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Investor Presentaiton

Cost Differentiation Technology Linkages with other firms NAVINFO> 青年汽车 YOUNG MAN XCMG CIMC中集 Internationalise to gain technology, but focus largely on Chinese market Internationalise to gain technology, develop innovative capability, open channel to 'sophisticated' European market. 佳 中国恒天集团有限公司 CHINA HI-TECH GROUP CORPORATION Internationalise as part of diversification Build relationship 洗心 光明食品(集團)有限公司 FOSUN 复星 BRIGHT FOOD (GROUP) CO., LTD. (brand, marketing) Chinese consumers more 'demanding'. Firms internationalise to acquire established brands principally for Chinese market BYD HUAWEI Acquire, build own brand internationally. Move beyond being 'Chinese' company Price Many Chinese companies compete here Chinese market Market focus NORCO HIKVISION Internationalise to NL to sell essentially same product as in China. Many SMEs do same International market
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