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Autoconf18 Report EN.Pdf
8th Edition CPRJ Plastics in Automotive Conference & Showcase and 2018 Annual Conference of Society of Automotive Engineers of Chongqing 8-9.11.2018 | Venue: Radisson Blu Hotel Chongqing Shapingba Adsale Publishing Ltd. ( Adsale Group) Society of Automotive Engineers of Chongqing China Plastics & Rubber Journal CHINAPLAS Society Plastics Engineers (SPE) SpecialChem.com Guangzhou International Electric Vehicles Show 2018 Guangzhou International Auto Parts & Accessories Exhibition China Central and Western Regions Plastics Industry Alliance More Details:AdsaleCPRJ.com/AutoConference 1 / 20 8th Edition CPRJ Plastics in Automotive Conference & Showcase and 2018 Annual Conference of Society of Automotive Engineers of Chongqing Salute to the Following Sponsors 2 / 20 8th Edition CPRJ Plastics in Automotive Conference & Showcase and 2018 Annual Conference of Society of Automotive Engineers of Chongqing Conference Programme Morning Session 08:00-12:15 08:00 Audience Reception 08:40 Welcome Remarks Adsale Group, Adsale Publishing Ltd. General Manager, Janet Tong The Moderator: Society of Automotive Engineers of Chongqing, Vice President, Jianping Lou Prof. Yansong He 08:50 Yanfeng Plastic Omnium Automotive Exterior Systems Co., Ltd. - Wei Wang, Head of Smart Manufacturing The development of unmanned manufacturing for automotive exterior design 09:20 HuaChen Automotive Engineering Research Institute - Zhi li, Chief Engineer of Automotive Engineering Research Institute &Leader of Non-metal Material The applications and development roadmap of non-metal materials for light weighting of Brilliance Auto Group. 09:50 Jinyoung (Xiamen) Advanced Materials Technology Co., Ltd. - Steven Gao, Director of Vehicle Material, Jinyoung Advanced Materials Leading Solutions on New Energy Vehicle Application 10:10 Ningbo Shuangma Machinery Industry Co., Ltd. - Yupeng Liu, CTO Research and application of fiber reinforced thermoplastic composites molding technology 10:30 Coffee Break / Networking / Exhibition Visiting 11:00 Changan Ford Automobile Co., Ltd. -
Dongfeng Motor (489.HK) – Initiation of Coverage 10 January 2013
Dongfeng Motor (489.HK) – Initiation of Coverage 10 January 2013 Dongfeng Motor (489.HK) Automobile Sector 10 January 2013 Research Idea: Moving Up the Gears Target Price HK$15.00 We rate Dongfeng Motor (DFG) a Buy with 12-month target price of 12m Rating Buy HK$15.00. Its sales have dropped since Q3 2012 amid Sino-Japan tensions, 16% upside but we expect a recovery to pre-protest levels in Q1 2013 and growth to DFG – Price Chart (HK$) persist backed by a strong brand lineup. As one of the nation’s leading 22 Bull, HK$20.90 20 automakers, DFG is a good proxy for a secular sector growth story. 18 16 Base, HK$15.00 Three reasons to Buy: 14 12 10 . Sino-Japanese tensions have eased. DF Honda’s sales rebounded to 8 pre-protest levels while DF Nissan’s rebounded to 80% of pre-protest 6 Bear, HK$6.40 Jan12 May12 Sep12 Jan13 May13 Sep13 Jan14 levels in December, well above expectations. Consumer concerns about damage to vehicles should be offset by Sino-Japan auto JVs Price (HK$) 12.96 guaranteeing to repair damage caused during the recent unrest. We Mkt cap – HK$m (US$m) 112,354 (14,494) expect DFG’s sales volume growth to rebound from down 0.8% to +11% in FY13. Free float – % (H-share) 100.00 3M avg. t/o– HK$m (US$m) 299.5 (38.6) . Strong brand lineup can facilitate market-share gains. DFG has Major shareholder (%) three JVs and a comprehensive range of well-received models, which should help minimize sales fluctuations. -
2016 Annual Report
東風汽車集團股份有限公司 DONGFENG MOTOR GROUP COMPANY LIMITED Stock Code: 489 2016 Annual Report * For identification purposes only Contents Corporate Profile 2 Chairman’s Statement 3 Report of Directors 7 Management Discussion and Analysis 42 Profiles of Directors, Supervisors and Senior Management 51 Report of the Supervisory Committee 59 Corporate Governance Report 61 Independent Auditor’s Report 84 Consolidated Income Statement 91 Consolidated Statement of Comprehensive Income 92 Consolidated Statement of Financial Position 93 Consolidated Statement of Changes in Equity 95 Consolidated Statement of Cash Flows 97 Notes to the Financial Statements 100 Five Year Financial Summary 189 Corporate Information 191 Notice of Annual General Meeting and Relating Information 192 Definitions 208 Corporate Profile Dongfeng Peugeot Citroën Sales Co., Ltd. Dongfeng Peugeot Citroën Auto Finance Co., Ltd. Dongfeng (Wuhan) Engineering Consulting Co., Ltd. Dongfeng Motor Investment (Shanghai) Co., Ltd. Dongfeng Off-road Vehicle Co., Ltd. Dongfeng Motor Co., Ltd. Dongfeng Nissan Auto Finance Co., Ltd. China Dongfeng Motor Industry Import & Export Co., Ltd. Limited Dongfeng Motor Finance Co.,Ltd. Dongfeng Getrag Automobile Transmission Co., Ltd. Dongfeng Renault Automobile Co., Ltd. Dongfeng Liu Zhou Motor Co., Ltd. Dongvo (Hangzhou) Truck Co., Ltd. Honda Motor (China ) Investment Co.,Ltd. Motor Group Company Dongfeng Honda Auto Parts Co., Ltd. ), the predecessor of Dongfeng Motor Corporation and the parent of the the parent of Corporation and of Dongfeng Motor the predecessor ), Dongfeng Honda Engine Co., Ltd. Dongfeng Honda Automobile Co., Ltd. Dongfeng Dongfeng Peugeot Citroën Automobile Co., Ltd. Dongfeng Commercial Vehicle Co., Ltd. Dongfeng Electrical Vehicle Co., Ltd. 第二汽車製造廠 Dongfeng Special Purpose Commercial Vehicle Co., Ltd. -
Nov 5-6, 2020 Place: Shanghai, China Theme: Reduce Cost and Increase Efficiency, Move Towards the "New Four Modernizations" Host
Date: Nov 5-6, 2020 Place: Shanghai, China Theme: Reduce cost and increase efficiency, move towards the "new four modernizations" Host: Adsale Publishing Ltd., (Adsale Group) Organizer: Co-organizer: Supporters: Agenda: Highlights: 5 Nov ( Full day ) Morning Session 400+ Professionals Parallel sub-forum: 20+ Expert Presentations - Lightweighting to reduce cost and increase efficiency 40+ Exhibitors - Intelligentization and interiors & exteriors Whole Car & Auto Parts 70% - Electrification and key material technologies Manufacturers Kingfa Concurrent Workshop: Total material solution for new energy vehicle (EV) 6 Nov ( Half day ) Plant visit or technical forum OE qiche 丨 Procurement Matching Meeting (Plastic and rubber session) Confirmed Sponsors: YIZUMI, FCS, Gimatic, JSW, SHINI, Sino-Auto, Kingfa, Crerax, Multitech, 3DPRINTING TECHNOLOGY, NINGBO, WANHUA, COLOR MASTER BATCH, KING, WELSON, DOW, XIANGLONG, WITTMANN BATTENFELD, KAWATA, INCOE, Veryone, TIXCH, SODICK, FANUC, Cold Jet, SANYING, YILE, Sinoinstrument, TIANGANG, JWELL, CHITEC, OECHSLER, OLY, CHEN HSONG, Doleungchoi, LIZHU, MICROBAN (More sponsors to be confirmed) Last Edition Invited Speakers (Partial): Du Cao -- Vice-President /Chief Engineer, BAIC Motor Corporation Ltd. R & D Center Jianlai Yan -- Deputy Secretary General, China Society of Automotive Engineers Dr.Chengyin Yuan – CEO, National New Energy Vehicle Technology Yingtao Duan -- Lightweight Technology Department Engineer, BAIC Group New Technology Institute Shiwei Zhang -- Director of Attribute Department, Suzhou HT -
2005-Global Partnerships Final Poster.Qxd 8/17/2005 3:54 PM Page 1
2005-global partnerships final poster.qxd 8/17/2005 3:54 PM Page 1 SPONSORED BY GGuuiiddee ttoo gglloobbaall aauuttoommoottiivvee ppaarrttnneerrsshhiippss FULL OWNERSHIP EQUITY STAKES VEHICLE ASSEMBLY ALLIANCES TECHNICAL/PARTS ALLIANCES BMW AG Owned by: Joint venture: Contract assembly: •DaimlerChrysler - gasoline engines - Brazil •Mini •Quandt family - 46.6% •BMW Brilliance •Magna Steyr, Austria •Land Rover - diesel engines - UK •Rolls-Royce Motor Cars Ltd. •Other shareholders - 53.4% Automotive Co., China •PSA/Peugeot-Citroen - gasoline engines - France & UK •Tritec Motors, Brazil •Toyota -diesel engines DAIMLERCHRYSLER AG Owns: Owned by: Joint venture: Contract assembly: •BMW - gasoline engines - Brazil •Chrysler group •McLaren Group - 40% •Deutsche Bank - 6.9% •Beijing Benz-DaimlerChrysler •Karmann, Germany •GM - hybrid drive system •Mercedes-Benz •Mitsubishi - 12.8% •Kuwait Investments - 7.2% Automotive, China •Magna Steyr, Austria •Hyundai/Mitsubishi - 4-cylinder engines (Mercedes-Benz owns 100% of Maybach and Smart) •Mitsubishi Fuso - 65% •Other shareholders - 85.9% •Fujian Motor Industry Group, China DONGFENG MOTOR CORP. Owns: Owned by: Joint venture: •Dongfeng Yueda Kia Dongfeng Motor Corp. •Dongfeng Liuzhou Motor Co. Ltd. •Dongfeng Automobile Co. - •Chinese central government - •Dongfeng Honda Automobile Co., China 70% 100% Automobile (Wuhan), China •Zhengzhou Nissan •Dongfeng Motor Co., China Automobile Co., China •Dongfeng Peugeot Citroen Automobile Co., China FIAT S.P.A. Owns: Owned by: Joint venture: Contract assembly: •General Motors - powertrains - Poland •Fiat Auto S.p.A. •Ferrari - 50% •Agnelli family - 22% •Nanjing Fiat - China •Pininfarina, Italy •Suzuki - diesel engines - India (Fiat Auto owns 100% of Alfa Romeo, Fiat and Lancia) •Other shareholders - 78% •SEVEL - Italy, France •Suzuki, Hungary •Maserati S.p.A. •Tofas - Turkey •Nissan, South Africa •Iveo Fiat - Brazil •Mekong Corp., Vietnam FIRST AUTOMOBILE WORKS GROUP Owns: Owned by: Joint venture: •FAW-Volkswagen First Automobile (FAW) •FAW Car Co. -
Diretoria De Marcas, Desenho Industrial E Indicações Geográficas
Revista da Propriedade Industrial Nº 2481 24 de Julho de 2018 Desenho Industrial Seção III REPÚBLICA FEDERATIVA DO BRASIL Presidente Michel Temer MINISTÉRIO DA INDÚSTRIA, COMÉRCIO EXTERIOR E SERVIÇOS Ministro da Indústria, Comércio Exterior e Serviços Marcos Jorge de Lima INSTITUTO NACIONAL DA PROPRIEDADE INDUSTRIAL Presidente Luiz Otávio Pimentel De conformidade com a Lei nº 5.648 de 11 de dezembro de 1970, esta é a publicação oficial do Instituto Nacional da Propriedade Industrial, órgão vinculado ao Ministério da Indústria, Comércio Exterior e Serviços, República Federativa do Brasil, que publica todos os seus atos, despachos e decisões relativos ao sistema de propriedade industrial no Brasil, compreendendo Marcas e Patentes, bem como os referentes a contratos de Transferência de Tecnologia e assuntos correlatos, além dos que dizem respeito ao registro de programas de computador como direito autoral. As established by Law nº 5.648 of december 11, 1970, this is the official publication of the National Institute of Industrial Property, an office under the Ministry of Industry, Foreign Trade and Services, Federative Republic of Brazil, which publishes all its official acts, orders anddecisions regarding the industrial property system in Brazil, comprising Trademarks and Patents, as well as those refering to Technology Transfer agreements and related matters, besides those regarding software registering as copyright. D´après la Loi nº 5.648 du 11 décembre 1970, cellesi est la publication officielle de I'Institut National de la Propriété Industrielle, unoffice lié au Ministère de I’Industrie, du Commerce Extérieur et des Services, République Fédérative du Brésil, qui publie tous ses actes,ordres et décisions concernant le système de la propriété industrielle au Brésil, y compris marques et brevets, aussi que ceuxréférents aux contracts de transfert de technologie et des sujets afférents, en outre que ceux se rapportant à l'enregistrement desprogrammes d ´ordinateur comme droit d'auteur. -
DFMC2013SHZRNB.Pdf
东 风 汽 车 公 司 2013 社会责任报告 东风汽车公司社会责任报告 DFM CORPORATION SOCIAL RESPONSIBILITY REPORT 官方微博 官方微信 Dongfeng, the nurturing east wind Ⱋᒂ Contents ͚ప͉ᷓ䷻⋓ 㔲䉐ШڠDongfeng Nurturing China Dream ݖ⯷Ⱕ Stakeholders’ Responsibility 䪬ڞ㔲 ̻ڠȟч䉐Шጒ҉⤳ᔢ ⋓∪ݖ⯷Ⱕ ȟч䉐Ш͚㵹ߕ䃎ܿÿÿ⋓䃎ܿ ȟͧ㗎͉݈䕍Фթఋ្ ȟч䉐Ш㻳㻶㶕⣝ ȟͧঅጒᐧ䃫Ꭵ⺼უచ ȟч䉐Шノ⤳ಸ ȟͧᝤӈх䉕ϔ৮ ȟч䉐Ш䃛䷅䔶᠖ 䊏Ꭰझڞȟͧцѡᥚᐧ ȟч䉐Ш⇌䕇 Й̭䊤䔪ᄨ⮱͉䷻ᷓ ȟч䉐Ш㘪߈ᐧ䃫 Let’s Work Together to Pursue Dongfeng Dream ȟ䉐Ш㢐㾶 ȟ㦐θ䪬㜡䓋 ȟᕨ㏼⤳㜡䓋 ䷻Ⱪ͚⮱͉ڠȟݖ⯷Ⱕ थキϸڙȟ ⤳⇨थڙȟ ȟ㏱㏴ᱧᲱȟ ȟ䄇ԎႵ∂ Ԋ䃮Ю͇⽠֒ࣾᆂ ȟЮ͇᪴ࡃ ϔ ᐧ䃫֒Ꮴ䓽㥒⣜ධ⩌ڕȟႶ ȟ㜗݈ͨ ក䕍ℾ↪䒓৮❹ 䊝䔈͉䷻⮱̓⩹ ㏼≻䉐Ш Walk into the World of Dongfeng Economic Responsibility ㍮㢐ڞ㞟ప䃎ℾ⩌ ̻పუ⋓ ⯷䉐Шڙч Public Welfare Responsibility 䔈ₒڞ⯷θ͇ ̻чڙ㒻⋓ ⤳⯷ᙵノڙȟ ⯷䶦Ⱋڙȟ Ꭱᆂ᱈ Outlook 2014 ȟᠴᴴ㉏ᑂ ȟ្ॷ䃱㏔ λ᱙្ॷڠȟ ȟႹ⣜ධノ⤳ ȟᘼ㻮ࣺ亵㶕 ȟᐧ䃫㐬㞟ጒࢯ ȟᗲ㈨᪴ࡃθ͇ ȟ⩌ϔ⣜Ԋϔ৮ ȟᑂᄩ֒Ꮴ↪䒓᪴ࡃ ⣜ධ䉐Ш 䭱ᒂ Environment Responsibility ᪴ࡃ䉐Ш The Appendix Cultural Responsibility হ䄽ڞ㜗♣ ̻⣜ධͪ⋓ ࣾᆂڞ᪴ࡃ ̻᪴ᬻ⊥⋓ थч䉐Ш្ॷڙ䒓↪䷻͉ DFM CORPORATION SOCIAL RESPONSIBILITY REPORT 2013 ై͛ˇῨ℗ঌᔻ˝▚ཝ Let’sL Work Together to Pursue Dongfeng Dream ᒽᎠ XU PING ༁Γ䃝ڇथ㦐θ䪬Ƞڙ䒓↪䷻͉ Chairman of Board and Secretary of CPC Committee, DFM 㦐θ䪬㜡䓋 Chairman of Board थౕчڙहఋ䶫䓴̭ࣨᎡ͉䷻↪䒓ڞᓰȠᩜᠮȠԎШ͉䷻θ͇⮱ҍЙ喑ڠ䕇䓴Ȩч䉐Ш្ॷȩ̻̭Ⱑڡ䲋፥倅 㐅᱗Გ⮱ࣾᆂ̻ᷓᘠȡڞ䉐Шθ͇䲏ःᓄ⮱䔈ₒ喑ܳϘߌ⮱ૉᗓহᙌߕ喑 थ䨭ਜ਼↪䒓 ̴䒳喑ᅲڙᎡڕथಇᠮ⽠͚Ⅿ䔈喑ऱ䶦θ͇䓵̷⮱झ䭣喑θ͇ᵦധᰡߍ➏ధȡڙ䷻Ꭱ͉ 䲏倅䉕䛼ႹȡڕϬٰ喑㏼㥒䉕䛼ᓄݝ䔈̭ₒࡴ喑పߎ䮏ప䉱༁㔰ᵥᠴᴴ ڒ㵹͇すι喑⣝䨭ਜ਼ᩣ 㔲䉐ڠ㞟ᆒ㵹㏼≻䉐ШȠݖ⯷Ⱕܧ䉌䉐Ш⮱๛Ю喑͉䷻ᠶ⚔ч䉐Ш͚㵹ߕ䃎ܿÿÿĄ⋓ą䃎ܿ⮱䘕㒟喑ౕͧ҉ थч䉐Шڙह⮱ߗ߈̸喑ڞ⯷䉐ШȠ᪴ࡃ䉐Шぶ䲏⮱ᆒ䉐ጒ҉ȡౕЙڙШ⮱हᬣ喑⼜Ხᐭᆂ⣜ධ䉐ШȠч 㔲ą喑Ѻλ㵹͇ݺ݄喑Ꭳ㢐㣤Ą͚పЮ͇ч䉐Шࢀ䊷ąぶ㈨݄ᆒ䉐㢐㾶ȡٵĄ䶳ڒࣾᆂᠴ仃⁎ϻĄ䔪䊣㔲ą䔈 ᣕ䔈͉䷻Ąⷠڒ⌞ᄾᴀᢿᩫহ㘪⎽⊵㕄喑ߍᔘࣾᆂ㞯㘪̻㘪⎽↪䒓喑ۼФթ䨫㜡߈λڕ䓴̭ࣨᎡ喑Йౕ ᢿⰛᴴ喑ͧᲱᐧ⣜ධࣸສಸ↪䒓ч䉎⡛γ㜗ጞ⮱߈䛼ȡЙ䕇䓴Ą͉ۼᎠ㶎ą⩌ᔮ᳄ぶ䶦Ⱋ喑倅ᴴ۳ႹᎡᏓ㞯㘪 㠄㵹ߕąȠĄϟ֒Ꮴᔘ䒓ąȠĄᄦऐឣᤡᐧąぶ䶦Ⱋ喑ᎡᏓ㉜䃎䊍 ̴ٰ喑๔߈ᩜᠮౝ㏼≻⋓䷻ -
Trade Mark Journal No
Trade Mark Journal No. 001/2021 31 January, 2021 FEBRUARY 2021 Issue No. 002/2021 1 Trade Mark Journal No. 001/2021 31 January, 2021 CONTENTS General Information 3 Operating Hours 3 Submission of Application 3 Enquiries 3 Trademarks Legislation 4 Forms and Fees 4 INID Codes 5 First Schedule – Fees 7 Second Schedule – Forms 12 Third Schedule – Classification of Goods and Services 14 New Trade Mark Applications Filed 17 Change of Proprietor’s Name 79 Change of Proprietor’s Address 80 Change of Address for Service 83 Subsequent Proprietor Registered 84 Subsequent Proprietor and Address for Service Registered 85 Trade Mark Registered 86 Trade Mark Pending for Renewal (6 months before expiration date) 89 Trade Mark Unpaid Renewal Fee (6 months grace period after expiration date) 108 Trade Mark Renewed 144 Trade Mark Renewed and Change of Agent 145 Trade Mark Renewed and Restored 183 Trade Mark Removed Through Non-Payment of Renewal Fee 184 New Trade Mark Applications Filed Under The Madrid Protocol 185 Trade Mark Registered Filed Under the Madrid Protocol 298 Trade Mark Registered Filed Under the Madrid Protocol due to 18 Months Lapsed 304 Trade Mark Pending for Renewal Filed Under the Madrid Protocol 306 ******* 2 Trade Mark Journal No. 001/2021 31 January, 2021 General Information The Brunei Darussalam Intellectual Property Office (BruIPO) is an Office under the Attorney General’s Chamber and its premises with effect from the 1 April, 2019 and is situated at the following address: Brunei Darussalam Intellectual Property Office (BruIPO) Attorney General’s Chamber Knowledge Hub, Level 2, Anggerek Desa Technology Park Jalan Berakas BB3713, Brunei Darussalam Tel: +673 2380966 Opening Hours With effect from 1 January, 2020, the Brunei Intellectual Property Office (BruIPO) counter will operate as follows: Monday to Thursday : 8.00am to 12.00am 2.00pm to 3.00pm Saturday : 8.00am to 11.00am Friday and Sunday : CLOSED Submission of Applications 1. -
ENGINEERING DEVELOPMENT BOARD 24Th Meeting of the Auto
th Minutes of 24 Meeting of AIDC ENGINEERING DEVELOPMENT BOARD 24th Meeting of the Auto Industry Development Committee Held on, 13th April, 2017 Minutes of the Meeting 24th Meeting of the Auto Industry Development Committee was held on 13th April, 2017 in the conference room of EDB under the chairmanship of Mr. Sher Ayub Khan, Chief Executive Officer (CEO), EDB. The list of the participants is attached as Annex-I. The meeting started with recitation from Holy Quran. The Chair welcomed all the participants. After introduction of the participants, the forum was opened for discussion. The Meeting was held in cordial environment and participants supported positive steps for promotion of automobile industry. Following Agenda Items were discussed during meeting. S.# Agenda Item Item No. 01 Confirmation of the Minutes of 23rd Meeting of AIDC held on June 09, 2016 Implementation of ADP 2016-21, Reimbursement payment adjustment @ KIBOR Item No. 02 +2% on delivery beyond 60 days Request of Regal Automobile Industries Limited under Automotive Development Item No. 03 Policy 2016-21 Request for Brownfield Investment under Automotive Development Policy 2016-21 by Item No. 04 M/s Dewan Farooque Motors Ltd. Request for Green Field Investment under Automotive Development Policy 2016-21 Item No. 05 by M/s Al-Haj Faw Motors (Pvt.) Ltd Item No. 06 Discussion on FTA’s with Thailand & Turkey and Pakistan’s stance. Installation of E.D Paint facility for Cars, LCVs and HCVs: Item No. 07 Discussion on amendment in relevant SRO. Update on Adoption of United Nations Economic Commission for Europe (UNECE) Item No. -
Plastics & Rubber Innovative Materials Application and Processing
Plastics & Rubber Innovative Materials Application and Processing May.26-27, 2020 Technology Summit 2020 Shanghai·China Parallel Event: Plastic Industry - Ringier Technology Innovation Awards 2020 Promote Circular Economy and Realize Green Development Support Associations: - Shanghai Society of Plastic Industry - Guangdong Plastic Industry Association - Shanghai Household Electric Appliance Profession Association - Shanghai Transportation Electronics Association - Changzhou Wujin District Medical Equipment Industry Chamber of Commerce Sliver Sponsor Badge Sponsor Signature Wall Sponsor Bronze Sponsors Booth Sponsors Background Plastics & Rubber Processing Technology and Innovative Materials Application Summit 2020”will be held in Shanghai from March 5 to 6, 2019. This conference will focus on plastics circular economy. The application of rubber and plastic and innovative materials in automotive, medical, consumer electronics, packaging and circular recycling will be discussed in depth. This conference has a plenary session and automotive, medical, consumer electronics, packaging and circular recycling parallel sessions. Experts and leaders from plastic machinery and equipment, testing, chemical raw materials, additives and auxiliary materials, moulds and accessories, plastic products and films, and terminal enterprises will be invited to discuss and exchange the frontier technology and innovative ideas of the industry. Five Parallel Session: - Forum of Plastics & Rubber Innovative Application in Automobile Industry 2020 - Forum of Plastics -
Geely Auto 吉利汽车 (175 HK) ACCUMULATE
Hong Kong Equity | Automobile Company in-depth Geely Auto 吉利汽车 (175 HK) ACCUMULATE Sales Rebound Following Mid-2019 Weak Performance Share Price Target Price Geely ranked No. 7 among Chinese auto makers in 2018, according to CAAM. HK$15.36 HK$16.7 Though Geely’s sales volume declined in 2Q2019, it has recovered gradually since 9/2019 and sold 143,234 units (+1.1%/10% YoY/MoM) in 11/2019. We believe the launch of 6-8 new models in 2020E and fuel vehicles sales pick-up in China may China / Automobile / Auto Maker continue to boost its sales volume. Combined with rising contribution from mid-to-high end vehicles to support ASP, we estimate 2020E profit to improve by 9 December 2019 26% YoY to RMB11.3 bn. We initiate Accumulate with TP of HK$16.7, suggesting 9% upside potential. Alison Ho (SFC CE:BHL697) Sales decline narrowed down: Geely sales dropped significantly in 2Q2019 & 3Q2019 (852) 3519 1291 mainly due to 1) the implementation of China VI vehicle emission standard from [email protected] 1/Jul/2019 in some cities resulting in customers squeezing demand for new cars in 1H2019; 2) the uncertainties on relations between China and US; 3) economic downturn to drag consumer’s purchasing power. However, we saw Geely’s auto sales decline has Latest Key Data narrowed since 9/2019 and recorded a growth of 1.1% yoy in 11/2019. Under Total shares outstanding (mn) 9,146 consideration that December and January are regarded as the high season for auto sales, Market capitalization (HK$mn) 140,476 with customers traditionally making purchases before Chinese New Year, we therefore Enterprise value (HK$mn) 126,335 believe Geely’s auto sales growth will keep improving in the near future. -
Monitoring CO2 Emissions from New Cars and Vans 2018
EEA Report No 02/2020 Monitoring CO2 emissions from passenger cars and vans in 2018 ISSN 1977‑8449 EEA Report No 02/2020 Monitoring CO2 emissions from passenger cars and vans in 2018 Cover design: EEA Cover photo: © Alejandra Bize Layout: Rosendahls a/s Legal notice The contents of this publication do not necessarily reflect the official opinions of the European Commission or other institutions of the European Union. Neither the European Environment Agency nor any person or company acting on behalf of the Agency is responsible for the use that may be made of the information contained in this report. Brexit notice The withdrawal of the United Kingdom from the European Union did not affect the production of this report. Data reported by the United Kingdom are included in all analyses and assessments contained herein, unless otherwise indicated. Copyright notice © European Environment Agency, 2020 Reproduction is authorised provided the source is acknowledged. More information on the European Union is available on the Internet (http://europa.eu). Luxembourg: Publications Office of the European Union, 2020 ISBN 978‑92‑9480‑222‑4 ISSN 1977‑8449 doi:10.2800/19757 REG.NO. DK-000244 European Environment Agency Kongens Nytorv 6 1050 Copenhagen K Denmark Tel.: +45 33 36 71 00 Internet: eea.europa.eu Enquiries: eea.europa.eu/enquiries Contents Contents Abbreviations .............................................................................................................................. 4 Acknowledgements ...................................................................................................................