GKN China
GKN in China
吉凯恩在中国
Redburn Investor Visit
11 October 2011
GKN China
GKN: leadership in four specialist, global sectors
Automotive Driveline
Powder Metallurgy
Land Systems
Aerospace
GKN China
GKN in China
Emitec
Beijing
Office
SDS
Changchun
Hoeganaes
06/2011
Danyang
Changchun
Sinter
Metals
Danyang
Beijing
GKN Z
Hoeganaes
Mengzhou
Shanghai
Office
GKN
CHINA
HOLDING
Shanghai
GDC
Wuhan
Chongqing
Shanghai
Chongqing
SDS
WOFE
JV
Shanghai
3 Plants
SDS
Wuhan
Guangzhou
11 plants, 5000 employees
Wheels
2010 Sales RMB4.6bil/$670mil
Liuzhou
TSH
Shanghai
Land
Systems
Shanghai
Office
GKN China
GKN China - Automotive
GKN China
GKN China
GKN China
Shanghai GKN Drive Shaft (SDS)
Established
1988
Location
Shanghai
Zhou Pu plant, Kang Qiao plant, Shen
Jiang plant
Shareholders
GKN 50% SAIC 35%,
BOCOM 5%, SDIC 10%
Products
Constant Velocity Joints,
IC Shafts, Forgings
Main Customers
SVW, FAW, SGM, Citroen, Honda,
Nissan, Ford, Fiat, Toyota, Kia,
BMW, Benz
GKN China
GKN Chongqing Driveshaft (GDC)
Established
2006
Location
Chongqing
Shareholders
SDS 51%, CSG 40%, GKN 9%
Products
CVJ Shafts
Main Customers
CAF, CA-Suzuki, BYD, JMC,
Wuling Group, FAW-Hongta,
Guizhou Yunque
GKN China
SDS Wuhan Plant
Established
2009
Location
Wuhan
Shareholders
SDS 100%
Products
CVJ Shafts
Main Customers
Dongfeng, Citroen, Honda
GKN China
SDS Changchun Plant
Established
June 2011
Location
Changchun
Shareholders
SDS 100%
Products
CVJ Shafts
Main Customers
FAW, BMW Brilliance, Toyota
Ground-breaking 28 May 2010
Opening ceremony 27 June 2011
10
GKN China
GKN Driveline Torque Shanghai (TSH)
Established
2006
Location
Shanghai Kang Qiao
Shareholders
GKN 100%
Products
Differentials, PTU’s, FDU’s,
Torque management devices,
eDrive products
Main Customers
GM, SGM, Nissan, JAC, Chery,
SangYong
Differentials for
Transmissions and
Limited Slip and
Locking Differentials
AWD/4WD
Couplings
Power Transfer
Units
Final Drive Units
Expanding capacity for differentials and AWD components
GKN China
Establishing local competence for HEV and EV
M
China EV Demo Car with GKN eDrive
(Cooperation with Bosch UAES)
12
GKN China
GKN Zhongyuan Cylinder-liner (GKNZ)
Established
2005
Location
Mengzhou City, Henan
Shareholders
GKN 59%, ZYNP 41%
Products
Heavy Duty Diesel Engine
Cylinder Liners
Main Customers
Cummins, Volvo, Scania, CAT, Wuxi
GKN China
GKN China - Powder Metallurgy
GKN China15
China Powder Metallurgy Market Growth
China - PM Market Growth Forecast
Tons, thousands
250
Non-premium quality market
Premium quality market
200
131
128
120
150
111
98
83
100
50
74
83
2010
2011
93
104
113
2013
2014
124
0
2012
2015
GKN China
GKN Sinter Metals China – DanYang
Established
1995
Location
Danyang, Jiangsu
Shareholders
GKN 100 %
Products
PM parts for automotive
engines and transmissions
Main Customers
INA, GFT, SGM, VW, Jatco
VVT components
Synchronizer hubs
Carriers
Targeting premium automotive power-train applications
GKN China
GKN Hoeganaes China – DanYang
Established
Oct 2010
Location
Danyang, Jiangsu
Shareholders
GKN 100 %
Products
Premium iron powder for PM
parts in automotive, tools
Main Customers
GKN, NBTM, Porite, Sinteron,
KSM, HTL
Targeting premium powder market
GKN China
GKN China - Land Systems
GKN China
China Mining & Construction Equipment Market
China’s construction market has been driven by strong property and
infrastructure investment
China Construction Machinery Association CCMA sees revenues
doubling to RMB900 billion in next five years
Heavy duty and mining equipment sales are expected to see annual
growth of around 10% in the next five years
All key international players are investing in China
Chinese CE makers have aggressive expansion plans overseas
GKN China
GKN Wheels Liuzhou Co, Ltd
Established
2006
Location
Liuzhou, Guangxi
Shareholders
GKN 100%
Products
Wheels for construction machinery,
agricultural machinery, harbour
machinery, fork lift trucks, cars,
other special machinery
Main Customers
SGMW, Liugong, Liuqi, Liute, Noell,
Zhenhua
Leader in construction wheels, expanding in mining and agricultural market
GKN China
Wheels Liuzhou – A Successful Transformation
Rim Line
Model Cell 1
Disc Line
Model Cell 2
Paint Line
Model Cell 3
21
GKN China
China Wind Power Market
China has become the fastest growing wind power market in the world
China aims to boost total wind-generated power to >200 GW by 2020
More than 70 OEM’s and component manufacturers
Domestic companies dominate the market, foreign players maintaining a
high end role
Source: China Wind Power Report 2010
GKN China
GKN Stromag Drive Technology Taicang Co, Ltd
Established
2010
Location
Taicang, Jiangsu
Shareholders
GKN 100%
Products
Disc brakes for wind turbines
Main Customers
Goldwind
GKN Day One 6 September 2011
Targeting local wind turbine market with acquisition of Stromag business
GKN China
GKN China - Aerospace
GKN China
China Aviation Market
China investing RMB1.5 trillion ($228billion) in aviation industry
175 commercial airports in 2010, will add 45 in next five years
700 new commercial aircraft in next five years
All international aircraft makers source components in China
China’s ARJ21 regional jet in service in 2011
Developing new C919 large trunk-liner jet,
sell 2000 units in 20 years
6000
5,055 5,029
5000
4000
3000
2000
1000
443 485
754 863 998
523 510 527 566 602 664
1,134 1,259 1,411
0
Source: AVIC website and AvBuyer website
expected to
4,531
GKN China
GKN Aerospace in China
Subcontracting of engine nacelle components for Honeywell HTF 7500 to Hafei Aviation
MoU signed with COMAC for a JV to manufacture the horizontal tailplane for the C919
GKN China
GKN in China - Summary
The first Western automotive supplier to invest in China in 1988
More than 20 years experience in China with wholly owned businesses and
JV’s with various Chinese partners
Leading market positions in automotive and off-highway
Committed to growth with localized product range and development
capabilities, fully integrated in GKN’s global network
Investment plans in place to double in size in the next 5 years
Exploring opportunities for new partnerships in Aerospace and Land
Systems
GKN China
Thank you!
谢谢！