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P.1 J.P. Morgan’s Fifth China Conference June 10 – 12, 2009.

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Presentation on theme: "P.1 J.P. Morgan’s Fifth China Conference June 10 – 12, 2009."— Presentation transcript:

1 P.1 J.P. Morgan’s Fifth China Conference June 10 – 12, 2009

2 P.2 Content PRC Auto Industry Overview DFG Business Overview DFG Financial Performance Outlook of DFG and PRC Auto Industry in 2008

3 PRC Auto Industry Overview

4 P.4 China – the Most Dynamic Auto Market Worldwide Unit:0,000 575.8 721.6 879.2 938.1 31.04% 68.96% 71.73% 28.27% 28.37% 71.63% 72.02% 27.98% Total industry sales volume and sales structure Total Sales Volume PVPV CVCV

5 P.5 Rapid Growth of Sedan and SUV PV : PV Demand Breakout in Midwestern Cities Distinct Change in Consumption Structure Demand Breakout in Mid-western Cities Note:Eastern Region: Beijing, Tainjin, Hebei, Shangdong, Jiangsu, Shanghai, Zhenjiang, Fujian, Guangdong, Hainan Northeastern Region:Liaoning, Jilin, Heilongjiang Central and Western Region: 中国大陆其它省份 Central China –Shangxi, Henan, Anhui,Hubei, Jiangxi, Hunan PRC PV Registration Proportion by Region 注:东部地区包括:北京、天津、河北、山东、江苏、上海、 浙江、福建、广东、海南 东北地区包括:辽宁、吉林、黑龙江 中西部地区包括:中国大陆其它省份

6 P.6 CV: Sales Volume Steadily Grows, HDT in the Limelight Unit: 0,000 Steadily Growing CV Market CV Sales Volume Truck Sales Structure Distinctive Change in CV Sales Structure

7 DFG Business Overview

8 P.8 Sales Growth Rate Higher than Industry Average Market Share Steadily Increases Steady Expansion of Market Share Unit : 0 , 000 DFG Sales Volume & Sales Growth Rate DFG : Unit:0,000

9 P.9 Extensive PV Product Mix, Remarkable Performance of New Models Unit:0,000 DFG PV Sales Volume & Market Share Remarkable Performance of New PV Models Qashqai 2.4 New Teana 4.4 New Elysee 4.68 X-Trail 0.42 Mar AprJunNov Unit:0,000

10 P.10 CV Sales Volume Steadily Grows, Good Performance in Sub-segments Unit:0,000 Rapid Growth of LCV Business Strong Performance of Kinland  Dongfeng HDT Kinland was launched in May,2006. 2007 sales reached 22,000 units. 2008 sales exceeded 40,000 units. Other CV models such as Tianjin and Chenglong are all well received in the market. Steady Growth of HDT and MDT Sales Volume Unit:0,000 Unit:0,000 Unit:0,000

11 P.11 Constant Upgrading and Expansion of Sales Network Utilization Rate Maintains at a Comparatively High Level Comparatively High Level of Utilization Rate Constant Effort in Network Construction Unit:0,000 Unit:0,000

12 DFG Financial Performance

13 P.13 Strong Sales Revenue Growth Driven by Improved Sales Structure Strong Growth of Sales Revenue Unit:RMB mn PV Sales Revenue CV Sales Revenue Unit:RMB mn

14 P.14 Constant Improvement of Profitability due to Distinct Competitive Edge Unit:RMB mn Gross Profit and Gross Margin EBIT and EBIT Rate Net Profit and NP Margin ( Recurring ) ROE ( recurring )

15 P.15 Further Improvement of Financial Structure and Operating Efficiency Asset-liability Ratio Interest Coverage Ratio Debt to Capital Ratio Accounts Receivable Turnover Days Unit: Day

16 P.16 Significant Increase of Cash Flow from Operation, Return Value to Investors through Dividend Payment Unit:RMB mn Significant Increase of Cash Flow from Operation Dividend Payment in the Past 3 Years Unit:RMB mn

17 Outlook of DFG and PRC Auto Industry in 2008

18 P.18 PRC Auto Sales in Recent Years Growth Prospect for PRC Auto Industry in 2009 Unit:0,000 Unit: unit/1000 PRC Auto Sales in the 1 st Five Months of 2009 Comparative Low PRC Auto Penetration Rate Auto Sales Volume Growth in Major Auto Markets Unit:0,000

19 P.19 DFG Business Plan for 2009 New Sylphy C-Quatre Sedan Hatchback 207 C5 Hatchback Elysee PSA Peugeot Citroën New CIVIC New Car 2009 Jan-May2008Jan-May 2009 YOY Growth DFG Total 4942914859301.72% PV 36327230195420.31% CV 131019183976-28.78% Dongfeng Nissan PV Company 18032112785941.03% Dongfeng Peugeot Citroen 95561871259.68% Dongfeng Honda 73359699964.8%


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