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Presented by:
Teo Tong KooiChief Executive Officer
Annual General Meeting29 April 2010
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1 Xinfei Group
2 China Yuchai Int’l Ltd Group
3 Building Materials Group
4 Industrial Packaging Group
Agenda
2010 Annual General Meeting
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3
Unit Sales Volume
ProductsActual
Variance (%)Budget
Variance (%)
2009 2008 2009
Refrigerators 2,380,164 2,163,862 + 10% 2,900,000 - 18%
Freezers 604,148 566,429 + 6.7% 650,000 - 7%
Air Conditioners 85,256 191,611 - 45% 500,000 - 83%
Exports 103,586 189,379 - 45% 250,039 - 59%
Total 3,173,154 3,111,281 + 2% 4,300,039 - 26%
2010 Annual General Meeting
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Manufacturing Capacity
2010 Annual General Meeting
Air-conditioner 1,056,000 units
Refrigerator 4,620,000 units
Freezer 2,580,000 units Manufacturing
Capacity
per annum
3
5
BCD560WD
2009 !" #$% !" #$% !" #$%
!" #$%&'()*+,-./
&'()*+,-./&'()*+,-./
&'()*+,-./
SBS Air-Cool Fridge Models Launched for 2H’09
2010 Annual General Meeting
BCD558W
6
JC159V
2010 Annual General Meeting
Latest Dual Function Display Wine Fridge
4
7
558W
560WD
560WG
560WA
560WAA
560WVA/WBA
336W
Side By Side Series
Six- Door Series
French Door Series
Frost Free Refrigerator
Titan Series3 Series 8 Models
2010 Annual General Meeting
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8EMC9EMA 8EMS8A 229EFM
Direct-Cool Refrigerator
2010 Annual General Meeting
Titan Series4 Series10 Models
3-Door Computer Fridge
Three independent circulation systems and one soft freezing compartment
9CHS 9MB 223MC7A 8FHA 7CHT 7GSD 7CHSA
Gold Eagle Series8 Series25 Models
Two-door/ three-door mechanical temperature control.
Energy saving, low noise level and healthy.
6KA CT BD-101A
Classic Eagle Series4 Series 9 ModelsSingle / 2-Door
9VCB 157VC/CK DK TKD
Silver Eagle Series4 Series 18 ModelsLow Power Consumption
5
9
Rhyming wind
9 Series 29 Models
All-round champion
Loving wind Graceful wind
D29
Regal wind Spiritual wind
D23 D25
High-end
Mid-high end
Low-end
Mid-end
2010 Annual General Meeting
• High quality, low price• Overhead advertising light box• External tubes condenser• Automatic defrosting • Movable rack• SC-210H SC-260H SC-310H
• Humidity control• Humidity range 50%!80%
• Professional wine chiller
• Air-cool design• small temperature variation• 3�!16� adjustable• Anti-condensing• Covered with Electrothermal Film• JC-168F
Air Conditioner / Upright Showcase / Wine Cellar
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Recognition – Award for Product
2010 Annual General Meeting
!BCD-229EFM"#$%&'()*+,-./012345 67
Xinfei's BCD-229EFM high-humidity freshness refrigerator won the 5th China
Electric Home Appliance Innovation Award
/01389:
Research Institute of Chinese Household Electrical Appliance
!"# Awarded By
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11
Recognition – Awards for the Company
2010 Annual General Meeting
!"#
!"# !"#
!"#Name of Awards $%&'
$%&'$%&'
$%&'Awarded By
!"#$%&'()*+,
China Refrigerator Industry No. 1 Competitive Brand
!-./01234 !5%&'(6784
!+,984:;<=>?
Chinese Academy of Management Science and Chinese Enterprises, Competitiveness Advancement Association and
Chinese Brand Association and China Commercial Times Press, etc
!@A$%&'()*+,
China Freezer Industry No. 1 Competitive BrandIbid
!BC$%DE&'(+,
China Air-conditioner Industry Top 10 Competitive BrandsIbid
!FG%5%500H
“China Top 500 Manufacturing Enterprises”
!5%IJ84 !5%K98
Chinese Enterprises Association and China Entrepreneur Association
2009LMNO&'(5%
2009 Henan Most Competitive EnterpriseLMP==%QRSEL=T
Henan Daily Newspaper Group (Dahe)
2008UVLMW%XH5%
2008 Henan Top 100 Industrial EnterprisesLMYW%Z[IJ8
China Federation of Industrial Economics
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Recognition – Awards for the Company
2010 Annual General Meeting
!"#
!"# !"#
!"#Name of Awards
$%&'
$%&'$%&'
$%&'Awarded By
!"#$%&'()*+,
National Model Enterprise for Intellectual Property Rights
!-%&'(.
State Intellectual Property Office
/012345
Asia Excellent Brand Award/0!61234789:;<=>!?@ABCDEFGH
Asia International Famous Brand Certificate Management Center and the interrelated medias and research institutions
2009IJKLMNO-P34QRSTUNOJ34
2009 Consumers’ Satisfaction Household Appliance Brand for Refrigerator Category
V!WPXYZ!6([\]^_`abcde
Gome Electrical Appliances and Canadian Dun's Market Identifiers
fgh<!34500ijk
l<!mnop34500iqr<st
49.59uv\34op
,wxy34z{iXinfei was ranked among “China’s Top 500 Most
Valuable Brands” and the top 3 brands in Henan with a brand value of RMB4.959 billion
|}34~��
World Brand Lab
������34
Excellent Brand in Innovation<!�����g���
China Independent Innovation Selection Committee.
��fg��<!!-"$��\h!-1�jk
Infer was selected “National Name Card” as representative of China’s corporate image
<!34BC�
China Brand Research Institute
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132010 Annual General Meeting
Corporate Social Responsibility
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Unit Sales Volume
ProductsActual
Variance (%)Budget
Variance (%)2009 2008 2009
Medium-Duty 6105 Engines 95,098 74,649 + 27% 60,814 + 56%
Medium-Duty 6108 Engines 45,431 32,940 + 38% 32,018 + 42%
Heavy-Duty 6112, 6L/6M 34,500 27,186 + 27% 33,866 + 2%
Light-Duty 4 Series 229,387 174,440 + 31% 155,509 + 48%
Industrial 63,483 63,065 + 1% 67,793 - 6%
Total 467,899 372,280 + 26% 350,000 + 34%
2010 Annual General Meeting
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China’s Top 20 Diesel Engine Manufacturers
Source: CAAM
CNHTCFOTON
DFCV
DCEC
XCEC
Qingling
CCEC
CHENGFA
YUNNEI
YUCHAI
FAW-VW
CHAOCHAIWEICHAI
DACHAI
LAIDONG
NANQI
SHANGCHAI
YANGCHAI
XICHAI
JIANGLING
2010 Annual General Meeting
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Top 10 Diesel Engine Manufacturers Ranking
2009
0
5
10
15
20
25
Yuchai
Xicha
i
Wei
chai
Yunnei
Chao
yang
DCEC
Yangch
ai
Dac
hai
Sida
Luoyang
Diesel Engine Mfrers
Perc
en
tag
e (
%)
Top 10 Diesel Engine Manufacturers Ranking
2008
0
5
10
15
20
25
Yuchai
Weic
hai
Xicha
i
Yunnei
DCEC
Chao
chai
Yangch
ai
Dac
hai
Sida
Han
gfa
Diesel Engine Mfrers
Pe
rce
nta
ge
(%
)
� Yuchai maintains its No. 1 position as China’s largest diesel engine manufacturer in 2009.� Its market share has maintained in 2009 compared to 2008.
Yuchai – Largest Diesel Engine Manufacturer
Source: Yuchai Marketing Department
2010 Annual General Meeting
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Yuchai Dominates in LD / MD Market
� Growth at 5-year CAGR of 15.2%.� Increased its market share in HDE and MDE in 2009.� Competition is fierce in all segments of the truck market.� Yuchai has over 60% of the medium and large bus markets.
Yuchai Engine Sales (units)
0
50
100
150
200
250
300
350
400
450
500
2005 2006 2007 2008 2009
Year
Un
its
('0
00
)
5-Year CAGR = 15.2%
Market Share (%)
0%
10%
20%
30%
40%
50%
60%
HDE MDE LDE
Market Segment
Sh
are
(%
)
2008
2009
2010 Annual General Meeting
�� ��� ��� ��� ��� ��� ��� ��� ��� ��� ���
!"#$%
!"#$% !"#$%
!"#$% ��
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� Commercial Vehicles required China National (Euro) IV or above� 7 new engine platforms with 5 new generation engines.� Heavy duty engines to be launched in 2010.� Wide Power range : 55 – 735 Kw (70 – 985 HP)
New generation engines
Renewed Development
Developing New Gen 4H
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Global Emission Legislation Upgrading
2010 Annual General Meeting
GLOBAL EMISSION LEGISTATION UPGRADING
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
EPA 98 EPA 04 EPA 07 EPA 10
JP 98 JP 03 JP 05 JP 09
EURO 03 EURO 04 EURO 05 EURO 06
Conama 02 Conama 03 Conama 04
(EURO 2) (EURO 3) (EURO 4)
CHINA 02 CHINA 03 CHINA 04 CHINA 05
(EURO 2) (EURO 3) (EURO 4) (EURO 5)
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192010 Annual General Meeting
Business Integration
202010 Annual General Meeting
GYMC Manufacturing Sites
LegendInvestments & JVs
�����
����
�� ������������
�����
�
������
Shanghai
� �����
Wuhan
Guangzhou
Beijing
Sanli
Yulin
Xiamen
Nanning
Suzhou
Wuhu
Jining
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Key Projects
2010 Annual General Meeting
Yuchai Union Power
Co Ltd
Jining Yuchai Zhejiang Sanli Yuchai
Engine Co Ltd
Yuchai Caterpillar
Remanufacturing JV
LocationWuhu CityAnhui Province
Jining CityShandong Province
Tian Tai CountyZhejiang Province
Suzhou Industrial ParkJiangsu Province
ProductsYC 6K, 12/13L @ 380-550PS HD
4D20, 2/3L @ 90 -140 PS LD
4D20, 2/3L @ 90 -140PS LD
Remanufacturing components and engines
Expected Production Date
December 2010 August 2012August 2012; (partial production end 2010)
December 2009
Paid Up Capital RMB 150 Million RMB 45 Million RMB 30 Million USD 20 Million
Ownership
45% GYMCL, 45% Jirui United Heavy Industry Co Ltd, 10% Shenzhen City Jiusi Investment Ltd
52% GYMCL, 30% Zhejiang Geely, 18% Zhejiang Yinlun Machinery Co Ltd
52% GYMCL, 30% Zhejiang Geely, 18% Zhejiang Yinlun Machinery Co Ltd
51% Yuchai,49% Caterpillar
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Yuchai Union Power Factory
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232010 Annual General Meeting
Construction Industry / Market Performance
Description 1Q’09 2Q’09 3Q’09 4Q’09 2009 1Q’10
Overall GDP - 9.4% - 3.1% 0.6% 4.0% -2.0% 13.1%
Construction 24.4% 19.0% 11.5% 11.2% 16.0% 11.3%
Sources: Ministry of Trade & Industry
Building Materials Group
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Procurement
Monthly RMC & Key Materials Price
RMC
Average Selling Price S$ Per M3
121.41
115.64
111.89
114.54
110.47
107.14 107.23
105.12
99.79 99.33
96.77 96.19
90.31
88
93
98
103
108
113
118
123
128
Dec-08 Jan-09 Feb-09 M ar-09 Apr-09 M ay-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09
S$ /MT
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09
20mm CFR S$ Per MT
20mm DEL S$ Per MT
M.Sand CFR S$ Per MT
M.Sand DEL S$Per MT
Concrete Sand CFR S$ Per MT
S$/MT
Review of FY’09 Performance
2010 Annual General Meeting
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252010 Annual General Meeting
Prospects for 2010
� Continue focus on recession proof government funded
projects:
� Marina Coastal Expressway (MCE)
� Downtown Line (DTL)
� Housing Development Board (HDB)
� BCA preliminary construction demand in 2009 is estimated
to be $21 billion and BCA forecasts the construction
demand in 2010 is likely between $21 billion and $27 billion.
Materials
Basic Construction Materials Demand for 2010
2009 preliminary(Net Imports & Production)
2010 forecast(Based on Construction Output)
% Change
Ready-Mixed Concrete 9.7 mil m3 9.1 mil m3 -6%
Cement 4.8 mil tonnes 4.4 mil tonnes -8%
Steel Reinforcement Bars 1.03 mil tonnes 1.0 mil tonnes -3%
MaterialsBasic Construction Materials Price Trend
Dec 08 Dec 09 (Preliminary) % Change
Ready-Mixed Concrete (Grade 35 Pump) $122/m3 $93/m3 -24%
Cement (Ordinary Portland Bulk) $120/tonne $94/tonne -22%
Steel Reinforcement Bars (20mm High Tensile) *$862/tonne* Based on Jan 09 price
$735/tonne -15%
• The price for ready-mixed
concrete is likely to remain
competitive in year 2010
.
• Rebound in rebar price is
envisaged in the 1H 2010 as
increase demand in Asia
(Source: BCA)
262010 Annual General Meeting
Outlook for 2010
In January 2009, HLA increased its stake from 32% to 72% via General Offer.
TCB has proposed to pay in total ordinary dividend of RM 30 cents and capital reduction dividend of RM 33 cents. HLA will receive in total RM 74 million.
Cash of RM 389 million as at 31 March 2010.
The cement industry for Peninsular & East Malaysia is forecasted to grow at 3 – 5% and 3% respectively for 2010 with the anticipation that mega projects announced under the country’s economy stimulus packages in 2008/09 such as LCCT, second Penang Bridge, Pahang – Selangor Interstate raw water transfer etc will kick start towards the 2H 2010..
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272010 Annual General Meeting
Outlook for 2010
� 3 plants in China (2 under JVs), one each in Malaysia and Indonesia
� Manufacture plastic pails and bottles and jerry cans for MNCs such as Shell, Coke, Pepsi, Exon-Mobil, etc
� In 2008, secured a 5-year RMB 1.2 billion contract from Shell China.
� We are in the midst of setting up Henan Rex to takeover the Xinfei Plastics parts operation
.
� With this venture will provide us a foothold in the Central Western plastics and packaging business opportunity.
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Thank You
2010 Annual General Meeting
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