CMC — Investor Presentation 2020

Nov 18, 2020

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China Motor Corporation Investor Conference (ticker symbol ：2204)

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Agenda
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15:30

China Motor Corporation Investor Conference

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Presenter ： Cheng-Chang Huang Vice President

CMC Operating Results and Future Plan

Opinion Exchange

16:10

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CMC Operating Results and Future Plan

(ticker symbol ：2204)

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Safe Harbor Notice
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This presentation contains forward-looking statements concerning the financial condition, results of operations and businesses of China Motor Corporation (“CMC”). All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements.

Forward-looking statements are subject to significant risks and uncertainties which may vary from time to time and actual results may differ materially from those contained in the forward-looking statements, whether as result of new information, future events, or otherwise. CMC, its subsidiaries and representatives do not undertake any obligation to the damages resulted from the use, with or without negligence, of this presentation or other information related with it, except as required by law.

Any part of this presentation can not be, on any purpose, directly or indirectly replicated, spread, transmitted or published.

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Outline
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Market Overview

• Auto Market in Taiwan

• Auto Market in China

CMC’s Operating Results in Q1~Q3 2020

CMC’s Prospect in 2021

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Auto Market in Taiwan
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(Source: Directorate-General of Budget, Accounting and Statistics/ Taiwna Institute of Economic Research/ ChungHua Institution Economic Research)

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Vehicles below 5 tons amd 6 meters long:

430,000~440,000 units

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Auto Market in China
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(Passenger car: 18.15 million units/YoY -15.3% )

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Outline
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Market Overview

CMC’s Operating Results in Q1~Q3 2020

• Domestic and Overseas Sales in Jan.-Oct. 2020

• Operating Results in Jan.-Sep. 2020

CMC’s Prospect in 2021

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Domestic and Overseas Sales in Jan.-Oct. 2020
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項 目	Jan.-Oct. 2020 (A)	Jan.-Oct. 2019 (B)	Growth rate (A-B)/B	2019
Domestic Volume of Vehicles (OEM, Imported vehicles included)	41,450	42,279	-2.0%	48,757
Market Share	11.2%	11.5%	-2.6%	11.2%
Overseas Volume of Vehicles	617	708	-12.9%	854
Domestic Volume of Electric Scooters	4,797	5,712	-16.0%	8,269

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Operating Results in Jan.-Sep. 2020
(Disclosed in Consolidated Financial Statements)
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EPS in NTD, others in billion NTD

Item	Jan.-Sep. 2020 (A)	Jan.-Sep. 2020 (A)	Jan.-Sep. 2019 (B)	Jan.-Sep. 2019 (B)	Growth rate (A-B)/B	2019	2019
Operating Revenue	228.67	100%	243.99	100%	-5.9%	320.68	100%
Operating Income	13.96	6%	14.05	6%	-0.7%	18.20	6%
Non- Operating Income(Loss)	13.59	6%	(4.27)	-2%	-	(35.00)	-11%
Income (Loss) before Tax	27.55	12%	9.78	4%	181.6%	(16.80)	-5%
Net Income (Loss)	26.33	12%	4.71	2%	459.9%	(23.08)	-7%
EPS	4.52	-	0.29	-	-	(2.38)	-

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Outline
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Market Overview

CMC’s Operating Results in Q1~Q3 2020

CMC’s Prospect in 2021

• Auto Business in Taiwan

• Auto Business in China

• Auto Business in Overseas Market

• Electric Scooter Business in Taiwan

• New Business : AGV

• Corporate Social Responsibility

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Auto Business in Taiwan
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Estimated units 50,000

(OEM, Imported vehicles included)

Domestic Colt Plus Grand Lancer Outlander Zinger Zinger SAM SAM 2021 Model 2021 Model Pickup Truck

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Import
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Eclipse Cross
SAM
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2020

Import

Domestic

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Colt Plus Grand Lancer Outlander Zinger Zinger-Pickup Truck E-Veryca Eclipse Cross
2021 Model 2022 Model 2022 Model 2022 Model 2022 Model (five-seats) 2021 Model
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2021

Estimated units 50,000 (OEM, Imported vehicles included)

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ZINGER PICK UP
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$569,000
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• With CMC Safety Control Center(SCC)

• Flexible platform and practical equipment

• • Exquisite appearance and special color

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Auto Business in China
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DX9 New SUV ClassB

(14,919 units were sold from Jan.-Oct.)

2021

2020

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Aug. DX7 Minor Change was launched and won 6 awards in CCPC.

The DX7 model marketing campaign will be held at the end of 2020.

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「 Drive to the third polar region - from southeast to northwest 」

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Auto Business in China
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2020

Overview：

Fujian Benz as a luxury brand, the sales volume in Q3 is close to the sales volume in the same period 2019, and the performance in Q4 is expected to be better than the sales volume in the same period 2019.

2021

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V-class ,Vito

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Auto Business in Overseas Market
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Due to the COVID-19，the auto market had declined dramatically. Sep.：Export Panel Van to the Middle East. Dec.：Export Delica to the Middle East.

(617units were sold from Jan.-Oct.)

• Promote Delica to the Middle East and Central America.

• Export Panel Van to the Middle East.

• Expand the business opportunity of freezers to the Middle East and Central America.

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Electric Scooter Business in Taiwan
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 The variety of products

• All new models are being planed

• The competitive models

• Jul.2020-High CP value model

• Jul.2020-New color models

• Charging stations set-up(0.3C/1C/3C)

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• 2020/10/E Accumulated to 527 stations

• Cross-industry cooperation, Corporate promotion, Demonstration project

• Cross-industry cooperation-Chunghwa Telecom Co., i-Postmall, Carrefour

• Corporate promotion-Chunghwa Post Co., Taiwan Power Co., KFC.

• Electric Scooters Sharing -National Chiao Tung University

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(4,797units were sold from Jan.-Oct.)

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Electric Scooter Business in Taiwan
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Create a Sustainable Energy Community
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• A total of 527 charging stations around the cities.

• 3C charging stations: Electric scooters can be charged to 50% in 10 minutes.

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Chargin 0.3C 1C 3C
g Mode (1.2kw) (4.8kw) (14.4kw)
Station 323 7 197
dealers/CPC
Universities
stations/restaurants/
(Tsing Hua, shopping malls
Location shopping malls/universities/
Chung Yuan) sports centers
parking lots/government
Suppliers
agencies, ect.
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(2020/10/E, Visit eMOVING official website for details)

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Specialty Stores
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台中山西專賣店
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(including Penghu, Kinmen Islands ,until 2020/10/E)

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New Business ：AGV(Automated Guided Vehicle)
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• AGVs are designed and manufactured at automotive standards and levels, and applied in a lot of industries, such as automobile, textile, footwear, electronics, optoelectronics and medical biotechnology industries.

• In recent years, CMC focused on the development of " Trackless Guidance Mobile Robot ", promoted the business to semiconductor industries in Taiwan, and even to foreign markets in the future.

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Magnetic Track Guidance Trackless Guidance AGV Mobile Robot Carrying& Heavy-Load Mobile Robot Mobile Low-Platform Model OMR / DMR E-Rack Model

Customized Model

Magnetic Track/Trackless Guidance Customized Model

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Corporate Social Responsibility
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CMC provides vehicle maintenance services to keep traffic safety in the countryside. In 2020, CMC cooperated with Taipei City University of Science & Technology and Dong Wu Vocational High School to provide vehicle maintenance service in Saviki village.

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Corporate Social Responsibility
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In 2020, China Motor Association held three lectures on environmental sustainability and beach clean-up activities in Taoyuan city, Taichung city and Tainan city. 39 suppliers and 126 people participated in the activities, collected 253 kg of marine litters.

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THANK YOU FOR WATCHING

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(股票代號：2204)