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2014 Annual Results Announcement Announcement
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2014 PRC Auto Industry Overview 2014 DFG Business and Finance Performance DFG & PRC Auto Industry Outlook
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2014 PRC Auto Industry Highlights PRC Auto Industry Growth Rate Slowed Down PV Sales by Country Market Share of Top 10 further Increased Continued Growth of PV; Sluggish Performance of CV; Strong Growth of NEV; Continued Growth of PV; Sluggish Performance of CV; Strong Growth of NEV;
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2014 PRC Auto Industry Overview 2014 DFG Business and Finance Performance DFG & PRC Auto Industry Outlook
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2014 DFG Business Performance MPV,SUV Continued Strong Growth; CV Performance Maintained Sluggish Own Brand Business Maintained Fair Contribution to Group Sales Sales Volume Continued to Grow With Growth Rate Slowing Down DPCA, DFLiuQi Achieved Faster Growth
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DFG & PSA Signed Strategic Alliance Agreement in Mar. 2014; Two parties deepened synergy in exploring global market, R&D, production,etc AB Volvo Acquired 45% of DFCV in July, 2014; Cooperation between DFG & Volvo progressed smoothly Business Overview (1)– Global Strategy Other key projects such as DF Renault, DF Getrag were also actively promoted DFG Acquired 14.1% equity stake in PSA Recent PSA Stock Performance
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Business Overview (2)– More New Models, More Balanced Product Pipeline 15 New PV Models in 2014 Annual sales of 7 models exceeded 100k in 2014 SUV Sedan MPV&NEV C3-XR 2008 New X-Trail X-RV AX7 New 408 A30 New Spirior Q50L S50 VenuciaR30 Venucia Chenfeng E30 New CM7 New Joyer
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Business Overview (3) – Accelerated Development of Own Brand Business, Enhanced R&D Capability Own Brand Business, Enhanced R&D Capability Own brand PV launched 6 models in 2014; Own brand PV sales grew 13.5%, higher than DFG PV average growth Own brand CV business maintained leading position; MDT,HDT sales maintained industry No.1 for 11 consecutive years Sales of National IV Emission compliance trucks topped industry Further enhance R&D capability NEV business achieved steady development 1400 more units of NEV put into demonstration operation
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Business Overview ( 4 )- Steady Growth of Production Capacity, Utilization Rate Maintained at High Level 0,000 units 2014Mid-term Capacity 2014year-end Capacity 2014 Production Utilization Rate 2014 Sales Sales- output Ratio Whole Vehicle 308316276.289.7%273.4116% CV 65 4062.2%39.598% PV 243251235.497.1%233.999% DF Nissan PV 10311393.8791%95.4102% DPCA 62 71.97115.9%70.498% DF Honda 36 32.289.5%30.896% DF PV 12 8.469.7%896% DF Liuqi (PV+CV) 222324.4111%28115% DF CV 24 13.968.9%15.7113%
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Finance Performance - Steady Growth of Sales Revenue and Profitability Sales Revenue (consolidated) Sales Revenue by Segments in 2014 (consolidated) Net Profit Net Profit by Segments in 2014 (consolidated) Unit: RMB 100mn
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Financial Performance – Further Enhanced Cost Control Capability Sustained Stable Profitability Factor Cost Pressure Increased Cost Control Capability Improved Overall Profitability Maintained Stable
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2014 PRC Auto Industry Overview 2014 DFG Business and Finance Performance DFG & PRC Auto Industry Outlook
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PRC Auto Industry Outlook: Sustainable Growth in the Coming Five Years 6.7% annual growth rate expected in the coming 5 years 6.7% annual growth rate expected in the coming 5 years
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DFG Outlook: Strive for Stable Growth and Improve Performance 0,000 units2014 Sales2015 Sales Forecast2015 Product Plan DFG273.4295~300 ( 8%~9.6% ) PV233.9255~260 ( 9%~11.2% ) 9 new models 4 face-lift models DF Nissan95.4 97~100 ( 1.7%~4.8% ) T70(SUV) L12M(C SED) New Qashqai ( SUV) New Murano ( SUV) QX50L(SUV) DF Liuqi MPV24.124~25 ( 0~3.7% ) DPCA70.476~78 ( 8.0%~10.8% ) 308S ( C Class HB) C3-XR(SUV) New C-Quatre DF Honda30.835~38 ( 13.6%~23.4% ) 2BW(B SED) New Elysion ( MPV) DF PV Co.,8.013~15 ( 62.5%~87.5% ) D28 (Cross ) L60 (Sedan) CV39.440(2.5%)1 new model, 16 facelift models
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