engley - ky...2016/06/14 · high-end car (till 2016q1) sales ranking for passenger car (till...

開曼英利工業股份有限公司 Cayman Engley Industrial Co., Ltd.

Best Partner of Automobile Industry

Stock Code：2239 ENGLEY - KY


NO.1 /Company profile P.03~12

NO.2 /Industrial development P.13~22

NO.3 /Product P.23~32

NO.4 /Automation P.33~35

NO.6 /Competitive advantage P.39~40

NO.7 /Business performance P.41~42

Catalogue

2

NO.5 /RD Achievement P.36~38

NO.8 /Operation principle P.43~44


Company Profile 1


Company Profile

開曼英利工業股份有限公司 Cayman Engley Industrial Co., Ltd. 2015

Company Cayman Engley Industrial Co., Ltd.

Chairman Chi-Pin Lin

Set-up Time 16th, Jan, 2015

Headquarter NO.888,Shunda Rd, High-tech Area, Changchun, Jilin Province, P. R. China

Staff number 2846（Till 2016Q1）

Industry Automobile industry

Business Development and manufacturing of Metallic and non-metallic automobile part, mold manufacturing and other service

4


Development History

添加標題添加標題添加標題添加標題

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

Move to Changchun; expand the business with automobile BIW stamping part

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

Establish JV- Honley (CECK) and Changsha Engley

1991 2001 2006 2008 2009 2011 2012 2013 2014 2015

5


Cayman Engley Industrial Co., Ltd.

Changchun Engley Automobile Industry Co., Ltd.（China）

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Suzhou Engley Auto Part Co., Ltd. (China)

6


Organization Distribution – 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：

Northeast China

開曼英利工業股份有限公司 Cayman Engley Industrial Co., Ltd. 8 8

Organization Distribution – North China Area：

Beijing, Tianjin, Hebei, Shanxi

Engley Distribution ： Tianjin Engley Linde+Engley（Tianjin）

North China

Car Makers：

開曼英利工業股份有限公司 Cayman Engley Industrial Co., Ltd. 9 9 9

Organization Distribution – Eastern China Area：

Shandong, Jiangsu, Anhui, Zhejiang, Shanghai

Engley Distribution ： Suzhou Engley Yizheng Engley Suzhou Engley Kunshan Branch Eastern China

Car Makers：

開曼英利工業股份有限公司 Cayman Engley Industrial Co., Ltd. 10 10 10 10

Organization Distribution – Central China Area：

Hubei, Hunan, Henan, Jiangxi

Engley Distribution ： Changsha Engley

Central China

Car Makers：

開曼英利工業股份有限公司 Cayman Engley Industrial Co., Ltd. 11 11 11 11 11 11

Organization Distribution – Southwest China Area：

Sichuan, Yunan, Chongqing

Engley Distribution ： Chengdu Engley

Southwest China

Car Makers：

開曼英利工業股份有限公司 Cayman Engley Industrial Co., Ltd. 12 12 12 12 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：


Industrial Development 2


Industrial Development

576 722

879 938

1364

1806 1851 1931

2198 2349

2460

13.50%

25.30% 21.80%

6.70%

45.50%

32.40%

2.50% 4.30%

13.90%

6.90% 4.70%

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

35.00%

40.00%

45.00%

50.00%

0

500

1000

1500

2000

2500

3000

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

10,000 Growth rate

Resource from: Marklines database

Automobile sales in recent decade in China:

14


Industrial Development

471

1022

2127

4094

4661

207 572

1826

3130

4470

0

500

1000

1500

2000

2500

3000

3500

4000

4500

5000

2000 2005 2010 2015 20202000 2005 2010 2015 2020

Productivity 471 1022 2127 4094 4661

Annual Output 207 572 1826 3130 4470

Input Rate 44.00% 56.00% 86.00% 76.00% 90.00%

10,000

Output prediction of mainland China automobile market for 2000~2020:

Resource from: China Automobile Association, FORURIN, IEK

15


Customer

With ample manufacturing experience and RD ability, Changchun

Engley provides design, development, manufacturing and after-

sale service to main domestic car factories.

16


Automobile Sales Ranking

Sales ranking for

high-end car

(Till 2016Q1)

Sales ranking for passenger car (Till 2016Q1)

17

Resource from：Automobile Sales Ranking Web, CPCA, China Automobile Industry Association

BRAND SALES

(10,000 )

1 AUDI 13.95

2 BMW 12.71

3 MERCEDES-BENZ

10.66

4 JAGUAR-LAND ROVER

2.75

5 LEXUS 2.33

BRAND SALES

(10,000)

1 VW 76.54

2 CHANGAN 30.68

3 SAIC-GM 28.53

4 TOYOTA 25.23

5 CHANGAN- FORD

25.13

6 HONDA 23.33

7 Hyundai 22.90

8 SGMW 21.62

9 GREATWALL 19.23

10 Nissan 18.69


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 2,500,000 35.14%

FAW 219,670 273,000 295,000 320,000 352,000 38.04%

SVW 1,889,396 1,950,000 2,020,000 2,110,000 2,190,000 17.11%

VOLVO 68,788 374,692 644,753 795,665 808,558 530.22%

BBAC 309,660 388,320 383,200 561,890 582,000 87.95%


Yield prediction for main customers in 2016

Customer JAN FEB MAR APR MAY JUN JULY AUG SEP OCT NOV DEC Total

FAW-VW 161,318 114,685 165,755 164,790 168,255 162,148 144,103 154,230 162,275 107,595 161,881 136,728 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 19,540 219,670

SVW 167,338 132,628 189,881 171,916 178,534 175,587 157,143 149,043 143,915 141,182 160,254 121,976 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 23,888 23,410 26,426 25,101 29,109 18,303 27,708 34,629 30,736 26,350 22,000 22,000 309,660


New models launched in 2016 and 2017

Customer MODEL Predicted launch time Remark

FAW-VW

AUDI B9（AUDI A4L） July, 2016 New model

Magotan B8L June, 2016 New model

NEW BORA NF Mar, 2016 New model

Golf Sportsvan Apr, 2016 New model

FAW

D015(new B50) June, 2016 New model

J5LA（MAZDA CX4） Apr, 2016 New model

X80FL 2016年11月份 Renewal model

J71FL June, 2016 Renewal model

B70FL June, 2017 Renewal model

SVW

Touran NF Mar, 2016 New model

SKODA A+ Q3, 2016 New model

B-SUV Q1, 2017 New model

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 E Class July, 2016 New model


Award

2013 Mold Supplier Certificate

- by FAW-VW

2013 Excellent Quality Award

-by Brilliance AUTO

2011 Excellent Localization Award

-by FAW-VW


-by FAW-VW

2009 Excellent Development Award

-by FAW-VW

2008 Quality Process Award

-by FAW-VW


-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


Sales Performance

22

Customer Sales Ratio

FAW-VW 74.63%

BBAC 9.05%

SVW 3.54%

SGM 1.56%

Others 11.22%

Sales Ratio of Y2015:

74.63%

3.54%

9.05%

1.56% 11.52%

FAW-VW

SVW

BBAC

SGM

OTHERS

Brand Ratio

Joint venture brand 58%

High-end brand 38%

Self-owned brand 4%

58%

38%

4%

Joint venture

brand

High-end

brand

Self-owned

brand

Brand-oriented sales of Y2015 （*Currency：NTD 1,000 ）：


Product 3


Product Ratio and Sales

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

*Currency：NTD 1,000

Y2014 Y2015 Y2016 Q1

Sales Sales ratio Gross profit

rate Sales Sales ratio

Gross profit rate

Sales Sales ratio Gross profit rate

Metallic 8,551,208 63.72% 13.95% 8,089,865 65.21% 17.93% 2,066,400 67.32% 22.45%

Non-metallic 4,400,491 32.79% 24.15% 4,153,606 33.48% 21.56% 985,598 32.11% 25.51%

Mold & others

468,707 3.49% 18.94% 162,295 1.31% 48.72% 17,699 0.57% 79.97%

Total 13,420,406 100.00% 17.47% 12,405,766 100.00% 19.54% 3,069,697 100.00% 23.76%

67.32%

32.11%

0.57% Metallic

Non-metallic

Mold & others

開曼英利工業股份有限公司 Cayman Engley Industrial Co., Ltd. 25 25

Main product ratio

47.00%

16.00%

9.00%

12.00%

8.00% 8.00%

Sales Ratio

BIW

stamping part

Underbody shield

Frontend

Cockpit carrier

Safety part

Product Sales Ratio BIW

stamping part 282,845,693.19 47%

Underbody shield 98,609,782.35 16%

Frontend 70,026,593.25 12%

Cockpit carrier 55,243,378.25 9%

Safety part 50,047,818.90 8%

Others 50,098,125.35 8%

Total 606,871,391.29 100%

*Currency：RMB YUAN / 2016Q data by our company


Product – Non-metallic

1 2 3

4

5

6

1/ Frontend

2 /Battery tray

3 /Door panel

4 /Wheel arch liner

5 /Spare wheel pan

6 /Underbody shield

Raw material resource

Material Supplier

GMT QPC

PP+GF SABIC

PA+GF Juner

SYMALITE Lightweight

26


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.

Character：

Light-weight; high strength; easy processing;

anti-rust; noise reduction

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.

Project：AUDI Q3 Q5 A4L A6L A3 underbody shield, MAGOTAN-CC underbody shield Assembly location: chassis Process: Thermo-compressing

27


Non-metallic Product – Other Plastic Part

GMT Underbody shield

Character：anti-bending and

high shock strength

Project: BBAC

Assembly location：chassis

Process：Thermo-compressing

LFT Underbody shield

Character：Low cost

Project : MAGOTAN CC



GMT

D-LFT

SMC Underbody shield

Character：heat-resistance and

favorable appearance

Project : BBAC



SMC

28


Product – Metallic

1\ CCB

2 \ Rocker panel

3\ Front bumper 4 \Rear bumper

5\ B pillar

6\ spare wheel pan

Raw material resource

Material Supplier

Steel plate Zhang Quan, Bao Steel, Ang Shou, Yi Tu

Aluminum Dong Qing, Li Yuan

29


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.

Character：

Light-weight; high strength and energy absorption;

recycling

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.

Project ：AUDI A6L

Assembly location: Instrument panel

Process: Punching, welding

30


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.

Project : MAGOTAN

Assembly location: Side body

Process: Punching, welding

Character：

High strength and yield strength;

stable and weight-reducing

31


Customer Occupancy of Main Product

0.00%

20.00%

40.00%

60.00%

80.00%

100.00%

120.00%

BBAC AUDI FAW-VW SVW VOLVO

Frontend

UBS

CCB

32


Automatic Equipment 4


Large scale and Automatic Equipment

Equipment Number Remark

Heating machine 83

Punching machine 90 150T-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 53 100T-2000T press machine

Injection machine 38 120T-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 716

Equipment List for Engley group:

34


Large scale and Automatic Equipment

Injection machine

Multi-station transfer press machine

Auto-feeding and heating system

Progressive mold line

添加標題

Welding robot station

Rolling machine

Automation line for SYMALITE Lightweight

35


RD Achievement 5


RD Design

1.Feasible analysis 2. Data analysis 3. Lightweight-

oriented support 4. Animation

analysis 5. Module design

1\ Molding design

2\Process analysis

3\Match analysis in

mode of finished car

1\3D structure

2\2D drawing

3\CAE analysis

Animation match

for assembly part

via 3D software.

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.

Engley start on the research of simultaneous development and the reserve of technical staff since Aug, 2009.

At present, Engley gradually fulfilled the laboratory equipment while strengthened the design power. The number

of design project to domestic car makers is about 50.

37


Module Service

38

Non-metallic

frontend ASSY

Finished car

Assembly line

Other part Frontend

semi-finished ASSY

Radiator fan

ASSY

Condenser

ASSY

Lock of engine

cover ASSY

Front bumper

ASSY

Other

component

Made by Engley


Competitive Advantage 6


Competitive Advantage

1

1. Client resources from home and abroad

2. Lower cost

3. RD ability on product and mold

4. Wide distribution of branches

CORE Superiority

40


Business Performance 7


Business Performance

0

5

10

15

20

25

0

2,000,000

4,000,000

6,000,000

8,000,000

10,000,000

12,000,000

14,000,000

16,000,000

Y2014 Y2015 Y2016Q1

Income

Gross

profit

rate

42

*Currency：NTD -Thousand Yuan

Year Income Gross profit

rate Net profit

EPS (NTD Yuan)

Y2014 13,420,406 17.47% 1,141,819 11.42

Y2015 12,405,766 19.18% 1,120,107 11.20

Y2016Q1 3,069,697 23.76% 331,575 3.09


Operation Principle 8


Operation Principle

Pragmatic & Precise

Honest Management

Pioneering & Innovative

Sustainable Development

44


Thank you!

45

engley - ky...2016/06/14 · high-end car (till 2016q1) sales ranking for passenger car (till...

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