Adient Capital Allocation and China Business Update
Adient in China - Staying abreast of the market
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ADIENT
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> Adient began to develop and manufacture automotive seats in China starting in 1996 and we have continuously invested in the
world's largest auto market in the past three decades
>
In the early days of entry into China, Adient grew rapidly through joint ventures with local partners (leverage our technology in
exchange for market) and established a leading position in terms of market share and reputation
As we observed the market starting to transition and become more mature and independent, Adient also transformed to align
with this trend
Adient has acquired 100% equity interest in 3 entities and grew our consolidated revenue, which enables us to serve our
customers better by bring capabilities to a wholly-owned environment, and improves operating efficiency through optimized
purchasing power and operational synergy
1996
1997
2001
2003
2008
2009
2012
Entered China and
set up BJA with
BAIC
Set up CFAA
with FAWAY
Set up YFAS
with Yanfeng
J.P. Morgan China Investor Meeting
Set up CQ with
Yanfeng and Boao
Annual sales
$1.9B
Annual sales
$3.9B
I
Set up GAAS
with GACC
Adient PUBLIC
Adient China Strategic Transformation
2021
2022
2023
Acquired 100% equity
interest of Langfang
(metal structure)
Acquired 100% equity
interest of Nantong
(trim)
Acquired 100% equity
interest of Chongqing
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