![]() ![]() And also for the Lynk&Co, there will be the upgrade versions of all major existing models for geometry. Under Geely, there's a new brand for sedan and also our brand new CMA platform, SUV model, which was a key X1 as you can see on the slide. And we have made entry into Europe with two clubs. And now, we have about 280 Lynk&Co centers, 15 Lynk&Co spaces in China and the launch of 05 & 06 and PHEV version of 06 has been quite popular and successful. The net profit has reached about 515 million - 12 million and we went up by 5%. And also, our monthly target was also up to a new high. The 2020 sales volume is next to about 180,000 units up by 37%. It has been quite popular in a marketplace where there is some market reputation going up always. Lynk&Co has made a fabulous story as well. Our partner BNPP PF has exercised to call option to acquire additional equity interest in Genius AFC. For Genius AFC, our loan assets rose to about RMB41.6 billion with low default rates against the pandemic. ![]() So, these are the - some of the introductions of our financial company. So, there's a huge room for future improvements in the days to come. In addition, we have also seen rapid increase and improvement in terms of our product quality and the max range per charge. And also we have a complete lineup for an EVs including the MHEVs, PHEVs, and BEVs. For the domestic sales that's remained unchanged, while export is up by 35% largely because of our overseas market performance, which is quite good for the distribution of the segment is largely dominated by SUV accounting for about 32% - 62% for new energies is sold at about over 68,000 sets. ![]() Operation first of all, let's take a look at the sales performance. In order to maintain our competitiveness, our R&D expense was up by 22% laying a solid foundation for the future and we have also placed 600 million new shares to strengthen our capital base. It is largely because of our financial company and Lynk&Co boost. The 2020 key highlights include the whole market for wholesale share was about 6.45% with the successful launch of machinery that has head roads new era of version 4.0 for GD. Considering our total cash standing at about RMB19 billion, so the management board decided the dividend payout ratio is 30%. Gross margin is about 16% and our operating margin is 5.4%. But if you'll calculate the Lynk&Co, the average selling price including Lynk&Co will be up by one percentage point, which is up to about RMB80,451. The wholesale volume was down by 3% RMB1.32 million. We have made an attribute profit of about RMB5.53 billion. And my colleague, will take up the next part, which is of our financial and ESG.įirst of all, let's talk about take a look at the results at abstracts. I will cover the first two parts, results, abstracts and operation. Today's presentation is divided into four parts. Now, we will play the presentation now to you. My colleague and I will introduce to you our announcement materials and it will be followed by the speakers from two executives and the third item of this conference is the Q&A session. Ang Siu Lun, Lawrence, Executive Director of Geely Automobile Holdings Limited. , Senior Vice President and CFO of Geely Auto Group.Īnd also, we have with us through online participation is Mr. Gui Sheng Yue, CEO and Executive Director of Geely Automobile Holdings Limited and Mr. An Cong Hui, President of Geely Holding Group, Chairman of Geely Auto Group, Executive Director of Geely Automobile Holdings Limited CEO of Zeekr and Mr. Daniel Donghui Li, CEO of Geely Holding Group, Vice Chairman and Executive Director of Geely Automobile Holdings Limited and Mr. įirst of all, I’d like to introduce you to the executives attending today's conference. Thank you very much for attending the Geely Automobile Holdings Limited 2020 Annual Results Announcement. Gui Sheng Yue - Chief Executive Officer & Executive Director of Geely Automobile Holdings LimitedĪn Conghui - President, Geely Holding Group, Chairman of Geely Auto Group, Executive Director of Geely Automobile Holdings Limited, Chief Executive Officer, Zeekr Geely Automobile Holdings Limited ( OTCPK:GELYF) Q4 2020 Earnings Conference Call Ma5:15 AM ETĭaniel Donghui Li - Chief Executive Officer, Geely Holding Group, Vice Chairman & Executive Director of Geely Automobile Holdings Limited ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |