) Car Makers: 8

9 Organization Distribution Eastern China Eastern China Area: Shandong, Jiangsu, Anhui, Zhejiang, Shanghai Engley Distribution : Suzhou Engley Yizheng Engley Suzhou Engley Kunshan Branch Car Makers: 9

10 Organization Distribution Central China Area: Hubei, Hunan, Henan, Jiangxi Engley Distribution : Changsha Engley Central China Car Makers: 10

11 Organization Distribution Southwest China Area: Sichuan, Yunan, Chongqing Engley Distribution : Chengdu Engley Southwest China Car Makers: 11

12 Organization Distribution South China & Taiwan HongKong Macao Area: Guangdong, Guangxi, Hainan, Taiwan, HongKong, Macao Engley Distribution : Foshan Engley, Honley South China & Taiwan HongKong Macao Car Makers: 12

13 2 Industrial Development

14 Industrial Development Automobile sales in recent decade in China: 10,000 Growth rate Resource from: Marklines database 14

15 Industrial Development Output prediction of mainland China automobile market for 2000~2020: 10, Productivity Annual Output Input Rate 44.00% 56.00% 86.00% 76.00% 90.00% Resource from: China Automobile Association, FORURIN, IEK 15

16 Customer With ample manufacturing experience and RD ability, Changchun Engley provides design, development, manufacturing and aftersale service to main domestic car factories. 16

17 Automobile Sales Ranking BRAND SALES (10,000 ) 1 AUDI BMW MERCEDES- BENZ 4 JAGUAR- LAND ROVER LEXUS 8.69 Sales ranking for high-end car (Till Dec, 2015) Sales ranking for passenger car (Till Dec, 2015) BRAND SALES (10,000) 1 S-VW SGMW SAIC-GM FAW-VW CHANGAN Hyundai Nissan CHANGAN- FORD GREATWALL Citroen Resource from:automobile Sales Ranking Web, CPCA, China Automobile Industry Association 17

18 Predicted Output for Customers Car Maker Output for 2016 Output for 2017 Output for 2018 Output for 2019 Output for 2020 Growth Rate FAW-VW 1,803,369 1,950,000 2,200,000 2,400,000 2,500, % FAW 219, , , , , % SVW 1,889,396 1,950,000 2,020,000 2,110,000 2,190, % VOLVO 68, , , , , % BBAC 616, , , , , % 18

19 Yield prediction for main customers in 2016 Customer JAN FEB MAR APR MAY JUN JULY AUG SEP OCT NOV DEC Total FAW-VW 161, , , , , , , , , , , ,728 1,803,369 FAW 22,140 7,920 21,490 14,570 16,770 19,640 19,440 19,540 19,540 19,540 19,540 19, ,670 SVW 167, , , , , , , , , , , ,976 1,889,396 VOLVO 6,188 2,991 2,981 6,899 6,015 6,565 5,983 5,655 6,899 6,640 5,210 6,761 68,788 BBAC 32,538 29,762 53,928 52,726 57,091 45,739 55,209 64,315 58,964 54,431 55,342 56, ,105 19

20 New models launched in 2016 and 2017 Customer MODEL Predicted launch time Remark AUDI B9(AUDI A4L) July, 2016 New model FAW-VW Magotan B8L June, 2016 New model NEW BORA NF Mar, 2016 New model Golf Sportsvan Apr, 2016 New model D015(new B50) June, 2016 New model J5LA(MAZDA CX4) Apr, 2016 New model FAW X80FL 2016 年 11 月份 Renewal model J71FL June, 2016 Renewal model B70FL June, 2017 Renewal model Touran NF Mar, 2016 New model SKODA A+ Q3, 2016 New model B-SUV Q1, 2017 New model SVW C-class Q4, 2016 New model Tiguan NF Q3, 2016 New model Passat GP Q1, 2016 Renewal model Lamando GTS Q1, 2016 Renewal model Volvo S90L Q1, 2017 New model BBAC C Class July, 2016 New model 20

21 Award 2013 Mold Supplier Certificate - by FAW-VW 2013 Excellent Quality Award -by Brilliance AUTO 2011 Excellent Localization Award -by FAW-VW 2010 Excellent Localization Award -by FAW-VW 2009 Excellent Development Award -by FAW-VW 2008 Quality Process Award -by FAW-VW 2005 Excellent Localization Award -by FAW-VW 2014 Excellent Quality Award- by FAW-VW (Foshan Engley) 2014 Tier-3 Supplier of Safety Production -by FAW-VW (Foshan Engley) 2014 Tier-a Supplier -by FAW-VW (Chengdu Engley) 21

22 Sales Ratio of Y2015: Customer Sales Ratio FAW-VW 73.62% SVW 6.06% BBAC 6.05% SGM 2.75% Others 11.52% Sales Performance Brand-oriented sales of Y2015 (*Currency:NTD 1,000 ): Brand Ratio Joint venture brand 61% High-end brand 35% Self-owned brand 4% 22

23 3 Product

24 Product Ratio and Sales *Currency:NTD 1,000 / 2015 data by our company Y2013 Y2014 Y2015 Sales Sales ratio Gross profit rate Sales Sales ratio Gross profit rate Sales Sales ratio Gross profit rate Metallic 7,203, % 17.44% 8,551, % 13.95% 8,087, % 17.23% Non-metallic 3,452, % 22.15% 4,400, % 24.15% 4,153, % 20.92% Mold & others 398, % 31.18% 468, % 18.94% 162, % 48.31% Total 11,053, % 19.40% 13,420, % 17.47% 12,403, % 18.87% Product: Metallic Part:WIB punching part, CCB and safety part Non-metallic Part:Underbody shield, frontend, wheel arch liner, spare wheel pan, battery tray and door panel Mold & Others:design and manufacturing of mold, and other consultation service 24

25 Main product ratio *Currency:NTD 1,000 / 2015 data by our company Product Sales Ratio BIW stamping part 1,087,292, % Underbody shield Frontend Cockpit carrier Safety part Others 402,709, ,772, ,593, ,900, ,549, % 12% 12% 10% 7% Total 2,465,818, % 25

26 Product Non-metallic 1 1/ Frontend /Battery tray /Door panel Raw material resource Material GMT PP+GF PP+PA SYMALITE QPC SABIC Juner 6 /Underbody shield Supplier Lightweight 4 /Wheel arch liner 5 /Spare wheel pan 26

27 Non-metallic Product LWRT Product Raw material: SYMALITE Changchun Lightweight was found in Sep, 2013, works on the research and production of light and composite material-symalite. Lightweight introduces the patent from QUARDRANT (Swiss), adopts the full production lines from Europe. The Lightweight production line is the third global and first Asian SYMALITE one. The progress of SYMALITE satisfied mostly the trend of vehicle light-weight in future, and is regarded as one of the most competitive advantages of Engley. Character: Light-weight; high strength; easy processing; anti-rust; noise reduction Project:AUDI Q3 Q5 A4L A6L A3 B9 underbody shield, MAGOTAN- CC underbody shield Assembly location: chassis Process: Thermo-compressing 27

28 Non-metallic Product Other Plastic Part GMT GMT Underbody shield Character:anti-bending and high shock strength Project: BBAC Assembly location:chassis Process:Thermo-compressing D-LFT SMC SMC Underbody shield Character:heat-resistance and favorable appearance Project : BBAC Assembly location:chassis Process:Thermo-compressing LFT Underbody shield Character:Low cost Project : MAGOTAN CC Assembly location:chassis Process:Thermo-compressing 28

29 Product Metallic 3\ Front bumper 4 \Rear bumper 2 \ Rocker panel 5\ B pillar 1\ CCB Raw material resource Material Supplier Steel plate Zhang Quan, Bao Steel, Ang Shou, Yi Tu Aluminum Dong Qing, Li Yuan 6\ spare wheel pan 29

30 Metallic Product Aluminum Product Raw material: Aluminum Constellium Engley and Changchun Engley plan to establish an aluminum factory in Qingdao, which produces aluminum plate and profile. This would contribute to the production, and would lower cost to a certain degree. Aluminum is the kind of light-weight material which is applied most in vehicle area, whose density is one third of steel. Comparing with the weight of steel CCB, aluminum one is about half of it. Character: Light-weight; high strength and energy absorption; recycling Project :AUDI C7 Assembly location: Instrument panel Process: Punching, welding 30

31 Metallic Product High Strength Steel Raw material: High strength steel The advantage of high strength steel is, based on the same cost, 25% weight loss of vehicle body. Character: High strength and yield strength; stable and weight-reducing Project : MAGOTAN Assembly location: Side body Process: Punching, welding 31

32 Customer Occupancy of Main Product 32

33 4 Automatic Equipment

34 Large scale and Automatic Equipment Equipment List for Engley group: Equipment Number Remark Heating machine 83 Punching machine T-1600T punching machine Robot 124 Cutting, water cutting, transfer and welding robot Automation system 152 Lifter, uncoiler, conveyer system, mechanical arm, welding system etc. Aging oven 3 Press machine T-2000T press machine Injection machine T-2200T injection machine Extruder 4 Welding machine 161 Injection welding, spot welding, arc welding, stud welding, ultrasonic welding etc. Rolling machine 3 Sealing machine 5 Ultrasonic welding machine Total

35 Large scale and Automatic Equipment Auto-feeding and heating system Progressive mold line Injection machine Rolling machine 添加標題 Multi-station transfer press machine Welding robot station Automation line for SYMALITE Lightweight 35

36 5 RD Achievement

37 RD Design 1\ Molding design 2\Process analysis 3\Match analysis in mode of finished car 1\ Steel-to-plastic analysis 2\Analysis of adding ribs and reducing wall thickness Provide customer recommendation of semi-finished design, analyze ASSY process and reduce cost. 1.Feasible analysis 2. Data analysis 3. Lightweightoriented support 4. Animation analysis 5. Module design 1\3D structure Animation match 2\2D drawing for assembly part 3\CAE analysis via 3D software. Engley start on the research of simultaneous development and the reserve of technical staff since Aug, At present, Engley gradually fulfilled the laboratory equipment while strengthened the design power. The number of design project to domestic car makers is about

38 Module Service Finished car Other part Assembly line Frontend semi-finished ASSY Made by Engley Non-metallic frontend ASSY Radiator fan ASSY Condenser ASSY Lock of engine cover ASSY Front bumper ASSY Other component 38

39 6 Competitive Advantage

40 Competitive Advantage 1. Client resources from home and abroad 2. Lower cost CORE Superiority 1 3. RD ability on product and mold 4. Wide distribution of branches 40

41 7 Business Performance

42 *Currency:NTD -Thousand Yuan / 2015 data by our company Year Income Business Performance Gross profit rate Net profit EPS (NTD Yuan) Y2012 7,737, % 869, Y ,053, % 1,017, Y ,420, % 1,141, Y2015Q3 9,224, % 800,

43 8 Operation Principle

44 Operation Principle Pragmatic & Precise Honest Management Pioneering & Innovative Sustainable Development 44

45 Thank you! 45