Adient China Growth and Presence slide image

Adient China Growth and Presence

Adient in China - Staying abreast of the market ///// ////// //// /// ///// ADIENT / / / / / / / ////// > 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 14
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